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by Derek Loosvelt|March 04, 2015
Follow me on Twitter @VaultFinance. Folow us on Instagram
@VaultCareers.
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by Derek Loosvelt|February 17, 2015
New York is in the middle of an employment boom. Since the
financial crisis of 2008 and 2009, the city has added close to half
a million jobs. And nearly every sector has been adding jobs but
one: Wall Street. Once the core of the Big Apple, Wall Street has
soured as a career destination among the young and old alike. The
events of the crisis tarnished its reputation among
jobseekers-perhaps for a generation or two (or longer).
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by Derek Loosvelt|February 11, 2015
In the past week, the New York Times published two articles on
international internships. One about the rise of unpaid internships
overseas that can cost students several thousand dollars and that
seem to be very attractive to students who can afford them. And a
second about a young woman who took an internship in La Paz and who
writes, "Opportunities can turn into opportunities for disaster
when students blindly leap into situations in foreign countries.
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by Vault Careers|February 11, 2015
Another year, another sign that office romances are gradually
becoming more and more acceptable in workplaces throughout the
United States. Indeed, the most striking statistic from this year's
Vault Office Romance survey is that just 5 percent of respondents
believe that no office romances are appropriate, down from 9
percent in 2011.
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by Derek Loosvelt|February 04, 2015
Have you ever wondered why Trader Joe's employees are always so
cheerful and helpful? If so, here's New Yorker financial columnist
James Surowiecki with the answer: A substantial body of research
suggests that it can make sense to pay above-market
wages-economists call them "efficiency wages." If you pay people
better, they are more likely to stay, which saves money.
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by Derek Loosvelt|January 28, 2015
Last week, in his latest State of the Union Address, President
Obama noted that the U.S. is just one of a few industrial nations
in the world without laws mandating paid parental leave for
employees. This had me wondering: Which are the other two countries
that don't mandate paid leave to parents? Which countries offer the
most paid leave? And which companies here in the U.S.
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by Vault Careers|January 21, 2015
Since December, Vault has been asking accounting professionals
across the U.S. to tell us what it's like to work for their firms.
So far, we've surveyed about 6,000 accounting professionals, and
one of the questions we've been asking has to do with interviews.
Specifically, we've been asking accountants to tell us the
questions that they were asked during interviews with their firms.
And, to that end, below you'll find 49 common interview questions
that top accounting firms ask.
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by Derek Loosvelt|January 07, 2015
When Yahoo Chairman Maynard Webb interviews you, he doesn't just
probe your past for things like extracurricular activities,
teamwork skills, and ability to overcome difficult situations; he
also wants to get a sense of your level of "self-awareness" and
"openness." In fact, here's a two-part question Webb uses while
probing prospective employees: "Six months from now, we're going to
know each other very well. What will your team and what will I say
that you do really, really well?
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by Derek Loosvelt|December 17, 2014
It was the year of distressed babies, flash boys, and underpaid
women. It was the year of frozen eggs, racist statements, income
inequality, and the openly gay CEO. It was the year that Wall
Street got soft, and the year that an unknown schoolteacher in
China who hatched a company in his tiny apartment became a
multi-billionaire in the largest IPO in history. It was 2014. And
here are your 10 biggest workplace stories of the year. 10.
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by Derek Loosvelt|December 10, 2014
A few weeks ago, I had the opportunity to speak with Ari Hoffnung,
a former Wall Street banker turned public servant turned medical
cannabis entrepreneur. For more than a decade, Hoffnung worked at
Bear Stearns, where he was a managing director. Not long after Bear
imploded in 2008, Hoffnung went to work for the City of New York as
deputy comptroller.
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