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
1.0
Apr 30, 2009
Recommend
CEO approval
Business Outlook

Pros

The ONLY reason to work at Vanguard is to begin your career in finance. Once you have gained an initial skill set, there is little reason to stay with the company. Most high caliber employees move on within a few short years.

Cons

Communications, planning, proactively and business understanding is virtually nil. Vanguard is an extremely reactive place, and often does not catch major errors until it is far too late to correct an issue. Because of this, the company spends a great deal of time spending money on fixing mistakes, rather than paying for competent employees that would avoid mistakes in the first place. Vanguard’s business model is to keep costs low, which has resulted in a culture of C level employees. The outcome is a marginal workforce with little talent or professionalism. Many employees place little care or effort into their work, which only reinforces the cycle of marginal work.

5.0
Apr 30, 2009
Recommend
CEO approval
Business Outlook

Pros

The benefits are terrific. The retirement plan is very good. They match 4% of your pay and also contribute an additional 10% each year. This is hard to beat. Vanguard is very serious about continuous improvement. Vanguard University offers a lot of classes that I've found to be helpful. It's a great place to work as long as you're serious about you're job and you have a great manager.

Cons

Limited locations (only in three states).

1.0
Apr 8, 2009
Recommend
CEO approval
Business Outlook

Pros

Free coffee. Honestly, without bias, this is the worst job I have ever had.

Cons

0% raises, hours worked cut below 40, bonus decreases, Orwellian employee monitoring, nepotism, no flexibility in shift preference, promised tuition reimbursement that really doesn't exist because you work 3rd shift and can't attend school, starting salary of 33k WITH a college degree and possession of FINRA licences, the promise of a "financial career" when really you're answering phones in a call center where business needs are cited as reasons why you are unable to change positions, even laterally. Overall, the moon is promised and once employed it is clear of the company's intention to keep workers as cheaply as possible. Turnover rates are atrocious, but they hire en masse, throwing spaghetti against the wall.

Viewing 6232 - 6234 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.