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
2.0
Feb 20, 2016

Get what you can & leave by the time you hit 40

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great place to learn and terrific co-workers. Opportunities exist to rotate around the organization and get some great experience. Benefits are excellent, including the 401k with a 100% on the first 4% match and 10% company contribution. Excellent investment products.

Cons

Once you hit a certain age (typically by 50), the pressure builds. Forced ranking results in managers giving ratings based on hitting certain percentages across the group, not on actual results. I watched and experienced myself the efforts to demoralize and force out older workers to be replaced by younger, cheaper & less experienced employees. The company expects 100% loyalty from its crew but it's a one way street.

1.0
Apr 19, 2020

Awful!

Recommend
CEO approval
Business Outlook

Pros

PTO, 401K, Partnership and healthcare.

Cons

Management treats their employees horribly. I have seen management target people based on their tenure in the role vs actual performance issues. Due to the toxic environment management has created LOTS of employees are needing leaves to deal with mental health issues. I don't have anything else to say but the honest reviews are the ones with the lower ratings and lots of feedback. The positive reviews are from HR and management as a way of trying to clean up the damage they caused.

1.0
Nov 18, 2019

Immature & Slow Culture - Falling Behind and Losing Employee Trust

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

-Great benefits -Good work life balance -Great place to end career or when you have a family -Good place to be for IT or Technical side of Asset Management

Cons

-Too many employees who have been there for 20+ and lack the skillset for their current role -Power driven management - focusing only on command and control rather than true leadership -High school like culture with a lot of gossiping and immature/inappropriate comments -Impossible to drive change as each decision is made by upper management and rarely listen to crew below -Terrible change management practices - especially around transformations -Your development is centered around what they want and expect you to be - innovation is completely lacking and sometimes pushed away -Leadership say one thing but will do the complete opposite or turn a blind eye -Preach a culture of transparency but do the exact opposite -Too many meetings with no decisive action -No development for younger crew - those in rotational programs required to lead senior staff at times without real leadership experience or training and those on the phones are extremely under valued by management -Incredibly poor compensation for the work they expect to be completed -De-motivating place to work as most of the ideas you bring to the table will either be ignored or credited to those most senior at the table -Very little motivation to change culturally and no urgency to get things done -Disorganized - have too many people in the wrong role -Lack creativity, openness and true collaboration

Viewing 70 - 72 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.