Any EAs working at AlixPartners ?I was hoping to ask what the base salary looks like as well as what to expect in terms of a bonus for a senior EA level (supporting execs)..

Can someone also explain the value accumulation plan?

TIA!

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I can answer the VAP question but I don’t know what the comp will be. Many of the EAs in the company have been here long term - for eg my EA has been at the firm for 16 years, so I hope she likes it :)

On the VAP - consider it additional compensation that rewards tenure. It is a shadow equity program (google this one). What is special about it is that everyone in the firm is eligible (consultants AND corporate services) and we are all on the same plan - everyone is treated equally.

After you become eligible (in your 4th year), you will be rewarded units to the value of a percentage of your total compensation (base + bonus). The % amount depends on your level and your tenure at the firm - it’s all published. These units are worth a certain amount, and they will increase in value alongside the value of the company. Every year, you can elect to convert some of it to cash, or you can choose to keep it as an unit so that it continues to accumulate value. The idea is that - you could be ultimately rewarded with say $80K of units but they increase in value over time so that it actually becomes $120K (numbers made up).

Hope this helps! And I hope you join us if you get the chance. Happy to answer other questions if I am able.

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Yeah I think so? But I’m not certain how that works…I’m not at that point yet.

But yes, it’s a great benefit regardless, but it does very much reward tenure so at first it feels like nothing.

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