Alvarez & Marsal What is the base comp and bonus structure like at Alvarez & Marsal? How does it compare to AlixPartners?

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A&M has a total comp structure where your utilisation is tied to your TC - your base and bonus are back solved from that. Alix is more typical with a base and bonus as a %.

A&M has more volatility in TC than Alix ie the highs are higher but the lows are lower. You can earn more at A&M but it’s very eat what you kill, Alix is more reliable.

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I was at A&M back in 2021 as a Senior Associate, my base was 130,000 and based on being 100% utilized that year my total comp was $250,000 The next year was more lean, was about 50% utilized so tc ended up being 150,000. So very big swings

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I was in NACR

The base salary is way lower than Alix, about $30–40K difference from peers I know at Alix, but A&M has better bonus potential. If you perform well A&M will pay better, but in a down year you might not even hit $200K.

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That sounds terrifying.

Utilization is part in your control and part based off the state of the business.
The more flexible your skillset and the better reputation you have influence your utilization / collections

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