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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

The Best Recommendation Letter Ever

by Phil Stott  |  June 08, 2015

John Nash was a Nobel prize-winning mathematician whose life was made all the more memorable through its portrayal in the movie A Beautiful Mind. Following the death of Nash and his wife, Alice, in a car crash last month, Princeton University has lifted the restriction on Nash's graduate school files. Amidst the files are plenty of examples of what the school describes as "the more mundane aspects of Nash's life"--items that it suggests may help the mere mortals among us to connect to Nash... Read More >

Republican or Democrat: Which Way Does Your Industry Lean?

by Phil Stott  |  June 03, 2015

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. For example, here are a handful of insights gleaned from the data: Most Republican-leaning Industries: Fossil Fuels (89% Republican) Farming & Forestry (72% Republican) One interesting point to note about Farming & Forestry,... Read More >

When Should You Quit a Job on Principle?

by Phil Stott  |  June 01, 2015

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. For example, I could look at the... Read More >

Is Salary Negotiation on the Way Out?

by Phil Stott  |  May 27, 2015

Would you take a job with a company if they gave you a take-it-or-leave-it salary offer, with no negotiation? According to a Wall Street Journal article today, that's exactly the approach being taken by a number of Silicon Valley startups, including Reddit, Magoosh, and Jet.com. The article notes that one of the major reasons that firms are pursuing such a policy is to promote equal pay, and cites research that "has shown that men are about four tim Read More >

Bain: Why There Are So Few Women Business Leaders

by Phil Stott  |  May 22, 2015

It's a well-known fact that women make up just 5% of the CEO class among Fortune 500 companies. According to a new report by Bain and Company, that's unlikely to be changing anytime soon--it found that despite starting their careers with more desire to reach the executive suite than men, and higher levels of optimism that they can achieve the goal, by the time they hit the midpoint of their careers, women are significantly less likely than men to want to make it to the top, or believe tha Read More >

A Hidden Cost of Grad School Finance

by Phil Stott  |  May 20, 2015

As I mentioned a few weeks ago, I'm currently pursuing a Masters degree online,  which I'm 2 months into (or 4 credits out of 48). In my first post about the experience, I jokingly compared the cost of going back to school to a number of different life events, but there was one part of the costing process that I hadn't counted on, and that I've found to be kind of infuriating so far. Here's the issue: when I first started looking at ways t Read More >

The State of the Graduate Job Market (Infographic)

by Phil Stott  |  May 13, 2015

It's graduation season, which means that it's also that time of year where you start seeing lots of articles about the most inspiring graduation speeches, along with the occasional piece on how this generation is, like, the least well-equipped for the workforce, like, everrrrr. Turns out, though, that the disdain runs both ways: Accenture's most recent U.S. College Graduate Employment study finds that just 15% of graduating students this year want to work for a large company. It's not that... Read More >

A Company with No Managers—How Would You Fare?

by Phil Stott  |  May 11, 2015

For those of us who cover careers, Zappos and its CEO Tony Hsieh are more than watchwords for hassle-free shoe-shopping: they're consistently pushing the boundaries of organizational design. In other words they're at the forefront of defining what it means to be a company, and an employee, in the age we live in-with Hsieh assuming the role of one of the leading org design thinkers of that age. As such, what happens at Zappos may well come to have an influence on how the rest of us live and... Read More >

Long Hours: How to Fake it Like a Top Consultant

by Phil Stott  |  May 06, 2015

Color me shocked: a recent study has found that many consultants who claim to be working 80+ hours per week may be faking at least some of them. According to a NY Times piece on the research, employees at "one elite consulting firm" with a "strong culture around long hours and responding to clients promptly" split into three dis Read More >

Employee Reviews: What Are They Good For?

by Phil Stott  |  April 27, 2015

When was the last time that you had an employee review? Now ask yourself the same question, but tack on the words "that served any purpose beyond paper-pushing" to the end. Do you still get the same answer? If not, you're not alone: according to a recent Wall Street Journal piece, many companies are finally coming to a realization that their employees had a long time ago: most employee review systems are terrible. The reasons for that are manifold, with the Journal Read More >