Alvarez & Marsal Can someone at Alvarez & Marsal help me better understand the bonus concept? Trying to understand the flow between bonus tier 1, tier 2, and stay bonus.
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I’ve never worked at A&M and haven’t heard of this either
Alvarez and Marsal is sounding more and more like a multilevel marketing scheme
Mentor
Bonus incentives based on how many knives and Tupperware we sell on the weekends 😂
Stay bonus is only triggered if your total comp calculation for the year exceeds $750k. You receive 50% of the amount over $750k in the year earned, but the remaining 50% is deferred and paid ratable over the next 3 years. You forfeit deferred comp when you quit, unless you retire, in which case you can get it paid out. Never heard of the tiered bonuses either.
Mentor
And the stay bonus doesn’t apply if you own equity which is only for the MDs
What group? Never heard of this concept before.
I’m in PEPI and have not heard of this tiering or stay concept either. What role are you interviewing for?
I’m in restructuring and also have never heard of this
Mentor
In TAG, never heard of this concept or stay bonus