The Blackstone Group Reviews | Glassdoor

The Blackstone Group Reviews

Updated September 17, 2017
23 reviews

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

23 Employee Reviews

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Pros
  • Very Smart people in the company (in 15 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. "Assistant Vice-President"

    StarStarStarStarStar
    • 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
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Good pay, good people, good learning experience

    Cons

    Poor life/work balance; many jobs being moved to India

    Advice to Management

    Be mindful of losing good talent to save a few bucks.


  2. "Lead SHC"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Anonymous Contractor
    Former Contractor - Anonymous Contractor

    I worked at The Blackstone Group as a contractor

    Pros

    Laid back environment, clients easy to work with.

    Cons

    No room for growth, pay sucks, outrageous expectations.

    Advice to Management

    Pay your worker more. Trust in your staff more.

  3. "Was Okay"

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

    I worked at The Blackstone Group as an intern

    Pros

    The name blackstone gets you place

    Cons

    The culture is too uptight.

    Advice to Management

    More freedom to lower management?


  4. "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


  5. "Analyst"

    StarStarStarStarStar
    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.


  6. Helpful (2)

    "Finance Manager"

    StarStarStarStarStar
    • 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.


  7. "blackstone"

    StarStarStarStarStar
    • 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

  8. "Assistant"

    StarStarStarStarStar
    • 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.


  9. Helpful (2)

    "Fund Accounting"

    StarStarStarStarStar
    • 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


  10. Helpful (3)

    "Back office"

    StarStarStarStarStar
    • 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


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