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Phil Stott

Phil Stott is a Vault Editor. Since joining Vault in 2007, he has covered a variety of industries including consulting, consumer products and technology. He is also well-versed in general career issues, having worked in a variety of fields including freelance journalism, consumer banking, English language teaching, soccer coaching and more. Originally from Scotland, he holds an undergraduate degree in English Literature and Modern History and a Masters in Research in Civil Engineering. 


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All Posts by Phil Stott

MBA Primer: Explaining the Greek Crisis

by Phil Stott  |  July 06, 2015

Baffled by the Greek crisis? Worried about the possibility of a question coming up on your next job or college interview about the roots of the problem? Check out this illuminating video from the ever-on-top-of-the-situation folks over at Vox. In tracing the issue back to the founding of the Euro, it serves as a great primer on which to start building your seemingly off-the-cuff response the next time "Would you recommend Grexit?" comes up in a situation where "I have no idea" is not a... Read More >

What Happens When an Entire Nation Can't Find Work?

by Phil Stott  |  July 01, 2015

It's hard to escape the situation in Greece in the news media this week, what with the country becoming the first EU nation to default on its debts, and the rolling coverage of the upcoming referendum on whether or not it should accept continued austerity measures. Easy to miss in amongst all of the coverage of the politics and the economics involved: the human stories at the center of it. As noted over at Vox.com, Greece's problems are "a human crisis. Unemployment in Greece is over 25... Read More >

Are Summer Jobs On the Way Out?

by Phil Stott  |  June 24, 2015

Kids these days, with their new-fangled gadgets and their lewd pop music and their scandalous fashion sense and internet memes, amirite? The only thing that's worse: us "grownups," consumed with our bitter envy of their lifestyles and freedom and, well, general youth. If you're looking for more fuel for your "things were better back in my day" fire, check out the chart below, which shows that summer employment rates among teenagers are perilously low. Which is a problem for those of us... Read More >

Being Nice: The Key to Career Success

by Phil Stott  |  June 22, 2015

Whether you're a 20-year veteran or halfway through your first ever internship, chances are that you've got a story to tell about a boss or colleague who's rubbed you up the wrong way. Someone who's ignored you, been rude to you, or demeaned you in front of your peers. And, given the law of averages, there's every chance that someone else has a similar story to tell about you. As your brusque boss might say, "Who cares? It's business. Deal with it.'" According to a recent article in the... Read More >

When Is It OK to Cry at Work?

by Phil Stott  |  June 16, 2015

British scientist Tim Hunt  has watched his Nobel prize-winning career go down in flames this past week, after some off-the-cuff remarks he made during a conference in Seoul blew up on social media. The comments: According to a variety of reports, Hunt called for single-sex labs, saying "Let me tell you about my trouble with girls. Three things happen when they are in the lab. You fall in love with them, they fall in love with you, and when you criticize them, they cry." Opinions differ... Read More >

The Best Recommendation Letter Ever

by Phil Stott  |  June 08, 2015

John Nash was a Nobel prize-winning mathematician whose life was made all the more memorable through its portrayal in the movie A Beautiful Mind. Following the death of Nash and his wife, Alice, in a car crash last month, Princeton University has lifted the restriction on Nash's graduate school files. Amidst the files are plenty of examples of what the school describes as "the more mundane aspects of Nash's life"--items that it suggests may help the mere mortals among us to connect to Nash... Read More >

Republican or Democrat: Which Way Does Your Industry Lean?

by Phil Stott  |  June 03, 2015

Does your occupation determine your political leaning, or your political leaning dictate which occupations you'd consider? Either way, a recent study from Verdant Labs provides some fascinating insights into the political divisions across the workforce. For example, here are a handful of insights gleaned from the data: Most Republican-leaning Industries: Fossil Fuels (89% Republican) Farming & Forestry (72% Republican) One interesting point to note about Farming & Forestry,... Read More >

When Should You Quit a Job on Principle?

by Phil Stott  |  June 01, 2015

Let me start this post with an admission: as someone who's fanatical about the beautiful game, I've been doing very little except following the FIFA scandal since it started unfolding last week. So there's really nothing else for me to do at this juncture but find some kind of careers angle to give me an excuse to write about it! Looking at the situation from a careers rather than a sporting integrity lens, there are all kinds of angles that I could take. For example, I could look at the... Read More >

Is Salary Negotiation on the Way Out?

by Phil Stott  |  May 27, 2015

Would you take a job with a company if they gave you a take-it-or-leave-it salary offer, with no negotiation? According to a Wall Street Journal article today, that's exactly the approach being taken by a number of Silicon Valley startups, including Reddit, Magoosh, and Jet.com. The article notes that one of the major reasons that firms are pursuing such a policy is to promote equal pay, and cites research that "has shown that men are about four times more likely than women to negotiate... Read More >

Bain: Why There Are So Few Women Business Leaders

by Phil Stott  |  May 22, 2015

It's a well-known fact that women make up just 5% of the CEO class among Fortune 500 companies. According to a new report by Bain and Company, that's unlikely to be changing anytime soon--it found that despite starting their careers with more desire to reach the executive suite than men, and higher levels of optimism that they can achieve the goal, by the time they hit the midpoint of their careers, women are significantly less likely than men to want to make it to the top, or believe that... Read More >

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