Years of Experience
For those who claim five to nine years of work experience, pay on average amounts to approximately $59K per year. The largest fraction of The Vanguard Group people (42 percent) have been working for one to four years and earn about $50K annually on average.
When it comes to location, the highest average paycheck ($76K per year) can be spotted in the company's headquarter city of Valley Forge, Pa.; Wayne, Pa. ($73K), Philadelphia, Pa. ($65K), and Malvern, Pa. (around $62K) are the next top-paying cities. At $49K, Scottsdale, Ariz. is home to some of the lowest pay in the country. By state, The Vanguard Group employees make the most in Pennsylvania, earning around $63K annually on average.
Investment Consultants rake in the most money, with average earnings of about $65K per year; Financial Advisors come in second with average earnings amounting to $64K, while Software Developers and Java Developers rank near the top as well ($63K and approximately $62K, respectively). Financial compensation for Client Relations Specialists is rather low — on average only $40K — relative to the rest of the company.
Certifications and Degrees
Being a Chartered Financial Analyst certainly has its perks — salaries approach around $67K annually and far exceed the paychecks of those without certification. On average, salaries rise to about $66K per year for accredited Certified Financial Planners. Those with a Master of Business Administration (MBA), Information Technology Management at The Vanguard Group come out on top, and their salaries approach approximately $91K annually.
The highest-paying skill in this position seems to be Project Management; individuals who report it as part of the repertoire have a median income of $64K per year. A skill that is commonly seen around here is Customer Relationship Management; nearly one in five deem it necessary for work. Other top skills include Java, Customer Service, and Investment Management.
Benefits and Perks
The benefits packages at The Vanguard Group can sometimes lack paid time off; 35 percent get paid vacation days, and one in ten employees receive paid sick leave. Most employees save up for retirement through a 401(k) plan. At The Vanguard Group, a large number of respondents have health insurance, and most survey participants have dental coverage. The Vanguard Group folks also make good use of tuition reimbursement, life insurance, gym membership, and flexible hours.