Vanguard
Happiness rating is 58 out of 100
3.7 out of 5 stars.
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Vanguard Pay & Benefits reviews

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United States1,219 reviews

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3.8Work-Life Balance
3.4Pay & Benefits

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Found 436 reviews matching the searchSee all 1,237 reviews

Good culture, but low pay

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The most useful review selected by Indeed
Great place to start a career or finish one! However, your middle career years will be filled with years of being underpaid. The trade off is a decent 401k match, health benefits and job security. However those things can be found elsewhere if you are a good worker. 401k is in line with the industry as are the heal the benefits. Also, Vanguard will make your life miserable if they don’t like you, so no place is ever 100% secure.
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Absolute trash

Worst place I’ve worked in terms of work life balance, support, and managerial tactics. Poor pay, but the benefits and “perks” are pretty decent. Overall would not recommend to anyone.
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Vanguard insights

Based on 606 survey responses
What people like
  • Ability to learn new things
  • Supportive environment
  • Feeling of personal appreciation
Areas for improvement
  • Overall satisfaction
  • General feeling of work happiness
  • Energizing work tasks

Support from upper management and great growth opportunity

Hard work does not go unnoticed. If you put your time in job, promotions are easy to achieve. Pay is pretty good and work/life balance is great with approx 4 weeks pto and hybrid schedule
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Mission driven, care about people

Great place to work. Care about their people and always have the clients best interest in mind. Below average industry compensation but very good work life balance and job security
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It’s a cult

It’s very difficult to be a Financial Advisor there if you didn’t rise through the ranks. It’s like you have to navigate the globe to get to the next door. They have a jargon / abbreviation list & you must keep tabs on the multiple things their system cannot automatically do. Nothing is geared / synchronized toward a financial firm w/o significant patching. They buy software & use a small portion of it but don’t block out the unused portions. Their intranet is a mess, you have to just google things. The worst work experience of my 30+ year career.

Pros

Great benefits & good bonus opportunities

Cons

There’s no rocking the boat. You must smile while using terribly old inefficient systems, continual system outages
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Informative

If you wanna learn about investing and the overall stock market, VG is definitely a great company to do it. Learned so much in the past 4 months and they give you all the tools to do so.

Pros

Benefits

Cons

rude clients
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Good health benefits and 401k “handcuffs”. Wayyyy too focused on KPI’s in phone based roles

I worked at vanguard for just under 5 years. It was my first job out of college and I was excited to go work for a fund with a good ethical background of low cost mutual funds right out of school.Pros: good health benefits, HSA, and 401k match(once vested, most people don’t get the 4% match until 1 yr of service and aren’t fully vested on the additional 10% employer contribution for 6 years). Great coworkers and people who generally want to do the right thing for the client.Cons:Really poor phone training and call routing practices. As the years went buy the phone brokers became more and more silo’d and had increased pressure from management to lower call times, which was always at the expense of providing a poor experience to our clients. Unless you are an external higher, pay is non-negotiable. Standard merit increases each year don’t keep up with inflation. (Standard 3% for most employees, with someone doing an above and beyond job receiving a MAX of 5-7%). This leads to ultimately people having to “ grind the corporate ladder with typically a pay increase of 7% at each level for lower tier colleagues and up to 15% for specialists/managers. The funds as a whole are run by a competent group of portfolio managers but sometimes it feels like traders or research analysts are given roles to fill a “quota” instead of hiring the most competent employee for that job. After learning about how the funds are run in regards to how conservative they are on securities lending, utilizing total return swaps to match exposure, etc. I will always hold vanguard index funds. But I - 

Pros

Good 401k match, we’ll intentioned coworkers, ability to network

Cons

Healthcare could be better, mgmt metrics ruining the legacy customer service focused mindset. Incompetent senior leaders, that never get to know the people or processes they oversee
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Good benefits, but micromanaging

The benefits are great. The PTO is more than standard in most industries, and the 401k contribution can be as much as 14%, which is wonderful. The health benefits are better than most places. Vanguard does a good job of hiring decent people, and I genuinely liked most of my coworkers. On the downside there is a culture of micromanagement, monitoring and productivity. As a quality person in an quantity environment, I wasn't happy. Younger people just out of college tend to be promoted more easily than older people and the wealth of gifts and diverse experience they bring.
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It’s okay.

