Vanguard reviews

3.7

68% would recommend to a friend

(6,296 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 6,296 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
5.0
Jun 17, 2008
Recommend
CEO approval
Business Outlook

Pros

Benefits and a strong culture of togetherness and respect.

Cons

Very tight culture, hard to change. Either you love it or hate it.

2.0
Jun 14, 2008
Recommend
CEO approval
Business Outlook

Pros

They give you knowledge for the industry and skills. You get exposed to several types of investment tools and products. They have a good location to work at as well.

Cons

The middle management is unethical and incompetent. They don't protect confidentiality at all. Vanguard isn't a place for hardworkers, it's more a place for people who want to be a clone and yes man. The pay isn't that great and there is little work life balance. They expect you to give up a lot of your free time to work overtime for them. Middle management is absolutely unethical. They keep nothing confidential and don't welcome feedback at all.

3.0
Jun 14, 2008
Recommend
CEO approval
Business Outlook

Pros

Vanguard is a well respected company in an industry that deservedly gets very little. Clients are sincerely the focus of the organization and the products and services are top notch. Salespersons can genuinely have confidence in the solutions they are selling and others in the firm can "feel good" about the value they are providing for investors. For most positions, the job is easy. Performance expectations are low and very few people are working more than 40hrs a week. Even if they are, it's probably not necessary. There are plenty of "nice people" working at Vanguard. Co-workers are generally helpful and I've run across very few outright jerks across the company. Benefits are decent and Vanguard will pay for any number of graduate degrees and certifications.

Cons

Career advancement can be painfully slow and a very political process. Cash compensation is fair at best. There are low expectations for most positions and after a few years, this will suck the drive and ambition from many employees whose talent could be put to better use. While advanced education is encouraged, Vanguard will give its employees very little incentive to stick around once they have completed their MBA, CFP, CFA etc. They seem happy to allow their investment to migrate to competitors. I have never been in an organizations whose employees were so genuinely afraid of HR. Employees will rarely, if ever, be laid off or fired for incompetence. "Innapropriate" email or web usage, however, will have you escorted to the door in no time. "Innapropriate" is very vaguely defined. The organization as a whole is very bureaucratic and management doesn't seem to trust in the abilities of it crew. "Face time" is important even if it involves sitting around and reading the newspaper for a few hours if you have nothing else to do.

Viewing 6292 - 6294 of 6,296 Reviews

Glassdoor has 6,986 Vanguard reviews submitted anonymously by Vanguard employees. Read employee reviews and ratings on Glassdoor to decide if Vanguard is right for you.