AlixPartners Reviews

Updated July 16, 2015
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AlixPartners Chief Executive Officer Fred Crawford
Fred Crawford
2 Ratings

Pros
  • Working with some of the most interesting high profile operational and financial turnaround and restructuring situations worldwide (in 4 reviews)

  • Good place to start your career in restructuring (in 3 reviews)

Cons
  • 100% travel can erode work/life balance (in 10 reviews)

  • Lack of direction and support from management (in 3 reviews)

More Pros and Cons

8 Employee Reviews

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  1. Live to work not work to live.

    Former Employee - Senior Database Administrator in South Chicago Heights, IL
    Former Employee - Senior Database Administrator in South Chicago Heights, IL

    I worked at AlixPartners full-time (Less than a year)

    Pros

    Competitive salary, great bonuses, company trip to Vegas, great benefits, environment full of bright individuals.

    Cons

    Hours were ridiculous, 60-80 a week. Expected to work from home after normal work hours almost daily and on weekends to bend to clients' last second demands. Automation in their infrastructure was pretty much non existent.


  2. AlixPartners Review

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

    I worked at AlixPartners full-time (More than 5 years)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Well known in the industry. Exposure to high profile clients. High level of client interaction. Receive ownership for work and control work stream.

    Cons

    Poor compensation and benefits compared to competitors. Many legacy senior staff that provide little to no value and do everything to protect their positions, including not accepting responsibility for any shortcomings. Top level heavy, which creates limited advancement opportunities. No formal training. Performance evaluations tend to be based on favoritism, not actual work related performance.

    Advice to Management

    Allow upward feedback of senior staff and replace underperformers. Increase compensation and benefits to be competitive with the market.


  3. Helpful (2)

    Old Boys Club Mentality

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

    I have been working at AlixPartners full-time

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Good reputation. Presence of world class industry leaders drives performance. The work is challenging and demanding - but in a way that pushes you forward. No matter how senior an MD or other leader may be, they are willing to roll up their sleeves and dig into the work to get the job done.

    Cons

    Lack of defined expectations/development plan, leadership is not transparent, raises/promotions aren't common for women and there is no such thing as work/life balance. The culture is abrasive and leadership lacks understanding of employee needs. If you aren't the type to chum it up with the boys then your career will be short lived at AlixPartners. Favoritism is rampant and top contributors are often overlooked because of it. Institutionalized sexism is strong.

    Advice to Management

    A good reputation can only carry a company so far.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (4)

    Company has not managed it's growing headcount well

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

    I have been working at AlixPartners full-time (More than a year)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    The company pays very well and there are a number of nice perks. The kitchens are stocked with soda and snacks. Employees technical needs are well taken care of and internal tech support is the best I've experienced.

    Cons

    Consultants have a very high opinion of themselves, behave rudely, and don't work well together as a team. There is a lot of unethical behavior occurring. Going out for expensive dinners with several bottles of wine and cocktails and charging it all to the customer seems to be the norm.

    Advice to Management

    The company needs to grow up.


  6. Helpful (6)

    I have been working at AlixPartners

    Pros

    Pros...pay for overtime and better than average bonuses. Alixpartners does a decent job for a firm its size.

    Cons

    3 major challenges: 1. Senior leadership model embraces a stoggy old school mentality. Leadership appears extremely inflexible when it comes to change. This is a direct contradiction to the firm's most rudimentary principle. 2. The lack of diversity, especially in leadership. Top two levels of Leadership is comprised mostly of white men. 3. Alter the assessment & testing phase to incorporate the employee of 2104. Most people don't have 6-8 weeks to interview for a position.

    Advice to Management

    Broaden your employee and leadership base and the clients will soon follow.


  7. Helpful (6)

    Good for some, bad for most"

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in New York, NY
    Former Employee - Vice President in New York, NY

    I worked at AlixPartners full-time

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    1. Free Snacks 2. Free Food 3. Computer equipment 4. Corporate Amex Platinum - with that comes great perks when traveling

    Cons

    1. No one team atmosphere, every practice operates differently. 2. Annual review is a complete joke, you can have a stellar year but if you are not buddy buddy with an MD. Forget about the promotion 3. Boy's club atmosphere 4. Work/Life balance doesn't exist

    Advice to Management

    Go back to the values that Mr. Jay Alix believed in and make it a great company. Have a real formal process to review employee performance. Have an upward feedback program.


  8. Which hat am I wearing today?

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

    I have been working at AlixPartners full-time

    Doesn't Recommend
    Positive Outlook
    Doesn't Recommend
    Positive Outlook

    Pros

    Lots of opportunity to work with big names at a high level

    Cons

    The deliverable is the ONLY thing that matters


  9. Helpful (2)

    N/A

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in London, England (UK)
    Current Employee - Vice President in London, England (UK)

    I have been working at AlixPartners

    No opinion of CEO
    No opinion of CEO

    Pros

    Good comp package and team 'on the ground' are good to work with

    Cons

    Lack of direction and support from management

    Advice to Management

    N/A



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