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Category: Consulting

Should We Be Working Less and Sleeping More?

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. Read More >

Which Industries Created Most Jobs in 2013?

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). Read More >

Will the Job Market Recover in 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. Read More >

Why the 'Skills Gap' is Employers' Own Fault

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. Read More >

26 Interview Questions the Top 10 Consulting Firms Ask

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. Read More >

One Interview Question You Should Definitely Ask

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. Read More >

Training: Coming Soon to a Workplace Near You!

Question: what recipe can you make with the following ingredients?  A record number of employees approaching retirement age in the next handful of years. A bunch of companies whose workforces were hollowed out by layoffs in the recent past, leaving them with record cash reserves, but struggling for battle-tested, promotable talent to meet future needs. Students graduating from college lacking the skills to hit the ground running in their careers. Read More >

McKinsey Uncovered: Has the Firm Earned Its Reputation?

For as long as it has existed, the consulting industry has been plagued by one major question: does it-and by extension the consultants it employs-actually create any value for its clients?  That question is at the core of The Firm, a new book by journalist Duff McDonald, which examines, as its subtitle proclaims, "the story of McKinsey and its secret influence on American business. Read More >

Vault's 2014 Europe Consulting Rankings Are Here!

We are proud to announce that the 2014 Vault European Consulting Rankings are here-and that this year's edition comes with a unique achievement.  For the first time, one firm has taken the top spot in both our Top Consulting Firm and our Prestige rankings in all three regions covered by our survey. In emerging at the top of both of our signature rankings, McKinsey & Co. Read More >

The Top Consulting Firm in Asia-Pacific Is...

We are delighted to announce that the Vault 2014 Asia Pacific Consulting Rankings are here! As a region that is home to around two-thirds of the world's population, and a number of rapidly developing economies, Asia-Pacific is key to the future of the global economy. Read More >

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