BEWARE and Be Warned - Anonymous employee Vanguard Employee Review

1.0
4 Oct 2011
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Excellent benefits & vacation time; good location & easy commute.

Cons

Vanguard literally made up a reason to lay off/fire me and 50+ others. After 2 months in my new job (still same department) I got a call to go see HR and was terminated on the spot for "hanging up the phone" on clients. #1, I never did that & #2, the phones weren't even a primary responsibility of my new job role. Vanguard DOES lay off, don't be fooled, they just don't call it that to maintain the "no lay off" facade. The HR representative disgusted me. I had no opportunity to fight back, but then again why would I want to work there knowing this is a common practice? I was treated with absolutely no respect. Turned in my badge on the spot & got escorted to my car like some sort of criminal. They didn't even ship me all my belongings from my desk. After almost 3 years of doing anything they asked, this is how I was repaid. TRUST ME. Stay away, you're better than this and better off somewhere else. It actually was a blessing in disguise because if I stayed I would have ended up a miserable robot in a mundane job for the next 40 years. Good riddance. Bottom line: Good for clients, bad for employees.

Explore other reviews about Vanguard

5.0
3 Jul 2026
Recommend
CEO approval
Business outlook

Pros

Large firm so great to get exposure to different groups.

Cons

Nothing that comes to mind, great place to start and end career.

3.0
3 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Awesome coworkers for young professionals. Paid licensing for a few months.

Cons

Micromanagement is out of control. Incompetent team leaders who are obsessed with power and metrics. Back to back calls, limited support, and nearly impossible effective communication between departments. Zero time to cultivate culture because you are taking calls every second of the day except for 30min/1hr lunch and two 15 minute breaks. You’re locked into your role for over a year (apprenticeship for around 60 days, then a year after promotion to associate) and your team leaders will not approve internal applications unless you are “eligible”.

4
See reviews by: Helpful|Rating|Date|All