Pro's Need Not Apply - Software Developer Ria Money Transfer Employee Review

1.0
Jun 4, 2020
Recommend
CEO approval
Business Outlook

Pros

Sometimes there are pizza parties?

Cons

Nepotism. Rampant nepotism, which is caused by, and leads to very poor, incompetent management. The bar at this operation is about as low as it gets: talent, pay, working conditions; it's all just far below what you'd get out of other "financial" companies like Schwab, Western Union, Raymond James, E-Trade, etc.. You'll be working with mostly junior people (nothing against them), and lots of them. Since everything is so dumbed down and repetitive, they really don't look for talent and therefore don't really need to pay for it, so they make up that gap in sheer numbers (yes, it works as well as you think it would). You'll be shamed for wanting to do things the right way, or for trying to raise the bar in what you create and how you go about creating it. If someone approaches you about working for this organization, politely ask some tough questions about turnover (especially turnover), ways of working, pay and how promotions work. Don't worry, you won't scare them away, they're likely desperate, as the place is a perpetual revolving door, but you owe it to yourself to level set on expectations before you find yourself itching to leave after 6 months. You've been warned.

Explore other reviews about Ria Money Transfer

5.0
Jun 8, 2026
Recommend
CEO approval
Business Outlook

Pros

Great place to learn customer service! Great atmosphere Consistent schedule

Cons

Stress when cashing checks Working alone the majority of the time

1.0
Jul 2, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Not many pros here. For some its the people, for others its the free lunch once a week. Free food wasnt important to me.

Cons

Initial onboarding was nonexistent. The culture is very every man for himself which really hinders collaboration even though thats the justification for being in a hybrid work schedule. Senior Management is terrible at managing the business so instead they bring in a consulting firm (not out of the ordinary) to make recommendations on where the business should be headed. They are far behind competitors in terms of product offerings, reliability, and trust because there is too much bureaucracy. The physical retail stores have become a hinderance for the company. Career advancement is not something managers will work with you on unless you constantly ask and even then there is no clear progression plan or support to reach that goal for yourself. Work will start and then stop because "someone disagrees" - more tenured employees will complain and use that tenure to try and either take credit for something or top work they think we shouldn't do when its not their decision. They will lay you off due to cost saving measures and then rehire your role in another country to save money. You will be paid under market value and your annual raise will be a paltry 2% mostly eaten up by taxes. They say they offer bonuses but that is inconsistent and if you do get one again it will be small and non-impactful and be eaten up by taxes. Their internal recognition program is not great. Most people submit for their friends rather than people doing impactful work. Feels like a popularity contest.

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