Greatest Place for Customers...For Employees not so much - Margin Administrator Vanguard Employee Review

1.0
22 Nov 2011
Recommend
CEO approval
Business outlook

Pros

Good benefits package although that has declined every year that I have been there. Good 401 Match... also the 10% that they contribute to your pension on top of your 401k is huge More then ample time off. Great employees to work with (non Managers). I met quite a few good friends there Training is pretty good Great name to have on a resume. On my search prospective employers liked my 5 years at Vanguard

Cons

-The pay is god awful. I left there making $48,000 as an exempt employ and left for a job making $68,000 with overtime. -Career progression is non existent. -Vanguard got rid of their Partnership program where nearly everyone took a pay cut and they sold it to us as if we asked for it. -Promoting the culture is more important to advancement then doing a good job is. -It is run much more like a kindergarten then a business. Everything for chili contests to stupid games for the united way -the past 2 years I have worked for 3 Team Leaders all of which were younger woman who had NO EXPERIENCE in the business. Also all were hired without the staff having the opportunity to interview for them.

Explore other reviews about Vanguard

5.0
3 July 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 June 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
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