Pros
The ONLY reason to work at Vanguard is to begin your career in finance. Once you have gained an initial skill set, there is little reason to stay with the company. Most high caliber employees move on within a few short years.
Cons
Communications, planning, proactively and business understanding is virtually nil. Vanguard is an extremely reactive place, and often does not catch major errors until it is far too late to correct an issue. Because of this, the company spends a great deal of time spending money on fixing mistakes, rather than paying for competent employees that would avoid mistakes in the first place. Vanguard’s business model is to keep costs low, which has resulted in a culture of C level employees. The outcome is a marginal workforce with little talent or professionalism. Many employees place little care or effort into their work, which only reinforces the cycle of marginal work.