Top 50 Banking Employers

Top 50 Banking EmployersTop 50 Banking EmployersThis morning, prior to the Vault-sponsored forum The Future of Banking Salaries, Sectorsand Uncle Sam, at the New York Academy of Sciences, located on the 40th floor of 7 World Trade Center in Downtown Manhattan, Vault released its latest rankings of the 50 most prestigious banking employers in North America.Just as the cloud cover began to lift on the horizon, echoing the future of the banking industry itself, Vaults CEO Erik Sorensenrevealed thatalthough the top three most prestigious firms didnt budge from their rankings a year ago, there welches a lot of movement in the rest of the rankingsand reason to believe that those firms at the top could be facing some stiff competition next year.For the 10th year in a row, Goldman skramasax ranked as the most prestigious North American banking employer. With a score of 8.519, the New York-based firm beat out The Blackstone Group, which retained the 2 spot, scoring 8.158. Morgan Stanley again ranked 3, with a score of 7.696, while J.P. Morgan Investment Bank jumped a spot to 4 (7.613), and Lazard moved up two places to 5. Absent from the top five this year was Lehman Brothers, which famously filed Chapter in September 2008. Beyond the top five, many firms took big leaps in the rankings. Moelis Company soared 29 places from 42 to 13, Nomura went from not cracking the top 50 a year ago to landing at 26, and Evercore Partners leaped 17 places to 8. Two other firms made double-digit jumps Perella Weinberg Partners and Oppenheimer Co. both rose 11 notches Perella Weinberg took the 12 spot, and Oppenheimer ranked 24. Heres a breakdown of the major trends in this years prestige rankings Prestige*Goldman Sachs retained the top spot but its scored fell to 8.5 this year vs. 9.1 belastung year (a 6.7% fall) *The top four firms this year all scored less than they did last year (their scores falling an average of 3.2%)*Moelis Company, which rose 29 spots in the rankings from 42 t o 13, scored 5.9 this year vs. 4.15 last (a 42% rise in score) *Evercore Partners, the second biggest riser among the top 50, scored 6.75 this year vs. 5.26 last (a 28% rise in score) *Citi Consumer Bank, the biggest loser in rank among the top 50, scored 4.1 this year vs. 5.5 last (a 25% fall in score) *This years top 25 firms rose, on average, 5.4 places in the rankings*This years top 25 firms ranking scores rose an average of 3.5% Along with rating other firms in terms of prestige, Vaults Banking Survey asked respondents to rate their own firms in terms of several quality of life and diversity categories. Heres a breakdown of the major trends in those rankings Best To Work For*brde year, the top seven firms all scored over 9.0 this year, only the 1 firm, Centerview, scored above a 9.0*Moelis Company dropped from 2 to 12, while UBS dropped from 3 out of the top 15*Goldman Sachs jumped from 4 to 2 (but its overall score fell by 0.3 points) Overall Satisfaction*Moelis Company fell 10 places (and its score fell from 9.45 to 7.96)*Baird was up 12 spots (and its score rose from 8.269 to 8.654)*Last year, the top 15 all scored above 8.3 this year, only the top seven firms scored above 8.3 Selectivity*UBS Investment Bank fell nine places in the rankings (its score falling 8.5 to 8.0), while Citi Institutional Clients Group jumped eight places (its score rising from 7.7 to 8.7) *Last year the top score was 8.7 (Evercore) this year the top score was 9.17 (Houlihan Lokey)*This year the top five firms all scored higher than last years 1, Evercore Compensation*Centerview Partners was the new 1 during its first year in the guide*Citi Institutional Clients jumped 12 spots in the rankings*This years scores were similar, overall, to last years Hours*Moelis did not earn a ranking this year or last year*J.P. Morgan Investment Bank jumped 14 spots (6.6 to 7.6) Goldman Sachs jumped six places (but its score fell from to 6.9 to 6.8) *Last year the top 10 all scored higher than 7.0 this year only the top six scored higher than 7.0 Treatment by Managers*Goldman Sachs rose 9 places (8.8 to 9.2) *Moelis fell 13 spots (9.4 to 7.6) *Last year the top 15 all scored above 8.5 this year only the top 6 scored above 8.5 Offices*Baird rose 15 places in the rankings (its score falling from 6.3 to 7.3) *UBS fell 8 places (its score slipping from 7.6 to 6.7) *Scores were similar, on average, overall this year versus last Training*Citi Institutional Clients Group rose 12 places (its score rising from 7.7 to 9.1) *Moelis fell six places (its score falling from 8.7 to 7.5) *Last year the top eight firms all scored over 8.7 this year only the top four firms scored above 8.7 Diversity*Moelis fell significantly in all three diversity categories (women, ethnic minority, LGBT) *Cowen and Company rose significantly in all three categories*Overall, scores fell slightly, on average, across all categories For the complete rankings, follow this link.

