Vanguard Investments Australia

  www.vanguard.com.au
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23 Employee Reviews (View Most Recent)

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Reputation isn't everything

Processing Associate (Former Employee) Malvern, PA

ProsThe company has a good reputation and working here will look good on your resume. The benefits are good and the campus is a very attractive place.

ConsThe salaries are very low. The culture is conservative and corporate. Ineffective/outdated problem-ridden technology (my department used an outdated DOS system which was constantly having problems), crushing workload, understaffed - each person does the work of 2. Poor training - and training partners/mentors are held to same production standards as non-mentors, therefore not really available for the people they are mentoring. Performance assessments are calculated in an unbalanced/ineffective manner where complex transactions are weighted the same as simple transactions. Overall, the emphasis at Vanguard is on cheapness and this is most evident in the low salaries, the resistance to staffing fully and the resulting backlog and angry customers.

Advice to Senior ManagementProvide staff with up-to-date technology so that they can do their job effectively. Hire an adequate number of employees to handle the workload. Give training partners a lower production requirement so that they are available to work with their trainees. Use a fair method of calculating performance where complex transactions are weighted more heavily than simple transactions.

No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    A strong employer

    Supervisor (Former Employee) Valley Forge, PA

    I worked at Vanguard Investments Australia

    Pros: Great benefits and profit sharing. Vanguard is a fair employer when reviewing your performance and it helps that they care about career advancement.… Cons: Unrealistic expectations of what work life balance truly means. You can certainly work your 40 hours per week but anything less than 55-60 is… Advice to Senior Management: Provide more project opportunities to young employees. More

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Cheap is as cheap does

    Investment Associate (Current Employee) Malvern, PA

    I have been working at Vanguard Investments Australia

    Pros: Anonymity is probably the best thing about the place. It's huge… Cons: There's little left for the people at the bottom of the… Advice to Senior Management: Spread the love. Share the wealth. Rather than being so secretive about the company's true… No, I would not recommend this company to a friend More

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