AlixPartners Reviews

Updated March 3, 2015
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3.8
53 Reviews
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AlixPartners Chief Executive Officer Fred Crawford
Fred Crawford
20 Ratings

Pros
  • Great place to go to work on high impact situations (in 3 reviews)

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

Employee 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. Boutique to Large Scale

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

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

    Pros

    Entrepreneurial for a consulting company, many degrees of freedom to operate, does actually seek to implement and get the results. Focused on results not slides.

    Cons

    Lacks the systems and support structure (including analysts and associates) of a typical consultancy so some projects get stretched on workload and senior people needing to work at all levels.

    Advice to ManagementAdvice

    Try to move to more of a partnership mentality and ownership structure. Even with PE partners can increase ownership of professionals in the business.

    Recommends
    Neutral Outlook
    No opinion of CEO
  3. Good Company ... if you're senior (above VP)

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

    I have been working at AlixPartners full-time (more than 3 years)

    Pros

    - High Exposure to Management
    - Challenging Assignments
    - Bright people (lots of former C-level)
    - Good bonus
    - Excellent travel Perks (e.g. AmEx Platinum Card)
    - Trusted Advisor in the industry

    Cons

    - No career plan/training for junior people
    - Salary raise stuck at inflation rate
    - Undersized Human Resources
    - Very undersized Immigration Services

    Advice to ManagementAdvice

    Invest more in support (Training, HR, Immigration Services)

    Recommends
    Positive Outlook
    Approves of CEO
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  5. AlixPartners Review

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

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

    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 ManagementAdvice

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

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6. Fast paced

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

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

    Pros

    Lots of opportunity to learn and get staffed on various types of engagements.

    Cons

    Stressful environment and unpredictable schedule.

    Recommends
    Positive Outlook
  7. 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
  8. Fast-paced work that actually delivers change

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

    I have been working at AlixPartners full-time

    Pros

    A relentless focus on the dollars and management of companies; Working exclusively with the C-suite and Board rather than consulting to middle management.

    Cons

    100% travel can erode work/life balance

    Recommends
    Positive Outlook
    Approves of CEO
  9. 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
  10. 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
  11. 1 person found this helpful

    Gentleman's club with little diversity and harsh culture

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

    I worked at AlixPartners

    Pros

    - decent pay and benefit
    - close interaction with senior management
    - good project delivery can be competitive to MBB
    - some people are top and well established in the industry

    Cons

    - gentlemen's club culture; corporate value is very outdated, even though they pretend to be cool
    - politics can be very serious; they fire people easily
    - all arrogant white male; in some project, team work is a joke
    - they like talking about knowledge accumulation, but it's mostly people who don't really read or think innovatively copy and paste from other consulting reports

    Advice to ManagementAdvice

    be intelligent, be caring, be diverse

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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