Vanguard reviews

3.7

68% would recommend to a friend

(6,294 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 6,294 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
Jan 25, 2017
Recommend
CEO approval
Business Outlook

Pros

There are no pros whatsoever to having PTSD due to workplace bullying and discrimination. The pro is that they are finally being exposed for the horrific tactics utilized for their many discriminatory practices against many current and ex employees.

Cons

5 STAR REVIEWS ARE LIES. Let's review the 5 star reviews and demonstrate the pattern of lying: - 5 star reviews have very few "helpful" clicks' unless brown nosing management had a clique-meeting and decided to write and like each others' 5 star reviews. - 5 star reviews are either written by 'team leaders,' HR, or brand new college-to-corporate recruits. Notice how the newbies often add 'n/a' to the 'cons', typical tenure of these types of reviews: 1-2 years unless a manager or HR robot. - 5 star reviews are either too vague, or the reviews appear to be either coached, or copied and pasted straight from the Official Koolaid Brigade Script. Now, let's review the 1-2 star reviews: - Every one of these reviews have double and triple-digit "helpful" clicks. - you cannot vote more than once on a review. - you cannot 'like' your own review. - there is a very disturbing pattern to what is being said in the 'cons' section, primarily regarding age and FMLA discrimination, favoritism, clueless newbies straight outta college fast-tracked into management positions of which they have NO business nor experience. - Vanguard has much lower scores than their biggest competitors on Glassdoor. - there are many, many true references to websites that expose the discrimination that goes on at Vanguard. - there is a pattern of 'managing out' older employees or anyone who asks too many questions. - there are countless lawsuits filed against Vanguard by ex employees, and that number is increasing, including more whistleblower suits. - EVERYONE KNOWS THAT HR AND MANAGEMENT ARE TRYING THEIR BEST TO SKEWER THEIR RATINGS ON GLASSDOOR, AND WE ARE ON TO YOU. Do you know how I learned about Glassdoor? An incompetent manager told us all to not leave negative reviews. Which leads me to: Typical 3 star review: - current employee who JUST learned about Glassdoor, most likely from their managers telling them to sign up and give glowing reviews (they used to say, 'don't write negative reviews.') - signs up on Glassdoor, leaves a neutral, 3 star review, very brief and very vague, in order to access ALL of the reviews. - eventually gets fed up, once targeted, and rewrites the review and exposes more of the truth. - seriously, in 2017, do you REALLY think that people would trash their employer in Glassdoor unless there was too much truth in what they're saying? THINK ABOUT IT... Vanguard, all of your questionable and illegal practices are being exposed, you cannot hide from the truth forever. Your glory days are behind you now. You are a disgusting, evil, horrible company and I believe you are being led by cult members. I am so, so glad that you continue to be investigated by many federal agencies charged with overseeing your business practices. So, so relieved that they are on to you. Oh, and the "talent list" is not a myth. You are marked for your entire Vanguard career in your first year, no matter how much you learn and evolve. They tell you to learn and grow and blah blah blah, but if your first incompetent manager doesn't like you, you might as well start looking for a new job, BECAUSE YOU WILL NOT BE ALLOWED TO MOVE FORWARD, YOU WILL BE DENIED TRAINING OPPORTUNITIES. Do not let evil Vanguard destroy your livelihood out of pure spite and favoritism. Don't stick around and get Stockholm Syndrome. SAVE YOURSELVES!

1.0
May 12, 2016
Recommend
CEO approval
Business Outlook

Pros

Not much. Contrary to popular belief, Vanguard is not the best place to work. The organization has gone down hill in the 15+ years that I have been employed there.

Cons

There is a rampant air of disrespect and discrimination. "Managing out" is a term you will hear constantly. If you are over 40, near retirement, a Black woman or disabled in any way, you are on the managing out list. If you speak up and are honest about anything, you are targeted. Don't dare tell your manager that you disagree with their point... You might be escorted out right then. The shenanigans are real. I actually overheard a manager talk about "getting someone out..." Your work ethic does not count. Only who you know and who likes you. And if you have a best friend at work, then you might survive. That shows you are "nice." They keep "nice" people. Did I mention you have to go out to lunch, dinner or drinks for the manager to see you are connected with the team? Even if you don't drink? Oh by the way, make sure you contribute to the baby shower gift and boss' day gift.

2.0
Oct 14, 2019
Recommend
CEO approval
Business Outlook

Pros

Stability - Employment, income, benefits are decent (far from best). Ownership structure.

Cons

Each year they ask employees to complete a satisfaction review survey. Sounds like a good idea, right? What they don't tell you is that if you give low scores they take it out on your manager, who then takes it out on you. Corporate virtue signaling - Things like "diversity and inclusion" at Vanguard. Many of the employees are disgusted by the phony attempt to virtue signal to the investing public and prospective employees. The worst part, and this is very concerning, is that Vanguard talks about abusing its power to push a "diversity" agenda (gender, race, sexuality - basically anything but thought) in board rooms of publicly traded companies. In other words, they're talking about abusing their fund investor's voting privileges to push a diversity agenda on publicly traded companies. So, instead of focusing solely on operations, outcomes, qualifications, profits, etc. they want to pretend they're concerned with the "diversity" of the board. This is a serious threat to public markets that should not be taken lightly. Businesses operate on things that make sense, they're not public universities. Wasteful, top heavy management. Most managers, but not all, want you to kiss up to get promoted to the next level. A manager at Vanguard is NOT the most talented, just the most indoctrinated and subservient peon. When it comes to hiring, they don't focus on merit or expertise, they focus on how good of an actor or actress you are, how well you can pretend you're as indoctrinated as they either are or pretend to be. They want other indoctrated individuals. It is like a disease. Are you submissive enough to get promoted? Shameful and weak.

Viewing 13 - 15 of 6,294 Reviews

Glassdoor has 6,984 Vanguard reviews submitted anonymously by Vanguard employees. Read employee reviews and ratings on Glassdoor to decide if Vanguard is right for you.