Vanguard Investments Australia

  www.vanguard.com.au
  www.vanguard.com.au
There are newer employer reviews for Vanguard Investments Australia

 

good company to work for

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Investment Representative in Scottsdale, AZ
Current Employee - Investment Representative in Scottsdale, AZ

I have been working at Vanguard Investments Australia

Pros

This is a great place to work if you are just starting out and want to work your way up.
If you have the initiative and are willing to relocate, you can eventually do well though the salaries are low.

Cons

Low pay.
somewhat redundant work
no opportunity for performance based bonus or commissions.

Advice to ManagementAdvice

Give employees more financial incentives to do well and to stay with the company.

23 Other Employee Reviews for Vanguard Investments Australia (View Most Recent)

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  1.  

    Reputation isn't everything

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Processing Associate in Malvern, PA
    Former Employee - Processing Associate in Malvern, PA

    I worked at Vanguard Investments Australia

    Pros

    The 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.

    Cons

    The 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 Ineffective/outdated problem-ridden technology (my department used an outdated DOS system which was constantly having problems), crushing workload, understaffed - each person does the work of 2.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 ManagementAdvice

    Provide 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.

    Doesn't Recommend
  2.  

    A strong employer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Supervisor in Valley Forge, PA
    Former Employee - Supervisor in 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. Vanguard is very reluctant to do any layoffs and they try hard to find areas where struggling employees will have increased chances for success.

    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 unrealistic to achieve an 'exceeds expectations' review. A flip side of their commitment to finding employees a better job is that a few people who really do need to be let go due to poor performance can sometimes stick around too long.

    Advice to ManagementAdvice

    Provide more project opportunities to young employees.

There are newer employer reviews for Vanguard Investments Australia

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