Vanguard reviews

3.7

69% would recommend to a friend

(6,303 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 6,303 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 Finance industry (3.7 stars).

Reviews by job title

6K reviews
1.0
Aug 14, 2018
Recommend
CEO approval
Business Outlook

Pros

Free parking, air conditioned offices, on site cafeteria, nice co-workers

Cons

Low pay, micro managed by low level managers who were scared to answer any questions, so the answer to everything is "I'll circle back to my peers on that". Absolutely the cheapest company I have ever seen. The "bonus " for extra work, or a client compliment is... a MOVIE TICKET! We have no way of knowing, because there's no transparency, but we believe the executives reward themselves with more than a movie ticket.

1.0
Mar 12, 2018
Recommend
CEO approval
Business Outlook

Pros

*Job security for life. *Company never lays off. *Tons of career opportunities due to company growth, combined with a rotational job culture. *You will be able to move to all parts of the business or any function (hr, marketing, IT, finance, strategy etc) even though you have zero expertise in that area! it is wild - anyone can do anything here - you aren’t required to have any competence or subject matter expertise -even in Sr leadership roles. * Not a high performance culture. Performance evaluations are subjective and you aren’t required to deliver anything in most roles - hence the great work life balance for most . * All you need to do to be successful is to fit the culture. Be indirect, passive aggressive and don’t rock the boat and you are fine for life.

Cons

- All of the pros above have led to a lot weaknesses if you are smart enough to realize it - if you are a high performer that wants to make a difference, you will be frustrated - Tons of overlap in roles and depts - redundancy and inefficiency abound

2.0
Dec 31, 2017
Recommend
CEO approval
Business Outlook

Pros

Vanguard may not pay as much as the competition, but like everyone else tends to say--the benefits are nice. The 401k is great because Vanguard contributes quites nicely. The yearly bonus is also a plus. Full-tiime is 37.5 hours per week.

Cons

Metrics are dizzying. The company is extremely rigid and management thinks like a computer, not human beings. You are a number, literally, and quite dispensible. There is always a fear that you will get a "defect" or worse, a "trade error" because your calls are meticulously monitored. There are a millions things that can be said in a call, but if you border on anything that conflicts with any of the hidden rules or policies of the land, you will be held responsible for it--even if it was never taught to you in training. Calls months prior can come back to haunt you, so you never feel in the clear. Like all call centers, you have a strict call handle time, but clients don't realize this. If you don't hit your "numbers," you won't be seen as successful and are limited in your future and income. Vanguard is growing so fast that they are ramping up hiring and there are so many new hires with inadequate training. This is a vicious cycle because you end up getting angry clients calling in due to wrong info or inefficient handling by a new rep. This can bite you back in several ways... a longer call, an "elevate" as they code it when clients demand to speak with a manager, and a potential negative NPS (net promoter score). Also, the more money people have, the more they tend to complain and try to break you when they don't get their way. Overall, the job can be quite stressful and there is little to no support from a critical management, who will be more than happy to tell you what you are doing wrong rather than what you are doing right.

Viewing 241 - 243 of 6,303 Reviews

Glassdoor has 6,995 Vanguard reviews submitted anonymously by Vanguard employees. Read employee reviews and ratings on Glassdoor to decide if Vanguard is right for you.