Changing of the Guard - Anonymous employee Vanguard Employee Review

4.0
Dec 29, 2015
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Vanguard is a very client focused company, almost to a fault. The compensation and benefits packages are in line or better than the industry. The company participates in a number of philanthropic events throughout the year in support of the local community.

Cons

Performance management is opaque at best. The "forced ranking system" that has been referenced in media reports is accurate, and as a result, your individual performance may not dictate a positive outcome when it comes to compensation. The company has made a concerted effort to hire young talent and launch them into management positions. The effect is that a number of seasoned employees are being pushed out to keep costs down. The company has a rotational culture, and with few exceptions, it is considered a negative if you are not actively moving throughout the company. If you want to find a place to plant roots within your specific area of interest, this may not be the place for you.

Explore other reviews about Vanguard

5.0
Jul 8, 2026
Recommend
CEO approval
Business Outlook

Pros

Benefits are amazing, good culture mostly

Cons

Middle management can focus too much on politics vs. improvements

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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