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Category: Salary & Benefits

Q&A With a Working Mother on Wall Street

Hilani Kerr is the head of global foreign exchange product sales at Bank of America Merrill Lynch. During her two-decade career, she has worked in Europe, Asia, Australia, and, for the past three years, in New York. In addition to her busy work schedule, she and her husband are raising two daughters-an 11-year old and an eight-year old. I recently spoke to Kerr about how she balances her home life with her work life. Below is an excerpt from that conversation. Read More >

Long Hours: How to Fake it Like a Top Consultant

Color me shocked: a recent study has found that many consultants who claim to be working 80+ hours per week may be faking at least some of them. Read More >

Employee Reviews: What Are They Good For?

When was the last time that you had an employee review? Now ask yourself the same question, but tack on the words "that served any purpose beyond paper-pushing" to the end. Do you still get the same answer? If not, you're not alone: according to a recent Wall Street Journal piece, many companies are finally coming to a realization that their employees had a long time ago: most employee review systems are terrible. Read More >

Are Longer Hours Pointless?

Several of the industries that we cover here at Vault are plagued by cultures where 70+ hours per week are common. Folks in law, finance, and consulting regularly report difficulties with trying to balance their working hours and, well, anything else in their life that doesn't involve work. (I'm leaving out accountants for now-while they undoubtedly work long hours during peak periods, I'm assuming they're all still catching some post-tax day shuteye. Read More >

Has the Income Gap's Moment Finally Arrived in the U.S.?

"There's something wrong when CEOs make 300 times more than the American worker."-Hillary Clinton, yesterday, in Iowa. I include that quote not as any sort of endorsement of Hillary's nascent campaign, but rather as an indication that wages-and specifically the gap between the highest earners and the lowest-finally seems to have punctured the political consciousness of at least one of the most likely candidates for the presidency. Read More >

Save the Planet by Working from Home?

Working remotely isn't just good for your company-a fact touched on by my colleague in these pages a couple of days ago-it's also good for the planet. According to an Earth Day-timed press release from FlexJobs, telecommuting policies at just three companies-Xerox, Dell and Aetna-"cumulatively saved 95.294 metric tons of greenhouse gas emissions last year-equivalent to taking 20,000 passenger vehicles off the road. Read More >

50 Best Accounting Firms to Work For

Follow me @VaultFinance. Read More:Big 4 vs. Regional Accounting Firms: Is the Gap Closing? Read More >

Is Working Remotely More Efficient?

According to a recent study, 77 percent of employees say they're more efficient when working remotely rather than in the office. I, too, have found that I'm more efficient when working remotely. However, I'm not entirely sure why. And so, to try to get to the bottom of this, I spoke with Tim Eisenhauer, who's been working remotely for nearly 15 years with various startups and for the past nine years with a company he co-founded call Axero Solutions. Read More >

Why Is Silicon Valley So Un-Family-Friendly?

I find it endlessly fascinating and perplexing that technology, which is supposed to better our lives and simplify them, often proves to complicate our lives and make them more difficult. And it's not just the products that do this but the companies themselves-the employers behind the products. Read More >

How Student Debt Piles Up (And How to Stop It)

About half of American college students underestimate their debt levels, according to the Brookings Institution. It's especially easy to see why this can be the case for law students, who face high costs over multiple loans to cover three full years of school. With finals approaching, it's a great time to take stock of your debt load and make a plan for repayment when graduation arrives. Read More >


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