{ "media_type": "text", "post_content": "Just got an offer from Alvarez & Marsal in their PE Performance Improvement group. Thoughts on the company in general, and the group if you know about it would be much appreciated!", "post_id": "5974cb00b23f69001008d3a5", "reply_count": 50, "vote_count": 6, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }

Just got an offer from Alvarez & Marsal in their PE Performance Improvement group. Thoughts on the company in general, and the group if you know about it would be much appreciated!

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

So I concur with the culture comments and focus on billed hours above all else. I worked with their North American Corporate Restructuring and Business Consulting (now known as PI) practices. Your signing bonus is also an advance on your year end bonus and your benefits suck. But it is good for intense personalities that don't like "a lot of fluff." So figure out if you're a personality fit. But the BIGGEST turnoff is the nepotism. Not only are Tony & Brian's kids stuck running everything, but all the MDs bring their kids to work there, and they expect you to believe that they get no special treatment...


@ATK - AP has a better focus on employees than Alvarez, but the expectation is travel as required to get the job done. For shorter term, high burn engagements, M-F is very common/required. A new restructuring engagement or near bankruptcy engagement is more likely to be M-F than an established client or implementation stage client. As A1 said, they previously had/currently have a strong ATK group since the operations work Is similar. The restructuring and PI areas are much more integrated in terms of go-to-market. This may be dated information, but they used to split the bonus into two components: 1) sweat equity - did you exceed target utilization. If so, payout at end of each quarter. 2) firm discretion - firm performance, other "stuff".

Recent IconRecent

I got the Alix interview through a referral.


What grade and comp?


You'll work like a dog in that group. Don't expect a culture of training and focus on balance. It is a culture that is defined by an end of year bonus, so you pound the hours and get rewarded at the end. There's not much in terms of coaching/learning like you see in the B4 - they pull from the B4, so you should know it already - so they will make assessments of you quickly. A bad first assessment from some key ppl will hamstring you forever because they don't forget and they definitely hold grudges.


Don't compare to friends in Consulting. They're underpaid, usually. But you should be in the 110-115 range.


PwC 1 I am a senior 1 at EY


$115 base and then bonus was more like 18-20% even though they dangle that 40% number out there. The top end bonus is only for spectacular years


Manager, manufacturing/operations, and can grind but don't want to. It'd have to be like $180k base with mega bonus. I really think you guys would like the menu from my food truck.


Senior Associate. Still negotiating comp but looking to be around $100k

Side note: I'm on the lower end of the experience required so I've heard that is ballpark a good number from friends in the firm.

Are you a senior at ey now? How many years of exp?

^Damn! Sounds like a strong contender for the "best place to work in" award.

Not sure on A&M, but the AlixPartners offer I got was very very good. Didn't take it for other reasons.

It's a good shop but agreed with the above, you will work hard for the money.

You will either love or hate the environment. There's no middle. The thing most ppl hate is the lack of balance. Money only gets you through two bonus cycles before you realize the 50 straight weeks you've worked without a break. AlixPartners definitely had a stronger culture based on how it grew. Alvarez, similar to PWC, is a bunch of acquisitions and creations that don't interact well together. Additionally, you have members of the Alvarez family and Marsal friends all over the firm. Nick is definitely the more go-getter of the Alvarez kids.

Additional note - your bonus is only on cash collected. If you bill 1mm and they only collect 200k, your bonus is on 200k. 401k match comes from your bonus. So take 35k, reduce by the firm stated amount (varies by level and year), then have an additional contribution added if you didn't max out your contribution, then added taxes. So you'll probably bring home ~12-15k in cash.

M2 this is good insight. Sounds like there some serious pros and cons there. A1 how did you go about getting an interview at AlixPartners?

3 years of experience

15k bonus on 100 base? Nah. It'll be like 40-50k bonus.

PwC 2, how do you know that?

Additional Posts

Anybody from media buying pivot to product marketing?


Question on the COVID situation.
1. Why does each country have their own FDA approve for vaccines already approved by other countries? Why not rely on leading economies say, US UK's approval? Isn't not doing that losing crucial time?
2. If there's a strong reason for individual country-based approval of vaccine, does approval from other countries like US, UK factor in?


As a reviewer, is it frowned upon to sign off as preparer on a wp for another team member if they did not prepare the wp? In my experience, it’s generally been considered a no-no.


Which kind of projects would you recommend a Senior Consultant to choose when entering M&A? I’m working for Deloitte OTS (Financial Advisory) in Europe and we have a quite broad project pipeline: IT DDs, ODDs, CDDs and a lot of PMI/Carve-outs. I joined recently and have the opportunity to choose my path in the short-/ mid-term. Currently, I’m focusing on IT DDs but do not have a technical background. I want to polish up my profile to enter industry in 2-3 years. Thanks a lot in advance!


Anyone who had a holiday today?

Fully furnished room in 2-bedroom apartment available 4/20 in East Village. DM me if interested.


Someone here from cgi
Referral and help needed


Can someone specify which big 4 has the best TICE practice?


Do you disclose current salary when applying to a new job or talking to a recruiter when asked? Are people able to get around this? Or are they adamant about higher salary when negotiating?


What are your best tips for drumming up new business as a small creative agency? We don’t have budget for a new biz agency or consultant, so need to think out of the box...


How is the work life balance at Facebook?


Thinking about joining a country club to golf and meet some prospects. Thoughts?


Really stupid question as math is not my strength and happy this bowl is anonymous for this reason but - if my new company matches 75 cents of every dollar I contribute to my 401k, up to the annual IRS limit, once I meet the "eligibility requirements," what requirements are these typically and what percentage of my contribution is my company matching ? The limit is $19k right? so how much of that are they contributing. Again, embarrassed by this so TIA


I keep thinking back to a job I used to love but quit a little dramatically b/c of misaligned visions. I’m thinking about reaching out to my old CEO and apologizing My Name Is Earl style. Thoughts?


Was told by SM, it usually takes 3 years to be promoted to senior, I am 28.


Analysts who left in their 1st year either (voluntarily or laid off) where did you end up and how long did it take you? Consulting isn't for me and I'm obviously only eligible for entry level roles


Any thoughts on buying shares of Groundfloor?

Post Photo

What is the average salary for a healthcare consultant/program analyst?


South Bay resident here. Me and my spouse are planning on buying a house next 1-2 years to raise a family. Our family income comes up to 280k pa. Factors to consider/ thoughts?


Compensation question:

Scheduled for my final round of interview with a tech startup for a “Director of Strategy” role that will be focused on identifying growth strategies.

Currently at $180 base with a Big 4, 8YOE, Cybersecurity background. What TC can I realistically target for, in the event I crack the interview? I’d like to aim for $220-250K base + Bonus + Equity - is this unrealistic? If not, would love to hear what ranges might be reasonable. TIA!


New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here


Embed this post

Copy and paste embed code on your site


Download the Fishbowl app

For account settings, visit Fishbowl on Desktop Browser or