Not how they do it in PHILADELPHIA

[Traianvs]

I accepted a position in Brussels with IceCube, but the visa process is much more involved than Swedens. It is doing the same sort of thing as I was before, but also short term.

I am currently unemployed (which sucks) while I wait to get my visa for Belgium (next month).

Feeling a bit unmotivated despite almost being finished with the first?? experimental search for secluded dark matter.

JM

Hah cool, it's where I live! Some googling led me to the IIHE at VUB or ULB. Which university is it? As it happens I'll be quitting my work at the VUB at the end of this month, but I'll continue turning up there often enough

Welkom, soyez le bienvenu, welcome and wilkommen!

[dannubis]

OK. Brussels...

[Asher]

Also, I was promoted yesterday, *****es. Y'all can call me Dr. Vice President from now on...

What percentage of investment bank employees have the title of Vice President?

[Hauldren Collider]

Are we including Junior Assistant Deputy Vice Presidents or are we only going as low as Deputy?

[Hauldren Collider]

Also I think in light of his new promotion, KH should change his username to Joe Biden. Or maybe Dick Biden, or Joe Cheney.

[Jon Miller]

I know there are a few vice presidents, but still it sounds like middle management or better, surely a lot closer to the money?

I will be at VUB.

JM

[Asher]

It seems like half the people I worked with were VPs. It was very confusing.

[Hauldren Collider]

It's the Lake Woebegon of corporate ranks.

[KrazyHorse]

It seems like half the people I worked with were VPs. It was very confusing.

It is a large number. Not half, but not a tiny fraction either...

[Asher]

I always assumed the "Vice" referred to the personal failings of the people. From what little I knew about some of their personal lives, they were all gluttonous pigs in some way or another.

That said, congrats.

[KrazyHorse]

It's public recognition for a job well done rather than any change of responsibilities. The main immediate, concrete benefit is an extra week of vacation every year.

[Tupac Shakur]

What's the rationale for calling relatively low-level employees "vice-presidents"? I suspect it's a perk that gives up-and-comers an easier time with New York gold-diggers, but I could be wrong.

edit: Wharton explains it...

Inflation, everyone agrees, hasn't occurred just at the C-level. Stevenson remembers that in her old firm, "they changed a lot of people's titles from 'senior analyst' to 'vice president.' Senior analyst actually means something, but in the investment banking world, it is a pretty low rung. So people got new titles even though nobody's job changed." Or, as Cappelli says, in the investment banking and brokerage industries, just about everyone is a vice president, including "the guys opening the door and serving you coffee."

Wharton marketing professor Len Lodish agrees. Vice presidents in the financial services industry "are typically sales positions. That's no big deal. And now even the title of president has been hit with inflation. The number of presidents within organizations has risen significantly in the last 15 years, especially as the pressure increases on companies to stay competitive when it comes to hiring and retaining employees." Yet it's still "just inflating titles. The companies aren't organized any differently; they are just giving people different titles. Being president doesn't mean what it once did."

http://knowledge.wharton.upenn.edu/article.cfm?articleid=1748

[MRT144]

It's public recognition for a job well done rather than any change of responsibilities. The main immediate, concrete benefit is an extra week of vacation every year.

More time to scuba.

[KrazyHorse]

What's the rationale for calling relatively low-level employees "vice-presidents"? I suspect it's a perk that gives up-and-comers an easier time with New York gold-diggers, but I could be wrong.

edit: Wharton explains it...

Inflation, everyone agrees, hasn't occurred just at the C-level. Stevenson remembers that in her old firm, "they changed a lot of people's titles from 'senior analyst' to 'vice president.' Senior analyst actually means something, but in the investment banking world, it is a pretty low rung. So people got new titles even though nobody's job changed." Or, as Cappelli says, in the investment banking and brokerage industries, just about everyone is a vice president, including "the guys opening the door and serving you coffee."

Wharton marketing professor Len Lodish agrees. Vice presidents in the financial services industry "are typically sales positions. That's no big deal. And now even the title of president has been hit with inflation. The number of presidents within organizations has risen significantly in the last 15 years, especially as the pressure increases on companies to stay competitive when it comes to hiring and retaining employees." Yet it's still "just inflating titles. The companies aren't organized any differently; they are just giving people different titles. Being president doesn't mean what it once did."

http://knowledge.wharton.upenn.edu/c...articleid=1748

The first paragraph makes sense. The second (Lodish quotes) indicate that the speaker has never worked in financial services.

[KrazyHorse]

What's the rationale for calling relatively low-level employees "vice-presidents"? I suspect it's a perk that gives up-and-comers an easier time with New York gold-diggers, but I could be wrong.

edit: Wharton explains it...

Inflation, everyone agrees, hasn't occurred just at the C-level. Stevenson remembers that in her old firm, "they changed a lot of people's titles from 'senior analyst' to 'vice president.' Senior analyst actually means something, but in the investment banking world, it is a pretty low rung. So people got new titles even though nobody's job changed." Or, as Cappelli says, in the investment banking and brokerage industries, just about everyone is a vice president, including "the guys opening the door and serving you coffee."

Wharton marketing professor Len Lodish agrees. Vice presidents in the financial services industry "are typically sales positions. That's no big deal. And now even the title of president has been hit with inflation. The number of presidents within organizations has risen significantly in the last 15 years, especially as the pressure increases on companies to stay competitive when it comes to hiring and retaining employees." Yet it's still "just inflating titles. The companies aren't organized any differently; they are just giving people different titles. Being president doesn't mean what it once did."

http://knowledge.wharton.upenn.edu/c...articleid=1748

The first paragraph makes sense. The second (Lodish quotes) indicate that the speaker has never worked in financial services.