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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

Guess Which MBAs Earn the Most

by Phil Stott  |  January 11, 2016

Are you looking for proof that, the higher you go in an organization, the less likely you are to be a victim of pay discrimination because of your gender or race? Sorry about that: As the above chart from Bloomberg shows, even at post-MBA level, a pay gap exists not only between members of different racial groups, but also between men and women within those racial groupings. At the top of the hierarchy: white and Asian males. At the botto Read More >

How to Tell If College Is Worth It

by Phil Stott  |  January 06, 2016

In all the discussion over student debt and the question of how big a crisis the ever-expanding mountain of it represents to the future prosperity of today's students, it's often easy to overlook one key factor: not all debt is created equal. While expensive, the cost of a medical degree or an MBA can often be paid back more easily than, say, the loans for a MFA that doesn't necessarily lead to a lucrative career. But it turns out that there's much more than simple choice of major involved... Read More >

Here's Where the Journalism Jobs Are

by Phil Stott  |  December 14, 2015

The good folks over at Pew Research Center recently published an in-depth analysis of the make-up of the Washington Press Corp, including details of how it compares to 2009. No, wait, don't leave yet: as niche as that might sound as a topic, it's something that should be of interest to anyone who cares about where our news comes from--and especially if a career in the media is something that you've grown up with a burning desire to pursue. Consider, for example, the following chart,... Read More >

Are Student Loan Repayments the New Killer Perk?

by Phil Stott  |  December 09, 2015

Whoever is doing PR for Natixis Global Asset Management should get a holiday bonus: a new employment perk aimed at millennials has earned the firm more positive press this week than any HR-related story since that guy who set his firm's minimum wage at $70,000. In case you missed it: Natixis announced that it was going to start contributing up to $10,000 towards student loan debt for every employee who had been at the firm for at least five years. < Read More >

Why You Should Forget About Holiday Networking

by Phil Stott  |  December 02, 2015

If you spend long enough writing about careers-or looking for a job-you start to notice certain patterns in the advice that you see elsewhere. Just as fall brings a rash of advice for those going through on-campus recruiting, so the start of a new year brings exhortations to turn over a new leaf, make resolutions, and make this year the one where you finally get serious about changing your life. The holiday season, though? That's all about one thing, here in the advice blogosphere:... Read More >

Students: How to Find a Job Over the Holidays

by Phil Stott  |  November 23, 2015

With the holidays around the corner, it may seem like on-campus recruiting is tailing off, but December can actually be an interesting month for finding full-time and summer positions. The reason: right around this time of year, responses to offers are flowing in from students-and, because many candidates will have received multiple offers, lots of firms find themselves with a recruiting shortfall to fill over the next couple of months. Here's where your opportunity lies, and what firms... Read More >

There's Nothing You Can Do About Your Student Loans

by Phil Stott  |  November 09, 2015

Just in case you needed any more proof that we're not likely to see a sudden U-turn from the government over the ability to clear student loans in bankruptcy, Bloomberg has another story on the subject for us today-this time detailing the lengths that Uncle Sam will go to in order to ensure that your loan will not be dischargeable in bankruptcy. The piece focuses on the case of on Tangerie Shells, a social worker with an elderly mother disabled husband, and Read More >

The Top Tech Job Search Terms

by Phil Stott  |  November 04, 2015

The speed of change in the tech industry can be one of its biggest selling points or its greatest threat to your career, depending on your perspective. For proof of that concept, consider the list of the most-used terms in tech job postings, which come to us courtesy of Textio, a startup that is dedicated to predicting the performance of all kinds of written material online. Having identified some 50,000 phrases that can affect the "number, quality and diversity of candidates who apply" to... Read More >

This Interview Question Could Change Your Career

by Phil Stott  |  October 23, 2015

There's a good post over on Quartz today that's all about millennial career dissatisfaction. While the whole thing is worth a read-regardless of whether you're a millennial yourself or an old who's all but given up on trying to figure the kids out and is just looking forward to the sweet release of death/retirement so you won't have to read any more think-pieces about how to inspire them anymore-one point in particular stood out to me from a career perspective. I'll get to that point in a... Read More >

Is the Student Loan System on the Brink of Destruction?

by Phil Stott  |  October 14, 2015

In news that will bring hope to the heart of many a debt-saddled millennial, a federal court in Boston is currently considering an appeal by someone who is hoping to be able to break the decades-old restriction on discharging student loan debt in bankruptcy. If the court finds in the favor of 65-year old Robert Murphy, allowing him to discharge more than a quarter of a million dollars of student debt, there are potentially massive ramifications for the student loan industry as a whole. The... Read More >

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