AlixPartners Reviews | Glassdoor

AlixPartners Reviews

Updated April 20, 2017
13 reviews

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2.0
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Simon Freakley
2 Ratings

13 Employee Reviews

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Pros
  • multiple opportunities and career path possibilities for growth and having impact, supportive teams of very smart people without egos (in 14 reviews)

  • You get to work with a great group of people on interesting, high-profile projects (in 7 reviews)

Cons
  • Work/Life balance - I'm not sure its more imbalanced than any other top consulting firm (in 24 reviews)

  • The managing directors oversell the competencies of employees and behave like spoiled teenagers when things don't go as they had promised to clients (in 7 reviews)

More Pros and Cons

  1. Helpful (1)

    "Director"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Chicago, IL
    Former Employee - Anonymous Employee in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at AlixPartners full-time

    Pros

    Pay was higher than average, but they have to do that to attract talent from tier 1 firms.

    Cons

    No transparency. VERY long hours. Internal communications were practically non existent.

    Advice to Management

    The customer is NOT always right. Just because they don't want to hear our advice does not mean that it's bad advice. If the customer was doing so great, then they wouldn't have needed to use us.


  2. Helpful (2)

    "Good ol' boys club"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in New York, NY
    Current Employee - Analyst in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Compensation is competitive to market rates. People here appear to be generally intelligent and there is a hard working mentality.

    Cons

    Based on former employees about joining the firm as a female minority, I was pessimistic. Some LOBs appear to be better than others. Choose carefully if you are committed.

    Advice to Management

    Cultural change takes time.

  3. "Financial Advisory Services Vice President"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President, Turnaround Services in Dallas, TX
    Former Employee - Vice President, Turnaround Services in Dallas, TX
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Compensation is higher than direct companies however it's a very racist and sexist organization.

    Cons

    Not the best career option for a woman of color. Managing Directors are not encouraging, or welcoming of differing opinions.

    Advice to Management

    Take the time to branch out and connect with millennium employees and/or anyone offfering a differing opinion. Change happens when you listen.


  4. Helpful (5)

    "Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in New York, NY
    Former Employee - Analyst in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at AlixPartners full-time (Less than a year)

    Pros

    ...there are some good people in certain LOBs, but it is a dice roll if you get put into the wrong one.

    Cons

    Nepotism, cronyism, boy's club mentality...recently conducted an internal survey on diversity and gave themselves a failing grade.

    Advice to Management

    Don't just say you are going to change things for women and minorities...actually do something.


  5. Helpful (1)

    "Live to work not work to live."

    Star Star Star Star Star
    Former Employee - Senior Database Administrator in South Chicago Heights, IL
    Former Employee - Senior Database Administrator in South Chicago Heights, IL

    I worked at AlixPartners full-time (Less than a year)

    Pros

    Competitive salary, great bonuses, company trip to Vegas, great benefits, environment full of bright individuals.

    Cons

    Hours were ridiculous, 60-80 a week. Expected to work from home after normal work hours almost daily and on weekends to bend to clients' last second demands.

    Automation in their infrastructure was pretty much non existent.


  6. Helpful (4)

    "AlixPartners Review"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    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 Management

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


  7. Helpful (4)

    "Old Boys Club Mentality"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    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 Management

    A good reputation can only carry a company so far.

  8. Helpful (4)

    "Company has not managed it's growing headcount well"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President
    Current Employee - Vice President
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    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 Management

    The company needs to grow up.


  9. Helpful (6)

    "Alixpartners is not a bad place to work if you're part of the majority. If you're a minority, expect a challenge."

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    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.


  10. Helpful (5)

    "Small-firm minded, little value for clients. Better off at Big4."

    Star Star Star Star Star
    • 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)
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at AlixPartners full-time (Less than a year)

    Pros

    Very bright individuals (in general) and above Big4 salary.

    Cons

    Terrible hours (driven by Directors) - often 'first to arrive last to leave' mentality justified by rates. Very experienced staff end up being simple ppt jockeys at exorbitant rates. No transparency in career progression. No defined / repeatable methods for anything and nobody to sponsor such initiatives.

    Advice to Management

    Maintain robustness in your contracted deliverables and don't let the client tail wag the dog so much (you're opening up to huge risk).
    You've also forgotten how to be bold and do the right thing for your client - rather than just the thing you been told yesterday evening by the PE firm partner.
    Invest in the firm methods and tools, everybody does everything from scratch all the time - differently.
    Do the above 3 things and the hours people work and the value clients get will take care of themselves.


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