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    The Blackstone Group Reviews

    Updated August 13, 2018
    147 reviews

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    Full-timePart-time
    3.6
    StarStarStarStarStar
    Rating TrendsRating Trends
    Recommend to a friend
    Approve of CEO
    The Blackstone Group Chairman, CEO, and Co-Founder Stephen A. Schwarzman
    Stephen A. Schwarzman
    90 Ratings

    147 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. "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

      Lot of responsibility at young age

      Cons

      Have to wear ties to work

    2. Helpful (2)

      "Associate"

      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

      I have been working at The Blackstone Group full-time

      Pros

      Smart employees, large company with broad scope in the industry, competitive pay

      Cons

      Last 2 years has moved to a 'more with less model', no real sense that leadership cares for their employees, few minorities and women in senior leadership

      3. Join the The Blackstone Group team
      See Our Latest Jobs

    3. Helpful (1)

      "High Functioning Organization, Great Place to Learn but Beware of Culture"

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

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

      Pros

      Great place to learn, especially early in your career. The firm has a small firm, entrepreneurial feel, which is a unique cultural point for BX. Thus, you get a lot of exposure to senior people and you can see the impact of your work (if you're on the investment, portfolio operations, or IRBD side of things - not sure about back office).

      Cons

      Culture is very team-specific, so do your due diligence. People can be passive aggressive or just plain aggressive.
      There's a lack of focus on training mid-level (VP and above) employees and there is a pretty wide array of competency in managers, from a pure managerial perspective.
      Also beware of growth trajectory of different business lines/business units and how the business unit has been doing.

      Advice to Management

      Focus on talent development and aligning compensation and promotions with people who are culture carriers, not just people who drive the top line.
      Really focus on diversity recruitment at all levels and female retention at senior levels.

    4. Helpful (1)

      "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.

    5. Helpful (1)

      "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

    6. Helpful (3)

      "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.

    7. Helpful (2)

      "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.

    8. Helpful (2)

      "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

    9. "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!

    10. Helpful (3)

      "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

    Showing 147 of 172 reviews
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