I know there are variations of this thread, but what is Alvarez & Marsal target comp for a Manager in CPI if you hit say ~90% utilization? Is that 140k base + 50% bonus? Or higher?

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^ the above is true for PEPI, NACR, other groups. CPI uses a different comp model. If you hit 90% utilization, 140k base + 50% bonus is a good estimate. Could flex up or down based on your project performance in getting to 90% util, as well as performance of the practice

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It depends on the city you live in... Ex- Houston CPI isn’t 140k base until you hit director likely; and a 50% bonus is during GREAT years with 100%+ utilization and strong performance (culturally and economically)

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It’s base + [utilization x role rate x collections]. Bonus is not dependent on base as I know it

This is correct.
Total comp = rating factor (increases with promos, call it 25% for example) * total collections $1m

In this hypothetical example if your base was 150, you’d be getting a 100k bonus

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