AlixPartners
3.7 of 5 31 reviews
www.alixpartners.com Southfield, MI 1000 to 5000 Employees

AlixPartners Reviews

All Employees Current Employees Only

3.7 31 reviews

                             

57% Approve of the CEO

AlixPartners Chief Executive Officer Fred Crawford

Fred Crawford

(7 ratings)

84% of employees recommend this company to a friend
10 Employee Reviews Back to all reviews
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1 person found this helpful  

Turnaround & Restructuring Services

Director (Former Employee)
Chicago, IL

I worked at AlixPartners full-time for more than 8 years

ProsThe firm has a great reputation in the industry. The client delivery people are very good. Good place to start your career in restructuring.

ConsThere is very little room for advancement beyond the director level and there are a lot of director level employees. Interim management opportunities primarily go to managing directors.

Yes, I would recommend this company to a friend

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Good place to work but overgrown.

Anonymous Employee (Former Employee)
Dallas, TX

I worked at AlixPartners

ProsSmart people. Interesting engagements with opportunities to work on high profile cases. Good benefits and sense of family. Results oriented.

ConsLack of direction within the firm. Lack of career guidance particularly at senior levels. Spotty communications.

Yes, I would recommend this company to a friend

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Contract Position to Permanent

Associate (Current Employee)
Dallas, TX

I have been working at AlixPartners

ProsVery flexible with time off and personal matters.
Excellent contract rates.
Very independent work environment, little micro-managing.
Great, respectful management.

ConsTransition from contract to permanent position is brutal.
Little to no feedback about what to expect regarding contract.
Rate is drastically cut from contract to permanent position.
Earned bonus program is poorly structured - you actually get paid less as you work more.
Will bring you contract at a different title, then bump you down once you "convert" over to permanent.

Advice to Senior ManagementDon't string along contract employees after you put them through the stringent tests. If they meet all the psychological/IQ testing criteria, you should know that those type of employees do not want to have their careers strung along.

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Generally good

Vice President (Current Employee)
Chicago, IL

I have been working at AlixPartners

ProsCompetitive salary, interesting projects, decent bonuses

ConsLost some of the friendly culture as the firm has grown

Advice to Senior ManagementDont go public

Yes, I would recommend this company to a friend

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Great place to work if you want to be in consulting

Director (Current Employee)

I have been working at AlixPartners full-time for more than 8 years

ProsGreat place to go to work on high impact situations.
Very interesting client work.

ConsThe travel is tough on work/life balance

Yes, I would recommend this company to a friend

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Very entrepreneurial company, very fast pace, everyone is friendly but busy, lots of road warriors at client sites.

Anonymous Employee (Former Employee)

I worked at AlixPartners

ProsSmaller companies offer great learning opportunities so I really expanded my skills and experience.

ConsAdministrative "back office" staff is always second fiddle to client facing staff, which is likely true at most consulting firms, so it's tough to build a business case for change.

Yes, I would recommend this company to a friend

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A great place to work on important problems, but demands a high degree of self-reliance from its employees

Anonymous Employee (Current Employee)

I have been working at AlixPartners

Pros1) Work on very interesting, challenging and important client issues and cases
2) Work with some of the premier organizations in the world - financial institutions, investors. law firms, and other professionals
3) Colleagues within AlixPartners are highly capable individuals, and generally good team players as well as strong individual contributors
4) Entrepreneurial environment encourages staff consultants to grow their own business
5) Lack of rigidity - boundaries are fluid and individuals have latitude to define roles and pursue their interests within the overall construct of the Firm's practices
5) Lack of bureaucracy

Cons1) Firm lacks some of the supporting infrastructure of larger competitors, which places somewhat more burden on the individual in developing business
2) Low leverage model sometimes results in senior consultants doing work that would be more appropriate to junior consultants in a high leverage model
3) High hurdle to becoming a partner means that many senior directors within the company are likely to remain so

Yes, I would recommend this company to a friend

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Great experience up until you're ready to make Managing Director

Director (Former Employee)

I worked at AlixPartners

Pros- Great colleagues; senior consultants hail from McKinsey, AT Kearney, and Booz
- Collegial culture with minimal politics
- Highly accessible partners; I can call the head of EI or CEO at any time and they'll actually talk to me
- Distressed clientele makes for high pressure, interesting, and relevant work
- No micromanagement; small, senior teams means you are on your own from Day 1
- No up or out unless you're a poor performer; you can be a career Director
- Earned bonus model means the more hours you bill, the more money you make

Cons- Very difficult to make partner as the hurdle is set at having established your own book of business (almost all current partners were established at other firms prior to joining Alix)
- National staffing model means you're always on the road
- Distressed clients requires 5 days on site

Advice to Senior ManagementPlace emphasis on actively grooming Directors to be Managing Directors, or else they will keep leaving for other opportunities.

Yes, I would recommend this company to a friend

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Great employees = great work = great clients = great referrals = more great employees

Director (Former Employee)

I worked at AlixPartners

ProsAlixPartners only hires the best of the best and even those have to pass a rigorous test. As a result, the professionals at the firm are not only smart, but engaging and well-rounded. They do well under pressure, but also enjoy collaborating. The clients and cases the firm is involved with are typically crisis driven and provide a great professional challenge. As a result, the firm is personally and professionally challenging and rewarding.

ConsBecause the nature of the work is time critical and often crisis driven, and AlixPartners employees inherently strive towards success, often times there is no delineation between work life and personal life. The firm rewards you monetarily for the sacrifices, but at some point, the extra money may not be worth the sacrifice.

Advice to Senior ManagementConsider being more transparent in promotion and salary criteria. The employees at the firm are generally Type A and want to know what it takes to get an A+. Also, keep track of the amount of travel and overtime people are working and be proactive to prevent burnout. At some point, the travel and hours just aren't sustainable physically or without jeopardizing important personal relationships.

Yes, I would recommend this company to a friend

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AlixPartners

Anonymous Employee (Current Employee)

I have been working at AlixPartners

ProsOutstanding benefits, very good mentoring programs.

ConsThere is a serious need for much more diversity.

Advice to Senior ManagementDiverisity workshops should be added. These workshops should be designed to train employees how to deal with fellow workers.

Yes, I would recommend this company to a friend

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AlixPartners – Why Work for Us?

AlixPartners is a leading global business advisory firm of results-oriented professionals who specialize in creating value and restoring performance at every stage of the business life cycle. We thrive on our ability to… Full Overview

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Glassdoor is your free inside look at AlixPartners reviews and ratings — including employee satisfaction and approval rating for AlixPartners CEO Fred Crawford. All 10 reviews posted anonymously by AlixPartners employees.