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Ria Money Transfer

Part of Euronet

Engaged Employer

Ria Money Transfer reviews

3.5

59% would recommend to a friend

(413 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 413 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 Financial Services industry (3.7 stars).

Reviews by job title

413 reviews
1.0
Aug 21, 2024
Recommend
CEO approval
Business Outlook

Pros

I truly believe most of the nice reviews listed on this page are new hires that are being pushed by their recruiters to complete good reviews in the first 90 days. Don't believe a word that is said. The Denver office building is in a prime downtown location. Lunch is ordered every Thursday for the office. Snacks and drinks are aplenty. Great Gym onsite. 3 weeks vacation, 48 hours of sick time and 2 personal days kept me out of a depression. HR plans great employee and volunteer events throughout the year which helps make it more enjoyable. However, the cons far outweigh the pros!

Cons

Ever since the last managing director of the Denver office left in March 2024 the office culture has been a dumpster fire. Nepotism everywhere you look! The leaders hire people they know and favor them once hired. Good luck getting a decent raise or a promotion. The head of Product who is now in "charge" of the office would rather micromanage employees and all other departments above doing his own job. Oh by the way the head of Product is related to the CEO and can get away with discrimination and unequal treatment practices. Have I mentioned RUN! The leadership in this company operates in ways that are often unethical, with practices that raise serious concerns. There are numerous inconsistencies in the company's business operations, and it's only a matter of time before an audit could potentially lead to its downfall. This company consistently undervalues its smart and skilled employees, with leadership offering low salaries and minimal raises year after year. There is a noticeable pay gap, with men earning more than women, and the company lacks diversity, especially in leadership positions, where women are significantly underrepresented. Benefits are a complete joke. The competitor down the street offers paid maternity leave and offers more paid holidays. However, if you're looking for Good Friday off, Ria is the company for you, but if you want more diverse holidays like MLK or Juneteenth off, forget about it. Don't even get me started on the office space issue. They expect to cram something like 60+ employees into the office with only like 30 desks. Most busy days they have people sitting on the floor because there was no more desks available. But employees have to be in 3 days a week for collaboration. How is this acceptable? Oh and by the way the office capacity sign states 54. Have I mentioned that this company doesn't care about your well being. Run! Run! Run!

1.0
Jun 10, 2023

Beyond Toxic

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

There are some nice coworkers.

Cons

Avoid if you have any other options. You could write pages about the cons. Totally toxic environment. Senior leadership is arrogant and many aren't even qualified for their roles. Employees are expendable. Lots of broken promises. Outside of senior leaders, for the most part, salaries are below market and raises minimal. Benefits are costly and just average. Very poor HR function. No communication because employees don't matter. No professional development. The current CEO is not well-liked and for good reason. Many, though not all, employees are unhappy and think Ria is a bad place to work. Many stay because they don't speak English fluently and feel they can't find another job. There is a reason for the high turnover. It's not a healthy, happy place to work. Of course there are pockets of old-timers who are happy, and some newbies who immediately are a part of the "in crowd." But for the majority, it's not a positive experience. Ria turns a deaf ear when there issues are brought up to them. This is a great place for poor performers as Ria rarely takes action. They don't reward those most deserving and do little about those who slack.

1.0
Jan 5, 2022

It’s not worth it

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

There are some kind and well meaning people. It is a very diverse company, so a lot of opportunities to learn about other cultures.

Cons

Ria has a toxic culture, and it starts at the very top. Nepotism is a big issue here, and it has led to very poor leadership for key areas of the business. And although it is well known that these leaders are driving talent away and hurting the business as a whole, they rarely face consequences. Some of the people in prominent positions are there because of childhood friendships or inappropriate personal relationships. Because this is happening at the top, people who point out these discrepancies in accountability are usually the ones punished or end up leaving. Spain runs the show. Everyone, including the CEO is afraid to push back on anything that the Spain office wants to do. The team there will refuse to collaborate, hide key information, and run around doing whatever they would like. They rarely face consequences and leadership has stated that they don’t care about real metrics or performance for that team. These issues are leading to a very high turnover rate. Your options are to either not complain, fall in line, and do things as they have always been done without question, or leave. Do yourself a favor and look elsewhere.

Viewing 10 - 12 of 413 Reviews

Glassdoor has 597 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.