Vanguard reviews

3.7

68% would recommend to a friend

(6,299 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 6,299 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
1.0
Mar 28, 2021

Too big to care

Recommend
CEO approval
Business Outlook

Pros

401k and pto are great

Cons

The company does not care about its clients or its crew. Its so big they dont care if they give bad service or have poor tech. The website is atrocious and vanguard requires everything be done on there. Taking initiative, adding value or presenting ideas is not valued at all. Getting a promotion is literally based on who you know and having lunch with people. Thats verbatim from multiple people giving advice - the more people you have lunch with the more likely you will move up, it has nothing to do with meritocracy. Add in the incessant fake wokeness of the CEO, constantly pandering about how much vanguard loves people of color, women, or any other group in the news that day, and being incredibly understaffed with low iq coworkers who should probably be working at a grocery store instead of a brokerage firm make for a dreadful day to day experience. Over 6 trillion in assets and they give very low pay, they hire dumb people since they simply dont have enough warm bodies to man the phones and they every single client who calls in thats been with vanguard for 10+ years says the experience has fallen off a cliff. Horribly run company thats a glorified burn out phone job

1.0
Jun 10, 2020
Recommend
CEO approval
Business Outlook

Pros

They pay you (though often not on time/in the right amount)

Cons

•Dishonest hiring practices •Micromanagement on an extreme level •Extremely slow, regimented career progression options •Policy PROHIBITING recommendations/references for external positions •Very low pay •Blatant racism towards black employees •Cult-like culture •Poor work-life balance To be completely honest, I thought this was the end of my brand new career. From the start, I was misled about the nature of this role. It is a call center role. It is hourly, NOT salary pay. You will take upwards of 80 calls a day, with absolutely no support/availability from management when clients are abusive or simply requesting to speak with someone else. In fact, management’s sole purpose is to police mere *seconds* of how you spend your work day. If you are unaccounted for for seconds of the day, it gets brought up and questioned in front of your peers. This company preys on fresh college grads. They expound on “fantastic” (average or below average) benefits, and rely on lack of experience to justify the horrible work environment. Having had a job before this, it is unbelievable the awful practices that they try to write off as “part of a grown-up corporate job”. Grown-ups are not nitpicked over literal seconds of their days. Grown-ups are allowed to use the bathroom whenever they need to, rather than waiting for an acceptable time and using their break to void their bladders. Recruiters will tell you that 18 paid days off is an excellent benefit. The catch is that you can rarely ever use it. There are “bid” days after holidays that you have to bid against anyone else who wants that say off, and as a new employee, you WILL NOT get the day off. It has to be approved well in advance, and projected “queues” of calls can’t be too high, or your time off request won’t be approved. If you take it anyway, or get sick and don’t request time off in advance, you get charged extra days off. You can’t get a reference externally, there is little to no growth, and god forbid you are black and looking for fair treatment/career progression (you won’t get it). Overall, I cannot recommend passing on this “opportunity” enough.

2.0
Nov 26, 2019

Not for everyone

Recommend
CEO approval
Business Outlook

Pros

Good work/life balance, bonuses and benefits

Cons

If you're not a potential Vanguard "lifer", look elsewhere. Politics and micromanagement rule. Be prepared for hours of useless meetings daily, grandstanding and middle management who are literally clueless when it comes to understanding the needs of their people. Cliques are rampant.

Viewing 154 - 156 of 6,299 Reviews

Glassdoor has 6,990 Vanguard reviews submitted anonymously by Vanguard employees. Read employee reviews and ratings on Glassdoor to decide if Vanguard is right for you.