What is the salary like at Vanguard?

Great culture, salary and diversity

There are no cons here

Decent pay and good benefits, work life balance

Poor management: managers lack direction and competence, fail to provide necessary support, don't care about employees' growth Ineffective Communication between cross-functional teams

Great benefits and salary, a lot of external perks.

Not much room for upward mobility. Not for those who won't play into corporate politics. A high overturn rate, so always learning new teammates. Pol

Great WLB, decent pay, great coworkers and culture.

Zero growth opportunities. I felt like my skills and experience went unnoticed, unused and undervalued. Any time I wanted to to take on an extra project for growth I was stifled, while people with lesser skills and knowledge were promoted. It’s more about who you know. The icing on the cake was when a reorg was done and more responsibilities were given that would have been part of a promotion, but now was just part of my current role.

Great benefits and pay and work life balance

Technology is a little outdate

Benefits are good, pay is decent and the experience you get in the industry.

Really no promotion opportunities and micro managing.

A lot of good people still, there's enough good vibes in the place from Bogle's days to keep the dream alive for now Decent pay, decent flexibility with working hours, family life. 2 days a week working from home

No actual reason given for discontinuing work-from-home despite apparent increase in productivity during the pandemic. Pay increases don't seem to keep up with inflation. Was very happy with the PTO until I realized it included sick time. Give people more sick time.

Excellent program to get series 7 and 63 licenses. 4% matching and 10% additional 401k contributions. Good health insurance. Generally good work life balance. Vanguard funds and ETFs are genuinely good products. You will learn a ton about the industry. Excellent job security. Very unlikely to be fired/laid off.

Extreme micromanaged down to every minute in the day. Pay is not competitive. I have worked at Vanguard for almost a decade and my pay has not increased relative to inflation. Expect 0-3% cost of living raises. Promotions lead to a 7% increase in pay, which is insubstantial when the base salary is so low. Vanguard is working with McKinsey who is notorious for milking as much productivity per worker as they can so that upper management can benefit from increased profits. A great example of this is in the movie Office Space, The Bobs work for McKinsey. Middle management is constantly reorganizing positions in an effort to increase efficiency but are more than often doing the opposite. These reoganization increase your workload significantly. They completely change the job functions so you end up in a role that is completely different from the role you applied for. Middle management leverages these reorganizations to get a promotion or increased bonus. After a while, a different middle manager inevitably ends up unwinding these non-sensical changes only for another middle manager to reorganize them once again. Every single one if my roles has been recognized in this way. Trading platforms are purposefully antiquated. The only thing Vanguard cares about is their advice platform. Starting roles are grueling call center work. Lots of bad managers. Micromanaged down to the minute to the point that you have to consider if you have enough break time left to go to the bathroom.

Competitive base salary, great benefits, good work life balance

While the compensation is good, long term upside is capped

Job security, because low pay and huge workloads. Will pay for licensing training.

Usually don’t get to pick your department you’re dropped into. Poor pay compared to other firms, very bad systems because low cost. MICROMANAGEMENT. Unrealistic expectations, and no raise or COLA adjustments unless meeting 200% metrics’s AND sales quotas for non sale’s departments.