Alvarez & Marsal How does comp work at Alvarez & Marsal? I know bonus is based on utilization / collections, but how does that really work when you're executing against a SOW with a certain amount of hours budgeted. If I'm only budgeted at 70%, how do you increase your utilization to increase your bonus.

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My analyst level take: you roll yourself on to more projects, that’s how you keep your overall utilization up.

Also just a heads, not every group at the firm is on that same comp structure - to my knowledge it’s only TAG/PEPI/NACR who share it.

The base targets for CPI are all really reasonable, it’s really less of a bonus heavy environment there. Even senior folks (anything below MD) tend to bill pretty full loads. A&M tends to not discount/have senior people eat hours as much as other firms I’ve been at.

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