Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $1.1 trillion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X, and Instagram.

Business Description:

Blackstone’s Operating Team partners with companies to create purposeful, valuable, growth-oriented businesses. Blackstone’s portfolio spans 230+ companies with approximately 700k+ employees around the world. This platform provides unique insights, connections, experience, and opportunities across its portfolio companies, creating a powerful flywheel effect. Blackstone backs leading, innovative businesses across sectors and geographies, creating a differentiated, supportive, and valuable ecosystem for leaders across the portfolio. The breadth and quality of the portfolio provides valuable touchpoints, learnings, and business opportunities for its executives as they grow their businesses. Blackstone’s Operating Team — along with an experienced advisor community — is a team of efficient and adaptable operating executives with expertise across all aspects of an enterprise. As partners to Blackstone’s portfolio companies, we provide empathy and experience as we help our companies create and accelerate value.

We believe that great deals begin with great talent and teams. Our Talent and Organizational Performance team serves as the conduit between Blackstone deal team professionals and our portfolio company executive teams advising on the most critical people and organizational issues.

Job Description:

The Compensation Vice President will support the development and administration of compensation programs across the portfolio, ensuring alignment with organizational goals and market standards. This also involves compiling and analyzing compensation data and providing recommendations to enhance employee engagement and retention while increasing business performance.

Key responsibilities include:

• Equity Program Management: Assist in the design, implementation, and administration of equity compensation programs across the portfolio, ensuring alignment with company goals; develop illustrative tools, models, analytics, playbooks, and communication templates; recommend technology solutions for more efficient administration.
• Internal Benchmarking: Maintain an internal database of executive compensation practices across portfolio companies including cash compensation and management equity program designs, equity allocations, and performance metrics.
• External Benchmarking: Conduct executive compensation benchmarking studies with third-party compensation consultants to ensure that portfolio companies offer competitive pay structures, analyzing market trends and data to inform compensation strategies; adjust strategies based on findings to attract and retain top leadership talent.
• Recommendations and Support: Provide various stakeholders with real-time executive compensation benchmarks to support ongoing executive searches and compensation needs; work closely with deal teams during acquisitions to assess compensation structures and needs.
• Training and Education: Offer training and resources to internal stakeholders and portfolio companies on best practices in compensation management.

Qualifications:

While the bar is high to join, the learning and professional development opportunities are boundless. Blackstone seeks to hire individuals who work well in a team-driven environment, are highly motivated and results driven, work hard and smart, have sound judgment and who have demonstrated excellence in prior endeavors.

Critical qualifications and experience for this role will include:

Compensation Experience: 3+ years of hands-on experience building and delivering compensation and incentive strategies across privately owned, progressive global companies or portfolios; experience with transitions to public company compensation plans (i.e., IPOs) is preferred.

Functional Expertise: An understanding of pay practice benchmarking, cash incentive design, long-term incentive design, economic sharing ratios, and their link to the investment thesis.

Market and Best Practice Awareness: Understanding of labor market trends and evolution of compensation structures for both leadership and all employees.

Compensation Consultant Partnerships: Experience working directly with third-party compensation consultants (i.e., comp committee advisors) and survey data.

Champion: Passion and appreciation for the impact that properly designed compensation programs can have on organizations, people, and other stakeholders.

In addition to the above, the successful candidate must meet the following additional qualifications:

Self-starter, results driven, attention to details, business acumen, leadership skills, team player, persuasive, analytical problem solver; client focused, value driven, adaptable, strong judgement, objective collaborator and strong communicator; proficiency with Microsoft Excel and PowerPoint.

A bachelor’s degree in human resource management, business administration or equivalent is required; Advanced degree preferred.

The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position. Assignments, duties, and responsibilities may be changed at any time, with or without notice, by Blackstone in its sole discretion.

Expected annual base salary range:

Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications and job location. For roles located outside of the US, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables.

Additional compensation: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.

Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training. All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy.

If you need a reasonable accommodation to complete your application, please email Human Resources at HR-Recruiting-Americas@Blackstone.com.

Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following:

• Attending client meetings where you are discussing Blackstone products and/or and client questions;

• Marketing Blackstone funds to new or existing clients;

• Supervising or training securities licensed employees;

• Structuring or creating Blackstone funds/products; and

• Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials.

Note: The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis. Please speak with your Blackstone Recruiting contact with any questions.

To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.