Vanguard reviews

3.7

68% would recommend to a friend

(6,296 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 6,296 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
4.0
Mar 19, 2010
Recommend
CEO approval
Business Outlook

Pros

The benefits are great. Good medical and dental plan for my family. I have 6 weeks paid vacation. Great 401k match (up to 4%) and you are given 10% of your salary per year into 401k. 18% of your salary per yer into 401k if you put down 4%, that's the biggest pro besides the vacation. Most of the people working in lower level management are morons which makes it easy to run circles around all of them and pick up great reviews each year

Cons

dress code is behind the times, everyone is too nice (brain washed), concentration is more on playing silly March Madness games instead of acutal business. VG is "cash rich" as one executive put it 2 years ago, however, they refuse to pay what competitors pay (I make more than most and I am satisfied...I feel bad for others however). Supposedly there are no politics. Hello, it's a giant corporation, why push that under the rug and try to pretend it doesn't happen, it happens everywhere. The big push of 2010 is Good To Great....well VG has a long way to go because part of the book states you are up to speed with competitors, which VG Brokerage is not.

2.0
Mar 12, 2010
Recommend
CEO approval
Business Outlook

Pros

- Pretty good medical benefits - Company matches 401 K at 4%, 10% retirement plan contribution made quarterly by the company - Good paid time off accrual - Good tuition reimbursement program ($10K a year) - Low expectations of employees, good place to get your feet wet in the industry.

Cons

- Low employee morale, especially with higher levels and/or more tenured employees who have seen more. - Reviews are very subjective and bonuses are decided by how much your managers likes you compared to your peers. - While there are "in crowds" everywhere, they are here too. - Very inexperienced managment team once you leave PA and the highest ranks, most management members are under 50 with the majority under 40. This might cause some of the issues. - Once you escape the phone jobs, you are considered exempt for the most part and aren't paid OT for hours worked above 37.50

5.0
Mar 1, 2010
Recommend
CEO approval
Business Outlook

Pros

Some of the best things about Vanguard is that they go out of their way to boost employee morale. They take every opportunity to provide recognition when deserved. Your expectations are clearly outlined for you so you are never left in the dark as far as your performance goes. The management team is respectful and sensitive to work/life balance. Employee development is a top priority and they put effort into advancing people's careers. The 401k match and contribution are also top rate.

Cons

Promotions can be very political and based upon not who can do the job best but rather who the hiring manager likes the best. Also, salaries are much below wht other companies pay.

Viewing 6193 - 6195 of 6,296 Reviews

Glassdoor has 6,986 Vanguard reviews submitted anonymously by Vanguard employees. Read employee reviews and ratings on Glassdoor to decide if Vanguard is right for you.