{ "media_type": "text", "post_content": "Anyone at Alvarez & Marsal NACR (Rx) willing to talk about the group, culture, how COVID has impacted the group and how things may change, if at all, post COVID?\nFinally, what level will someone enter the group from an MBA?", "post_id": "61036ce158626f00212889a2", "reply_count": 14, "vote_count": 1, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

Anyone at Alvarez & Marsal NACR (Rx) willing to talk about the group, culture, how COVID has impacted the group and how things may change, if at all, post COVID? Finally, what level will someone enter the group from an MBA?

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Just to add the bonus can be pretty sweet: 50-100% of your base. Again, depending on utilization. Downside is, if you don’t work much, your bonus will be crap.

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Not in NACR, but last year was really hot (to the point that some in other groups cross trained and worked in rx capacity), this year not so much. Have some rx working in transaction advisory instead. Post MBA, one joins as a senior associate across the firm. No differentiation in terms of salary whether or not you have an MBA, you are looking at $120K base + bonus based on utilization.

Thanks AM1 and AM2. Can you speak a bit more to the bonus calculations? I’ve heard that its your utilization rate x billable hours x hourly rate = Total Comp. Your bonus would be TC - 120k. Is the above fairly accurate and what is the typical hourly rate for a senior associate? Finally, is the bonus process really that clear cut or is there significant politics involved?

Those numbers are a bit low for a senior associate in NACR. Your base would be closer to $200k and bill rate ~$600. 30% take rate on collections is on the lower end for senior so total comp probably around $350k if you work 2000 hrs. Bonus is also uncapped and can be up to 35% of collections so not uncommon to see a senior make $400k+ on a busy year.

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Pretty sure MBAs come into nacr as associate 3s. Unless they have restructuring background

A3 is an associate and SA is a senior associate ... Comp / billing rate / responsibility are completely different

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OP disregard AM1 / 2’s responses, they are not accurate. Senior associate title doesn’t even exist in some groups, and compensation models vary significantly. See AM3/4

A&M in general. Senior associate doesn’t exist in CPI for example, but does in RX and PEPI. The same title can have wildly different compensation for different groups. A&M3/4’s numbers are more in line with what I have heard from my Rx brethren. (I’m in PEPI)

Thanks, everyone for the replies so far. Would love to hear about what a typical day may look like for an associate / senior associate in NACR (understanding that there may not be typical days). Happy to private message if that’s easier.

Thanks so much for this, it was really helpful. I will DM you if I have any other questions!

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