Vanguard Processing Associate reviews

2.1

50% would recommend to a friend

(53 total reviews)

Salim Ramji

Not enough data to show CEO approval

48% positive business outlook

Processing Associate employees have rated Vanguard with 2.1 out of 5 stars, based on 53 company reviews on Glassdoor. This indicates that most Processing Associate professionals have an average working experience there. Vanguard is rated 44% below average by Processing Associate professionals compared to other employers within the Financial Services industry (3.7 stars).

Reviews by job title

53 reviews
3.0
Jan 4, 2012
Recommend
CEO approval
Business Outlook

Pros

The benefits are SECOND TO NONE. The Vanguard University Program is Outstanding. Outstanding technology that would make George Jetson blush.

Cons

I'm gonna keep this short and sweet: There have been many downsides in the past few months; a great deal of terminations which brings the question of the way we are trained. I've seen a great deal of apathy from management, conforming to procedures that I feel, they don't even believe in. I'm seeing the morale at it's lowest. Management: Mostly young and are educated, brillant and have the ambition for growth; but, there is a fine line between knowledge of procedures, functions and applications v. leading people from all backgrounds, from all walks of life and it takes a special person to have, to possess that type of attribute. You have some TLs and management from mid to higher levels who really don't have that gift or they're just looking out to cover their backsides; at the expense of the associates. It's all about fear and it always happens during an economic setback. You do have some managers who are loyal and dedicated to their associates in different types of degree and we as the crewmembers struggle to drive to work through rain, wind and snow, we stay long hours and will bend over backwards to see to it that a new shareholder or beneficary is serviced correctly; even if it takes a few hours or a few days to do so. It should never be about productivity; it's about quality, like making a Rolls Royce, built by hand. That's how a company attains The Gold Standard; but, Vanguard wont attain that, if they'll use the practices of a 1920s assembly line. We do so much for wages and salaries that are not that much. That's why some of us have other jobs working seven days a week, total.....and it's still not enough.

1.0
Nov 29, 2011
Recommend
CEO approval
Business Outlook

Pros

Good place to work for young and fresh graduate. Newly hires already clamoring for next promotion. Good benefits.

Cons

You don't drink their kool aid, your'e done. Too much backstabbing. Worst working environment I ever have.Company values does not match with the employees they hire on the floor(the department I worked was demoralizing). Tenured employees need retraining.Arrogant tenured employees. Zero flexibility at all. Stressfull just to schedule time off alone.

2.0
Mar 10, 2011
Recommend
CEO approval
Business Outlook

Pros

Great values, good retirement plan and benefits package

Cons

Chained to a desk, people pretend to care...Very depressing place to work. A lot of lifers and people who are just coasting. If you try to move up they will not let you. Team Leaders and supervisors mostly bitter people. Leading employer of Chester County for a reason!

Viewing 43 - 45 of 53 Reviews

Glassdoor has 7,004 Vanguard reviews submitted anonymously by Vanguard employees. Read employee reviews and ratings on Glassdoor to decide if Vanguard is right for you.