Pros
The benefits are amazing considering the current health care enviornment. They also have a generous tuition reimbursement program compared to other companies. Vanguard is also very good at training. They bring a lot of vendors in house to do training, but will also allow external training if there is a need. The people are amazing. Peers and management seem as if the have a genuine personal interest in you well-being, creating a very friendly and laid back workplace. If you have an interest in learning more about the investment management space (even if it is not your primary function), there are a number of webcasts and podcasts that in house finance gurus publishes that you can learn from.
Kontras
The base pay is not that great, and bonuses are horrible for people hired after 2004. The IT side is very top heavy, causing promotion issues all the way downstream. In order to get a promotion at any level, your manager and senior manager have to be willing to take a bullet for you. It all goes back to who you know, the stronger your network, the better off you are. There has been a very big push for diversity recently, but Vanguard is not that diverse at the principal or managing director level. Management only tells you what they want to tell you