Pros
If you are a Vanguard investor and qualify for admiral shares your raise included $25 in reduced expense ratios. Of course your health insurance went up $30 this year.
Cons
The annual employee survey begins this week. Last year's survey revealed a 10% decline in employee engagement. Rather than make positive changes at the workplace, management has decided to change the questions. Morale is bad and getting worse. Take a look at the average rating on this website, the trend score is rapidly declining. Look at Vanguard's score relative to their major competitors. Vanguard scores statistically below Wells Fargo, Fidelity, and Charles Schwab to name a few. Employees, consider this as you are taking the survey this year. Q1. I know what is expected of me at work. Q2. I have the materials and equipment I need Q3. My opinion counts. When you think about your response consider this for each question. Q1. We do know what is expected of us. You will find out what was expected of you during your year end review. It is expected that you will change the objectives for my job in September several weeks before the review period ends. It is expected that someone significantly younger than you with much less experience will make decisions about how you do your job. In all likelihood you should expect someone from VADP will be your manager's manager. Q2. We do have the materials and equipment we need. It's just that they don't work well, if they work at all. We do have the materials and equipment we need but the policy has changed in the last 2 months and no one bothered to tell you. Not only has the workflow changed but there is probably an exception to the policy that no one has shared. Q3. Our opinion does count. It counts against me at review time. It counts against me when applying for a promotion. It counts against me when your bonus and raise are decided. My opinion counts toward making me further development needed.