100 Best Companies to Work For
Vanguard Group
Rank: 60 (2005 rank: 72)
Headquarters: Malvern, PA
Industry: Financial Services
Large Companies Rank: 18
2004 Revenue ($ millions): N.A.
U.S. Sites: 3
Website: http://www.vanguard.com
What makes it so great?
The mutual fund operator recognizes exemplary service with $250 spot-bonus awards. To show appreciation during an especially busy period, CEO Jack Brennan gave everyone a double bonus.
U.S. employees 11,070
Employees outside U.S. 1
% minorities 21
% women 45
New jobs (1 year) 800
% job growth (1 year) 8
Professional training (hrs./yr.) 64
% voluntary turnover 7
Applicants 4,000
Most common job (salaried) Supervisor N.A.
Most common job (hourly) Client Relationship Associate N.A.
N.A.: Not available. U.S. employees includes part-timers as of time of survey. Job growth, new jobs, and voluntary turnover are full-time only. Average annual pay: yearly pay rate plus additional cash compensation for the largest classification of salaried and hourly employees. Revenues are for 2004 or latest fiscal year. All data based on U.S. employees.