Avis sur Vanguard | Glassdoor.fr

Avis sur Vanguard

Mis à jour le 21 oct. 2019

Pour filtrer les avis, ou .

3.2
ÉtoileÉtoileÉtoileÉtoileÉtoile
Tendances des évaluationsTendances des évaluations
51%
Recommandent à un ami
74%
Approuvent le PDG
Vanguard CEO Tim Buckley
Tim Buckley
268 évaluations
  1. Utile (44)

    « Sadly, driving my high loyalty and engagement down, starting to fall out of love »

    ÉtoileÉtoileÉtoileÉtoileÉtoile
    • Équilibre travail/vie privée
    • Culture et valeurs
    • Opportunités de carrière
    • Rémunération et avantages
    • Équipe dirigeante
    Employé actuel - Senior Manager à Malvern, PA
    Recommande
    Point de vue positif
    Pas d'avis sur le PDG

    Je travaille chez Vanguard à temps plein depuis plus de 10 ans

    Avantages

    -Corporate structure (owned by clients) -Firm mission and investment philosophy -Benefits, particularly PTO -Great people, team environment -Strategic thinking / direction of firm (advice) -Product and service lineup (although could be broader)

    Inconvénients

    -Doesn’t value the workforce like the past, particularly the people who have the knowledge and have driven results for years -Too much deadwood and 20+ year bureaucrats or inexperienced new leaders from rotational programs in senior positions -Expecting more of people, yet not changing compensation enough to reflect that -Being pennywise / pound foolish with spending, particularly on tech, CEOs relentless push for... expense reduction is concerning, and people don’t feel like they can challenge

    Dérouler

    Conseils à la direction

    1. You’re killing the spirit of your Crew, culture isn’t moving in a promising direction despite messaging on founder’s mentality and new ways of working - you can’t just announce these things and not change at the top - you have to walk the talk and lead the way, which means change in your own mindset and behavior, if you aren’t willing to step away from command and control then don’t talk about these changes 2.... Take a hard look at the M5 and above to senior staff (senior management) group and really ask yourself who are the people there that really make a difference and drive results, how many are just followers versus leaders, who has really done something of value and displayed grit, who are the people Crew enjoy working for, there are senior officers who need to move on, break up the clique...you can’t do this analysis on your own because you have bias, it needs to be 360 or led objectively 3. Invest more in the leaders you have that display the right attitude and grit versus thinking you always have to go to a consultant or external hire, for all the talk about development the follow through isn’t there

    Dérouler
    Vanguard2019-09-07
  2. Utile (21)

    « Stable employment, PHONY leadership and "culture" »

    ÉtoileÉtoileÉtoileÉtoileÉtoile
    • Équilibre travail/vie privée
    • Culture et valeurs
    • Opportunités de carrière
    • Rémunération et avantages
    • Équipe dirigeante
    Employé actuel - Senior Financial Analyst à Malvern, PA
    Ne recommande pas
    Point de vue neutre
    N'approuve pas le PDG

    Je travaille chez Vanguard à temps plein depuis plus d'un an

    Avantages

    Stability - Employment, income, benefits are decent (far from best). Ownership structure.

    Inconvénients

    Each year they ask employees to complete a satisfaction review survey. Sounds like a good idea, right? What they don't tell you is that if you give low scores they take it out on your manager, who then takes it out on you. Corporate virtue signaling - Things like "diversity and inclusion" at Vanguard. Many of the employees are disgusted by the phony attempt to virtue signal to the investing public and prospective... employees. The worst part, and this is very concerning, is that Vanguard talks about abusing its power to push a "diversity" agenda (gender, race, sexuality - basically anything but thought) in board rooms of publicly traded companies. In other words, they're talking about abusing their fund investor's voting privileges to push a diversity agenda on publicly traded companies. So, instead of focusing solely on operations, outcomes, qualifications, profits, etc. they want to pretend they're concerned with the "diversity" of the board. This is a serious threat to public markets that should not be taken lightly. Businesses operate on things that make sense, they're not public universities. Wasteful, top heavy management. Most managers, but not all, want you to kiss up to get promoted to the next level. A manager at Vanguard is NOT the most talented, just the most indoctrinated and subservient peon. When it comes to hiring, they don't focus on merit or expertise, they focus on how good of an actor or actress you are, how well you can pretend you're as indoctrinated as they either are or pretend to be. They want other indoctrated individuals. It is like a disease. Are you submissive enough to get promoted? Shameful and weak.

    Dérouler

    Conseils à la direction

    Stop the phony virtue signalling, this is a place of business. Individuals have values, not companies. Get rid of this Kool-Aid "culture" nonsense. Get rid of the yes men and women. Focus on results and real skill, not indoctrination.

