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Category: Salary & Benefits

There's Nothing You Can Do About Your Student Loans

Just in case you needed any more proof that we're not likely to see a sudden U-turn from the government over the ability to clear student loans in bankruptcy, Bloomberg has another story on the subject for us today-this time detailing the lengths that Uncle Sam will go to in order to ensure that your loan will not be dischargeable in bankruptcy. The piece focuses on the case of on Tangerie Shells, a social worker with an elderly mother disabled husband, and three children to support. Read More >

If You Work For a Hedge Fund, Now's the Time to Ask For a Raise

Remember a few years back when it seemed like everyone and their mother's hedge fund manager were being busted for insider trading? Well, it turns out that what those folks were doing wasn't insider trading at all. Or, rather, it was, but back then it was illegal to trade on inside information, and now it's legal. That is, sort of legal, as long as you don't know it's insider trading and/or you don't take money for handing over an inside tip. Yes, it's all very confusing. Read More >

Is the Student Loan System on the Brink of Destruction?

In news that will bring hope to the heart of many a debt-saddled millennial, a federal court in Boston is currently considering an appeal by someone who is hoping to be able to break the decades-old restriction on discharging student loan debt in bankruptcy. If the court finds in the favor of 65-year old Robert Murphy, allowing him to discharge more than a quarter of a million dollars of student debt, there are potentially massive ramifications for the student loan industry as a whole. Read More >

Rihanna, Hillary, and JLaw: Hardworking Women of the Week

Although there were many haters (in the comments section) of filmmaker and author Miranda July's New York Times piece on music icon Rihanna, I found it to be one of the better celebrity interviews I've come across in a long time. And what struck me most about the interview, along with the satirical approach July seemed to take when executing the all too often bland and formulaic celebrity Q&A, was the fact that Rihanna is likely working harder than all of us. Read More >

Why Negotiation is a Crucial Career Skill

When we think of the skills necessary to be successful in business there are quite a few things that come to mind. Maintaining good business relations, the ability to make tough decisions quickly, maybe even organization all come to mind. Although all of these traits are extremely important to keeping a business in the green, many people tend to forget another critical business skill: negotiation. Read More >

The Best Consulting Firms in Europe, 2016

I'm delighted to announce that the Vault's 2016 European Consulting Rankings are now live! Marking our final set of consulting rankings for the year-we released North America and Asia-Pacific in August and September respectively -it's wonderful to be able to report that all three rankings were based on significantly higher survey responses than in previous years, from a higher number of participating firms than ever before. Read More >

The Best Consulting Firms in Asia-Pacific

It's that time of year again: Vault's 2016 Consulting rankings for Asia-Pacific are here! As with our North America rankings, I'm delighted to point out that both the number of firms and the overall number of consultants participating in our survey in the Asia-Pacific region increased significantly from year to year. And, as with all our surveys, every response we received came from a verified employee of the firm being surveyed. Read More >

50 Best Banking Firms to Work For

Follow me on Twitter. Read More:Thanks to Goldman, Wall Street Work-Life Balance Is Better Than EverIs Wall Street Getting Less Diverse? Read More >

Harvard's President Explains Why You Should Go To College

Harvard President Drew Gilpin Faust was the subject of a recent Freakonomics podcast interview by host Stephen Dubner. While the whole thing is well worth listening to-Faust is enlightening on everything from the Civil War to her perspective on being Harvard's first female president to the college's endowment fund-there was one major takeaway for anyone with even a passing interest in the question of whether higher education is worth the investment. Read More >

Is Wall Street Getting Less Diverse?

Recently, I wrote about the improving work/life balance and work hours on Wall Street. To recap: based on Vault's latest Banking Survey of 3,000 investment banking professionals, respondents rated their work/life balance and satisfaction with respect to work hours much better than they did last year. In fact, nearly across the board, in 19 of 20 quality of life categories in which we asked bankers to rate their own firms, scores were higher this year versus last. Read More >


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