In this article, we have provided information regarding the Vanguard Employees review on the Vanguard Employee Benefits provided by the company. If any employee is aspiring to join the Vanguard can continue reading this article to know more about the benefits and perks provided by the company.
Vanguard Employee Benefits and Perks
The American-based company, Vanguard is an investment advisory company that was founded in the year 1975 with its headquarters located in Malvern, Pennsylvania. The company is known to be the largest mutual fund company and it is the second-largest exchange-traded company funds provider worldwide.
Vanguard’s essential products are asset management, mutual funds, exchange-traded funds, and brokers. The company has around 16,000 employees that are continuously providing their services to their customers. Vanguard believes in keeping its staff loyal and thus they are providing them with attractive employee benefits that also include retirement benefits and other amenities.
Vanguard wants their employees to stay loyal towards them and hence they are providing them with several savings plans that will help them in the future after retirement it will be a secure source of money for the employees.
What are the different Vanguard employee benefits?
The company provides a number of benefits with different ranges to the employees that will help them with career planning and also retirement planning. The Vanguard Employee benefits provided by the company are listed below
Health insurance:- The company provides a number of options for health insurance through Aetna.
Life insurance:- There are two different plans available for the employees in which upper limit varies from $50,000 to $1,000,000.
Vision coverage:- Employees can enjoy vision coverage that is offered through VSP.
Dental coverage:- The employees will be provided with two different plans standard and enhanced these plans are provided through delta dental.
401K plan:- The company will be contributing 10% of the employee’s salary.
Retiree medical benefits:- The employee’s who are above 40 years can take benefits from the retiree medical account and they will be credited $5500 per year. This amount is accessible after retirement and it also can be used for healthcare premiums.
Prescription drug coverage:- The company will provide coverage on prescription drugs at lower costs.
Maternity leave:- 16 weeks of maternity leave for to be mothers and 6 weeks of paid paternity leave for to be fathers.
Additional leaves:- Employees can take additional leaves for family care, injury duty and medical leave.
Disability coverage:- The company is providing short term and long term disability coverages according to the needs of employees.
Education assistance:- Vanguard is providing scholarship programmes to the employees and their dependents through this programme.
Vehicle discounts:- Under this programme the Volkswagen supplier purchase programme is available and many more discounts on purchasing vehicles.
Dependant benefits:- There are various number of coverages available through FSA employees dependants.
Fitness programmes:- The Wellness centre of the company provides different programmes like fitness training and weight loss to the employees.
What are the employee benefits Vanguard is known for?
The company is offering the employees an affordable range of benefits that include job benefits, retirement benefits and amenities that will help the employees. We have listed the best-known benefits provided by the Vanguard below.
- Health insurance
- 401K match up to 4%
- 10% contribution by the company in employee’s salary
- 16 weeks of maternity leave
- 31 days of paid time off
- Vehicle discounts
- Student loan repayment support
- Retiree benefits
Vanguard is offering its employees an extensive range of health benefits that cover dental, vision and prescription drugs. The company also provides fitness programmes that will support the employee’s health management and these programmes are offered by Wellness centres.
The company believes in giving their employees with paid time off policy and this policy is valid from 18 days to 31 days. The company also provides their employees with paid leave for family care, and injury duty and medical leave. Vanguard is also providing maternity leave of 16 weeks for to be mothers and paternity leave for to be fathers up to 6 weeks. The savings plan of Vanguard that is 401K will contribute up to 10% of employees salaries every quarter and the employees can enjoy up to 100% match on their contribution.
Does Vanguard benefits change for different jobs?
The benefits provided by Vanguard change according to the eligibility of the employees and it also depends on different types of factors like level of job, years of employment and full time or part-time employees. The employees who are working part-time don’t have access to all the benefits offered to the full-time employees. A tuition assistance programme is available for the employees who are eligible. Employees who are recently hired by the company do not get immediate access to all the benefits. The benefits also vary according to the state policies.
The company provides health coverage is provided to employees that will also include dental, vision and prescription drugs for financial benefits 401K plan, short term disability insurance, life insurance, Vanguard PTO policy and many other extensive benefits and perks are provided to the employees that will help the employees with their career as well.
Discover Vanguard Jobs and Careers
Vanguard Contact Details
| Address: | 12421 Meredith Drive Urbandale, IA 50398 |
| Phone: | 1-866-324-4086 |
| Email: | customer.service@mercer.com |
Vanguard Crew Perks & Benefits Summary
We have summarized the Vanguard employee benefits and perks below to just give you a quick glimpse of the article.
- Vanguard Retirement & Financial Benefits
- 401(k) Plan
- Profit-Sharing
- Defined Contribution Pension Plan
- Vanguard Health & Insurance Benefits
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Prepaid Legal
- Accidental Death & Dismemberment Insurance
- Long-term Disability Insurance
- Temporary Disability Insurance
Vanguard is offering all its employees the best healthcare facilities through Aetna including Dental, Vision, and Prescription Drug coverage, Exclusive 401(k) Plan plan, short-term disability insurance, life insurance, Vanguard PTO policy, and many other perks. This makes an employee more loyal towards the company and dedicated towards their work as well.
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Conclusion
We hope that the information provided regarding the Vanguard employee benefits was helpful to you and it has helped you in gaining knowledge regarding the benefits provided by the company. If you have any queries regarding the Vanguard employee benefits then you can comment down below and we will help you out.
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