The management either makes or breaks the company. Training could’ve been better/longer. If you have prior knowledge about loans/401k. But not recommend for anyone who doesn’t know much about it. Training is very extensive & should last way longer

Pros

Great pay

Cons

Short breaks and no pto unless you’re licensed
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Nice

Easy money, travel for free, nice employees, are they still working for you or are we going out there for dinner lol and yea I will be there in about an hour to do it for you you want me
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Not great not the worst either

There are some really great leaders at the company who have managed to carve out a culture that is energizing and exciting to be a part of. But a lot of dysfunction at mid to senior manager level.

Pros

Benefits

Cons

Salary
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Stressful Work Environment

If you work in the call center it is a never ending stream of phone calls that just completely drain you of energy. Oversight is there to give you call dings if you make the simplest mistake. Not a place to last very long in the call center. Too stressful.

Pros

Benefits

Cons

Rigidness of management and work
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it depends but be cautious

It probably depends on the department you're in but not the team I was with as there were too many favoritism and back stabbing going on. Watch out for the lifers and watch your back.

Pros

decent pay and good benefits

Cons

long commute
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Can you say Office Prison?

Extremely out of touch and clueless management. Micromanaging at its finest. High stress, low pay and a lot of office politics. New ways of working......really? Let's force our miserable employees into doing work in robot form, smh.

Pros

Good 401K and health benefits

Cons

Pay too low. Way too much micromanaging from management
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All around company

A nice place to make a career with outstanding pay and benefits. Plus, the company invest in the employee providing training, education and the opportunities to grow are limitless.
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Good place to start a career but don’t stay too long

Company is good for launching a career but the higher up you get the more you see how precarious the whole enterprise is. The company is facing some serious challenges and has made some questionable decisions since covid with the abrupt elimination of the retiree medical account, “new ways of working” deployment, move towards open floor workspace in the middle of a pandemic, and now deciding not to offer fully remote roles and requiring a set schedule for return to office.

Pros

If you can find a mentor or someone to guide you, you can be successful and get frequent promotions, great 401k match, profit sharing, DEI focus

Cons

Extremely high attrition since covid with lots of top performers leaving, lots of confusion due to high attrition/turnover, elimination of retiree medical account, sold 1, 500 employees to infosys, lack of flexibility for return to office, culture has changed for the worse under current CEO
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Fine

Low Compensation, Decent benefits, decent stack. Migration to cloud is good in the long run but some teams are still stuck in legacy. Promotions can be challenging to come by
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No diversity or independent thought

This is the least diverse place I’ve ever worked and the culture is not for everyone. My department seems more worried about the company culture and what will get them noticed instead of getting the actual work done. Training was terrible. Too many meetings. I’ve never been is so many meetings for an individual contributor role.

Pros

Great benefits and schedule

Cons

Lacks diversity. Company culture.
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Work Life Balance

pros:Company is modernizing its infrastructure and moving towards AWS cloud, so there is a lot to learn. Teams give enough of time to everyone to learn and do their job even if you are new to the tech/domaincons : If you join at a lower compensations levels ,there is negligible chances that you can get better hike or promotion. Better leave the position and join other divisions or leave Vanguard completely and try some other companies
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Great place to start a career

Great job out of college. There are starting to be more higher roles outside of PA which is great to see. Your manager generally cares about you. Excellent benefits
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Good place to work

Good place to work but culturally confused. Benefits seem to be in flux which leaves senior workers (time in job, experienced perspective) feeling out in the cold. New workers don’t have past positive experiences. It’s still a good place to start out
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Overall rating

Based on 1,237 reviews

Ratings by category

3.8 out of 5 stars for Work/Life Balance
3.4 out of 5 stars for Compensation/Benefits
3.4 out of 5 stars for Job Security/Advancement
3.2 out of 5 stars for Management
3.5 out of 5 stars for Culture

Women's ratings

3.8Fairygodboss Score

71%say women are treated fairly and equally to men

69%would recommend to other women

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