Subscribe to the Vault Workplace Issues RSS Feed.

Category: Workplace Issues

Why ‘Cultural Fit’ Hiring Is Detrimental to Law Firm Diversity

Last week my colleague Derek Loosvelt aptly discussed the dangers of "cultural fit" hiring, drawing on some examples from Vault's surveys of banking and consulting professionals as they relate to Lauren Rivera's opinion piece in last week's NY Times. Read More >

Young Banker Loses Two Jobs Over One Email

Poor Justin Kwan. The second-year Barclays banker thought he was merely making a harmless joke or two when he sent an email to the new class of summer interns with the subject line "Welcome to the Jungle" and including in its body the "10 Commandments" of the power and utilities banking group, of which he was a part. Instead, Kwan's email, which was anything but harmless (in fact, it was quite humorless), was quickly posted on scores of websites, including Gawker, Dealbreaker, and WSJ. 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 >

Republican or Democrat: Which Way Does Your Industry Lean?

Does your occupation determine your political leaning, or your political leaning dictate which occupations you'd consider? Either way, a recent study from Verdant Labs provides some fascinating insights into the political divisions across the workforce. 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 >

Does Hiring Based on 'Cultural Fit' Encourage Discrimination?

My first job after graduating college was working as a financial analyst for an investment bank in New York. A couple weeks into that first job, one of the associates I worked with told me how the behind-the-scenes decision making process went in my hiring: The managing director of the group in which I worked wanted to hire another candidate with a higher GPA and better (more directly-related) internships. Read More >

The Wildest and Craziest (and Maybe Most Helpful) Commencement Speech of 2015

Except for processed meat and pie, there's nothing America loves more than comebacks, underdogs, and crazy rambling acceptance speeches. Which means America must love Matthew McConaughey, the Texas-born actor who staged quite a career turnaround on his way to an Academy Award in 2014, and gave quite a strange speech upon accepting that award. 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 >

The One Job Robots Can’t Do (Yet)

"The robots are coming! The robots are coming!" This is more or less the thesis statement of Martin Ford's latest book, The Rise of the Robots: Technology and the Threat of a Jobless Future. According to Ford, who is the founder of a Silicon Valley software development firm and an author of a previous book about robots in the workplace, there's almost no job that a machine can't do these days, thanks to incredible advances in artificial intelligence. Read More >


Become a Vault Basic Member

Complete your Vault Profile and get seen by top employers