Vanguard reviews

3.7

68% would recommend to a friend

(6,305 total reviews)

Salim Ramji

76% approve of CEO

66% positive business outlook

Vanguard has an employee rating of 3.7 out of 5 stars, based on 6,305 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Vanguard employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

6K reviews
1.0
Dec 2, 2015
Recommend
CEO approval
Business Outlook

Pros

Great training and licensing. You'll come in with all young people just out of college, and will be paid to study and train for the first few months. All throughout, the work life balance is second to none...you will never take work home. If you are helping to support a family and want to ensure that you won't be fired (unless you're the most incompetent person in the world), and want great benefits while skating through your day to day..this is a great opportunity.

Cons

Where to start....Right off the bat, it's a call center-which is not fully relayed in any regard during the interview process. You are on a phone, micromanaged to a disgusting degree- to the extent that you have to use portions of your 30 minute a day break to go to the bathroom (let's not skip the fact that there are certain portions of the day that you cannot use your break, like before or after lunch. Let's hope you didn't have a big lunch) This will make you hate your job and resent the whole environment, unless you specifically want to be working in a call center. The ability for upward movement in Charlotte, absolute joke. The company does nothing to make you want to stay-no fun perks, dull environment, no "real" reward for success or accomplishments (if you think getting a piece of candy or a pat on the back, or getting recognized in an email is satisfying....then this doesn't apply to you). The compensation is laughable for the asset values you will be entrusted to handle, trade on, and discuss. Once again I want to stress, the company does nothing of real value to incentivize you to stay....hence why the turnover ratio is what it is. Lastly - and keep in mind this is the SparkNotes version - a few things they also don't tell you about in interviews: you may be required to work a few Saturdays during tax season (luckily they cut Saturday hours, but who knows if that will stay), even if you have PTO available (and to be fair, they give you a good bit).. the time has to be available within the company (Random Wednesday you want to have off that you scheduled two weeks ago? Don't assume it'll automatically be approved. Christmas eve, day before Thanksgiving, etc.? Yea that's on a bid system..good luck), if it's busy they will cut your lunch in half with potentially a day's notice, and there is a good chance they will add job responsibilities on your agreed upon job description and extort you to whatever extent they can get away with based on your licensing. If you haven't done the proper research on jobs or you really want to start off in Finance with no experience, this isn't the worst place to get started in your career. But beyond that initial experience, I would not recommend any of the positions within the Charlotte location

2.0
Nov 2, 2015
Recommend
CEO approval
Business Outlook

Pros

Work life balance is taken very seriously! 20 days off per year and since nobody is setting the world on fire here, you can take them guilt free. Recruiting practices focus on hiring women, at any cost almost. If you're a talented guy, this will feel wrong- and it is, albeit for the better good. They don't like firing people very much, you can be exceptionally mediocre here and collect your paycheck.

Cons

This isn't a place for smart innovative people that are high impact focused. It is a very SLOW company, in their language "methodical." If you are the type of person that likes predictability and not be demanded to innovate then rate it 5 stars. They will say they like to innovate, however, this isn't true. What they mean to say is they like finding new ways of saying the same thing. Lastly, most financial firms are built upon meritocracies. Vanguard is the complete opposite of this. It is extremely political. If you like this great! However, if you are hoping people notice your great talent due to your great work- it's not going to happen. They will say this is because it's a humble culture and don't want to elevate anyone's station. This is dishonest. People with sub par qualifications will advance over the shakers & movers of this world if they have what vanguard calls "advocacy." This word means " a lot of friends in high places." If you work here, keep in mind this is the most important thing if you are to advance.

2.0
Oct 20, 2015
Recommend
CEO approval
Business Outlook

Pros

There is an on-campus Starbucks. The benefits are pretty great if you actually take advantage of most of them. The training programs are unparalleled. For the most part, everyone is pretty pleasant to work with.

Cons

Very vague job descriptions lead people into doing jobs they never signed up for. The more and more you ask people "Do you like what you do?", you will find them explaining how they hate it, but they lie to you and say they don't for fear of getting reprimanded. Vanguard preaches a work-life balance that is unmatched, but in all actuality, they work you to death with little chance to live a life outside of work. They have an overly-corporate culture. People monitoring your text messages and other communications. While working there, I never met my supervisor, nor did my supervisor reach out to me.

Viewing 328 - 330 of 6,305 Reviews

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