AlixPartners

  www.alixpartners.com
  www.alixpartners.com
There are newer employer reviews for AlixPartners

4 people found this helpful  

Overall it's a good firm. Join if you're a senior professional, stay away if you're a junior person and want to grow.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Associate in Detroit, MI
Former Employee - Associate in Detroit, MI

I worked at AlixPartners

Pros

Compensation and benefits are probably the best in the consulting world. It is hard to imagine something better. Base salary is a tad lower than other consulting firms, but the comp structure is variable, so when you put in those long hours on a project, you're rewarded immediately. This is not discretionary, there is a formula for that.
Benefits are fully covered by the firm.
Work hours are flexible and they are respectful of needed/booked time off.

Cons

Career advancement is way slower than in other firms. You could be a partner at other firm and still be a VP/manager leve al AlixPartners.
Bonuses and promotions are huge black boxes: communication on how they are calculated is non existant.

Advice to ManagementAdvice

Keep hiring good people, but pay more attention to the professionals you already have in house. Many people are leaving because they don't feel appreciated enough.

No opinion of CEO

46 Other Employee Reviews for AlixPartners (View Most Recent)

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  1.  

    Wonderful firm

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

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

    Pros

    1. Amazingly challenging projects
    2. Very high level of autonomy
    3. Extremely smart and driven colleagues
    4. Everyone always expects the best,l which drives everyone to work at the maximum level
    5. Great compensation and attractive benefits
    6. The Perks. Meals, events, bonuses, conferences. AlixPartners treats their employees well
    7. Work hard, play hard.

    Cons

    1. Lack of direction. You are in charge of your own career. If you do not make an conscious, constant effort to self-promote and network, you will be lost in the shadows. Sometimes it can be impossible to know where you're headed.

    2. Lots of plans and lots of talk however until whatever you've been promised actually happens, don't believe it for a second. This applies to promotions, staffing , length of time on an engagement, etc.

    3. Unbelievably high expectations and relentless working hours

    4. Often feels like a bunch of small specialised teams rather than a cohesive company. A bit decentralized.

    Advice to ManagementAdvice

    Need to focus more on career development. Keep the culture the same while growing the firm.

    Approves of CEO
  2. 1 person found this helpful  

    Fantastic Place for Making a Real Difference in High Impact Operational and Financial Restructuring Situations

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

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

    Pros

    Working with some of the most interesting high profile operational and financial turnaround and restructuring situations worldwide
    Extremely high calibre of people with good mix of professional services and real-life experience
    Small experienced teams of people who can do the job and deliver the results
    Complete focus on doing the right thing and delivering value to the client
    Excellent reputation with previous clients and very high degree of repeat clients
    Strong presence across PE sector and increasingly in large Global corporates
    Excellent career development opportunities and compensation package

    Cons

    Great place for career development, but you need to take ownership of your career development
    Lots of travel and work/life balance

    Advice to ManagementAdvice

    Continue the on-going communication regarding overall strategy and direction for the firm
    Keep up the good work

    Recommends
    Positive Outlook
    Approves of CEO
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