    Vanguard2019-10-15
  3. Utile (2)

    « Good company »

    ÉtoileÉtoileÉtoileÉtoileÉtoile
    • Équilibre travail/vie privée
    • Culture et valeurs
    • Opportunités de carrière
    • Rémunération et avantages
    • Équipe dirigeante
    Employé actuel - Case Manager à Scottsdale, AZ
    Recommande
    Point de vue neutre
    Approuve le PDG

    Je travaille chez Vanguard à temps plein depuis plus d'un an

    Avantages

    Good benefits, nice people, good PTO and bonus

    Inconvénients

    Changing health insurance, too much emphasis on networking and not enough on skills

    Conseils à la direction

    Stop making so many changes so rapidly, the transformation of our contact center and now a change in healthcare that effects families in a huge way

    Vanguard2019-10-18
  4. « Comfortable culture »

    ÉtoileÉtoileÉtoileÉtoileÉtoile
    • Équilibre travail/vie privée
    • Culture et valeurs
    • Opportunités de carrière
    • Rémunération et avantages
    • Équipe dirigeante
    Employé actuel - Team Leader 
    Recommande
    Point de vue positif
    Approuve le PDG

    Je travaille chez Vanguard à temps plein depuis plus de 3 ans

    Avantages

    Job security. Supportive culture. Extensive training.

    Inconvénients

    At cost approach to everything (ie employee facilities). Minimal US locations.

    Vanguard2019-10-22
  5. « Client First Mentality »

    ÉtoileÉtoileÉtoileÉtoileÉtoile
    • Équilibre travail/vie privée
    • Culture et valeurs
    • Opportunités de carrière
    • Rémunération et avantages
    • Équipe dirigeante
    Employé actuel - Client Service Representative 
    Recommande
    Point de vue positif
    Approuve le PDG

    Je travaille chez Vanguard à temps plein depuis plus d'un an

    Avantages

    Phenomenal people, great training, excellent learning experience

    Inconvénients

    Pay is lower than industry average

    Conseils à la direction

    Create more incentives programs (financial incentives) for exceptional employee performance.

    Vanguard2019-10-22
  6. Utile (42)

    « Too Big to Fix »

    ÉtoileÉtoileÉtoileÉtoileÉtoile
    • Équilibre travail/vie privée
    • Culture et valeurs
    • Opportunités de carrière
    • Rémunération et avantages
    • Équipe dirigeante
    Ancien employé - Advisor 
    Ne recommande pas
    Point de vue neutre
    N'approuve pas le PDG

    J'ai travaillé chez Vanguard à temps plein

    Avantages

    Benefits were good, especially medical insurance. The Index funds are great. If you have zero experience but are enthusiastic, they might hire you.

