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

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Helpful (2)

Comfortable

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

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

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

Pros

Good moral company, set up in a way to help investors

Cons

Not much opportunity to perform or grow quickly. Very structured steps. Low salaries

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  1. Helpful (16)

    Ho Hum

    Current Employee - Anonymous Employee in Scottsdale, AZ
    Current Employee - Anonymous Employee in Scottsdale, AZ

    I have been working at Vanguard (More than 5 years)

    Doesn't Recommend
    Doesn't Recommend

    Pros

    Plenty of time off to work your second job. The young women who are routinely promoted over more qualified candidates tend to wear revealing clothes. You are awarded free movie tickets fairly often so you don't have to dip into your grocery money to go out. Convenient location so you don't have to drive your crappy old car to far. Awesome place for herd animals.

    Cons

    Honesty or original thinking will get you blackballed.

    Advice to Management

    View diversity as different perspectives instead of race and gender quotas. Acknowledge that there are serious morale problems. Charge yourselves with making Vanguard an engaging place to work rather than pushing down the task to your underpaid frontline supervisors.


  2. Helpful (16)

    Poor Pay, Get In Get Out, Don't Waste Your 20's

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

    I have been working at Vanguard full-time (More than 3 years)

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

    Pros

    -401k match is ok/ but 4% match and 10% match of your pay a quarter isn't much when your pay is squat.
    -Starting point for those that come in unlicensed

    Cons

    -This is not a "real" investment company/ investment job. It is a phone job. You're a live body making sure their are not too many people waiting. The phrase "Wal-Mart of investing" is thrown around a lot concerning Vanguard, and it's true. They will pay you peanuts compared to the competition, but when trying to leave the competition either hires you out of pity because they started their too or you get a "Vanguard, that's nice" since the name holds no weight with the "big boys"
    -Every job is the same with a different title. It doesn't matter if your a client relationship associate, dual hat, or in a specialized division.. you're there to get the client off the line as fast as possible.
    -Shortened lunches are now the norm. No one wants your "free" lunches when you supply them from the Sodexo cafeteria.
    -Employees are treated as cattle, unless you're ethnicity is not-white or you're a girl. If you're both you'll be a shining star.

    Advice to Management

    Increase your pay... If every review out there talks about your pay then don't you think your pay needs to be increased? Also don't publish reports company wide that have "planned attrition numbers" for your division in them.


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

See Most Recent

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