Vanguard - Client is number one but employees are no longer valued | Glassdoor
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There are newer employer reviews for Vanguard

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Helpful (7)

"Client is number one but employees are no longer valued"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Supervisor in Charlotte, NC
Current Employee - Supervisor in Charlotte, NC
Doesn't Recommend
Neutral Outlook
Disapproves of CEO

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

Pros

On site benefits
Great reputation in investment community
Fair benefits
Work-life balance is a big plus
401k match and contributions are above norm

Cons

Compensation changes have dramatically reduced employee pay over last few years.
Employee 'stars' are identified early and are rushed through the promotional process as long as they behave and agree with their boss.
It seems like management has to sell their soul to stay in good graces or they get pushed out. The good managers with experience are being moved out of the way for younger 'yes sir' replacements.
HR talks the talk but division leaders push a more sinister agenda - must have good legal department.
Diversity is pushed so aggressively from entry level up to middle management (no higher for some reason) that reverse discrimination is demoralizing to the rest of the crew and diverse crew can get away with practically anything.
Pushing new ideas or not agreeing with the status quo is a death sentence to anyone's career.
Fear for future with inexperienced leaders (that look good and are politically correct) demoralizing experienced crew.

Advice to Management

Listen to what crews say instead of managing what they say toward what you want to hear. Compensation or lack thereof will soon bite you in the quality of service from IT and from your client associates.

Other Employee Reviews for Vanguard

  1. Helpful (1)

    "Very conservative company - keep a lot of things in the black box"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Accountant in Malvern, PA
    Former Employee - Accountant in Malvern, PA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Vanguard full-time (More than a year)

    Pros

    Big company with a lot of departments. Employee get a lot of re-rotation opportunity.

    Cons

    Low promotion opportunity with big company and overall the salary is lower than the competition.


  2. Helpful (2)

    "Comfortable"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Client Service Associate in Malvern, PA
    Current Employee - Client Service Associate in Malvern, PA
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    Good moral company, set up in a way to help investors

    Cons

    Not much opportunity to perform or grow quickly. Very structured steps. Low salaries


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

See Most Recent

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