Vanguard Investments Australia
3.2 of 5 23 reviews
www.vanguard.com.au Melbourne, Australia 5000+ Employees

Vanguard Investments Australia Reviews

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3.2 23 reviews

                             

100% Approve of the CEO

Vanguard Investments Australia Managing Director John James

John James

(1 ratings)

56% of employees recommend this company to a friend
15 Employee Reviews Back to all reviews
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    Looks good on a resume. That's about all.

    Processing Associate (Current Employee)
    Malvern, PA

    ProsStatus and reputation of the company, looks good on resume.

    ConsLow pay, understaffed (each staff member must do the work of about 2-3 people), files piled up the ceiling with angry customers who have been waiting for their issues to be resolved, but not enough staff (Vanguard is too cheap to hire an adequate number of people), antiquated DOS record keeping system that breaks down and even senior staff cannot resolve issues, unreasonable production demands, unfair method of calculating performance.

    Advice to Senior ManagementDevise fair methods of calculating performance where complex and problem issues receive more weight than simple transactions like changing a client's address. Get updated computer system and do away with DOS. Provide adequate, hands-on training instead of coma-inducing lecture-based training.

    No, I would not recommend this company to a friend

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    • Culture & Values
           
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    A great organization, thanks for thinking of the client

    Sales (Current Employee)
    Melbourne (Australia)

    ProsGreat purpose and they want to do the right thing. Working for a global company has lots of benefits. Very long term in thinking.

    ConsOnly 300 crew so promotions can take longer than a big bank but far less politics. Lots of change as they go global, so lots of early. Calls.

    Advice to Senior ManagementDon't let poor performers get away with not performing

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    What's all the fuss?

    Anonymous Employee (Current Employee)

    ProsLow stress, career development, lots and lots of opportunity to learn and increase your investment knowledge. Nice people. Fun people.

    ConsCareer development is in the employee hands. You must be a self-starter at Vanguard to advance. The pay is low when you're on the phones; but improves when you advance off the phones and into higher level investment positions.

    Advice to Senior ManagementGet to know your crew.

    Yes, I would recommend this company to a friend

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    • Work/Life Balance
           
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    GOod Job for college students

    Anonymous Employee (Current Employee)

    ProsGreat environment
    Great training
    Great job security
    Good place for a college student
    Great resume builder
    Really good retirement benefits

    ConsNot a lot of opportunity to move up in the ranks
    Duties of the job become repetitive and boring if you need variety

    Advice to Senior ManagementMake more opportunities for promotions and pay increases. Management shouldn't be so hard on they're workers. Entry level position should be at a higher salary

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    1 person found this helpful  

    Leave if you can.

    Anonymous Employee (Current Employee)

    ProsSteady. You don't need much of your brain to do a good job.

    ConsVery political. Some of the middle level managers are basically idiots. They don't treat their direct reports with any respect.

    Advice to Senior ManagementStart laying off the incompetents.

    No, I would not recommend this company to a friend

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Glassdoor is your free inside look at Vanguard Investments Australia reviews and ratings — including employee satisfaction and approval rating for Vanguard Investments Australia CEO John James. All 15 reviews posted anonymously by Vanguard Investments Australia employees.