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Average Salary for The Vanguard Group Employees

Valley Forge, Pennsylvania-based The Vanguard Group hires for positions ranging from Client Relations Specialist to Client Relations Associate in the investment management industry. The median income for The Vanguard Group employees is $59K annually. The most important factor affecting pay for The Vanguard Group employees is how long you've been working, though your role at the company and your city play a role as well. This report is based on responses to the PayScale salary survey.

How This Employer Pays

The Vanguard Group typically pays:
-1%
below market
Similar employers pay:
at market
 
Employer: The Vanguard Group
Average Salary Range by Job
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
[-]Client Relations Specialist (12)
$34,765 - $45,132  
   
[-]Client Relations Specialist (12)
Salary$34,348 - $44,385  
   
Bonus$490.38 - $7,026  
Total Pay$34,765 - $45,132  
[+]Client Relations Associate (11)
$29,518 - $51,427  
   
[+]Client Relations Associate (11)
Salary$28,959 - $46,169  
   
Bonus$508 - $7,434  
Total Pay$29,518 - $51,427  
[+]Investment Consultant (7)
$40,064 - $112,006  
   
[+]Investment Consultant (7)
Salary$36,795 - $87,316  
   
Bonus$1,610 - $18,458  
Profit Disbursement$1,488 - $14,594  
Total Pay$40,064 - $112,006  
[+]Software Developer (5)
$49,096 - $93,626  
   
[+]Software Developer (5)
Salary$47,935 - $79,776  
   
Bonus$1,597 - $15,714  
Total Pay$49,096 - $93,626  
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
)
Country: United States | Currency: USD | Updated: 7 Nov 2014 | Individuals Reporting: 176
United States (change)

The Vanguard Group Details

Valley Forge, Pennsylvania

Investment management

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Freebase CC-BY Source: Freebase, licensed under CC-BY

Years of Experience

For employees with five to ten years at the company, wages tend to be at the around $54K mark. Broken down by tenure, the largest number of The Vanguard Group employees (36 percent) have one to four years of experience and typically earn $44K per year.

Jobs

The highest average salaries go to Software Developers, who bring in close to $61K, though Financial Advisors are not far behind at $57K along with Client Relationship Managers (about $53K) and Certified Financial Planners (approximately $51K). The Vanguard Group hands out some of the smallest paychecks to Client Relations Associates ($37K).

Locations

Median pay is highest in Malvern (around $63K annually), followed by Philadelphia (about $59K), Phoenix ($51K), and Scottsdale ($50K). Expected earnings are below average (approximately $44K) in King of Prussia, one of the lowest-paid cities. Across The Vanguard Group's U.S. offices, employees in the state of Pennsylvania earn the most, taking home around $60K per year.

Certifications and Degrees

Salaries approach $130K for Project Management Professionals; non-accredited workers make much less. Certified Six Sigma Black Belts with credentials can live quite comfortably; salaries come in at $71K annually. At The Vanguard Group, employees who hold a Master of Science (MS), Computer Science (CS) receive the highest salaries at about $99K.

Skills

When it comes to skills, Project Management seems to bolster pay the most; employees who claim proficiency also enjoy a median income of $70K. Customer Relationship Management is a popular skill among The Vanguard Group workers, with about a fourth of those surveyed reporting using it on the job. Microsoft Excel, Microsoft Office, and Client Interaction round out the set of key employee skills.

Benefits and Perks

45 percent have paid vacation, and only about 18 percent can take paid time off for illness. Almost all workers plan for retirement by taking advantage of the company-sponsored 401(k) program. The vast majority of workers have health insurance, and benefits for a strong majority of workers also include dental insurance. Employees can also look forward to life insurance, tuition reimbursement, a casual working environment, and flexible hours.

Key Stats

Female
36 %
Male
64 %
Salary
$36,888 - $63,991
Salary
$37,576 - $73,117
Less than 1 year
10%
1-4 years
39%
5-9 years
20%
10-19 years
25%
20 years or more
6%
Highly satisfied
Rated 4 out of 5
based on 56 votes.

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