Vanguard reviews

3.7

69% would recommend to a friend

(6,302 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 6,302 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
4.0
Jun 7, 2012
Recommend
CEO approval
Business Outlook

Pros

PTO is best in class...new hires get 3 weeks, but after a promotion I was up to 4 weeks and 4 days, plus we always have an option to buy a week. The 401k match is very good because of the 14% put in yearly by Vanguard, then add in the low cost investor fees. As a software developer in the Retail division, I'm given the opportunity to learn the Brokerage and Mutual Fund business, while also honing Technical skills. The Yearly Bonus recently changed so Top Performers get a bigger cut of the money, and this greatly benefited me since I'm still a relatively new hire. There's a Wegman's now, so we've got that.

Cons

There's a lot, but the culture is changing: Yearly Compensation is low for the suburbs, and honestly if I wasn't in IT I wouldn't be able to live without a roommate. When I lobbied for a promotion after only a year on the job (not unreasonable), I was told I needed time in job by my manager. Within 6 mos. I was promoted. Then about 3 yrs later I was given a review that stated, "not visible to upper management" which of course I barely control, so I switched to a very visible role on a $60 mil project, where I soon became a SME. Now I'm getting signals where I'm integral to the program, yet there's no promotion to compensate me for that. It's just frustrating that the company is trying to be more visible in its promotion/demotion area, yet individual Divisions can squash it. Working in the Suburbs

2.0
Jun 7, 2012

Most people don't move up

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

no layoffs, good training, some good managers others not so much

Cons

health care getting more, and more expensive. Drink the kool aide management. Annual calibrations are not fair, use and abusive employees

4.0
Jun 4, 2012

Great place to learn about finance and the corporate world

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Amazing educational opportunities, mentorship program, subsidized food on campus, get paid to get financial licenses, and an excellent benefits package.

Cons

Very egalitarian culture- they do not embrace innovation, and you must go through many many channels to make progress (aka, email 3 people to get approval before you change an entry on an excel spreadsheet)... Some departments are wonderful (like the Sales and Marketing Retail group) but others are a bit depressing and behind the times (more on the Institutional side)... And the dress code is way too strict considering the chance of seeing a client is slim to none.

Viewing 6028 - 6030 of 6,302 Reviews

Glassdoor has 6,993 Vanguard reviews submitted anonymously by Vanguard employees. Read employee reviews and ratings on Glassdoor to decide if Vanguard is right for you.