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

Want to be a Billionaire? Go to Harvard

by Phil Stott  |  December 02, 2016

Do billionaires (or people likely to become billionaires) go to Harvard, or does going to Harvard make you more likely to become a billionaire? Either way, one thing is for sure: the world's wealthiest college also happens to have the wealthiest alumni-by a long distance. As the chart below shows, Harvard can boast some 35 billionaire alum, almost 3 times the amount of the next-highest producer of the mega-rich in the country-Columbia. Among those alums with at least 10-figure net worths:... Read More >

The Best Company for Working Parents

by Phil Stott  |  November 30, 2016

Between working on rankings and getting our annual consulting guides out recently-not to mention keeping up with recent events in the political sphere-it's been a busy old fall here at Vault towers. So busy, in fact, that I completely missed a story that would normally fall exactly into our sphere of interest: the fact that one of the world's better-known clothing companies boasts a 100% retention rate for new moms. The company: Patagonia. The reason that stat is so remarkable? As the... Read More >

What Does the Election Mean for Your Career?

by Phil Stott  |  November 21, 2016

Hard as it may be to believe, given the volume of media coverage it's received, it is still less than two weeks since Donald Trump was elected to be the next President. And many people are still coming to terms with what the result-which it's fair to characterize as something of a surprise, given the pre-election polling-means for all aspects of their lives. Here at Vault, we're no exception to that-since the election, we've featured pieces on the potential ramifications of the result on... Read More >

What Does the Trump Presidency Mean for Student Debt?

by Phil Stott  |  November 14, 2016

Since the election results became clear last week, there's been no shortage of commentary about what we can expect from the soon-to-be-minted Trump administration on everything from foreign policy and defense spending to whether the President-elect will even live in the White House following his swearing-in. (Much of the speculation, of course, comes from that fact that the results took so many of us by surprise and has provided ample evidence that Read More >

What Trump's Victory Means for the Defense Industry

by Phil Stott  |  November 09, 2016

As we pick over the bones of the election result, one question that surfaces over and over again is this: how many of his campaign promises will President Trump be able to keep, and to what extent? Of particular interest to those in the consulting industry: Trump's spending plans, especially those that relate to defense—a corner of the industry that has taken something of a pounding since the sequester came into effect in 2013. The last time I looked into the figures, Read More >

How to Survive at Work When You Haven't Slept

by Phil Stott  |  November 07, 2016

With many in the nation set for a late night on Tuesday as the election results come in, the only guaranteed outcome at this point seems to be that, come Wednesday, workers across the country will be feeling the effects of staying up too late second-guessing the electoral map. Throw in the after-effects of a couple of nerve-calming drinks (not to mention a couple more for celebration/commiseration purposes), and we could be looking at a post-election productivity slump of epic proportions,... Read More >

How to Break Bad Habits

by Phil Stott  |  November 02, 2016

Fair warning: the video below is about cookies. Or, rather, not eating cookies. Or, to be completely precise, about the process of breaking the habit of eating cookies, which, in turn is a process that can be applied to almost any habit you'd like to rid yourself of as you pursue your life goals. Which, if you know anything about the sort of things we cover on this blog, is exactly the kind of thing we're interested in. If you don't want to watch the video, which comes to us via the Read More >

Is Creativity the Key to Workplace Happiness?

by Phil Stott  |  October 31, 2016

Want to be happy at work? It turns out that having a feeling of being in control of your destiny may be the key to the whole thing. And, as such, those who work in professions such as finance and accounting are less likely to be happy than their colleagues in sales, marketing or creative fields. As Paul McDonald, a senior executive at staffing specialists Robert Half, explains in the video below (which comes to us courtesy of the Wall Street Journal), a recent Robert Half study of some... Read More >

Boomers and Millennials Disagree About College. Who's Right?

by Phil Stott  |  October 18, 2016

As if we needed any reminder of how different today's economic environment is than the one that the Baby Boomer generation graduated into, consider the following chart, which comes to us via some research by the American Advisors Group. Note that this isn't a then and now comparison: this data represents attitudes today. And, despite everything they've seen, more than 1 in 4 boomers don't think that college education is important to career success at all, compared to Read More >

Why We Need a Debate About Outsourcing

by Phil Stott  |  October 10, 2016

By now, you've probably heard everything you could possibly want to about the election-unless of, course, you're hoping to hear anything about policy. Somewhere amidst all of the accusations and jail threats and leaked emails and audio recordings, there's a debate that should be about the future direction of the US as a country. A large section of that "would be nice to have" debate would surely center around jobs, and the economy, and the relative merits of concepts like wage and... Read More >