AlixPartners Reviews | Glassdoor

AlixPartners Reviews

Updated August 2, 2017
34 reviews

Filter

Filter


3.0
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
(no image)
Simon Freakley
7 Ratings

34 Employee Reviews

Sort: PopularRatingDate

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 8 reviews)

Cons
  • Work/Life balance - I'm not sure its more imbalanced than any other top consulting firm (in 25 reviews)

  • Long hours; focus on bottom line only (in 7 reviews)

More Pros and Cons

  1. "Incredible firm; depends on your job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Detroit, MI
    Former Employee - Anonymous Employee in Detroit, MI

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

    Pros

    The firm takes care of its employees. The healthcare benefits were fantastic and salaries were competitive - and the firm-wide anniversary celebrations are great. The people are very driven and are very smart.

    Cons

    There is limited upward mobility, and depending on your job, you may feel less valued than others. The consultants create revenue and truly drive the direction of the firm. The 'back office' or 'admin' roles (HR, Accounting, Audit, Billing) do not, and this can create some tension between the two at times.


  2. Helpful (4)

    "Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Enterprise Improvement Associate in Southfield, MI
    Current Employee - Enterprise Improvement Associate in Southfield, MI
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Get to know and work with all sorts of management, learn from the very best that the industry has to offer.

    They hold constant training's for you to learn from and develop yourself and your skill set, not necessarily new hire training, but training's to broaden your consulting skill set.

    New CEO is great and really wants to develop the firm into one of the best firms in the world.

    Cons

    Management tends to be a black box, not a lot of transparency, in terms of staffing.

    Joined out of B School, and the learning curve is very steep and long but you are expected to be ready to go on day one.

    Constant anxiety and stress. Pulled into firm with no formal training and expected to perform to peak expectations. This is improving though as they have started implementing new initiatives for new hires.

    MDs tend to be very unforgiving, if you mess up on a project they tend to turn their backs on you and you are left struggling for staffing.

    Advice to Management

    Work on developing the culture of collaboration and development.

  3. "Ok, for very self-directed individuals"

    StarStarStarStarStar
    • 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 (Less than a year)

    Pros

    -Good pay
    -Strong private equity client exposure

    Cons

    -Incredible lack of diversity, relative to women and African-Americans, particularly in leadership roles
    -Critical to understand which practice/functional area you are joining and to have good "sponsorship" as some industry verticals are much better managed than others
    - -Lacks any visible office/firm culture

    Advice to Management

    Be more transparent about available staffing opportunities, versus "holding people" to suit Managing Directors desire.


  4. Helpful (3)

    "Consider carefully"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    Former Employee - Anonymous Employee in Southfield, MI
    Former Employee - Anonymous Employee in Southfield, MI
    No opinion of CEO

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

    Pros

    Generous compensation and benefits. Stable and respected company. Many quality people. Comfortable office environment.

    Cons

    Many managers behave unfairly and in a manner inconsistent with company directives. Significant growing pains due to aggressive corporate goals and delayed improvement of systems.


  5. Helpful (4)

    "Great in select areas"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Chicago, IL
    Current Employee - Vice President in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    AlixPartners as a firm hires intelligent, hard working consultants through a highly rigorous recruiting process. Client engagements are often high impact, really important projects that receive a lot of visibility from senior leadership (i.e., you won't be buried 5 levels deep in an organization reporting to a Director). The firm is poised for tremendous growth over the next several years.

    Most of the back office functions at AlixPartners are top notch - especially our IT help desk and Lead Management (Research) folks. They really are service-oriented and will bend over backwards to help out consultants.

    Generous health insurance package

    Cons

    - Compensation is secretive/opaque by design, probably 15%-20% below market; annual raises are inadequate compared to other firms; comp is very bonus heavy
    - As the firm grows it seems to be splitting into several smaller solution/industry groups based on specific Managing Directors or markets; difficult to leave a specialized group once you are "in"; Losing the "one-firm firm" culture pretty quickly
    -The firm has absolutely zero methodology and inadequate knowledge sharing tools (which they are trying to improve) - you have to reinvent the wheel for every project
    - The "ideal candidate profile" sought by HR somehow breeds micro-managers, especially the latest wave of Director-level new hires
    - Non-existent training - most "training classes" are hours of case summaries with little detail around actual process
    - Very little brand presence outside of turnaround/restructuring - limited exit opportunities when competing for spots with consultants from MBB, ATK, OW, LEK, etc.
    - Travel expectation (at least in Enterprise Improvement) is Monday - Thursday every week, even when not required - horrible for work/life balance
    - No 401k match? Has never really been clear.
    - Up until this year (2017) - 360 review process not available

    Advice to Management

    Increase transparency in the compensation process - 4-5% annual raises are pathetic compared to other firms.


  6. "Consultants"

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

    I have been working at AlixPartners full-time

    Pros

    Smart people, good learning experience

    Cons

    Not good culture for juniors. Career Track is not clearly defined. Promotion and Bonus are based on your relationship with MDs


  7. Helpful (3)

    "Interesting Projects - Compensation Issues"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at AlixPartners full-time (More than 5 years)

    Pros

    Interesting and challenging projects. High impact work across the corporate landscape. Good growth prospects. Entrepreneurial culture - you take ownership of your own success. The people: by and large smart, professional, and accessible.

    Cons

    Compensation does not keep up with market rates for those who stick around. New hires in decent market conditions do appreciably better in total comp than top performers who have been around for 5+ years.

    Advice to Management

    Manage compensation better for long term employees to foster loyalty. Too often, the only option for top performers to realize their current market value, is to leave.

  8. Helpful (2)

    "Good and Bad"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in Dallas, TX
    Current Employee - Director in Dallas, TX
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at AlixPartners full-time (More than 10 years)

    Pros

    People are of high quality. In restructuring the firm gets good cases based on reputation. Lots of experienced consultants.

    Cons

    Politics have been an issue, repeated changing of organizational charts and diversity issues have plagued areas of the firm.


  9. "competitive salary"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at AlixPartners full-time

    Pros

    on average, more experienced industry experts around you

    Cons

    less classroom training; no run in period.

    Advice to Management

    more coaching to new people


  10. Helpful (3)

    "It's ok"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate
    Current Employee - Associate
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

    Benefits are good but not the best for the industry. Work with smart people. Flexible with expenses and travel decisions.

    Cons

    Poor separation of duties. Hierarchical and political. Backwards socially; God help you if are a minority

    Advice to Management

    Need clear separation of responsibilities to reduce the politics. Do something, anything, to help minorities in the company especially the way women are treated.


Showing 34 of 157 reviews
Reset Filters