Published: Mar 27, 2014
The so-called brain drain continues at beleaguered JPMorgan Chase.
A few days ago, a man named Fang Fang, the chief of JPMorgan’s Chinese investment banking unit, quit amid an investigation into the bank’s alleged practices of hiring people in Asia so their relatives in the government would send business the bank’s way.
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.
It’s another frigid day here on the East Coast, an uninspiring 31 degrees at the present moment, at what will hopefully be the tail end of a seemingly endless winter. But a hint of warm weather this past weekend plus the briefly heralded first day of spring last week has put summer on my brain.
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.
“New hire’s remorse”—at least under this name—is a recent phenomenon that we broached last week. Also called “shift shock,” it arises when an employee regrets taking a job because it isn’t the right fit or is completely different from what was expected.