The Blackstone Group Reviews | Glassdoor

The Blackstone Group Reviews

Updated July 4, 2017
113 reviews

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3.6
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The Blackstone Group Chairman, CEO, and Co-Founder Stephen A. Schwarzman
Stephen A. Schwarzman
65 Ratings

113 Employee Reviews

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Pros
  • Very Smart people in the company (in 14 reviews)

  • Very demanding work enviorment where you learn a lot but cearfully supervised by associates/principals (in 4 reviews)

Cons
More Pros and Cons

  1. "Analyst"

    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

    Super smart people, fun group of people to hang out with after work, surprisingly open to career development for a finance firm, hours weren't that bad at all

    Cons

    Certain parts of the org are clearly the more important (read money-making) teams - if you're not on one of those, you just don't get the same resources.


  2. "Good Experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Consultant in San Francisco, CA
    Former Employee - Consultant in San Francisco, CA
    Recommends
    No opinion of CEO

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

    Pros

    Good environment, very quiet.

    Cons

    Management is nice but not supportive. Very low employee engagement.

  3. "Investment Banking Analyst"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at The Blackstone Group full-time

    Pros

    culture of excellency and highly motivated peers, great place to learn

    Cons

    hours and output expected can be a tough load at times

    Advice to Management

    keep focus on talent development, don't forget to create value for stakeholders not just shareholders


  4. "Solid Firm"

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

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

    Pros

    Very solid team, caliber, dealflow, reputation, compensation

    Cons

    Can have long hours, can be hard-driving culture during workflow intensive periods


  5. Helpful (5)

    "Finance"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at The Blackstone Group full-time

    Pros

    Free Lunch
    Smart People
    Events / Outings are top notch

    Cons

    No Work/Life balance
    Unrealistic deadlines - unless you work around the clock
    Turnover is high, the few tenured people that remain only stick around due to the "Blackstone" name.
    Outsourcing all back office roles - Technology, Finance, System Support


  6. "It was a really good summer"

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

    Pros

    They have really good mentors

    Cons

    My mentor was pretty bad


  7. "senior leader"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at The Blackstone Group full-time

    Pros

    Ability to engage individuals acorss hierachy and different sectors

    Cons

    Way too number driven for everything, at times missing out big opportunities.

  8. "Big Firm , Intimate Feel"

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

    I worked at The Blackstone Group full-time (More than 5 years)

    Pros

    Fast paced and challenging, but with room for growth. Great salaries, benefits and sizable bonuses. Be prepared for late nights during tax season.

    Cons

    You can burn out in a few years. There's a lot of turnover. Micromanaging can be a problem that's starting to get worse each year.

    Advice to Management

    Be careful and don't become so removed from the day to day business. Don't micromanage either.


  9. "the best"

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

    I have been working at The Blackstone Group full-time (Less than a year)

    Pros

    these are good people who care about their work and the people that work with them

    Cons

    none that come to mind


  10. "What happened to pay?"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Tax Associate in New York, NY
    Current Employee - Tax 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

    Smart people, good reputation, and free lunch

    Cons

    The pay in the back office is awful and it just got worse.

    Advice to Management

    Want to retain good talent? Start giving better pay and opportunities for advancement


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