Alvarez & Marsal

www.alvarezandmarsal.com
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Alvarez & Marsal Reviews in New York City, NY

Updated March 2, 2015
Updated March 2, 2015
5 Reviews
4.0
5 Reviews
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Alvarez & Marsal Co-Founders & Co-CEOs Tony Alvarez II & Bryan P. Marsal
Tony Alvarez II & Bryan P. Marsal
5 Ratings

Review Highlights

Pros
  • Expertise, work-life balance, cases are pretty interesting (in 6 reviews)

  • Great compensation and smart people (in 8 reviews)


Cons
  • Work life balance is not great when you're on an an engagement (in 7 reviews)

  • 100% travel and very long hours (defined clearly going in) - just takes a toll on family life (in 6 reviews)

More Highlights

5 Employee Reviews Back to all Reviews

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  1.  

    Above-average compensation for my field, non-bureaucratic culture, very collaborative environment

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

    I have been working at Alvarez & Marsal

    Pros

    A&M has, as one CEO said, "a healthy disregard for bureacracy." This is woven into its culture, and it is a refreshing change from most corporate environments this size. Although there is a clear hierarchical structure, there is also, paradoxically, a "flat feeling" to it all - a shared ownership model that gives each employee respect and equitable relations with peers.

    The company also offers solid compensation. In my department, the salaries are significantly higher than they are for similar positions in the same industry at other companies, in my experience.

    A third positive is the level of collaboration. Our department is definitely an example of "the whole being greater than the sum of its parts." Innovation, entrepreneurial spirit, and friendly competition exist - but these are well balanced against a cooperative and collaborative ethos. Micromanagers and bureaucrats seem to have a tough time here.

    Cons

    Every plus can, when pushed too far, become a negative. That "healthy disregard for bureacracy" takes some getting used to, as one witnesses projects materialize in rather unorthodox, sometimes even whimsical, ways. This can be off-putting for someone who cannot function without process and protocol.

    There is also a tacit expectation to always sort of be "on", plugged in. You are issued a Blackberry, and laptop on Day One. And there is sort of an unspoken expectation that you will check your emails and keep your phone powered up on weekends, personal days off and vacations. But this isn't super-strict, and the anti-bureaucratic culture serves as a check against this to a degree.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Senior Director

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

    I have been working at Alvarez & Marsal full-time (more than 5 years)

    Pros

    Lots of growth and opportunity.

    Cons

    Growing pains- less structure which is positive and negative.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Self Managed and Disciplined

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

    I have been working at Alvarez & Marsal full-time (more than 3 years)

    Pros

    Staff are expected to be fully self-managed and able to conduct the firm's business in front of client's at all levels. Being "technical" is not frowned upon, but embraced at all levels in the firm.

    Cons

    The compensation model doesn't accomdate for years where billable collections do not exceed the salary threshold to qualify for bonus.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Good work environment, highly competitive

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

    I worked at Alvarez & Marsal full-time (more than a year)

    Pros

    Good staff, highly trained and competent. Business was up and down when I was there, but could be very busy at times. Potential to advance and make good money if you do a great job.

    Cons

    Highly competitive environment for staff and employees. Could see potential for people trying to be too competitive over getting jobs and credit.

    Advice to ManagementAdvice

    Understand the thoughts of employees and work to maintain a positive environment. Offer more and better opportunities to grow through more training/classes.

    Positive Outlook
    Approves of CEO
  6. 3 people found this helpful  

    Mixed

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

    I worked at Alvarez & Marsal

    Pros

    Excellent network of bright professionals throughout the firm's national offices.
    Recognition in the workplace due to engagement in high profile client matters.
    Potential for total compensation is unlimited.

    Cons

    Culture is inconsistent throughout various business groups.
    Less supportive of a healthy work/life balance (depending on business group).
    Lack of information sharing.

    Advice to ManagementAdvice

    Development of staff and management should be a higher priority as the firm appears to be top heavy in some divisions.

    Approves of CEO

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