Vanguard Investments Australia - Good start - advancement muddled by incompetent management. | Glassdoor
There are newer employer reviews for Vanguard Investments Australia
There are newer employer reviews for Vanguard Investments Australia

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"Good start - advancement muddled by incompetent management."

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

Pros

Vanguard is secure, easy, stress free, and pays fairly.

Cons

Once you hit a ceiling you can only advance into management which is a maze of beauracracy. Filled with favoritism.

Advice to Management

Open your eyes. Figure out what people want, and your not fooling anyone when you say "this is what you said you wanted", when trying to position a new idea.

Other Employee Reviews for Vanguard Investments Australia

  1. "A safe but not progressive company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Associate in Melbourne (Australia)
    Current Employee - Senior Associate in Melbourne (Australia)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    If you want an easy job for life and have zero ambition, they are like the public sexto of finance.
    Good young and skilled workforce.
    They will look after you with this regards self development, I.e external training courses.
    Bonus structure is good, but only after 6 full years of being permanent.

    Cons

    Easy to get in there at entry level. But once in, they have changed of late and don't seem to promote internal hires for promotions as much as they used to. They have their class favourites, and those people don't tend to be the team players.
    A lack of real proper structured onboarding for all employees, new and internal moves.
    If you are not permanent, you will feel a real divide between you and the permanent employees. Bonuses, options for courses etc is very obvious.
    Not a very progressive or fast paced company to work for. Great ideas, but take far too long to implement due to lack of technology. The technology is shocking.

    Advice to Management

    Improve bonus structure. Not fair on employees who have been there years, but only permanent x years and do not qualify for 6+ years bonus.
    Be more transparent with future plans.
    Bring back social events with beverages. Nobody is appreciative of a rare but mid week event.
    Promote regular team functions as moral is slowly slipping currently to low levels.
    Develop a proper structured on boarding to help people feel connected to the organisation and will allow them to be sufficiently trained to start their job.


  2. "Welcoming culture"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Vanguard was a great place to work, that eschewed typical corporate flimflam in favour of working hard to deliver results.

    Cons

    None, that immediately spring to mind.

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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