Years of Experience
Survey participants who have worked at The Vanguard Group for between five and 10 years earn approximately $67K per year on average. Overall, the greater share of The Vanguard Group folks have one to four years of experience and earn an average about $51K annually.
Project Managers represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at around $87K per year — though Investment Consultants, Software Developers, and Financial Advisors also do fairly well at $65K, $63K, and $62K, respectively. Financial compensation for Client Relations Specialists is rather low — on average only around $41K — relative to the rest of the company.
When it comes to location, the highest average paycheck ($76K annually) can be spotted in the company's headquarter city of Valley Forge, Pa.; Wayne, Pa. ($73K), Philadelphia, Pa. (approximately $65K), and Malvern, Pa. (about $63K) are the next top-paying cities. Scottsdale, Ariz. is near the bottom for pay at $48K. Within the firm, employees working in Florida take home the most — $90K per year on average.
Certifications and Degrees
Salaries approach approximately $67K annually for Chartered Financial Analysts; non-accredited workers make much less. Becoming a Licensed Security Dealer can certainly pay off here; those folks make around $65K on average. The Vanguard Group compensates Master of Business Administration (MBA), Information Technology Management-holders the most at $91K per year.
The highest-paying skill to have in this role seems to be Project Management; employees claiming this as part of the toolbox earn a median of $66K annually. A skill that is commonly seen around here is Customer Relationship Management; slightly more than a fifth deem it necessary for work. Other skills in demand are Client Interaction, Customer Service, and Java.
Benefits and Perks
A third of respondents have paid vacation, and only about one in ten workers can take paid time off for illness. A large number of respondents allocate some part of their earnings to the company-sponsored 401(k) savings plan. A large number of workers can count on health insurance, and a large number of employees have dental coverage as a benefit. Perks also include tuition reimbursement, life insurance, gym membership, and flexible hours.