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Category: Workplace Issues

McKinsey Named Top Consulting Firm to Work For in Europe

The results of our final consulting rankings for the year are in, and once again it is McKinsey that has dominated the prestige and Best to Work For categories in Europe-with Bain also emerging (surprise!) as one of the best firms to work for in the region (as both firms are wherever they operate). Read More >

3 Strategies to Make You a Better Public Speaker

Author and presidential speechwriter James Humes once commented, "Every time you have to speak, you are auditioning for leadership." Talk about pressure! Let's face it: if every single time you get ready to share your proposal, pitch, or project with your colleagues, clients or boss you think to yourself, "This is an audition for my professional future, so don't blow it, dammit!" you're likely to buckle under the pressure. Or just decide to keep your mouth shut. Read More >

Why Are Wall Street Women So Unsatisfied?

Last week I examined how much better Ivy League grads have it on Wall Street compared to non-Ivy Leaguers. This week I turn to women vs. men-specifically to women and men at the two most prestigious investment banks on the planet: Goldman Sachs and Morgan Stanley. I was curious to see, parsing our latest Banking Survey data, the difference between how men and women at GS and MS rate their respective firms in various workplace categories. Read More >

Do Ivy League Grads Have More Fun on Wall Street?

If you went to undergrad at one of the so-called Ancient Eight and work on Wall Street, chances are you're having a much better time than your non-Ivy League-educated colleagues.  That's what data from Vault's latest Banking Survey suggests. Consider the below table, in which we compare the ratings that Ivy League-educated banking professionals gave their firms in various workplace categories with those that non-Ivy League grads gave their firms. Read More >

The 2015 Asia-Pacific Consulting Rankings are Here!

There are few surprises at the top of our consulting rankings for Asia-Pacific this year, with McKinsey holding onto its top spot both on the overall ranking, and in prestige. As with last year, Bain & Co. finished in second place overall in the region. The results demonstrate the solid performance of the top players in the global industry across all regions, particularly with respect to working conditions. Read More >

Will a Robot Take Your Job?

For as long as there's been technology, there have been predictions that we'll eventually reach a tipping point where it destroys more jobs than it creates. In some science fiction, this is the stuff that futuristic utopias are made of: with the dirty jobs farmed out to robots, humans can focus on other pursuits. Read More >

How to Survive an All-Nighter

In college I used Mountain Dew and NoDoz. When I worked in investment banking, it was coffee and cigarettes. In grad school, I added black tea to the caffeine and nicotine mix. As it turns out, none of these concoctions is a particular healthy one to survive working an all-nighter. Which is what they were being used for. However, I wasn't too far off with at least one part of my homemade all-nighter survival remedy. In a recent BBC. Read More >

Why Wall Street Loves Military Veterans

Although work-life balance is getting better on Wall Street, entry-level investment banking positions are still incredibly grueling. Working 100 hours a week for several weeks in a row is not uncommon. Nor is feeling immense pressure to turn something around in a matter of hours that could cost your firm millions of dollars. And many senior bankers think nothing of screaming until their faces nearly fall off to get their points across. Indeed, working on Wall Street isn't for sissies. Read More >

An Open Letter to Wall Street Recruiters: What Junior Bankers Really Want

Dear Wall Street Recruiters,  I would first like to say that I do very much applaud you for making an effort: those "protected weekend" policies were a nice touch (and the least you could do in light of what happened last summer) and the 20 percent salary hikes just announced will not go unappreciated. Read More >

Have Wall Street’s Gay and Female Diversity Policies Gone Too Far or Not Far Enough?

Although Wall Street is still considered, in some corner cubicles, to be an "old school," "Waspy," "predominantly Caucasian male-dominated" industry filled with "ex-Ivy Leaguers," it has slowly been growing more diverse with respect to gender, race, and sexual identity. In fact, in the past five years, the industry has gone from not wanting to even talk about diversity issues to downright blasting them over loudspeakers. Read More >

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