Vanguard reviews

3.7

68% would recommend to a friend

(6,306 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 6,306 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
5.0
Jan 6, 2009
Recommend
CEO approval
Business Outlook

Pros

Endless potential, if you're willing to go after it. I've seen many people start out answering phones, and move to a good position within IT. It will be what you want to make it into.

Cons

I've been here 13 years, and have no plans to leave any time soon. I could nit pick, but there's really no point. I'm very happy to stay here until retirement.

4.0
Oct 26, 2008
Recommend
CEO approval
Business Outlook

Pros

Work life balance - typical hours are 8 to 5 with 4 weeks vacation; management encourages time off and gives a good amount of freedom in determining your daily hours and your time off Friendly co-workers - they are always willing to help and are happy to take time out of their day to work with you, but they may be too friendly at times; people don't like to challenge the ideas of others and will rarely show strong disagreements in team settings Laid-back atmosphere - there is typically a low stress level and no one seems to get too worked up about their job

Cons

Below average salary and merit increases - the company claims to have a high level of 'total compensation' including retirement savings plans and good health benefits which is all somewhat true, but many people want a higher base salary level and a higher cash bonus; these pieces of compensation are much more tangible and could be used to attract better talent Lack of driven people - probably due to the lower salaries, limited pay for performance, and the laid back atmosphere; many people seem way to comfortable in their positions and are basically on auto pilot; they come in, do their job, and go home without putting in any extra effort; and, they are rewarded regardless since tenure is valued more than performance

4.0
Oct 1, 2008
Recommend
CEO approval
Business Outlook

Pros

We have never laid off a single employee. The job expectations provide a consistent work environment (i.e. you know what to expect). There is significant flexibility at the manager level to work the hours that are appropriate for you to best balance you professional and personal lives. Vanguard offers tuition reimbursement. Our 401(k) plan is outstanding. Company match is 100% on the first 4% contributed. The retirement plan contribution is 10% of base pay. There is a year-end bonus structure for exempt employees. Employees will earn a partnership bonus that is calculated as a percentage of base pay for long-term employees or as a set number of shares for newer employees.

Cons

Lower pay compared to peer group, low cost structure, always trying to reduce services we provide to customers, limited budgets, corporate culture dominates the environment.

Viewing 5812 - 5814 of 6,306 Reviews

Glassdoor has 6,997 Vanguard reviews submitted anonymously by Vanguard employees. Read employee reviews and ratings on Glassdoor to decide if Vanguard is right for you.