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The Vanguard Group
3.1 of 5 423 reviews
www.vanguard.com Malvern, PA 5000+ Employees

The Vanguard Group Reviews

Updated Jun 17, 2013

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3.1 419 reviews

                             

79% Approve of the CEO

The Vanguard Group Chairman and CEO William McNabb

William McNabb

(234 ratings)

55% of employees recommend this company to a friend
419 Employee Reviews
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  • Work/Life Balance
         
  • Senior Management
         
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  • Approves of CEO

 

I miss Vanguard, loved my job, but lived too far to continue commute

Fund Accountant (Former Employee)
Malvern, PA (US)

I worked at The Vanguard Group full-time for more than a year

ProsWork/Life balance, on-site dining, gym w/ showers, family events throughout the year; great training programs; take in to consideration opinions of lower-level employee; ample team meetings; great intranet; too many more, I could go on forever!

ConsI wish they had branch offices sprinkled throughout the region (like a Schwab or Fidelity or Edward Jones)

Advice to Senior ManagementI love my management team, even Jack Bogel would sit with people at lunch LOL

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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  • Work/Life Balance
         
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It's Ok

Communication Administrator (Former Employee)
Charlotte, NC (US)

I worked at The Vanguard Group full-time for more than 10 years

ProsThe benefits are great, but not what it used to be. The partnership is great, but not what it used to be.

ConsThe pay sucks unless you've been there for a long, long time but even then compared to you doing the same job at another company the pay sucks.

Advice to Senior ManagementStop stunting growth and creativity!

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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  • Work/Life Balance
         
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Not so happy

Processing Associate (Former Employee)
Malvern, PA (US)

I worked at The Vanguard Group full-time for more than 3 years

ProsOn sight training
Generous paid time off

ConsWork life balance does not apply to low level employee
Company changes bonus structure if needed to save money.
Processing associates have shift changes 2x a year adding, further complicating the work life balance thingy.
Complicated system upgrades that do not work slowing down productivity and creating several work arounds.
Excessive forced overtime.

Advice to Senior ManagementBetter support overachievng crewmembers to recieve promotions.
They are poopie heads

– I'm optimistic about the outlook for this company

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  • Work/Life Balance
         
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  • No Opinion of CEO

 

It was great at first, but something (Politics?) worked against me.

UI Designer (Former Employee)
Malvern, PA (US)

I worked at The Vanguard Group as a contractor for less than a year

ProsGood working conditions, generally nice people, good cafeteria.

ConsPoor on-boarding experience. Not great assistance from my mentors and other employees when I ran into trouble.

Advice to Senior ManagementDon't just terminate employees and contractors, help them improve. Also, provide ultimatums so they know what details are important prior to terminating semi-unexpectedly.

No, I would not recommend this company to a friend

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  • Work/Life Balance
         
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The employees make the life bearable....

Anonymous Employee (Current Employee)

I have been working at The Vanguard Group full-time for more than 10 years

Pros- Pretty good benefits
- Allowed to look for opportunities
- Bursts of company growth

Cons- Decisions that negatively impact employees are communicated as "this is best for you"
- Slowing chipping away at what once made Vanguard unique
- Avoids changing with the times

Advice to Senior ManagementGive your employees more credit and understand they know they are often getting "screwed" with changes to company policy. Also do not think you are at the forefront of many of your fringe benefits when other companies have been offering them for years!

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  • Work/Life Balance
         
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  • No Opinion of CEO

 

It's ok

Data Analyst (Former Employee)
Malvern, PA (US)

I worked at The Vanguard Group full-time for more than 8 years

Pros-benefits for entry level first day employees
-vacation time- entry level receives 16 days plus a volunteer day
-401k match of 4%, 2.5% at the end of every quarter
-parntership payment

Cons-Below standard pay
-upper management has no idea what is going on
-hard to advance

Advice to Senior Management-get the best person for the job- not the biggest brown noser
-before buying a big system or making a huge change, ask the workers that will be effected, not there supervisor who don't have access to current system

No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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Vanguard has good benefits with average pay.

Associate (Current Employee)
Charlotte, NC (US)

I have been working at The Vanguard Group full-time for more than 3 years

ProsBenefits, 401K, vision dental, life insurance policy, licenses are paid for, professional training.

ConsVanguard runs at cost. This is great for the client, but your pay and growth within the company especially in North Carolina and Arizona will cap out @ around $50K.

Advice to Senior Management30 and 45 minute lunches outside of tax season should always be optional. Running a business at cost and efficiently was the dream of Jack Bogle; running a business understaffed and having clients wait 15-20 minutes before they reach an associate was not.

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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Care about employees

Anonymous Employee (Former Employee)

I worked at The Vanguard Group

ProsI had a good experience here I felt like I was valued and they invested in me.

ConsWhere they are located didnt work for me.

Advice to Senior ManagementI like how you value diversity. But always judge on content of character not color or gender.

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Vanguard is ok for a short period of time

Anonymous Employee (Current Employee)

I have been working at The Vanguard Group

ProsAnyone there can do a great job.

ConsIf you do a great job, chances are you won't get much for it, even though you outperform others.

Advice to Senior ManagementTake a look at your middle management and make changes.

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Great company

Anonymous Employee (Current Employee)
Malvern, PA (US)

I have been working at The Vanguard Group full-time for more than 7 years

Pros-Great benefits( fitness center, on-site clinic, profit sharing, generous vacation days, work-life balance, and many more). Tuition reimbursement, community garden, volunteer day off!!
-I work with so many crew who are so passionate about their jobs. Client focused!
- Mr.McNabb is so awesome, very personable, he makes time for his employees!

Cons-inconsistencies among managers!
-can be too controlling and this kills creativity!

Advice to Senior Management-promote consistencies across the company. I have seen people leave Vanguard before having opportunities to see what a great company we are. I moved to a different division and feel like I am working for a different company.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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