Vanguard reviews

3.7

68% would recommend to a friend

(6,297 total reviews)

Salim Ramji

75% approve of CEO

66% positive business outlook

Vanguard has an employee rating of 3.7 out of 5 stars, based on 6,297 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
3.0
May 1, 2009
Recommend
CEO approval
Business Outlook

Pros

Vanguard provides job security and great benefits. The company is very ethical, and they offer great products with good service. The company provides a good balance between you work and life.

Cons

Compensation is very low, which discourages going the "extra mile." More tenured, highly compensated employees, are entrenched in their roles, which creates ceilings for job advancements within some departments. If you are lucky to be promoted pay increases do not adequately compensate for the increased workload. In down markets promotions are almost always impossible. When openings become available, preference goes to those with similar pay grades, and not suitability. The company struggles from group think, that leads them to lack drive to create innovation. Management does not respond to criticism.

1.0
Apr 30, 2009
Recommend
CEO approval
Business Outlook

Pros

The ONLY reason to work at Vanguard is to begin your career in finance. Once you have gained an initial skill set, there is little reason to stay with the company. Most high caliber employees move on within a few short years.

Cons

Communications, planning, proactively and business understanding is virtually nil. Vanguard is an extremely reactive place, and often does not catch major errors until it is far too late to correct an issue. Because of this, the company spends a great deal of time spending money on fixing mistakes, rather than paying for competent employees that would avoid mistakes in the first place. Vanguard’s business model is to keep costs low, which has resulted in a culture of C level employees. The outcome is a marginal workforce with little talent or professionalism. Many employees place little care or effort into their work, which only reinforces the cycle of marginal work.

5.0
Apr 30, 2009
Recommend
CEO approval
Business Outlook

Pros

The benefits are terrific. The retirement plan is very good. They match 4% of your pay and also contribute an additional 10% each year. This is hard to beat. Vanguard is very serious about continuous improvement. Vanguard University offers a lot of classes that I've found to be helpful. It's a great place to work as long as you're serious about you're job and you have a great manager.

Cons

Limited locations (only in three states).

Viewing 6232 - 6234 of 6,297 Reviews

Glassdoor has 6,987 Vanguard reviews submitted anonymously by Vanguard employees. Read employee reviews and ratings on Glassdoor to decide if Vanguard is right for you.