I received an offer for SVP role with AlixPartners. The recruiter did not share much details on employee benefits (insurance, 401K) and "shadow equity" plan. Would appreciate any insight on this. AlixPartners

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Posting as :
works at
You are currently posting as works at

I’ve been here for a year and would like info on this as well 😂

funnylike

Need to be around 3 years to be enrolled in shadow equity “value accumulation plan,” where you are granted “shares” in the company yearly with a vesting period over 7 years that you hope will grow over time

I’m on the medical plan where I pay $0 monthly premium, but yearly deductible is $4k, max yearly OOP is $7k. I contribute to HSA.

401k — we get a match? Lol

likesmart

401k match is paid jan 1 or jul 1 after 1 yr of service

401k and shadow equity are both uncompetitive and not relevant until you’ve been with the firm for several years. That’s why they didn’t provide details.

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AP7 it take 3 years for the 401k to kick in so sort of irrelevant early on

Out of curiosity what was the TC in your offer?

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You should read message I posted above again. They shared information but it was very high level. Anywho, I am not responding to this specific thread anymore because it is pointless

Assume no benefits from or discount 401k or the shadow equity plan (called VAP - value accumulation plan). 401k (2-3% of your total comp) doesn’t kick in until after year one. VAP is effectively worthless unless you stay here for life.
The “best” insurance plan is roughly $50/month. Dental and vision are free.
I am hearing paternity/maternity leaves aren’t great compared to other firms, and bonus is prorated if you take any leave, I could be wrong

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They got rid of the pro/rated bonus aspect, no penalty to bonus for taking leave anymore.

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They will just lower ur bonus

The inconsistency in responses is astounding! People need to check our benefits page. Ultimately, our programs our are above average, but not the best

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