Ria Money Transfer reviews

3.5

59% would recommend to a friend

(414 total reviews)

Juan C. Bianchi

65% approve of CEO

48% positive business outlook

Ria Money Transfer has an employee rating of 3.5 out of 5 stars, based on 414 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Ria Money Transfer employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzas industry (3.7 stars).

Reviews by job title

414 reviews
1.0
Nov 23, 2017

Mismanaged Cliques

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

-Decent HMO Benefits (Kaiser Permanente)

Cons

-Woefully under-compensated (expect 25-45% less than fair market wages) -401(k) matching is "OK" but nowhere near as competitive as others (50% of employee contribution up to 3%) -Tuition Reimbursement of $2000 per annum doesn't encourage seeking advanced degrees (other companies offer $5000+) -No upward mobility (unless you're in one of the cliques) -Most management positions are occupied by those who can't speak English (understandable since main demographic is Hispanic, but to advance the company to compete with WU or MGI, a better grasp of the language is mandatory) -Nepotism and Cliques (you are either in one of the management cliques or you're not -- if you're not, then you are out of the running for most positions) -Technology is a joke (no investment in innovation and outdated systems) -No understanding of Exempt/Non-exempt employees (everyone is treated like an hourly associate) -Vacation Accrual is outdated and in favor of the employer -Machismo and an uncomfortable environment is encouraged from the top-down (womanizing jokes, anti-LGBT jokes, etc.)

1.0
Feb 13, 2020

Product leadership has no leadership experience

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great people at the ground and director level in most teams. The work makes you really feel like you’re helping people at the end of the day.

Cons

Product team recently went through a change in leadership and former product leadership was doing a great job. They were replaced with leadership who have never been in that role, and have never had any leadership experience or direct reports. New product leadership seems to be shifting the office hours from 9am-5pm to 2pm-12:00am (or they just are showing up late, because they can). The other teams are expected to collaborate with these product team members, but they are rarely in the office due to having to do the same job for the sister company of Ria. There are no business analysts (there is one Project Manager who really is great at their job, but they’re not allowed to do their job). Employees are expected fill these gaps and perform their normal duties until the team gets to full staff, this team has never been full staff and cannot retain business analysts or project managers. There seems to be a push to fill the office with people who require a Visa and will work more hours for way less pay than market rate, which is unfortunate for those people who could make market rate at any other employer in denver

1.0
Apr 15, 2019

Poor culture and zero accountability

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Decent office downtown, flexible schedule. Challenging product and problems to work on. Opportunity to build something interesting and potentially great.

Cons

RIA struggles mightily with a culture of gossip and cliquish behavior. It's surprising how the rumors fly around there despite it being such a small office. To make matters worse the main offenders are protected by senior management and continue to alienate coworkers and stifle productive collaboration. Additionally, meetings too often end with people yelling at someone and storming out leaving the rest of the group to put the pieces back together. It's an often tense place to work with lots of whispering about what just happened. There is also a severe lack of accountability across the organization. There's too many people protecting their 5 hour work day. Most people lack the professionalism to dig in for 8 hours and own their project and responsibilities. They lack modern software delivery processes and fight any effort to implement them. Making most choices because it's the least amount of work and not taking a long-term and future view to the product. There's very little effort with senior management to make any real and lasting change to modernise process and hold people accountable for their responsibilities and behavior.

Viewing 16 - 18 of 414 Reviews

Glassdoor has 598 Ria Money Transfer reviews submitted anonymously by Ria Money Transfer employees. Read employee reviews and ratings on Glassdoor to decide if Ria Money Transfer is right for you.