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Phil Stott

Phil Stott is a Vault Editor. Since joining Vault in 2007, he has covered a variety of industries including consulting, consumer products and technology. He is also well-versed in general career issues, having worked in a variety of fields including freelance journalism, consumer banking, English language teaching, soccer coaching and more. Originally from Scotland, he holds an undergraduate degree in English Literature and Modern History and a Masters in Research in Civil Engineering. 


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All Posts by Phil Stott

Vault's 2015 Consulting Rankings Are Here!

by Phil Stott  |  August 19, 2014

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. join forces... Read More >

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

by Phil Stott  |  August 14, 2014

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." As... Read More >

"Don't Choose this Firm!" What the Unhappiest Consultants Say About Their Companies

by Phil Stott  |  August 05, 2014

As we gear up for the launch of the 2014-15 Vault Consulting rankings later this month, I've been spending a lot of time with the data collected from our survey, trying to figure out what makes the top firms different from the others in the industry. The answer to that question: happy employees-and lots of them. For more than that, you'll have to check back in when we launch the rankings on August 19th! However, it also occurred to me to take a look at the other end of the scale: the... Read More >

Newsflash: You Can Still Be Fired for Smoking Legal Weed

by Phil Stott  |  July 10, 2014

A cautionary tale out of Washington for those of you who can't wait to get your hands on some legal marijuana: one of the first people ever to legally buy pot in the Evergreen State has been fired by his employer, after being spotted on the news purchasing his bud. Mike Boyer, a 30-year old security guard and committed pursuer of altered states of mind, made history when he became the first legal buyer of pot in his hometown of Spokane, Wash. The buzz kill: according to the NY Daily News,... Read More >

How to Get a Job in Consulting

by Phil Stott  |  June 18, 2014

Looking for some tips on how to find a job in the incredibly competitive landscape of the consulting industry? Who better to ask than a a recently-hired consultant, then? James Ozturk recently graduated from Boston University with a degree in Economics and Engineering. As a newcomer to the U.S., he had the added disadvantage of starting his search without a robust network in place, and without any consulting experience to speak of. He now works as an Associate Marketing Director at a legal... Read More >

The Consulting Firm World Cup: Which Country Is Your Firm?

by Phil Stott  |  June 16, 2014

If your employer was a team at the World Cup, which one would they be? Those of us who follow the beautiful game closely know that the difference in style between the favorites for the tournament are as pronounced as the cultures of top firms the world over. Given that I won't be able to think about anything else for the next few weeks, I took the opportunity to ponder which of the countries competing in the world's most prestigious soccer tournament most closely resemble the consulting... Read More >

Has President Obama Solved the Student Loan Crisis?

by Phil Stott  |  June 09, 2014

If you're one of the millions of current or soon-to-be college graduates who are struggling under the burden of student debt, there's some good news: relief is on the way. The reason: an executive order from President Obama that extends the ability to cap student loan repayments at 10 percent of your monthly income, with forgiveness of any remaining balance after 20 years (or 10 years, if you go to work in the public sector). Those most likely to feel the benefits: anyone whose loans pre-... Read More >

A MOOC For Career Success

by Phil Stott  |  May 22, 2014

There are lots of online courses out there that could, theoretically, help you on your way to career success, especially if you're looking to pick up new skills (in fact, I wrote about one of them here). Typically, though, there's a drawback-the skills you acquire after a few weeks of online study tend to be fairly rudimentary, and require practice and use before you can confidently sell yourself on them in the job search process.  But what if there a MOOC that helped you to do just... Read More >

The Reality of the Job Market for Millennials is Not Pretty

by Phil Stott  |  May 13, 2014

Millennials. Whether you believe that they're the most entitled generation ever to walk the Earth, or the one most let down by the generations that have preceded it, there's no disputing that they've had it tough on the job front. Graduating into the worst economy since the Great Depression is no-one's idea of a good time, but it's a story that's sometimes difficult to comprehend for those who have enjoyed being able to hunt for a job during periods of relative prosperity.  A recent study... Read More >

Should You Disclose Your Salary in an Interview?

by Phil Stott  |  May 01, 2014

A friend recently asked me for advice on dealing with a scenario that will be common to many job seekers: he was getting pretty deep into the recruitment process with a firm, but no-one had mentioned money. When, he wanted to know, was the right time to bring it up? And, given that he feels significantly underpaid in his current position, how could he avoid being lowballed this time out?  While I make no claims to be an expert in the art of negotiating, it's definitely easier to provide... Read More >

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