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
Oct 31, 2016
Recommend
CEO approval
Business Outlook

Pros

Vanguard was once a good place to work. There was a time when the company cared about customers and employees alike. It was a culture of caring and doing what was right. Vanguard has always been known to pay less, but company offered a nice benefit package, flexible time, and an exciting Partnership incentive. However, this has changed gradually over the past 10 years. Benefits and Partnership have been greatly reduced. Now, management wants the folks who remember when things were different out. As the world of finance has become more competitive, so have Vanguard crew members been forced to become more competitive. If you work at Vanguard be prepared to watch your back.

Cons

The company is very proud of it's reputation for not laying off employees, but they will "manage you out" as soon as they can after you turn 50. Managing you out means management will look for anything thing it can to put pressure on you and get you to quit. You have to use the same technology that Vanguard uses to monitor you to prove management wrong. So you have to document everything, which makes it harder to preform well in a demanding profession. If pressuring you doesn't work, the company will terminate you.

1.0
May 11, 2016
Recommend
CEO approval
Business Outlook

Pros

Sad but true the only thing still going for Vanguard are some of the best co-workers who give so much to this company and get nothing in return.

Cons

There are so many negative reviews out there and unfortunately as I read through them they are all true. I am wondering if the Board is sleeping or do they know what is going on here? Hoping big changes to the top level of management happens soon or this ship is going to sink. Very sad to see a great company go down because of a few bad people who are making terrible decisions like out sourcing IT jobs to India and forcing out people who are holding the place together.

3.0
May 2, 2018

Prefer not to disclose right now

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good tuition reimbursement but you have to pay in advance before it is paid back to you. Ended up still needing to take out loans in order to keep up with the classes needed. Nice location, walking trails, college type atmosphere

Cons

they hire a ton of college students, very young company now. They continue to manage out the more tenured crew - finding ways to get rid of them. Worked there for over 17 years, had many leaders over that time and only 1 leader was exceptional. The rest were average or below average. Many do not know how to coach or develop crew - especially if you are over 40 years of age and have been with the company more than 10 years. (you may see a trend on Glassdoor regarding this) Employee relations is of no help to crew - they protect leaders (they say they don't but in reality I've seen it first hand) culture and values don't align with reality must drink the cool aid and really cannot be yourself for fear that a leader may not like you. not able to speak openly about how you feel or if you see that something just is not right with the situation Employment marketing scours Glassdoor for poor reviews and does what they can to bump the bad reviews to the bottom. Little to no opportunity to do anything different - especially in HR - one you are assigned a client group that's what you do. They hand pick favorites to take on new things while leaving those that have been begging for more opportunities for something different - which ultimately leads to them being unhappy, undervalued, and unmotivated. Gallup scores are a joke, can't say what you really feel because it is broken down by leader and team...you put a poor review in your score they know who said it...especially if you only have 3 crew reporting up to you. nothing ever changes.

Viewing 22 - 24 of 6,295 Reviews

Glassdoor has 6,985 Vanguard reviews submitted anonymously by Vanguard employees. Read employee reviews and ratings on Glassdoor to decide if Vanguard is right for you.