Bad taste in my mouth - Client Service Representative Vanguard Employee Review

1.0
9 Jan 2018
Recommend
CEO approval
Business outlook

Pros

If you can actually tough it out a few years you do get a good amount of vacation time.

Cons

If you are on the phones your days are long, depressing and stressful. This company used to be a great place to work until they changed our partnership ship which affected tenured reps trying to provide for their family just to save a few bucks. They also made several thousand people non-exempt employees. Which means no more year end bonus. The raise we get every year when it's review time? On average a very sad 1.5%. Does not even come close to meeting the cost of living. The place has become nothing but one giant metric. Customers don't come first, metrics do. In the old days, if you wanted to be a Flagship Representative you had to have experience and tenure within the company. Now they are taking kids fresh out of school with no experience or at best someone who just started the company 9 months ago. Think about this for a minute. The average phone rep is around 24 years old. That means that they were 14 when the market crashed in 2008. Do you really think that a multi millionaire investor would feel good knowing the person they were talking to was in 8th or 9th grade when the market crashed? How could they possibly relate to any of the investors? They can no longer retain tenured reps or even management. I would not recommend this place to anyone. I use to enjoy finance and helping clients but honestly, they broke me emotionally and physically. All they care about is lowering the expense ratio of their funds which affects the employees financially.

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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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