    Inconvénients

    Vanguard likes to claim they are the only ethical firm in the business, when in fact they are no different than any other financial firm. It may have been different under founder John Bogle, but they removed him 20 years ago and it’s a miserable culture now. If you can imagine a combination of Walmart’s cut rate atmosphere, high school gossip and cliques, and a religious cult in which questions are not tolerated,... you’ll get the idea. Managers are condescending and officious, and the floor is in a constant state of panic due to system failures and lack of staffing. Meetings, prep time, and lunches are regularly cut short as they herd you back to the phones for the latest emergency. Management constantly feeds you conflicting information, and even outright lies, and then refuses to take responsibility for it. In a constant effort to wring more and more out of you, you’re scheduled for training and meetings during your unpaid lunch, and encouraged to work off the clock before and after your shift. You’re taking calls every minute of your shift with zero time in between, so if you want to read email or training updates, you have to do on your own time. Every Taco Bell manager knows you can’t work people off the clock, but it happens at Vanguard. I wouldn’t be surprised to see a class action lawsuit at some point. On our first day on the job, we were told we were eligible for the full annual bonus, even though we started late in the year. A few months later, they reneged and told us we’d been misinformed and it would be prorated. When people complained, we were herded into a room where an executive shouted at us for believing what we’d been told. No apology, ever. This kind of scenario is typical: major misinformation from higher-ups, and when things come to a head, management gets hostile and confrontational. Prior year’s bonus is not paid until the end of June of the following year, so you have to stick around for six months after the end of the year. For your first 6 years the bonus is a reduced amount. You hear a lot about the high 401k match, but it’s smoke and mirrors. Vanguard’s starting pay is about 20% lower than other firms. If you do the math, you’ll see that Vanguard’s is a lower match for the first few years because you get zero for the first year, and then it takes 6 years to vest. You’ll leave for a higher-paying job before then. PTO is hard to schedule, so if you try to take a week off with your family, it’s likely you’ll only get some of the days approved. I’ve had supervisors tell me to cancel PTO after it was approved and I’d already made plans. You can’t count on anything you’re told no matter how much confirmation you’re given. System failures cause your PTO to drop off the calendar like it never existed. Often, you’ll arrive for a meeting to find the room has been double-booked due to system issues. Or you’re scheduled to be in three different places at the same time, seriously, or in a room that doesn’t exist, or the room is shut down for repairs. I also saw exit doors boarded over during renovation, which is a fire code violation. The disrespect for employees is jaw-dropping. Managers are obsessed with monitoring restroom usage. You have to go into Break status to use the restroom, and this is forbidden during the first and last hour of the day, as well as the hour before and after lunch, and within a half hour of market close. I once took a 2-hour call that ran into the last hour of the day, and then went to the restroom. My manager reprimanded me afterward, and even after I explained the situation, I was told that I should have cleared it first! After a team meeting, managers tell employees not to use the restroom on the way back to their desk. You’re expected to go back to your desk and switch your status from Meeting to Break, before you can use the restroom. Vanguard also provides about 50% less break time than competitors. Vanguard managers tend to be arrogant and standoffish, as if they’re lowering themselves to speak to you. Management is not concerned with your opinions, even when you’re trying to improve processes. They don’t trust employees with decision-making authority. The atmosphere is like being on a high school field trip and the chaperones are following you around, shouting “Don’t touch that! Don’t go over there!” Even a CFP advisor is unable to adjust a client’s investment mix by more than 10% without manager approval. And a CFP in a non-advisory position isn’t allowed to make recommendations at all. Why encourage the certification if you’re not allowed to use it? Jobs are reduced to assembly line simplicity whenever possible, and employees follow a script and a checklist for every call, even at the highest Advisory levels. Deviation from the script is forbidden, and if you forget a checklist item, you’ll hear about it. Vanguard will send out a mailer to clients without informing staff, and then when clients call in to ask about it, you are blindsided. Communication between departments is nonexistent. You’ll call another department for help, only to find that the phone extension has changed. You weren’t notified because the meeting to explain it was canceled due to lack of staffing. Meanwhile, details will be emailed to you that you’ll be expected to read on your own time. If you do happen to reach the right person, they’ll give you pushback to avoid taking your call. The client languishes on hold while you try to find someone, anyone, to help. The average client is transferred SIX times before reaching the right person. Vanguard seems to be pushing older and middle-age staff out the door. Managers over 40 are rare, and managers over 50 are unheard of. In recent years they’ve been hiring managers straight out of college into the Accelerated Development Program, in which inexperienced staff are put on the fast track to leadership. Nevermind that most of them have no leadership skills. Vanguard is looking for unquestioning obedience and the ability to reproduce the latest buzzwords and catchphrases when communicating. If this sounds like the kind of atmosphere you want to work in, where you’re just a number, then step right up. Otherwise, there are much better options out there.

    Dérouler

    Conseils à la direction

    Management isn't listening.

    Vanguard2019-09-07
  7. « Great Place »

    ÉtoileÉtoileÉtoileÉtoileÉtoile
    Employé actuel - Engineer 

    Je travaille chez Vanguard à temps plein depuis plus d'un an

    Avantages

    Takes good care of employees

    Inconvénients

    Pay could be higher, but out of local control

    Vanguard2019-10-18
  8. Utile (7)

    « Great place to start out, however, it gets old very quick. »

    ÉtoileÉtoileÉtoileÉtoileÉtoile
    • Équilibre travail/vie privée
    • Culture et valeurs
    • Opportunités de carrière
    • Rémunération et avantages
    • Équipe dirigeante
    Ancien employé - Investment Professional à Charlotte, NC
    Ne recommande pas
    Point de vue négatif
    Approuve le PDG

    J'ai travaillé chez Vanguard à temps plein plus d'un an

    Avantages

    Excellent 401k options, HSA, Medical and PTO

    Inconvénients

    Salary is not even tempted competitive with other firms and you’re lucky to get a 1% raise each year. Also, don’t expect any opportunities for growth.

    Vanguard2019-10-18
  9. « Good iob, good hours, decent people »

    ÉtoileÉtoileÉtoileÉtoileÉtoile
    • Équilibre travail/vie privée
    • Culture et valeurs
    • Opportunités de carrière
    • Rémunération et avantages
    • Équipe dirigeante
    Employé actuel - Brokerage Investment Professional à Malvern, PA
    Recommande
    Point de vue positif
    Pas d'avis sur le PDG

    Je travaille chez Vanguard à temps plein depuis moins d'un an

    Avantages

    Good pay, most people are nice and willing to help you

    Inconvénients

    Not many cons in Vanguard

    Vanguard2019-10-17
  10. « Vanguard IMDP »

    ÉtoileÉtoileÉtoileÉtoileÉtoile
    • Équilibre travail/vie privée
    • Culture et valeurs
    • Opportunités de carrière
    • Rémunération et avantages
    • Équipe dirigeante
    Employé actuel - IMDP Analyst 
    Recommande
    Point de vue positif
    Approuve le PDG

    Je travaille chez Vanguard à temps plein

    Avantages

    Great Intro to Buy Side/ Learning experience

    Inconvénients

    location is not totally ideal if you like cities

    Vanguard2019-10-15
2319 avis trouvés
</>Intégrer