Vanguard Reviews in Valley Forge, PA

Updated October 16, 2014
Updated October 16, 2014
705 Reviews
3.2
705 Reviews
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Vanguard Chairman and CEO William McNabb
William McNabb
422 Ratings

Review Highlights

Pros
  • Work/life balance is a priority as you don't work crazy hours and get a lot of vacation time (in 113 reviews)

  • Great benefits; was able to earn MBA and CFP with full tuition reimbursement (in 61 reviews)


Cons
  • The positions in AZ are largely call center support roles, or supervisory roles (in 49 reviews)

  • Good work/life balance for some people, but not if your on the phones (in 14 reviews)

More Highlights

27 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Runs lean but not mean--serving shareholders is top priority

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

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

    Pros

    Absolute commitment to fair treatment for shareholders and employees
    Great group of people to work with and good management
    You feel great about working here
    employees are valued and they have never had a layoff
    Decisions are made by consensus, which means major changes are fully endorsed and supported across the enterprise.

    Cons

    During busy times and in periods of growth, slow to staff up--the other side of never having had a layoff.
    Decisions are made by consensus, so at times the enterprise is risk averse and slow to change
    Lowering costs for investors means infrastructure upgrades and back end support are postponed or unavailable.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Good company, below to average compensation

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

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

    Pros

    Vanguard provides many different work opportunities and great training. I was able to develop many skills in numerous positions. Phenomenal product and focus on the client. Great benefits; was able to earn MBA and CFP with full tuition reimbursement.

    Cons

    Low pay and too much focus on cost cutting and doing more with less. The company is an industry leader but continues to alienate employees unnecessarily. Promotions are often given to those who excessively network rather than to the highest performers.

    Advice to ManagementAdvice

    Stop cutting costs and share the wealth with the employees. Reward those most deserving rather than those who network the best.

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    Great Company

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

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

    Pros

    Mobility and Job opportunities for those who are motivated. Culture is extremely strong and supportive.

    Cons

    Decisions are made by committee. That gets frustrating at times. Some leaders care more about their own career than those that work for them.

    Advice to ManagementAdvice

    Trust your employees. They are the experts.

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 3 people found this helpful  

    Non inspiring mediocre growth.

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

    I worked at Vanguard full-time (more than 3 years)

    Pros

    People are great. Company reputation as a stable safe place to work is amazing. Very close to Philadelphia.

    Cons

    Slow to no innovation. Not really a place if you want personal and skills growth. Pay is average or low in comparison to other financial firms.

    Advice to ManagementAdvice

    If you want to change the community, listen to your employees and not outside sources.

    Recommends
    Positive Outlook
    No opinion of CEO
  6. 2 people found this helpful  

    great place to grow your career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Relationship Manager in Valley Forge, PA
    Former Employee - Relationship Manager in Valley Forge, PA

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

    Pros

    Polite and very professional culture. Vanguard offers great opportunities to learn and grow in your career. The environment and culture is fantastic. You will find talented people that are engaged in their work. Vanguard stands on ethics and value for their shareholders. If this is a core value for you, this is a great place to work, as it is the guiding principle.

    Cons

    The conservative nature can lead to some slow progress and long time for changes.

    Recommends
    Neutral Outlook
    Approves of CEO
  7. 2 people found this helpful  

    For the most part, my time with vanguard was exceptionally good.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Flagship Assigned Representative in Valley Forge, PA
    Former Employee - Flagship Assigned Representative in Valley Forge, PA

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

    Pros

    the benefits and retirement plans were among the best in the business.

    Cons

    Age discrimination blocks all but the lucky few from advancing to senior level management. Many older employees lives have been made miserable in order that they would quit and a younger, less expensive crew member take their job.

    Advice to ManagementAdvice

    upper management is an elitist group of ivy educated white, wasp males who already have all the answers and won't require your imput.

    Recommends
    Positive Outlook
    Approves of CEO
  8. 9 people found this helpful  

    Bad pay, no room for growth

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

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

    Pros

    Stresses on diversity and work/life balance. Nice fellow colleagues. Not so bad 401k contribution plan.

    Cons

    There is no room for growth unless you are a talented brown-noser. Management does not care if you are good at what you do or hard-working. They keep finding excuses about your "visibility", whatever that means, and keep you off from getting promoted so that they could save a few bucks. Most of my colleagues who have been working there for more than 10 years actually suggested me to get out of the company if I want to be ahead in my career.

    Advice to ManagementAdvice

    Change your attitude about "employee visibility" and be smart enough to distinguish between butt-kissing losers and hard-working employees.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  9.  

    Great company

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

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

    Pros

    Smart people, great place to work

    Cons

    low pay for certain departments

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Good company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Client Service Representative in Valley Forge, PA
    Former Employee - Client Service Representative in Valley Forge, PA

    I worked at Vanguard full-time (more than an year)

    Pros

    Excellent benefits, I learned a lot .Very friendly and supportive co-workers and a flexible work-life balance.

    Cons

    Compensation is low.Little opportunity for advancement.

    Recommends
    Approves of CEO
  11.  

    Very rewarding

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Client Service Representative in Valley Forge, PA
    Former Employee - Client Service Representative in Valley Forge, PA

    I worked at Vanguard full-time (more than an year)

    Pros

    The people are very welcoming, everyone is pushing for your success.

    Cons

    Rigid HR structure, locked into position for a pre-set period of time.

    Recommends
    Positive Outlook
    Approves of CEO

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