Vanguard

  www.vanguard.com
  www.vanguard.com
There are newer employer reviews for Vanguard

 

It's ok

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Data Analyst in Malvern, PA
Former Employee - Data Analyst in Malvern, PA

I worked at Vanguard full-time (more than 8 years)

Pros

-benefits for entry level first day employees
-vacation time- entry level receives 16 days plus a volunteer day
-401k match of 4%, 2.5% at the end of every quarter
-parntership payment

Cons

-Below standard pay
-upper management has no idea what is going on
-hard to advance

Advice to ManagementAdvice

-get the best person for the job- not the biggest brown noser
-before buying a big system or making a huge change, ask the workers that will be effected, not there supervisor who don't have access to current system

Doesn't Recommend
Positive Outlook
No opinion of CEO

750 Other Employee Reviews for Vanguard (View Most Recent)

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  1. 3 people found this helpful  

    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)

    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 ManagementAdvice

    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.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 2 people found this helpful  

    Would not recommend working here... look elsewhere

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

    I worked at Vanguard

    Pros

    Benefits are good
    People are friendly
    Work enviroment

    Cons

    Pay is very low compared to other financial service companies
    Career advancement is slow
    Will take anyone for Client Relationship Specialist, even if your not a business major
    Employees are leaving

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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