There are newer employer reviews for Vanguard

Helpful (1)

Vanguard has good benefits with average pay.

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

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

Recommends
Negative Outlook
Approves of CEO
Recommends
Negative Outlook
Approves of CEO

Pros

Benefits, 401K, vision dental, life insurance policy, licenses are paid for, professional training.

Cons

Vanguard runs at cost. This is great for the client, but your pay and growth within the company especially in North Carolina and Arizona will cap out @ around $50K.

Advice to Management

30 and 45 minute lunches outside of tax season should always be optional. Running a business at cost and efficiently was the dream of Jack Bogle; running a business understaffed and having clients wait 15-20 minutes before they reach an associate was not.

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  1. Helpful (2)

    Vanguard is ok for a short period of time

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Vanguard

    Approves of CEO
    Approves of CEO

    Pros

    Anyone there can do a great job.

    Cons

    If you do a great job, chances are you won't get much for it, even though you outperform others.

    Advice to Management

    Take a look at your middle management and make changes.

  2. Helpful (5)

    Great company to start your career and hone IT skills, but career growth may be limited.

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

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

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

    Pros

    There are a lot of opportunities for college hires in IT and a general "try anything once" and be rewarded attitude when it comes to the Agile Methodology. This attitude is slowly trickling up to the Malvern branch. The company is constantly polling crew and trying to gage general happiness at work and are responsive to results-i.e adopting work from home policy and supporting technology, and adopting a business casual dress code. Yearly bonus in which employees share in the success in the company is nice-it has been larger in the past by quite a bit-but as a college hire it is appreciate it. Not to mention there is still opportunity for year-end bonuses. This year, when the company reached a large milestone in terms of assets under management, every employee received a small bonus and a company gift. That was unexpected generous.

    Cons

    The company does a good job of bringing in IT talent but not utilizing their specific skill sets or valuing them in an effective that make the crew feel engaged and valued. College hire program is all about rotation which is great, but the program doesn't account for crew with specialized skills and their ability to contribute in this arena longer term. Crew can get frustrated and leave for jobs where these specialized IT skill sets can be directly utilized and better compensated.

    The support IT shops (testing, analysis, interface design, data) can also be undervalued in favor for java and Mid-tier developer roles. Many of these IT shops are under resourced and over-committed, generally viewed and treated as periphery to the development process and less valued in skill sets than developers. This is visible on the project team, manager, and upper-management levels.

    Company pushes that every college hire should aspire to management, again this is a fine goal for some, but recognition of the fact that people leadership is not the only measure or form of quality leadership is also important.

    Advice to Management

    Don't just pay lip-service to valuing all IT shop roles, specialized crew, or crew self-determined career paths, actually value them. Make crew feel empowered, appreciated, and compensated for their contributions equally. At the end of the day, we are all trying to better the company.

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