Pros
Slightly above market pay, catered lunch, lots of responsibility
Cons
Unless you are anointed by the “old guard” early on, you will be treated with mild yet consistent disrespect throughout your tenure at Audax. There are virtually no opportunities for long-term development at this firm (save for the above), and employees are protective over their responsibilities and are cagey to a fault. Ultimately this isn’t the fault of the employees, as the Audax culture is so toxic at the highest levels that new employees must quickly adapt into the Audax way of doing things. As private equity firms go, Audax is nothing special in terms of compensation (cash comp, bonus, coinvest) or benefits (phone plan, catered lunch, expense policy). There is a noticeable divide between the various teams, which makes it difficult to work cross-functionally on even the most simple of tasks or projects. There is little to no diversity at Audax, whether by race, gender, or socioeconomic background. While Audax has made efforts to hire additional diversity candidates in recent years, these employees do not stay long. Nepotism runs strong at Audax, and there are frequent reminders of this when you come across low performing employees with familiar last names.