Tips on a Happy Marriage for Working Moms

Tips on a Happy Marriage for Working MomsTips on a Happy Marriage for Working MomsAfter working all day, feeding the family, cleaning the kitchen and putting the kids to bed, the last thing on your mind is how to build a happy marriage. But a happy marriage is the foundation for your familys well-being. It deserves your attention. If you take a few minutes every day to focus on keeping your marriage happy, everyone will be better off including you. Date Night Works Its the oldest piece of advice for a reason date night really helps keep your marriage happy. You dont need to have a standing babysitter every Friday night, like Barack and Michelle Obama, but you must devote one-on-one time to your spouse on a regular basis. The work of raising children and supporting a family is all consuming. Its easy for your marriage to become an afterthought. When you have a regular time set aside, youre forced to build that connection. If youre concerned about the cost of child care for a wee kly date night, get creative. Can you ask a neighbor to sit in your house during the kids nap on Saturday afternoon so you can get out for coffee as a couple? Or consider having a regular date morning breakfast after the kids get on the school bus. You can negotiate flexible hours at work to accommodate arriving an hour late. As a bonus, youll be alert and fresh. You may even find conversation flows more easily and you have more energy for your spouse compared with dinner at the end of a long week. Think of Your Spouse First Imagine if every morning you woke up asking, How can I make my husbands day as special and wonderful as possible? And if he woke asking the saatkorn question? Youd be guaranteed a happy marriage. Now I realize thats not a realistic daily occurrence. We so often wake up thinking, Is it my turn to bring snack for soccer practice? But if you at least try to put your spouse or partner first, and he does the same for you, youll be a step ahead. And those times w hen you each think of the other first? Its as beautiful a moment as reading a classic O. Henry story. Communicate With Words A happy marriage would be simple if we all could read minds. Unfortunately, my husband communicates best by hearing words that I speak. Im betting yours does too. Dont expect your spouse to guess why youre upset or to know what will help you. You have to ask for what you need, whether its time alone or a big hug or for him to pick up his dirty socks from the floor. Trust me, hell thank you for spelling out the solution to your bad mood. He loves you more than anyone in the world he wants to fix the problem. When you ask for what you need, whether its emotional support or household chores, it helps to use the manners mama taught you. The same request comes off very differently if its done with a smile and a hug, as opposed to a whiny tone or angry face. Say Thank You and Sorry And while Im on the topic, many a marriage has been saved by a well-timed ap ology. Even if you dont think you did anything wrong, cant you honestly say that youre sorry to see your spouse so upset? When your partner is furious or hurt, the most important thing is to hear his anger. Dont get defensive and launch into explanations. Let him know you are listening by giving the gift of empathy. It wont kill you to say Im sorry, and it may just take the wind out of his sails. Certainly, it allows him to admit he might have been in the wrong also. And when your husband does something special for you, even if you had to ask for it, make aya to say thank you. There are other much-appreciated ways to reward a man, so consider one of those too. Touch Each Other That brings us to the bedroom. Yes, a fulfilling sex life is an integral part of many happy marriages. But just as important are the hugs, kisses and casual touches that remind you of the time when you met and fell in love. Before kids, before the mortgage, before the bills. When youre raising babies and y oung children, their physical demands can be exhausting, especially for moms. So you need to make a conscious decision to save some energy for a physical connection with your husband too even if it means leaving the laundry or the email or the thank you notes for another day. You may not be in the mood. You may feel uncomfortable with your post-baby body. But if you start to let your sex life slide, you can quickly become little more than roommates with the man who was once the love of your life. And you may find that once you start feeling romantic and enjoying intimacy again, you tap into your pre-mommyhood libido. Assume Good Intentions ur society is so focused on grievance and complaint. Its easy to develop a narrative in your head about what your spouse has done wrong and how to put upon you are. Keeping mental lists of wrongdoing is a sure recipe for drama and turbulence in your home. Instead, try to think of a positive reason that he might have for acting the way he did. Maybe he forgot to pick up the kids at daycare because he was working hard to support your family. Maybe he ignored your mother-in-laws nasty comment about working moms because he didnt hear it. Maybe he was going to get to the dirty dishes in the sink after the kids were asleep, and then he got distracted by the bills. Your made-up explanation may not be the right one, but thinking through the alternatives gives you space to imagine that there are valid reasons for his actions. The next step ask him what was going on. You can even have the conversation on date night

