Vanguard reviews

3.7

68% would recommend to a friend

(6,295 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 6,295 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
3.0
Sep 2, 2008
Recommend
CEO approval
Business Outlook

Pros

If you are interested in learning about the mutual fund/investment/financial svcs industry, Vanguard is a great place to get started. The corporate training division - Vanguard University - is a great tool to advance your knowledge and education. Anything from continuing ed, to building your MS Office skills, to dealing with stress... VU has you covered. Most managers are pretty flexible with paid time-off requests and working with the employee regarding last-minute changes to work schedules. Benefits are great from day One. If I can remember correctly, the company covered about 94% of insurance costs. All in all, Vanguard is a good place to begin a career.

Cons

Keep in mind that Vanguard is a client-owned (not public) company - great for Vanguard investors. However, Vanguard is about as close as you can get to a non-profit company without having a 501(c) designation. Almost all the positions in the Charlotte office, except for IT, HR and management employees, are on the phones ALL DAY. Simply put - it is a call center. If you desire to be tethered to the phone talking to 60-70 (often more) customers per day, then you will like it at Vanguard. You will be hard-pressed to find an off-the-phone position once you begin your career in the call center. Expect to be overwhelmed by the amount of time the company spends forcing diversity issues at you in order to appease the PC crowd. Diversity is great, if not essential in the workplace, but dear lord, enough is enough! Finanlly, for recent college grads, expect to only see high 20's your first year. Save your Ramen noodles!

2.0
Aug 30, 2008
Recommend
CEO approval
Business Outlook

Pros

I would rate the starting salary at Vanguard for my own job role as above average, though I'm not entirely certain that this would hold true for everyone. Likewise, workload is quite reasonable.

Cons

The operating environment is extremely political in nature, leading to a prevailing culture of backbiting and dishonesty. Surviving here for over ten years automatically gets you a doctorate in Political Science. The company treats most of the crew as though they are owned by the company rather than employed by them. If you do not fall into their perception of what constitutes an ideal crewmember in terms of personal philosophy you will be targetted for reprisal. Promotions often occur only when a personal relationship exists between the promoting manager and the promoted individual. Work ethic and general competency seem to take a back seat to personal relationships and personal preferences. This often results in managers being promoted to positions they cannot handle as they are generally ignorant of the work their people perform and the challenges they face. Vanguard takes internal security to an extreme, treating the bulk of their workforce as suspects rather than monitoring based on individual circumstances. This only servers to tell the crew that they are not trusted, and introduces an element of bad faith that just adds to the evil atmosphere here.

Viewing 6274 - 6276 of 6,295 Reviews

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