AlixPartners

www.alixpartners.com

AlixPartners Reviews in New York, NY

Updated January 9, 2015
Updated January 9, 2015
48 Reviews
4.2
48 Reviews
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AlixPartners Chief Executive Officer Fred Crawford
Fred Crawford
19 Ratings

8 Employee Reviews Back to all reviews

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  1.  

    Smart Company.. Smart Employees

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

    I worked at AlixPartners full-time (more than 3 years)

    Pros

    Great smart people, quick fast paced environment, client interaction from the first day for all levels of staff. Low base but compensates for it with overtime.

    Cons

    No formal learning. No handholding. Some of the folks are micromanagers which is why it is important to pick the directors who you will be working for. No choice in the case that you want to work for. NO WORK LIFE BALANCE.

    Advice to ManagementAdvice

    Encourage younger folks to take on a bigger role, give opportunities, have a formal training learning, mentoring program to help develop people.

    Recommends
    Negative Outlook
    Approves of CEO
  2.  

    High impact work for top clients, very strong people

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

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

    Pros

    Interesting assignments
    Strong focus on 'doing', not report writing
    Work directly with engagement leaders
    Competitive pay
    Company values and trusts employees

    Cons

    A lot of travel (if you think that's a con)
    Not much respect for personal time
    Not much formalized prof. development

    Advice to ManagementAdvice

    Be mindful to remain competitive on pay

    Recommends
    Neutral Outlook
  3.  

    Work with the best

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

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

    Pros

    -As many have said before, your team will be the most experienced and smartest people you will ever work with
    -Assigned mentor that may or may not take pride in developing your career
    -Great Perks; Extremely generous benefits
    -High-profile assignments

    Cons

    -Constant traveling
    -Extremely rigid interviewing process
    -Work-life balance isn't a top priority

    Advice to ManagementAdvice

    -Reward those that travel
    -Allow for staffing to be more transparent

    Approves of CEO
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  5.  

    You'll work hard here but worth it - it's a great company

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

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

    Pros

    Work with bright and driven people, challenged on daily basis, good compensation, AP pays 100% of health insurance premiums, good dental and vision too

    Cons

    Travel can be constant if you're in FAS. Life on the road has its pluses (nice meals, nice hotels, frequent flyer points and miles) but living out of a suitcase gets old.

    Advice to ManagementAdvice

    Try to lessen the travel by making the teams larger

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Great Company

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

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

    Pros

    Great to work at a highly respected firm, successful in the market, growing smartly. You get to work on great projects that "Really Matter" (firm mantra) to clients.

    Cons

    Leadership is in evolution and teh firm is growing, there are growing pains in certain areas. But, leadership seems aware and is constantly communicating about programs underway.

    Advice to ManagementAdvice

    Keep speaking to the staff and demonstrate action.

    Recommends
    Positive Outlook
    Approves of CEO
  7. 3 people found this helpful  

    Good for some, bad for most"

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

    I worked at AlixPartners full-time

    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 ManagementAdvice

    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.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  8. 2 people found this helpful  

    Senior teams who minimize PowerPoint and maximize impact

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

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

    Pros

    Great colleagues and work experience. Small enough that it is easy to build an informal network. Bill actual hours so utilization is really high for those who are staffed.

    Cons

    Intense working experience, extremely high expectations, and lots of travel. Never in home office, in fact many consultants don't live anywhere near the office to which they are assigned.

    Recommends
    Positive Outlook
    Approves of CEO
  9. 2 people found this helpful  

    Great plays to work, but with caveats

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

    I have been working at AlixPartners

    Pros

    Great brand name recognition in the relevant industries and market segments; it started out as a turnaround firm but has branched out to other areas, including financial advisory services (FAS). However, at its core it's still a turnaround/restructuring firm; it continues to have excellent brand name recognition in this particular segment. Within FAS the corporate investigation practice also has done well and is growing rapidly. The compensation system is good, particularly one is willing to put in long hours. The firm has very good future prospects and likely to benefit greatly in the recessionary environment where many firms/industries are looking for performance improvement and turnaround services.

    Cons

    Certain practice areas have little work-life balance; poor communication from management. It is extremely turnaround-service centric and the leadership shows little respect or recognition to the accomplishments of other practice areas.

    Advice to ManagementAdvice

    Be more encouraginf of good performance; provide regular feedbacks; open clear communication channels with employees

    Recommends
    No opinion of CEO

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