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. 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    - gentlemen's club culture; corporate value is very outdated, even though they pretend to be cool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
  2. 1 person found this helpful

    mercenary

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

    I worked at AlixPartners

    Pros

    independence
    team competence
    brand name
    great industry connections
    firm outings

    Cons

    mercenary
    lack of comradeship
    highly political compensation

    Advice to ManagementAdvice

    grow a supportive firm culture

    Doesn't Recommend
    No opinion of CEO
  3. 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
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  5. Which hat am I wearing today?

    • 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

    Lots of opportunity to work with big names at a high level

    Cons

    The deliverable is the ONLY thing that matters

    Doesn't Recommend
    Positive Outlook
  6. Old Boys Club Mentality

    • 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

    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 ManagementAdvice

    A good reputation can only carry a company so far.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7. 4 people found this helpful

    Company has not managed it's growing headcount well

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

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

    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 ManagementAdvice

    The company needs to grow up.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8. 5 people found this helpful

    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 ManagementAdvice

    Broaden your employee and leadership base and the clients will soon follow.

  9. 4 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
  10. 2 people found this helpful

    N/A

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Vice President in London, England (UK)
    Current Employee - Vice President in London, England (UK)

    I have been working at AlixPartners

    Pros

    Good comp package and team 'on the ground' are good to work with

    Cons

    Lack of direction and support from management

    Advice to ManagementAdvice

    N/A

    No opinion of CEO
  11. 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

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