There are newer employer reviews for Vanguard

14 people found this helpful  

Calling All SEMI-SKILLED Labor!!! Vanguard doesn't lay anyone off, they just need warm bodies

Current Employee - Client Relationship Associate in Scottsdale, AZ (US)
Current Employee - Client Relationship Associate in Scottsdale, AZ (US)

I have been working at Vanguard full-time (more than an year)

Pros

- They'll teach you finance, actually this is a Con.
- If you're a girl they'll hire you
- Flexible schedules
- Lots of opportunities for OT,
- IF you have a competent team leader(there's about 1 per floor) lots of opportunities to advance your career.

Cons

Since Vanguard doesn't lay people off they accumulate worthless employees who without a doubt have been fired from their previous employer.

The board that runs the company are masters of paying their employees less but offering lots of benefits that are all tax breaks on the bottom line for the company. Therefore they can pay their employees less and say their total benefits package is one of the best.

They could teach you finance, HA if the trainers knew the difference between live stock and preferred stock. If you don't know anything about finance the trainers appear to have a wreath of knowledge but if you know what the Wall Street Journal is the trainers are inept.

The team leaders come from supervisor backgrounds such as, hotel front desk, banquet preparation, Kohls, amature skier, golf pro, gov clerk, and Vanguard accelerated Development program, these VADP kids are all girls psych, poly sci, communication, and ASU laughable BIS degree (2 minors makes a major). Did I mention anyone with a business background nope. Good luck finding a knowledgable TL.

Advice to ManagementAdvice

Get rid of the people that suck at there job

710 Other Employee Reviews for Vanguard (View Most Recent)

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  1. 2 people found this helpful  

    Vanguard Review

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Service Administrator in Valley Forge, PA (US)
    Current Employee - Service Administrator in Valley Forge, PA (US)

    I have been working at Vanguard full-time (more than 3 years)

    Pros

    Vanguard offers good benefits and the corporate culture is strong. Overall communication with management and senior management is also readily accessible.

    Cons

    When compared to other companies in the investment industry, Vanguard has a low median salary. This is already known and Vanguard has a reputation for having low salaries.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 4 people found this helpful  

    Steady and stable at a cost.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Java Developer in Malvern, PA (US)
    Current Employee - Java Developer in Malvern, PA (US)

    I have been working at Vanguard full-time (more than 3 years)

    Pros

    Extremely stable work environment at an extremely stable company. Amazing health/medical benefits. Recent initiatives for "flexible schedules" and "working from home" have been gaining headwind with some teams

    Cons

    The stability comes at a cost. Sub-par salaries. Also, the technology available to developers is incredibly dated. In some places, the company is ~3 years behind the curve... in others, they're 10+ years behind. They have trouble keeping up with technology. Worse yet, any technology that's implemented is implemented in the clunkiest way possible. Being a developer is a total pain.

    Advice to ManagementAdvice

    Loosen it up a little bit. You're security team is leaving the company more vulnerable by leaving crew members with dated software than if crew were allowed to run the latest versions of equivalent software.

    Recommends
    Neutral Outlook
    Approves of CEO
There are newer employer reviews for Vanguard

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