There are newer employer reviews for Vanguard

6 people found this helpful  

Just a job

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Project Administrator in Malvern, PA
Current Employee - Project Administrator in Malvern, PA

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

Pros

Most people are nice, lots of vacation days, flexible with hours, lots of "fun" things to participate in (United Way, Diversity, etc.)

Cons

Low salaries (60-70 for people in supervisor roles with MBA's and 10+ years experience), limited opportunites to go up any higher than supervisor, reviews are a joke (typically a percentage point or two for pay increases unless you are one of a handful), most people just happy to do the same job for years on end and just coast by, boring jobs, make mountains out of molehills, basically find one negative thing that you did and that becomes a huge deal on your review

Advice to ManagementAdvice

Other than salaries (which they don't even include on surveys anymore), find more career paths where you actually move up vs. just taking laterals for 10 years

Doesn't Recommend
Positive Outlook
Approves of CEO

700 Other Employee Reviews for Vanguard (View Most Recent)

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  1. 6 people found this helpful  

    Client is number one but employees are no longer valued

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

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

    Pros

    On site benefits
    Great reputation in investment community
    Fair benefits
    Work-life balance is a big plus
    401k match and contributions are above norm

    Cons

    Compensation changes have dramatically reduced employee pay over last few years.
    Employee 'stars' are identified early and are rushed through the promotional process as long as they behave and agree with their boss.
    It seems like management has to sell their soul to stay in good graces or they get pushed out. The good managers with experience are being moved out of the way for younger 'yes sir' replacements.
    HR talks the talk but division leaders push a more sinister agenda - must have good legal department.
    Diversity is pushed so aggressively from entry level up to middle management (no higher for some reason) that reverse discrimination is demoralizing to the rest of the crew and diverse crew can get away with practically anything.
    Pushing new ideas or not agreeing with the status quo is a death sentence to anyone's career.
    Fear for future with inexperienced leaders (that look good and are politically correct) demoralizing experienced crew.

    Advice to ManagementAdvice

    Listen to what crews say instead of managing what they say toward what you want to hear. Compensation or lack thereof will soon bite you in the quality of service from IT and from your client associates.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  2. 3 people found this helpful  

    Excellent employee community, amazing training, poor pay

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Service Associate - Investment Professional in Charlotte, NC
    Current Employee - Customer Service Associate - Investment Professional in Charlotte, NC

    I have been working at Vanguard full-time (more than an year)

    Pros

    Co-workers are great, work life balance really good, start off with plenty of time off, provide excellent benefits: health and continuing education. Can help with jump starting career

    Cons

    Poor pay - a known fact, takes years to move up within company, glass cleaning within co for many roles, average tenure is approximately 10 yrs., very slow adopters of new technology, no incentive to produce internal change.

    Advice to ManagementAdvice

    Change out old "tenured" managers.

    Recommends
    Positive Outlook
    Approves of CEO
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