Compensation. It is known VMG pays below market, anywhere between 10-25% less than the industry norm. Management has been conducting a market study on compensation but there have been no results thus far. Also, while there are opportunities for junior staff to contribute thought leadership work, there is little-to-no incentive to join these groups, as salary bands are narrow and less involved analyst class members are oftentimes paid equal to those heavily involved. The most common complaint of former employees is compensation not scaling, and they left VMG for a higher paying role despite everything else being exceptional.