Hi Ladies, Anyone here from Alvarez&Marsal? How bad is the travel?

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What group?

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Infra

F. Currently weighing an offer as well so def considering the increase in travel

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What did they say?

Heavily group/client/MD dependent. I’m in CFO Services core team. It’s rough, and our expense policy isn’t generous. I’m going to a small area that has no direct flights but they won’t reimburse a lounge or beers on my layover so I just sit in the gate area or whatever. I’ve been here 4 years and have never had a slow travel year but I know some people who do. 17 travel weeks so far this year and leaving on Monday (the holiday) in order to make our Tuesday morning session

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No, it’s not up or out, but you won’t be happy if you fall out of favor. Your base pay here is very low (probably less than you’re making now) and unless you get staffed, you won’t get a bonus. If you are staffed and over 80% utilization, you should expect a huge bonus (more than your base pay) but then if they want to manage you out, you’re stuck at your base pay and most people leave. I’m in PEPI and I make 1.5x what I would in big 4, some other groups here don’t have the variable pay structure but there’s more upside if you can take the risk.

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