Management is disillusioned. Another 'the culture' company stuck in their old ways that practices pay inequality - Anonymous employee Vanguard Employee Review

3.0
Dec 13, 2022
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good benefits overall. Retirement package and time off is quite nice

Cons

You better negotiate a high salary when you get hired initially because they don't allow you to do so during internal movements. Your salary increases are predetermined on a pay-grade. This pretty much punishes the people who started there at the bottom and worked their way up. I currently make $40,000 less than a teammate and $50,000 less than someone who shares the same pay-grade as me because they were hired externally for this role and I wasn't. The 'culture' is managers about how great it is to work in the office and get away from their families. Our survey responses are turned into gaslighting narratives to promote management agendas. For example, when we worked remotely during the pandemic, we were asked "Do you feel burned out?" and the majority said yes due to the increased workload and hiring challenges. They used it to justify forcing us back into the office saying working from home burned us out. We are often told to do meaningless work to spin up stories for 'optics' and manufacture good news stories to appease management in meetings no one wants to be in.

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5.0
Jul 3, 2026
Recommend
CEO approval
Business Outlook

Pros

Large firm so great to get exposure to different groups.

Cons

Nothing that comes to mind, great place to start and end career.

3.0
Jun 3, 2026
Recommend
CEO approval
Business Outlook

Pros

Awesome coworkers for young professionals. Paid licensing for a few months.

Cons

Micromanagement is out of control. Incompetent team leaders who are obsessed with power and metrics. Back to back calls, limited support, and nearly impossible effective communication between departments. Zero time to cultivate culture because you are taking calls every second of the day except for 30min/1hr lunch and two 15 minute breaks. You’re locked into your role for over a year (apprenticeship for around 60 days, then a year after promotion to associate) and your team leaders will not approve internal applications unless you are “eligible”.

4
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