Friends at AlixPartners- Any indication of SVP comp for lateral hire. Currently SM at a Big 4 M&A @ ~ $300k. Worth going down a level?

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If you’re good they’ll pay what they have to in order for you to sign. My understanding is there are SVPs making 300+ on the mid/high end.

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And IMHO, if you believe this is going down a level for you, then maybe this is not a good fit. AP is a different type of consulting firm, you shouldn’t consider it a step down.

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So what type of a firm is it?

Two other things to keep in mind:

1. If you're good, you'll get promoted quickly.
2. Our yoy total comp increase is significant, so even if your year 1 comp at AP is lower, it'll very quickly overtake what your trajectory looks like at B4

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This post is fine, but the “even if your year 1comp is lower” qualifier is unnecessary. We’ll give this person a pay raise if we want him. Nobody comes here for a pay cut in EI, let alone someone from a big 4.

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Svp total compensation ranges from 240 k to 330 k in general. If it is a lateral move my guess it’d be at a 300 k range.

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200k base is kinda common though, but not always

Is that 300k base and bonus? If so, agree that the change makes sense even if it's a push year 1

SVP can hit ~$300k TC but your base will likely go down unless you are brought in as a Director

Is SVP equivalent of a manager at Alix?

Thank you

What is the work / life balance like at AP?

Depends on the team and project...

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