Vanguard reviews

3.7

69% would recommend to a friend

(6,301 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 6,301 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
2.0
Oct 12, 2011
Recommend
CEO approval
Business Outlook

Pros

I had over 10 yrs experience so my vacation time was good. They allow you to purchase a week of extra PTO, even if you are new to the company.

Cons

Salary - my pay was cut by $15,000 when the partnership structure changed and I was supposed to be happy about it. Career Advancement - if you do well in a role, they do everything to hold you in the job. Layoffs - they do layoff, I've seen it. They dissolve the job and tell everyone to find one if you can. Ageism - the mgmt teams I have seen treat older employees with disrespect. And I found that many people over 50 in my dept just all happened to get the Needs Improvement rating in the same year that VG was cutting budgets and benefits.

1.0
Oct 4, 2011

BEWARE and Be Warned

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Excellent benefits & vacation time; good location & easy commute.

Cons

Vanguard literally made up a reason to lay off/fire me and 50+ others. After 2 months in my new job (still same department) I got a call to go see HR and was terminated on the spot for "hanging up the phone" on clients. #1, I never did that & #2, the phones weren't even a primary responsibility of my new job role. Vanguard DOES lay off, don't be fooled, they just don't call it that to maintain the "no lay off" facade. The HR representative disgusted me. I had no opportunity to fight back, but then again why would I want to work there knowing this is a common practice? I was treated with absolutely no respect. Turned in my badge on the spot & got escorted to my car like some sort of criminal. They didn't even ship me all my belongings from my desk. After almost 3 years of doing anything they asked, this is how I was repaid. TRUST ME. Stay away, you're better than this and better off somewhere else. It actually was a blessing in disguise because if I stayed I would have ended up a miserable robot in a mundane job for the next 40 years. Good riddance. Bottom line: Good for clients, bad for employees.

Viewing 6079 - 6081 of 6,301 Reviews

Glassdoor has 6,992 Vanguard reviews submitted anonymously by Vanguard employees. Read employee reviews and ratings on Glassdoor to decide if Vanguard is right for you.