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by Phil Stott|March 25, 2014
There's nothing like the name of a top business school to make your
resume more appealing to employers-which is probably why so many
people are tempted to lie about it. Even for those who have the
acumen and ability to cope with the workload, there are a couple of
major drawbacks to signing up for an MBA: namely the cost, and the
time out of the workforce.
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by Phil Stott|March 18, 2014
As a follow-up to my recent post on the lessons I learned from the
best jobs I've had, I've been thinking about some of the worst-or
least enjoyable-positions that I've held in my two-plus decades in
the workforce.
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by Phil Stott|February 26, 2014
It's the time of year that we here at Vault are thinking one thing,
and one thing only: surveys. To get the information from company
insiders that informs our rankings and company profiles, we spend
months surveying employees, reading the results, and condensing
them to bring you the most accurate picture that we can of life
within leading companies across a variety of industries.
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by Phil Stott|February 19, 2014
With so much information competing for your attention, it can be
difficult to stay on top of the latest developments and ideas in
your field-and none more than consulting, where leading firms
compete to produce game-changing ideas and insights. Of
course, one of the unfortunate by-products of all that research is
that much of it is just not that interesting or relevant.
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by Phil Stott|February 06, 2014
The Congressional Budget Office predicted earlier this week that
one of the side-effects of the Affordable Care Act would be to
eliminate the equivalent of 2 million full-time jobs, almost
entirely as a result of "a net decline in the amount of labor that
workers choose to supply.
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by Phil Stott|January 14, 2014
While it may have disappointed on a monthly basis, data in the
most recent BLS labor report indicates that private industry in the
U.S. created some 1.7 million jobs in 2013. I looked at the data
from a couple of different angles, to try to figure out where job
seekers had the best chance of landing a freshly-created position
in 2013 (hint: not the government--state and federal agencies cut
around 390,000 positions over the same period).
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by Phil Stott|January 09, 2014
Is this year set to be the one the job market comes roaring
back? I could have opened a blog with that sentence every
year for the past five, were it not for one thing: the sluggish
nature of the recovery, which has seen job growth limping along at
a snail's pace, rather than ratcheting back to top speed.
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by Phil Stott|December 11, 2013
A recent report from the Society of Human Resources Management
(SHRM) highlights one of the biggest problems that companies have
today: the ability to find employees who are ready to tackle the
challenges they're likely to meet on the job. In pointing this out,
however, the report also makes an unconscious point: that the
problem is almost completely companies' own fault.
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by Phil Stott|November 21, 2013
The key to any good interview is preparation-and there's no better
preparation than knowing the kinds of questions that you're likely
to face. With that in mind, I took a look through the thousands of
responses from our 2013 consulting survey and selected some of the
most representative questions that successful candidates had to
navigate.
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by Phil Stott|November 14, 2013
Standard advice about interviewing at companies decrees that you
should always do your research in advance, and come armed with a
few pertinent questions on the firm's business model, goals, and
the like. It also decrees that you should save questions pertaining
to compensation, perks and benefits for at least a second round
interview.
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