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Vanguard

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Vanguard Employee Reviews about "salary"

Updated Mar 23, 2023

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Found 4,672 of over 5K reviews
3.7
66% Recommend to a Friend
Vanguard CEO Tim Buckley
68% Approve of CEO

Found 659 of over 5K reviews

3.7
66%
Recommend to a Friend
68%
Approve of CEO
Vanguard CEO Tim Buckley
Tim Buckley
1,387 Ratings

Top Review Highlights by Sentiment

Pros
Cons
  • "Low pay and they cut partnetship to nothing and after 15 years walked me off the property for complaining about a review that was unjust.(in 422 reviews)
  • "too much management and micro managing.(in 235 reviews)
  • "The only downside is the low salary and it is harder to move up the ladder.(in 203 reviews)
  • "Managers have no choice but to drink the koolaid and play along or they are gone.(in 130 reviews)
  • "At times there is a disconnect between upper management and mid to senior level views.(in 59 reviews)
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

Ratings by Demographics

This rating reflects the overall rating of Vanguard and is not affected by filters.

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Reviews about "salary"

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659
  1. 5.0
    Current Employee

    Great Company

    Dec 20, 2014 - Financial Associate in Malvern, PA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Lots of PTO, great retirement plan and awesome work/life balance.

    Cons

    Low salary to begin but if you stay their long term you will do very well.

    2 people found this review helpful
  2. 5.0
    Current Employee, more than 1 year

    Flagship Rep

    Apr 19, 2018 - Flagship Representative in Malvern, PA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Company salary is well above what many companies are willing to pay for similar roles. They also offer unmatched benefits. 10% of your salary is contributed to a 401k without impacting your current pay, however there is a vesting schedule for the funds. Vanguard also offers extensive training. Another benefit is Vanguards willingness to let you follow your career goals. If you want to take the CFA, they will enable that for you. Lastly, they are one of the few companies that won’t post phony reviews on glassdor, so keep that in mind.

    Cons

    Stop hiring VADP managers.

    Continue reading
    1 person found this review helpful
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  4. 1.0
    Former Employee, more than 1 year

    No data available, only can do 'science' here

    May 4, 2021 - Data Scientist I in Malvern, PA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Not much if you are a data scientist as you would be getting way higher salary and total comp in any other company

    Cons

    There is seriously no data available, nor different businesses want to give out data to data scientists. Different groups keep bragging about data analysis/science but on the ground there is really no data science going on across the business

    Continue reading
    4 people found this review helpful
  5. 3.0
    Former Employee, more than 1 year

    Great place to start out, however, it gets old very quick.

    Oct 17, 2019 - Investment Professional in Charlotte, NC
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Excellent 401k options, HSA, Medical and PTO

    Cons

    Salary is not even tempted competitive with other firms and you’re lucky to get a 1% raise each year. Also, don’t expect any opportunities for growth.

    11 people found this review helpful
  6. 3.0
    Former Employee, less than 1 year

    Great people great company but low pay

    Dec 6, 2021 - Anonymous Employee 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Company is great and so are the people! Work life balance

    Cons

    The only downside is the low salary and it is harder to move up the ladder.

    Be the first to find this review helpful
  7. 3.0
    Former Employee

    Depressing corporate culture, low paying, lots of vacation

    Sep 9, 2013 -  
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Company really does a good job driving fees down for individual investors. No one works any later than 5:30 in most departments, so if you have kids or other hobbies there should be plenty of free time outside of work.

    Cons

    Unfortunately the constant focus on keeping costs down does not make it a great place to work. Salaries are low relative to other financial service firms despite management's constant comments to the contrary. Health plan has been totally gutted in recent years. Employees are now charged per dependent so if you have a large family health insurance costs really creep up. Every time Vanguard gets more assets under management it cuts fees. This is great for investors but makes it hard for employees to sustain decent pay raises every year. Corporate culture is still very conservative. My work there reminded me of attending Catholic school in the 80's.

    10 people found this review helpful
  8. 3.0
    Current Employee

    Vanguard Review

    Jan 18, 2022 - Client Relationship Associate 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Vanguard is a great place to learn and expand your knowledge of the financial industry.

    Cons

    Vanguard's salaries are lower than their competitors so it is hard for them to retain their associates.

    Be the first to find this review helpful
  9. 4.0
    Current Employee, more than 1 year

    Great Place

    Jun 25, 2020 - Senior Data Scientist in Malvern, PA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Very good people Very Moral Overall a good company that takes care of its people

    Cons

    Salaries are low compared to the competitors, even when considering total comp. Internal Salary raises in general are low (vs getting a competitive salary as a new employee)

    Continue reading
    2 people found this review helpful
  10. 5.0
    Current Employee

    Great Employer to start a career

    Dec 11, 2016 - Processing Associate in Scottsdale, AZ
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Friendly Enviroment, great benefits, profit sharing plan, bonus and okay pay.

    Cons

    Once your in the company its hard to grow and salary increase is only 7%.

    Continue reading
    1 person found this review helpful
  11. 5.0
    Current Employee, more than 5 years

    Many areas to work in

    Nov 15, 2022 - Application Engineer III in Malvern, PA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Lots of career paths Great benefits

    Cons

    Salary is catching up to industry peers but bonuses and RSA match makes up for it

    Be the first to find this review helpful
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Vanguard is proud to announce the first winner of the DIME (Diversity Investment Management Engagement) Vanguard Scholarship, Anaya Joshi, who will be attending the University of Cincinnati. “I am very humbled and honored to be a recipient of the Vanguard Scholarship Award. With this funding, I will study marketing and finance at the University of Cincinnati. Thank you DIME and Vanguard for giving me this incredible opportunity!” Vanguard crew attended the inaugural DIME PROGRAM Awards in New York, celebrating 11 students who have completed four DIME semesters across their junior and senior years in high school. The DIME program is dedicated to helping the investment industry build a future pipeline of talented minority investment professionals. #InclusionatVanguard #LifeatVanguard
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