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Category: Workplace Issues

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 >

Vault's 2015 Consulting Rankings Are Here!

It's been quite a year for changes in the consulting industry, which is apropos for the launch of our 2015 Consulting Industry ranking-the pendulum for "Best Consulting Firm to Work For" has swung back to Bain this year, with the firm beating McKinsey to pole position by the slenderest of margins, powered by incredible performance across our individual Best to Work For categories.   Out in the industry, the biggest change is easy to identify: the deal that saw Booz & Co. Read More >

Use Those Vacation Days!

The last two weeks of August are upon us. Still not sure if you will take vacation? Thinking you might just take a long weekend instead of a full week off, because there's just too much to do? Or are you thinking, it's a slow time at the office, may as well stick around and be productive while things are quiet? Think again. Neuroscientist, musician, professor and best-selling author Daniel J. Read More >

Vacation Auto-delete for Email: Good Policy or Bad for Business?

Over on his Marginal Revolution blog, Economist Tyler Cowen reports that German auto firm Daimler has given some 100,000 employees the option to have any incoming emails auto-delete while they are on vacation. According to the FT piece cited by Cowen, "The sender is notified by the 'Mail on Holiday' assistant that the email has not been received and is invited to contact a nominated substitute instead. Employees can therefore return from their summer vacation to an empty inbox. Read More >

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SALARY FINDER

SALARY FINDER

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