Global Compensation Management, VP
Blackstone is the world’s largest alternative asset manager, delivering compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. With over $1.3 trillion in assets under management, Blackstone’s global investment strategies span real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries, and hedge funds.
About the role
The Vice President, Global Compensation Management (GCM) will assist in the development, implementation, and administration of a full range of compensation programs. Reporting directly to the Global Head of Compensation Management in the Strategic Incentives Group, this role supports Blackstone’s Investment businesses by providing strategic guidance on pay decisions, policy, and creative compensation solutions. The position also manages market surveys, year-end processes, and other compensation projects in partnership with HR Business Partners.
Responsibilities
- Provide strategic direction, planning, and guidance to execute the design, implementation, communication, and administration of Blackstone Investment Professional’s compensation programs.
- Deliver solutions aligned with Blackstone's compensation philosophy, business needs, and federal/state regulations.
- Ensure compensation is competitive with the marketplace while maintaining internal equity, fairness, and cost stewardship.
- Ensure compliance and consistency with U.S. and global policies, procedures, and processes.
- Manage market benchmarking, data analysis, and presentation of findings and recommendations.
- Lead the annual compensation planning process for employees in collaboration with the business and HR teams.
- Prepare compensation analyses and manage various compensation projects in support of the business.
Requirements
- Bachelor's degree from an accredited institution; focus in Business Administration or Finance preferred.
- 8+ years of progressive compensation experience.
- Extensive experience with multiple rewards and recognition programs.
- Strong business and/or financial background with robust analytical skills, using both qualitative and quantitative data.
- Comprehensive understanding of compensation practices, programs, and plans.
- Knowledge of federal and state laws and regulations relating to compensation (e.g., FLSA and DOL).
- Proficiency in Microsoft Excel, PowerPoint, Word, and Office.
- Consultative and collaborative approach with strong process and project management skills.
- Excellent verbal and written communication skills; ability to interact effectively with professionals at all levels.
- Compensation certification (CCP) or PHR/SPHR highly desired.
Pay
Expected annual base salary range: $170,000 – $225,000. Actual base salary will be determined by experience, skills, qualifications, and job location. For roles outside the U.S., compensation will follow a separate process based on local market comparables.
Benefits
- Comprehensive health benefits, including medical, dental, vision, and FSA.
- Paid time off.
- Life insurance.
- 401(k) plan.
- Discretionary bonuses.
- Eligibility for equity and other incentive compensation at Blackstone’s discretion.