Vanguard Reviews

Updated June 30, 2015
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877 Employee Reviews

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  1. Great Place to Work

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

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

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

    Pros

    There is plently of opportunity for growth and developement. If you show genuine interest in advancing with the company, the leaders will invest major time in you. The environment is not stressful, but rather one that you are continually encouraged to develop, contribute, and grow with the business.

    Cons

    You make slightly less money than you would if you were working at our competitors. However, Vanguard has an INCREDIBLE benefits package and a profit sharing bonus that all employees receive each year.

    Advice to Management

    Keep doing what you're doing. I love the managers at Vanguard.


  2. Helpful (1)

    Retirement Consultant

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

    I have been working at Vanguard

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    Job security, work life balance

    Cons

    Lower pay than industry standard and call center.


  3. Great Company From Which To Retire

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

    I worked at Vanguard full-time (More than 10 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    After working for various organizations in a variety of fields for 38 years, I finally found a company that would put up with me. The best part was that I really enjoyed what I did and felt that I was able to make a positive contribution to both our 401 (k) participants and institutional clients.
    Not everything was rosy and there certainly was the expected amount of corporate hypocrisy and employee "sucking up". I would not have stayed over 15 years if the "positives" hadn't substantially out weighed the "negatives".
    The retirement benefits, though not overwhelming, does include, in my case, a reimbursement of 75% of my spouse and my medical insurance premiums for life.
    I was very happy to work at Vanguard in Scottsdale.

    Cons

    The usual corporate stuff. You just need to get over it and not let it get to you. Play their game and you will do fine.

    Advice to Management

    You are not as transparent as you try to make yourself to be.


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  5. Helpful (1)

    analyst

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

    I have been working at Vanguard (More than 8 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Work life balance is great and great benefits

    Cons

    Managers seem to say the same choreographed lines- and seems very fake.


  6. Helpful (2)

    couldn't have known better

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

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

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

    Pros

    You'll have a steady job.*

    I got a relocation bonus when I started (but I don't know how this is awarded, because people who moved from farther away than I for this job didn't get one) and everybody gets a year-end bonus. My year-end bonus, as an entry level associate with one year tenure, was $6K pre-tax. This was because of this year being Vanguard's 40th anniversary. I am told the year end bonus is usually ~$4,600 pre-tax for those in my position and tenure.

    While there is a great deal of unfairness from middle-management, the company overall is not corrupt or involved in scandalous things like many other financial institutions. This is finance with a soul, kind of.

    PTO is pretty abundant.

    *This is also a con. They won't fire you. So, you often have to clean up the messes of people who suck at their jobs.

    Cons

    As perhaps inappropriately stated above, there is a lot of unfairness from middle management. People get promotions based on who their boss is and what team they're on. And this is not coming from someone who is bitter about not being promoted, because I was on the winning side of that massive joke of a ladder climb.

    Most entry level associates have to work on compressed schedules, which are 4 days a week at 10 hours per day. Work every other Saturday. They do tell you from the beginning if this will be your schedule, though, so at least it's a not surprise.

    The salaries are too low. I mean, you can eat and pay your electric bill, but you can't live well or even kind of well.

    Advice to Management

    Be fair and transparent about job opportunities for those employees you serve.


  7. Great place to work

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

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

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

    Pros

    Flexible schedule and great peers to work with.

    Cons

    The location could be better.


  8. Nice company if you like stability and hate innovation

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

    I worked at Vanguard

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    A stable company to work for
    Nice medical benefits and 401k

    Cons

    no flexibility in terms of technologies, etc


  9. Helpful (1)

    Great Company

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

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

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

    Pros

    Puts customers first, great employee benefits

    Cons

    Very little autonomy, poor salary

    Advice to Management

    You'll have to either pay more for your employees' salaries or you're going to continue to pay through attrition


  10. Helpful (2)

    If you can handle a call center....

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

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

    Pros

    The environment is laid back and very friendly. No pressure about sales, books of business, etc. Great benefits. Company does a lot to support community.

    Cons

    Being a call center, it gets very robotic after a while. Pay is less than competitors salary. Not much incentive to stay if you don't mind doing a little more elsewhere.

    Advice to Management

    Treat your employees as well as you treat your clients.


  11. Overall a good company.

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

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

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

    Pros

    Work like balance. Depending on the department you can have later start times and/or a compress shift.
    Benefits are great from the health care to vacation time.
    More departments are moving to the AZ site.

    Cons

    Can be difficult to move up. Low pay and average raises. Feel more like a number then a person in some departments.

    Advice to Management

    Managers can be to focused on projects which doesn't leave much time for them to support their team.



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