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Category: Salary & Benefits

Why More Women Aren't CEOs

On July 1, KPMG's Lynne Doughtie will become the first woman to hold both the CEO and chairwoman positions at a Big 4 firm. Doughtie will join Cathy Engelbert, Deloitte's CEO, in the Big 4 C-Suite. And so, come July, half of the Big 4 will be run by women. To be sure, this is a sign of great progress with respect to gender equality in the workplace. Unfortunately, it is also a reminder of just how few women still hold senior roles in U.S. firms. Read More >

Disney’s Disgraceful Tech Layoffs

I get that companies are in the business of making money and one of the ways to make money is to cut costs, but this move by Disney to layoff 250 tech employees in order to replace them with cheaper labor in the form of H-1B visa holders is downright disgraceful. And here's to hoping it will backfire against Walt & Co. … about 250 Disney employees were told in late October that they would be laid off. Read More >

WARNING: Working on Wall Street Kills

In the wake of two recent deaths of young Wall Street bankers, it seems a good time to revisit the subject of punishing hours in investment banking. In case you hadn't heard, earlier this week news spread about a 22-year-old Goldman Sachs analyst who'd fallen to his death in what appears to have been suicide. Read More >

When Should You Quit a Job on Principle?

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. Read More >

Is Salary Negotiation on the Way Out?

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. Read More >

Where the Self-Made Billionaires Work

Forgetting, for a moment, that money is the root of all evil, that money can't buy happiness, and that it's easier for a camel to thread the eye of a needle than for a rich man to enter paradise, let's talk about billionaires. More specifically, let's talk about self-made billionaires, because anyone with a head and a heartbeat can inherit a billion, but not everyone can make a billion on his or her own. Read More >

Bain: Why There Are So Few Women Business Leaders

It's a well-known fact that women make up just 5% of the CEO class among Fortune 500 companies. Read More >

Wall Street’s Return: Wonderful or Frightful?

It's official: Wall Street's back. That is, the banking industry is just about back to where it was before the financial crisis of 2008 with respect to both profits and staffing. And so, depending on where you stand, the Return of Wall Street is either a sugary sequel to a superhero blockbuster, or a gory sequel to a frightening slasher flick. Read More >

The State of the Graduate Job Market (Infographic)

It's graduation season, which means that it's also that time of year where you start seeing lots of articles about the most inspiring graduation speeches, along with the occasional piece on how this generation is, like, the least well-equipped for the workforce, like, everrrrr. Turns out, though, that the disdain runs both ways: Accenture's most recent U.S. College Graduate Employment study finds that just 15% of graduating students this year want to work for a large company. Read More >

A Company with No Managers—How Would You Fare?

For those of us who cover careers, Zappos and its CEO Tony Hsieh are more than watchwords for hassle-free shoe-shopping: they're consistently pushing the boundaries of organizational design. In other words they're at the forefront of defining what it means to be a company, and an employee, in the age we live in-with Hsieh assuming the role of one of the leading org design thinkers of that age. Read More >

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