Alvarez & Marsal fishes, how does the comp structure work? The base comp is a lot lower than MBB and target bonus is comparable, but sounds like there’s a lot of upside? Thanks!

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Depends on group.

The way it works if you bill and collections happen then you make money else you do not make the bonus; so risk is mitigated at director level and above assume you will get around 27-32 hours average billable time weekly and 70-80% utilization in normal year not in covid year ; so in years like this one you can only be assured base which is pretty low anywhere between 160-190 plus whatever guaranteed bonus you have agreed on for first 2 years ; more than happy to chat.

The other piece you need to think about is most people are coming from big 4 who could not get to partners support and also other thing you should think about is culture no diversity exist where different thinking is bought in.

D2, please confirm?

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