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by Derek Loosvelt|July 15, 2014
The East Coast-West Coast rivalry continues.If you're looking
for work in the so-called STEM sector and judge jobs by their
salaries, Bloomberg has put together several nice charts that show
you where tech compensation has grown fastest since 2008. But if
you're not a visual person, here's what you need to know when it
comes to cash: Seattle > San Francisco > Washington, D.C.
> New York.
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by Derek Loosvelt|June 17, 2014
Call it a fever, a virus, or merely an emotional infection, World
Cup-itis is no fictional disease. Every four years, it afflicts
hundreds of millions of people (this blogger included). And
although the causes are easy to explain-the exhilaration of
watching diving headers kiss the side netting, free kicks bending
around walls just out of reach of fully extended goalkeepers,
thirty-yard passes threaded between defenders onto the boots of
strikers sprinting toward goal-there's no known cure.
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by Derek Loosvelt|June 10, 2014
Like a bad sequel to a horror film, Kenneth Feinberg, the Obama
administration's former "pay czar," is back. And this time it's the
automotive industry, not oil companies or Wall Street, that needs
his expertise in assessing the wreckage.
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by Phil Stott|June 09, 2014
If you're one of the millions of current or soon-to-be college
graduates who are struggling under the burden of student debt,
there's some good news: relief is on the way. The reason: an
executive order from President Obama that extends the ability to
cap student loan repayments at 10 percent of your monthly income,
with forgiveness of any remaining balance after 20 years (or 10
years, if you go to work in the public sector).
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by Phil Stott|May 13, 2014
Millennials. Whether you believe that they're the most entitled
generation ever to walk the Earth, or the one most let down by the
generations that have preceded it, there's no disputing that
they've had it tough on the job front. Graduating into the worst
economy since the Great Depression is no-one's idea of a good time,
but it's a story that's sometimes difficult to comprehend for those
who have enjoyed being able to hunt for a job during periods of
relative prosperity.
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by Derek Loosvelt|May 06, 2014
I live in Brooklyn, and this past weekend, at my local independent
bookstore, where the titles that typically move are those written
by the many novelists who live in the outer borough, front and
center in the store window and on the checkout counter was the new,
Bible-thick, nonfiction title Capital in the Twenty-First Century,
by French economist Thomas Piketty. Capital, if you haven't heard,
has been receiving a ridiculous amount of praise.
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by Phil Stott|May 01, 2014
A friend recently asked me for advice on dealing with a scenario
that will be common to many job seekers: he was getting pretty deep
into the recruitment process with a firm, but no-one had mentioned
money. When, he wanted to know, was the right time to bring it up?
And, given that he feels significantly underpaid in his current
position, how could he avoid being lowballed this time out?
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by Phil Stott|April 15, 2014
It's no secret that men, as a group, earn more than women, with the
pay gap currently standing at around 16 cents-that is, for every
dollar earned by an average man, the average woman makes just 84
cents. While the reasons for that gap are varied, a recent report
from the Pew Research Group highlights one of the major causes.
The past 30 years have seen significant improvements in
closing the earnings gap between men and women.
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by Derek Loosvelt|March 25, 2014
According to this New York Times video, the answer is yes. In fact,
the Times believes that "when women advocate for themselves at work
it can sometimes backfire, which is why women need to take a more
measured approach when asking for a raise or anything else at
work." Although I'm not so sure that women need to take a different
strategy from men in this regard (should men simply skip into their
boss's office and call out, "How does a 10 percent hike work for
you?
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by Phil Stott|March 12, 2014
I realized this year that, having found my first job while still in
high school, I have now been in the workforce for more than two
decades-and fortunate enough to have been able to find and hold
employment for most of that period. Since those first forays into
the world of work, I have held-as anyone who has looked at my
profile page here at Vault will know-a variety of jobs in different
industries, across three continents.
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