Vanguard Software Developer reviews

3.6

69% would recommend to a friend

(152 total reviews)

Salim Ramji

19% approve of CEO

77% positive business outlook

Software Developer employees have rated Vanguard with 3.6 out of 5 stars, based on 152 company reviews on Glassdoor. This indicates that most Software Developer professionals have a good working experience there. Vanguard is rated in line with the average (within 1 standard deviation) by Software Developer professionals compared to other employers within the Financial Services industry (3.7 stars).

Reviews by job title

152 reviews
4.0
Apr 2, 2013

Great balance

Recommend
CEO approval
Business Outlook

Pros

Great work-life balance. Great 401(k) and health benefits. Company is very organized and well positioned in the market. Most managers care about their workers a great deal

Cons

Limited upward mobility is difficult for younger workers. At-cost mindset is great for clients but hard for employees that are motivated by financial reward. Never fires anyone, even under-performers who hold the team back.

1.0
Oct 8, 2012

Are You Feeling Lucky?

Recommend
CEO approval
Business Outlook

Pros

Ridiculously good job security Good benefits package. You get lots of time off, teams are starting to warm up to telecommuting and flex hours, and the pay isn't super bad right out of college. The place is barren after 6:00 PM. Very good work/life balance.

Cons

Ridiculously good job security (lack of layoffs and firings breeds complacency and laziness.) They're very far behind technologically, but I feel that this is no different than anywhere else in the financial industry. If you get on the right team, this isn't as bad, but the peak is somewhere considerably below other industries. Here's the biggie - you aren't being hired for a specific position. This means that you can be hired for a position that doesn't take advantage of your strengths, and in some cases, any of your skills. Vanguard likes to do this because they believe that they're hiring you for a career, not a job, and in a couple of years, you'll be able to move on to something you, um, enjoy. Thing is, anyone who is confident, intelligent, and generally, worth employing, will leave and take a job that lets them do what they enjoy *right now.* That's why I've got some interviews scheduled. Basically, Vanguard can be amazing for the right person. It can also be awful for that same person. It depends on where you land, and that's anyone's guess until you show up for the first day. It's all about winning the lottery. I applied to be a "Java Software Developer", and I don't get to do Java, or software developer. Are you feeling lucky?

4.0
Jun 7, 2012
Recommend
CEO approval
Business Outlook

Pros

PTO is best in class...new hires get 3 weeks, but after a promotion I was up to 4 weeks and 4 days, plus we always have an option to buy a week. The 401k match is very good because of the 14% put in yearly by Vanguard, then add in the low cost investor fees. As a software developer in the Retail division, I'm given the opportunity to learn the Brokerage and Mutual Fund business, while also honing Technical skills. The Yearly Bonus recently changed so Top Performers get a bigger cut of the money, and this greatly benefited me since I'm still a relatively new hire. There's a Wegman's now, so we've got that.

Cons

There's a lot, but the culture is changing: Yearly Compensation is low for the suburbs, and honestly if I wasn't in IT I wouldn't be able to live without a roommate. When I lobbied for a promotion after only a year on the job (not unreasonable), I was told I needed time in job by my manager. Within 6 mos. I was promoted. Then about 3 yrs later I was given a review that stated, "not visible to upper management" which of course I barely control, so I switched to a very visible role on a $60 mil project, where I soon became a SME. Now I'm getting signals where I'm integral to the program, yet there's no promotion to compensate me for that. It's just frustrating that the company is trying to be more visible in its promotion/demotion area, yet individual Divisions can squash it. Working in the Suburbs

Viewing 145 - 147 of 152 Reviews

Glassdoor has 7,005 Vanguard reviews submitted anonymously by Vanguard employees. Read employee reviews and ratings on Glassdoor to decide if Vanguard is right for you.