Vanguard reviews

3.7

68% would recommend to a friend

(6,296 total reviews)

Salim Ramji

73% approve of CEO

65% 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
2.0
Jun 3, 2009
Recommend
CEO approval
Business Outlook

Pros

Vanguard provides a steady paycheck and benefits during turbulent times.

Cons

The majority of promotions and awards go to butt-kissers who have poor work ethics, poor skills, and overall poor job performance. Unfortunately these people get promoted into managment jobs, making VGI an increasingly nightmarish employer.

5.0
May 25, 2009
Recommend
CEO approval
Business Outlook

Pros

Vanguard spends a lot of time and money training new employees and bringing them up-to-speed. Their main philosophy, from an employment perspective, is to hire the best and brightest right after graduation, and then try to bring them up the ranks. Vanguard also tries to fill all of its positions internally, and can be difficult for people from the outside to get into, at least for the higher level positions. Many of the people there have been there for 10+ years. Also, their retirement plan and other benefits are great, even if the pay is somewhat low compared to the average.

Cons

As a financial services company, it tends to be reactive, from a technological view at least. Also, the culture is fairly conservative, such as the "actual" dress code is actually one better than the "official" dress code (i.e., if the dress is business professional, which is supposed to be a shirt an tie, most people wear a full suit). Also, many of the people started there right after school and have been there for 10+ years, which fosters somewhat of a holier-than-thou attitude, in terms of companies to work for.

3.0
May 1, 2009
Recommend
CEO approval
Business Outlook

Pros

Vanguard provides job security and great benefits. The company is very ethical, and they offer great products with good service. The company provides a good balance between you work and life.

Cons

Compensation is very low, which discourages going the "extra mile." More tenured, highly compensated employees, are entrenched in their roles, which creates ceilings for job advancements within some departments. If you are lucky to be promoted pay increases do not adequately compensate for the increased workload. In down markets promotions are almost always impossible. When openings become available, preference goes to those with similar pay grades, and not suitability. The company struggles from group think, that leads them to lack drive to create innovation. Management does not respond to criticism.

Viewing 6229 - 6231 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.