There are newer employer reviews for Vanguard
There are newer employer reviews for Vanguard

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Helpful (7)

Great company for recent college graduates

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Client Relations Associate in Charlotte, NC
Current Employee - Client Relations Associate in Charlotte, NC

I have been working at Vanguard full-time (Less than a year)

Recommends
Positive Outlook
Approves of CEO
Recommends
Positive Outlook
Approves of CEO

Pros

-Benefits (18 Days off for entry level roles, 4% matching 401k, 10% yearly contribution to retirement, flexible schedules, tuition reimbursement, etc)
-Culture/work environment
-Work/Life Balance, the office is always empty by 6PM
-Paid holidays...only work when NYSE is open.
-Co-workers, everyone is always willing to help
-Great training programs
-Paid for Series 7&63 licenses
-Charlotte office is not directly in the city
-Plenty of OT opportunities
-High Ethical Standards/Morals...always doing what is best for the client
-Job Security
-Campus is about to open a gym and doctors office for employees

The pay is low to start out but there seems to be opportunities for advancement. For a younger person a few years removed from college or just coming out of college it is a great opportunity to learn the industry and put a big name company on your resume. For someone more experienced then Vanguard may not be the best place to work because of the lower wages.

Cons

-Pay is lower than competitors
-Inbound Call Center taking 50-80 calls a day in most positions
-In a cubicle all day
-Career progression appears to be slow
-Not much room for new ideas
-The job gets boring quickly and is not very challenging
-Not many team projects or ways to get involved
-You are on the phones all day, hardly enough time to check email and do career development activities
-Taking a position with a competitor could get you a 15-20% raise

Advice to Management

Vanguard is a good company and a solid place to work. However, if you really want to be the best company by 2020 then you have to raise the salaries. All the benefits do not make up for the lower salary. It is the best place to invest your money, but it isn't the best place to work.

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  1. Helpful (15)

    If you enjoy getting 3% salary increase for being a top performer-AZ location

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Brokerage Associate in Scottsdale, AZ
    Former Employee - Brokerage Associate in Scottsdale, AZ

    I worked at Vanguard full-time (More than a year)

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    great work life balance, vacation time unparalleled, you can buy an extra week vacation. Health insurance was great last year, but they updated to a cheaper plan thats just ok.

    Cons

    Pay your looking at starting out at 40-45k for a licensed jobs. Forget about a promotion unless your a brown noser. Your looking at 3% max a year. Mid year your looking at a 2k bonus which is nice but it still doesnt make up for all the bull that goes on in the organization. Too many people competing for job postings. they are very few and far between.

    Advice to Management

    treat employees like adults and rewards them accordingly. Dont try to lift employee morale by having management walk around and give everyone a high five or ice cream bars. It is so stupid that they do that. It only makes people want to quit.

  2. Helpful (2)

    Working at Vanguard is a career, not just a job.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Information Systems Engineer in Wayne, PA
    Current Employee - Information Systems Engineer in Wayne, PA

    I have been working at Vanguard full-time (More than 10 years)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Professional corporate environment. Excellent benefits, I get seven weeks off now. Great work / life balance. Plenty of opportunity to move around.

    Cons

    Under staffed IT departments lead to not enough people to do all the work. Near non-existent promotions for IT staff, you have to post for another position to get promoted.

    Advice to Management

    Management needs to review IT workloads within groups, certain areas lose key personnel because of workload / pressure.

There are newer employer reviews for Vanguard
There are newer employer reviews for Vanguard

See Most Recent

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