Good if you just got out of college - Business Development Associate Vanguard Employee Review

1.0
Nov 8, 2010
Recommend
CEO approval
Business Outlook

Pros

Job security. Also a steady paycheck, even though it's low salary. If you still live at home and just got out of college it's a start to build your resume.

Cons

The pay is horrible. No matter how well you perform, you will not get the financial reward you are promised (pay for performance is what they call it.) Perfect example. For the past 2 years in a row I brought in over 100 million dollars each year into the company while a majority only averaged out around 72 million per year. Yet my "bonus" was the same as theirs, a lousy 2k before taxes. They also changed the partnership program to be more "fair" to the newer people. I essentially lost about 6k in partnership. This place makes it impossible to support your family. I'd like to have another child but due to lack of pay it is not financially feasible. And if you want a career in management, you better be good at brown nosing or you're stuck on the phones till the day you retire or die. 8 years of my life equals to 37k a year salary. What a waste of my time.

Explore other reviews about Vanguard

5.0
Mar 9, 2026
Recommend
CEO approval
Business Outlook

Pros

Vanguard covered housing for the summer for almost completely free and the people you work with will actively try to develop you.

Cons

The work you do (and therefore your overall experience) can be highly team dependent and team assignment seems to be random

3.0
Jun 3, 2026
Recommend
CEO approval
Business Outlook

Pros

Awesome coworkers for young professionals. Paid licensing for a few months.

Cons

Micromanagement is out of control. Incompetent team leaders who are obsessed with power and metrics. Back to back calls, limited support, and nearly impossible effective communication between departments. Zero time to cultivate culture because you are taking calls every second of the day except for 30min/1hr lunch and two 15 minute breaks. You’re locked into your role for over a year (apprenticeship for around 60 days, then a year after promotion to associate) and your team leaders will not approve internal applications unless you are “eligible”.

4
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