Blackstone in NYC: Culture/Comp/Perks
Obviously a big firm and group dependent, but hopefully someone has a few insights they can share. I've heard it's a stuffy environment (do you still have to wear suit and tie everyday? Zero remote work?), and perks suck (no 401k match or fitness stipend) but this is all second hand so might be outdated/wrong.
Comp: what should senior associates expect to make and when does carry kick in/how much carry do you get?
FT analyst in a group that I spent last summer with.
Lunch: $15 credit but the delivery fee is waved if you order from one of three spots that rotates daily – not too bad imo if you choose that option.
Dinner: $35 credit. Pretty good imo especially if you throw in with other analysts / associates
401(K): Seems to be a 50% match that vests evenly over a five year period – this is really shitty imo.
Coinvest: Not accessible to analysts but heard that capital calls are delayed and that the firm provides MSD leverage – certainly not an expert on this but it sounded pretty good.
Culture: Seems to be pretty group dependent. Some groups that tend to promote internally have stronger cultures than groups that do the two and out routine.
Fitness stipend: none – not great imo
Ride Service: Ride home is comped after 9pm – seems pretty standard from what I’ve heard
When can you order dinner / how late do you have to stay? Is it through seamless only? Anything on weekends?
How strict is the car policy? My fund is honor system under $40 which is pretty nice
Wtf can you buy for $15 after tax and tip? Do you eat McDonald’s everyday?
Black & white Linkedin headshot for you is the best perk there