The Blackstone Group Reviews | Glassdoor

The Blackstone Group Reviews

Updated June 19, 2018
142 reviews

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3.5
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The Blackstone Group Chairman, CEO, and Co-Founder Stephen A. Schwarzman
Stephen A. Schwarzman
86 Ratings

142 Employee Reviews

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Pros
  • "Very Smart people in the company" (in 17 reviews)

  • "Tough place, but incredible place to learn" (in 5 reviews)

Cons
  • "Hours, Work Life Balance, Hours" (in 23 reviews)

  • "Long hours, management doesn't care about you, some office politics" (in 36 reviews)

More Pros and Cons

  1. Helpful (5)

    "Great company"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at The Blackstone Group full-time

    Pros

    Well run, filled with incredibly smart and hardworking people across all divisions and geographies. Great place to learn, build and develop a network for long future ahead

    Cons

    Not much downside. It's a high charging place so obviously there are long hours and high quality product is expected, but that's ultimately more of a positive than negative. just a great place

    Advice to Management

    Keep on doing what you're doing because you've managed to grow the company better than any firm in the history of the financial markets, private and public


  2. "Good place to be."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at The Blackstone Group full-time

    Pros

    Great people, pay, perks, and corporate resources. Employees have a great sense of pride for working at such a prestigious firm. Most employees are extremely thoughtful and smart. There's a lot of opportunity to gain experience if you take initiative.

    Cons

    Management did not always acknowledge accomplishments of junior staff, ultimately leading to high volume loss of great talent.

    Advice to Management

    Hold everyone accountable to the pillars of excellence. If you notice a team with a poor retention rate, review management . The source of pain is rarely seen at the site.

  3. "nc"

    StarStarStarStarStar
    Current Employee - Anonymous Employee in New York Mls, NY
    Current Employee - Anonymous Employee in New York Mls, NY

    I have been working at The Blackstone Group full-time (More than 10 years)

    Pros

    medical benefits, long hours, midtown manhattan

    Cons

    there are lots of them


  4. "Mediocre at best"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at The Blackstone Group full-time

    Pros

    Free meals, kushy, little to no expense spared in outings

    Cons

    Some support function groups in the firm grossly belie the prestige of the firm itself. Hours are long (hence free food and cabs) high turnover and as a result, poor training. Avoid if you like having a life.


  5. Helpful (1)

    "Fantastic place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in New York, NY
    Current Employee - Associate in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at The Blackstone Group full-time (More than 3 years)

    Pros

    After a few years in, still constantly challenged and interacting with fascinating, bright, and friendly folks.

    Cons

    Due to held-over partnership model and mindset (and incredible growth) things can sometimes get stressful. Haven't seen any cracks in the system, but it's a place where you can't necessarily kick your feet up.

    Advice to Management

    Rethink overall group structures on a rolling or incremental basis as the firm evolves and grows. Explore empowering HR (?) to spearhead this and act as partner.


  6. Helpful (1)

    "Technology Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Technology Analyst in New York, NY
    Current Employee - Technology Analyst in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at The Blackstone Group full-time (More than 8 years)

    Pros

    The company pays for dinner.

    Cons

    Poor work life balance.
    Backend Salaries going down.
    Poor culture in IT

    Advice to Management

    Cycle out managers


  7. "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Executive Assistant in San Francisco, CA
    Former Employee - Executive Assistant in San Francisco, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at The Blackstone Group full-time (More than a year)

    Pros

    Super smart and driven people

    Cons

    Frequently have to work long hous

    Advice to Management

    Keep up the good work!

  8. Helpful (1)

    "This is not in NY"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Negative Outlook
    Disapproves of CEO

    I worked at The Blackstone Group part-time (More than 3 years)

    Pros

    Flexible. Nothing much just the employee are great

    Cons

    No professional management. No encouraging

    Advice to Management

    They woul take no advise


  9. Helpful (7)

    "Vice President"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in New York, NY
    Current Employee - Vice President in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at The Blackstone Group full-time (More than 8 years)

    Pros

    Good compensation, growing company, opportunities to get promoted.

    Cons

    Poor work/life balance. Long commute from suburbs. Long hours. Out of date culture - suit and tie required every day, no work from home flexibility, no 401k match and very expensive medical care benefits (roughly $800 per month for an employee + spouse).

    Advice to Management

    The workplace culture is out of date. Employees should have more work from home flexibility.


  10. Helpful (2)

    "Private Equity Accounting"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at The Blackstone Group full-time

    Pros

    People, Benefits, Salary, Bonuses, Location

    Cons

    Hours, Work Life Balance, Hours

    Advice to Management

    Work Life Balance


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