Vanguard Investments Australia - The Cult Strikes Back | Glassdoor
There are newer employer reviews for Vanguard Investments Australia
There are newer employer reviews for Vanguard Investments Australia

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Helpful (2)

"The Cult Strikes Back"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Anonymous Employee in Malvern, PA
Current Employee - Anonymous Employee in Malvern, PA
Doesn't Recommend
No opinion of CEO

Pros

Good benefits, otherwise this is not a place to make a career unless you are tip-top management. The best people go elsewhere

Cons

lousy compensation, a..-kissing helps promotions, no room for creativity, this is not a company for those who want to advance based on skill

Advice to Management

Take away the Kool-Aid and get out of your offices to talk to the people on the front lines

Other Employee Reviews for Vanguard Investments Australia

  1. "Not for Everyone, but Great for Me"

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

    Pros

    Fair treatment of employees, reasonable policies, strong commitment to ethics, commitment to development and training, keeping costs low helps save jobs during times of economic disturbance, commitment to diversity, decent benefits, very friendly people (almost too nice!), free graduate degrees, team-oriented environment, complaints are taken seriously, strong customer focus, doing the right thing is always rewarded, I am always proud to say I work at Vanguard

    Cons

    The pay isn't spectacular. If money is your primary motivator, it might not be the place for you. Vanguard is a "pay for performance" company, so there are good raises and bonuses to be had, but you'll have to work your tail off for them. If you're OK with a decent salary, challenging work, opportunities for unlimited lateral transfers, a free MBA/CFP/CFA, and a comfortable, friendly work environment, and you're willing to trade that for the fast-track to promotions and six figures, it's a great place.
    The "nice" culture does let lower performers slide for a while, and that gets annoying. There is a lot of bureaucracy and levels of approval for seemingly trivial things. Dress code is outdated.

    Advice to Management

    Overall, management is doing a great job. Trust your employees and managers more. We know what we're doing, and we work here because we're ethical. If we were greedy crooks, we'd work somewhere else that paid more.


  2. "Vanguard is a fair and highly ethical company to work for"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager
    Current Employee - Manager
    Recommends
    Approves of CEO

    Pros

    Vanguard has a unique culture of loyalty to clients and employees. It is a very conservative company and well run. Vanguard is known for low expenses to help their clients keep more of their investment returns. I can attest to that philosophy - We truly watch every penny. In fact, you will never see an employee of our firm riding first class on an airplane. It is always coach for us. By being conservative, I don't think we ever laid off any of our employees. Despite the turmoil on Wall Street, we were not really impacted except for some belt-tightening.

    Cons

    Vanguard offers stable employment, but you will definately not get rich working there. No huge bonuses and our salaries are somewhat below industry average. While the benefits are still reasonable, they are not as good as they used to be.

    Advice to Management

    Stay true to the loyalty of your clients and employees.


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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