6 Basic Tips for Writing Cover Letters

6 Basic Tips for Writing Cover Letters6 Basic Tips for Writing Cover LettersAre you paying enough attention to your titel letters? They are your chance to explain to employers why you are perfect for their company. But job seekers often see them as an annoying, and even skippable, part of the application process. I completely disagree- I recommend always including a titelseite letter. Beloware sixof the most basic tips for writing cover letters.Here are six tips for writing cover letters1. Cover letters shouldnt be more than a page long, and not more than 250-400 words.A cover letter is meant to be an introduction- abriefone- to showcase your best qualifications, a little bit of your partieality, and to answer any questions the employer posed in the job description. Keep it short and simple.2. If emailingyour resume,your cover letterIS the body of your email- dont attach the letter.If youre ever tempted to write an email stating that your cover letter is attached, dont. Simply copy a nd paste your cover letter into the body of your email.3. Address every question asked in the job description.Employers like to list specific things theyre looking for in the job description, and they may also ask you questions or ask you to include specific information in your application. The cover letter is a great place to include whatever theyve requested or to answer their questions.Look out for things like requests for salary requirements, software knowledge, and degrees earned.Pay attention to questions like, Why do you want to work for this company?Read the job description several times to make sure you dont miss any of these details.Many hiring managers will eliminate candidates who dont follow the instructions in the job description.4. Name drop.If you know someone at the company who will help with your application, or will recommend you to the hiring manager or human resources group, include their name in your letter.It might feel strange to name drop like this, but its essential for making your application stand out. Having the endorsement of a person who already works at the company goes a long way to helping job seekers get to the next step in the process the interview.5. Dont use a form letter for each job.While there are some basic parts of your cover letter that can be used for several jobs, dont send the same exact cover letter with each application. Take a moment to address your interest in this particular company and this particular job.You also run the risk of sending the wrong letter to the wrong company. Addressing your letter to one company when its meant for another is never a good move.6. Read, re-read, and re-re-read your letter before you send it.I can almost guarantee there will bea typoin this blog post (perhaps even this paragraph) because every time I remind job seekers to proofread their letters and resumes, I make a typo, and I get called on it every time. Thats why its so important to proofread your cover letters multiple ti mes.Its one thing for me to get called on this- its another thing entirely for a job seeker to get called on it by a company for which theyd like to work.Read them slowly and outloud. Ask friends or family to read them. And dont skip proofreading a single letter, ever. Youll be very glad you spent those extra 30 seconds to do so.Cover letters are a much-debated topic in the job market to send or not to send, that is the question.I say, send.But send a good one. One thatis unique for the company and the position,has been proofread,answers questions from the job description,and portrays your best qualifications for that specific job and that specific company.Yes, it will take you more time to complete applications this way. But over the long haul ofyour job search, this act will most likelysaveyou time.Find more cover letter tips here.Readers, what are your thoughts on writing cover letters? Tell us by leaving a comment below