Cookies help us deliver our services. By using our services, you agree to our use of cookies. Click here to learn more

AlixPartners Reviews

Updated 23 April 2015
56 reviews filtered by
  • Any Location
  • Any Job Title
3.7
56 Reviews
Rating Trends
Recommend to a friend
Approve of CEO
AlixPartners Chief Executive Officer Fred Crawford
Fred Crawford
21 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. 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.

  2. Helpful (1)

    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
    Current Employee - Director in London, England

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

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

    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 Management

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

  3. Helpful (2)

    N/A

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President in London, England
    Current Employee - Vice President in London, England

    I have been working at AlixPartners

    No opinion of CEO
    No opinion of CEO

    Pros

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

    Cons

    Lack of direction and support from management

    Advice to Management

    N/A

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Vice President

    • 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

    Smart people; high profile cases.

    Cons

    Long hours; focus on bottom line only.

  6. 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.

  7. Overpriced and underexperienced

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President - Consultant in Fremont, CA (US)
    Former Employee - Vice President - Consultant in Fremont, CA (US)

    I worked at AlixPartners

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    High salaries for early career individuals with relatively little working knowledge and even higher wages for mid to late career individuals with no experience other than consulting

    Cons

    High salaries for early career individuals with relatively little working knowledge and even higher wages for mid to late career individuals with no experience other than consulting -- There is little evidence that this firm can actually justify their cost.

    Advice to Management

    Hire some MD's that actually know something other than selling and stop relying on 20 and 30-somethings to do most of the work. Finally, stop making unrealistic promises to perspective clients and never coming close to attainment.

  8. 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.

  9. 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)

  10. 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.

  11. 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

Work at AlixPartners? Share Your Experiences

AlixPartners

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.