AlixPartners Reviews

Updated 11 April 2015
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3.8
54 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

Sort: Popular Rating Date
  1. Generally good company; Significant change in focus over the past 3 to 4 years

    • 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 8 years)

    Recommends
    Recommends

    Pros

    First few years involved very interesting projects working for small to mid size clients where one was able to make a difference and see it materialize

    Cons

    Is becoming somewhat of a me too firm and competes with the other MC firms on large sourcing projects and such

    Advice to Management

    Look to grow the firm from within. There are a lot of very smart people who are well networked and have proven their loyalty over the years sticking through thick and thin.

  2. 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)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    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 Management

    Try to move to more of a partnership mentality and ownership structure. Even with PE partners can increase ownership of professionals in the business.

  3. Good Company ... if you're senior (above VP)

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President in New York, NY (US)
    Current Employee - Vice President in New York, NY (US)

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    - High Exposure to Management
    - Challenging Assignments
    - Bright people (lots of former C-level)
    - Good bonus
    - Excellent travel Perks (e.g. AmEx Platinum Card)
    - Trusted Advisor in the industry

    Cons

    - No career plan/training for junior people
    - Salary raise stuck at inflation rate
    - Undersized Human Resources
    - Very undersized Immigration Services

    Advice to Management

    Invest more in support (Training, HR, Immigration Services)

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  5. 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)

    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.

  6. 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

    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

  7. Fast paced

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President in Chicago, IL (US)
    Current Employee - Vice President in Chicago, IL (US)

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Lots of opportunity to learn and get staffed on various types of engagements.

    Cons

    Stressful environment and unpredictable schedule.

  8. Smart Company.. Smart Employees

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate in New York, NY (US)
    Former Employee - Associate in New York, NY (US)

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

    Recommends
    Negative Outlook
    Approves of CEO
    Recommends
    Negative Outlook
    Approves of CEO

    Pros

    Great smart people, quick fast paced environment, client interaction from the first day for all levels of staff. Low base but compensates for it with overtime.

    Cons

    No formal learning. No handholding. Some of the folks are micromanagers which is why it is important to pick the directors who you will be working for. No choice in the case that you want to work for. NO WORK LIFE BALANCE.

    Advice to Management

    Encourage younger folks to take on a bigger role, give opportunities, have a formal training learning, mentoring program to help develop people.

  9. High impact work for top clients, very strong people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate in New York, NY (US)
    Current Employee - Associate in New York, NY (US)

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

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Interesting assignments
    Strong focus on 'doing', not report writing
    Work directly with engagement leaders
    Competitive pay
    Company values and trusts employees

    Cons

    A lot of travel (if you think that's a con)
    Not much respect for personal time
    Not much formalized prof. development

    Advice to Management

    Be mindful to remain competitive on pay

  10. Fast-paced work that actually delivers change

    • 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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    A relentless focus on the dollars and management of companies; Working exclusively with the C-suite and Board rather than consulting to middle management.

    Cons

    100% travel can erode work/life balance

  11. 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)

    Approves of CEO
    Approves of CEO

    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 Management

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

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