The Blackstone Group Reviews | Glassdoor

The Blackstone Group Reviews

Updated January 30, 2017
19 reviews

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3.0
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The Blackstone Group Chairman, CEO, and Co-Founder Stephen A. Schwarzman
Stephen A. Schwarzman
11 Ratings

19 Employee Reviews

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Pros
  • Very Smart people in the company (in 12 reviews)

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

Cons
  • Tough work life balance with very long hours (in 30 reviews)

  • Long Hours, Tough Work Life Balance, Limited Vacation (in 14 reviews)

More Pros and Cons

  1. "What happened to pay?"

    Star Star Star Star Star
    • 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


  2. "Analyst"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at The Blackstone Group full-time

    Pros

    Interesting projects and generally smart colleagues.

    Cons

    Very intense at times, not much emphasis on training.


  3. "Finance Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President in New York, NY
    Current Employee - Assistant Vice President in New York, NY
    Doesn't Recommend
    Positive Outlook

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

    Pros

    Great opportunity to expand knowledge and network with seasoned professionals. Compensation is generally rewarding, in particular year-end bonuses. Standard benefits, 401(k), FSA, PTO, etc.

    Cons

    Culture is demanding and long hours are required. It is not unheard of to receive work emails/phone calls on the weekends or to work on holidays. Senior management could do a better job fostering teamwork and supporting personal goals. Can work your way to VP level but must fit a certain mold and be popular and well liked on all levels of the food chain.

    Advice to Management

    Provide better support and mentoring to junior employees.


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  5. "blackstone"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    smart colleagues
    work is interesting most of the time

    Cons

    hours are long
    hierarchy - long path for career advancement

    Advice to Management

    senior and junior level people are great, but midlevel people are subpar


  6. "Assistant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at The Blackstone Group full-time (More than 5 years)

    Pros

    Flexibility exists depending on who you support-- quality of life is definitely possible. Benefits are pretty good.

    Cons

    Difficult for assistants to move up the rank, away from the "support" role; need to hire from within more.


  7. Helpful (2)

    "Fund Accounting"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Great Name, Nice People, Good Bonuses

    Cons

    Huge Company to get lost in


  8. Helpful (3)

    "Back office"

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

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

    Pros

    down to earth people here
    Competitive salary

    Cons

    hard to move up
    Office politics
    No proper training

    Advice to Management

    need to foster growth with developmental programs


  9. Helpful (4)

    "Not satisfied"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in New York, NY
    Current Employee - Manager in New York, NY
    Neutral Outlook
    Approves of CEO

    Pros

    Growing fast. Good salary. Lots of opportunity if you work for the right person. Big name. Embrace technology

    Cons

    Lots of politics. No opportunity for some. Ok benefits. Lack of work life balance. Infighting between groups.

    Advice to Management

    Learn to listen and manage employees better


  10. "It was nice, good customer service skills about the employees. The boss is fair and pro. Very good compagny."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    Pros

    Learning, learning, learning, training yourself, earning confidence, getting a good knowledge abt The compagnies in NJ.

    Cons

    Getting his overtime, due,... payed !

    Advice to Management

    You are pro, be fair and honest to your employees and they will stay on duty.


  11. Helpful (2)

    "Intern"

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

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

    Pros

    work with really intelligent and hardworking people with other major investment firm background. people are really trying to make this place more pleasant to work at this very fast paced and sometimes stressful environment which is really amazing.

    Cons

    hours could sometimes run really long, but is the nature of this industry. very fast-paced and challenging work. if you don't know what you are doing. you could get frustrated easily.



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