Vanguard Investments Australia - Safe, but overly conservative. | Glassdoor
There are newer employer reviews for Vanguard Investments Australia
There are newer employer reviews for Vanguard Investments Australia

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"Safe, but overly conservative."

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  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Business Development Group in Scottsdale, AZ
Former Employee - Business Development Group in Scottsdale, AZ
Recommends

Pros

Vanguard invests in its employees' futures by training them thoroughly and encouraging them to move laterally between positions and departments. It offers great benefits packages and a stable career, since the company focuses on strength in the long run and has yet to lay off employees (in the company's history). Basically, the positions are all stable and mobility is very easy. While each employee has to take the initiative to plan his or her career and make connections across areas, the culture is very safe and welcoming.

Cons

The culture is very conservative. By very, I mean stockings to work every day, hour-long meetings for "feedback" on misspeaking or offending someone. The company thrives because it is cautious and conservative, but that can be difficult for high-potential employees who do not agree with the "put your head down and work" philosophy. Compensation is also significantly lower than competitors.

Advice to Management

Keep up the benefits, but improve the opportunities for advancement and fast-tracking.

Other Employee Reviews for Vanguard Investments Australia

  1. Helpful (1)

    "Looks good on a resume. That's about all."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Processing Associate in Malvern, PA
    Current Employee - Processing Associate in Malvern, PA
    Doesn't Recommend

    Pros

    Status and reputation of the company, looks good on resume.

    Cons

    Low pay, understaffed (each staff member must do the work of about 2-3 people), files piled up the ceiling with angry customers who have been waiting for their issues to be resolved, but not enough staff (Vanguard is too cheap to hire an adequate number of people), antiquated DOS record keeping system that breaks down and even senior staff cannot resolve issues, unreasonable production demands, unfair method of calculating performance.

    Advice to Management

    Devise fair methods of calculating performance where complex and problem issues receive more weight than simple transactions like changing a client's address. Get updated computer system and do away with DOS. Provide adequate, hands-on training instead of coma-inducing lecture-based training.


  2. Helpful (1)

    "Don't waste your time. Underpaid and overworked"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Client Relationship Associate in Charlotte, NC
    Former Employee - Client Relationship Associate in Charlotte, NC
    Doesn't Recommend

    Pros

    Laid back. You can basically work as little or as much as you want productivity wise. It is a great place to great licensed and get your feet wet as far as finance goes

    Cons

    Salary. you can make much more other places

    Advice to Management

    Pay your employees more. There is a reason they have low costs

There are newer employer reviews for Vanguard Investments Australia
There are newer employer reviews for Vanguard Investments Australia

See Most Recent

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