Phil Stott

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

Would You Get Plastic Surgery to Aid Your Career?

by Phil Stott  |  March 25, 2014

The New Republic is out this week with a lengthy look at Silicon Valley's obsession with youth, and the effect it has on hiring and VC funding in the industry. While the whole thing is worth reading, the standout section from a career perspective comes early, with the revelation that plastic surgery and Botox injections are becoming increasingly popular in the Valley, as ageing tech workers seek to keep up the appearance of youth.  Underlining the point, one cosmetic surgeon interviewed... Read More >

A Cheaper Way to Add Harvard Business School to Your Resume

by Phil Stott  |  March 25, 2014

There's nothing like the name of a top business school to make your resume more appealing to employers-which is probably why so many people are tempted to lie about it. Even for those who have the acumen and ability to cope with the workload, there are a couple of major drawbacks to signing up for an MBA: namely the cost, and the time out of the workforce.  Small wonder, then, that traditional MBA programs are finding their margins bein Read More >

Bad Jobs: What I've Learned from the Worst Jobs I've Held

by Phil Stott  |  March 18, 2014

As a follow-up to my recent post on the lessons I learned from the best jobs I've had, I've been thinking about some of the worst-or least enjoyable-positions that I've held in my two-plus decades in the workforce. While there have certainly been plenty of periods in my career where I haven't enjoyed the work I've done, or taken much more from it than the paycheck at the end of the day, there are a handful of positions that stand out as having been particularly dispiriting and difficult to... Read More >

Great Jobs: What I've Learned from the Best Jobs I've Held

by Phil Stott  |  March 12, 2014

I realized this year that, having found my first job while still in high school, I have now been in the workforce for more than two decades-and fortunate enough to have been able to find and hold employment for most of that period. Since those first forays into the world of work, I have held-as anyone who has looked at my profile page here at Vault will know-a variety of jobs in different industries, across three continents. While most would not fall into the neat categories that firms... Read More >

Career Capital: How Can Employees Get Ahead?

by Phil Stott  |  February 28, 2014

Just in time for International Women's day, Accenture has released the results of a study into factors affecting success in the workplace. Grouping their findings under the heading of "Career Capital", the report lays out what factors some 4,100 professionals in 32 countries identified as being most important to their careers, and made some interesting predictions about the future of the workplace-with some of the most interesting findings related to the ability of women to ascend the... Read More >

The 5 Best Strategy Consulting Firms

by Phil Stott  |  February 26, 2014

It's the time of year that we here at Vault are thinking one thing, and one thing only: surveys. To get the information from company insiders that informs our rankings and company profiles, we spend months surveying employees, reading the results, and condensing them to bring you the most accurate picture that we can of life within leading companies across a variety of industries. With the 2014 consulting survey launching next, I've been taking a look back at some of the results of the... Read More >

6 of the Best: Consulting Research Paper Roundup

by Phil Stott  |  February 19, 2014

With so much information competing for your attention, it can be difficult to stay on top of the latest developments and ideas in your field-and none more than consulting, where leading firms compete to produce game-changing ideas and insights.  Of course, one of the unfortunate by-products of all that research is that much of it is just not that interesting or relevant. As someone who spends a fair amount of time sifting through that research, I've rounded up a handful of the more... Read More >

You Won't Believe How Low Your Salary Falls on this Chart

by Phil Stott  |  February 11, 2014

First, apologies for the Upworthy-style headline format. But seriously, take a look at the chart below, from a recent New York Times piece on the divergence of global incomes. Note that the left-axis is denoted in millions of dollars. Now mark an x--real or imaginary (for the good of your device's screen, I'd recommend the latter)--where your own salary falls. If it's somewhere between those bottom two lines--welcome to the club. If it's anywhere else: what are you doing here when you could... Read More >

Should We Be Working Less and Sleeping More?

by Phil Stott  |  February 06, 2014

The Congressional Budget Office predicted earlier this week that one of the side-effects of the Affordable Care Act would be to eliminate the equivalent of 2 million full-time jobs, almost entirely as a result of "a net decline in the amount of labor that workers choose to supply."  Regardless of the politics of the issue, that concept--workers being able to choose to supply less labor--struck me as the latest example of a growing trend of employees having the opportunity to push down on... Read More >

Jobs and the SOTU: Does the President's Agenda Have a Chance?

by Phil Stott  |  January 29, 2014

President Obama's State of the Union speech last night focused to a large degree on jobs and, specifically, on two key planks related to labor: the need to create more jobs, and raising wages for those at the bottom of the compensation ladder. Here are the main takeaways from the speech on those issues:   Setting the scene  No State of the Union speech would be complete without a progress check. Here is the President's take on how we've been faring of late:  "The lowest unemployment... Read More >