AlixPartners Reviews

Updated June 29, 2015
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3.6
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AlixPartners Chief Executive Officer Fred Crawford
Fred Crawford
23 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

63 Employee Reviews

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  1. Helpful (3)

    Avoid unless for lack of options

    • 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 (More than 3 years)

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

    Pros

    Higher pay than what you might get from a competitor as there’s not much else AlixPartners can offer to recruit to tier candidates

    Cons

    Whether you’re an experienced professional looking to make a move, or a fresh grad looking to start a new career, avoid AixPartners save you have no other options. I was recruited out of a top tier big 4 and was sold on a promise of a better working environment, greater autonomy, wider engagement selection, etc. AlixPartners has failed to deliver in almost every regard. At best, it is a third tier consulting firm and offers no real advantages over its higher tiered competitors. Contrary to its marketing material, the firm’s sole goal is to produce a higher volume of billable hours rather than quality client service. Utilization rules the day, and opportunities to move, laterally or vertically, are extremely limited due to the small nature of the firm. Alix however does not offer any advantage that you’d expect from a smaller firm, indeed the level of bureaucracy found here is comparable to a municipal agency. If you have an offer from one of the higher tiered firms, you’d do your career a no small favor by passing on AlixPartners.


  2. Not a good Company to work for if your an Admin

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England (UK)
    Former Employee - Anonymous Employee in London, England (UK)

    I worked at AlixPartners full-time

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

    Pros

    higher Salary than other companies
    Good staff parties
    Some opportunity to travel

    Cons

    Lots of bullying goes on, people allowed to get away with it as "that's what they are like"

    Have to be in with the right people to get any career advance

    Will get rid of you in a heartbeat if your face no longer fits irrespective of how long you've worked there or how many hours you've put in.

    Expected to work at all times of the day irrespective of personal commitments, including dropping everything and working through the night for no additional compensation / time off

    Administrative staff treated like lower workers and Directors allowed to get away with being abusive towards them

    Consultants will blatantly lie in order to make themselves look better

    Advice to Management

    Actually listen to the Admin staff instead of just the Consultants, it's the Admin staff that keep this company operating smoothly.

    don't allow a manager dictate the career path of the people working under them and then argue with them when that person states it's not the direction they want to take their career


  3. Helpful (1)

    Overpriced and underexperienced

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President - Consultant in Fremont, CA
    Former Employee - Vice President - Consultant in Fremont, CA

    I worked at AlixPartners

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

    Pros

    High salaries for early career individuals with relatively little working knowledge and even higher wages for mid to late career individuals with no experience other than consulting

    Cons

    High salaries for early career individuals with relatively little working knowledge and even higher wages for mid to late career individuals with no experience other than consulting -- There is little evidence that this firm can actually justify their cost.

    Advice to Management

    Hire some MD's that actually know something other than selling and stop relying on 20 and 30-somethings to do most of the work. Finally, stop making unrealistic promises to perspective clients and never coming close to attainment.


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  5. Helpful (1)

    Gentleman's club with little diversity and harsh culture

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

    I worked at AlixPartners

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

    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 Management

    be intelligent, be caring, be diverse


  6. Helpful (1)

    mercenary

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Managing Director
    Former Employee - Managing Director

    I worked at AlixPartners

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

    Pros

    independence
    team competence
    brand name
    great industry connections
    firm outings

    Cons

    mercenary
    lack of comradeship
    highly political compensation

    Advice to Management

    grow a supportive firm culture


  7. 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.


  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)

    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.


  10. 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.


  11. 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.



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