Vanguard - Excellent employee community, amazing training, poor pay | Glassdoor
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There are newer employer reviews for Vanguard

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Helpful (3)

"Excellent employee community, amazing training, poor pay"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Customer Service Associate - Investment Professional in Charlotte, NC
Current Employee - Customer Service Associate - Investment Professional in Charlotte, NC
Recommends
Positive Outlook
Approves of CEO

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

Pros

Co-workers are great, work life balance really good, start off with plenty of time off, provide excellent benefits: health and continuing education. Can help with jump starting career

Cons

Poor pay - a known fact, takes years to move up within company, glass cleaning within co for many roles, average tenure is approximately 10 yrs., very slow adopters of new technology, no incentive to produce internal change.

Advice to Management

Change out old "tenured" managers.

Other Employee Reviews for Vanguard

  1. Helpful (1)

    "Great company, nice employees, need to prove your own worth and manage it. You are responsible for your development."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Relationship Manager in Malvern, PA
    Current Employee - Senior Relationship Manager in Malvern, PA
    Recommends
    Approves of CEO

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

    Pros

    Flexibility, benefits, culture and atmosphere

    Cons

    Salary is not in line with comparable positions

    Advice to Management

    Salaries not competitive with industry comps.


  2. Helpful (6)

    "Below average, It all comes down to pay"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Bdg
    Current Employee - Bdg
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    Lots of PTO immediately
    Friendly work environment, don't feel like your job is on the line everyday
    One of the only companies I've worked for who says client is #1 and means it
    Good training
    Average benefits

    Cons

    As I said it all comes down to pay. You put up with frustrations at any job, but receiving reasonable pay can make a big difference in your satisfaction. They say its competitive, its not. On average it is probably 10-15% below industry average. In some positions it can be as much as 40% below average if bonuses are included.

    Everyone says the benefits make up for low pay. I guess they don't know what benefits are like at other companies. It used to be on par with Fortune 500 companies. Now, it's slightly below average.

    Advice to Management

    Fix compensation or you will see a massive drain on talent when the job market picks up. A lot of current employees would stay if pay and career advancement was better. Its nice to work at a company with good values and a nice work environment, but that won't pay a mortgage.

There are newer employer reviews for Vanguard
There are newer employer reviews for Vanguard

See Most Recent

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