There are newer employer reviews for MoneyGram International

 

Okay place

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Anonymous Employee  in  Minneapolis, MN (US)
Former Employee - Anonymous Employee in Minneapolis, MN (US)

I worked at MoneyGram International

Pros

Stable place with good immediate leadership

Cons

Unsure of long term vision

Doesn't Recommend
Disapproves of CEO

97 Other Employee Reviews for MoneyGram International (View Most Recent)

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  1.  

    Loved what I did and the team I worked on; hated my experience with HR and the corporate BS.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Compliance Analyst  in  Brooklyn Center, MN (US)
    Current Employee - Compliance Analyst in Brooklyn Center, MN (US)

    I have been working at MoneyGram International

    Pros

    MGI is an industry leader and appears to be stabelizing. They claim to be growing and provide satisfactory benefits and competetive pay.

    Cons

    About 2 months after I was hired HR contacted me and informed me that my offer had contained an error in that my bonus should be 5% instead of the 10% I had accepted. Through some negotiation I was able to obtain a one-time bonus payment and the bonus percent was reduced to the pay grade standard of 5%.

    MGI's compliace department is going through a major transition in that the vast majority of the compliance teams are being moved to Dallas, TX. This may make sense in an organizational structure type of way, but the transition and leadership plan is anything but smooth. It's as if the decision makers didn't realize how much of an undertaking it would be to transition over 100 positions to a new location where I would venture to guess less than 10% of the employees were offered or accepted relocation. Talk about reinventing the wheel. The communication throughout the process left a lot to be desired and the decision to move operations came as a shock to everyone, even some senior leaders.

    Advice to ManagementAdvice

    I think training in empathy would be beneficial. Ending a meeting where dozens of people had just been informed that their jobs were no longer available with "but we are really excited in the direction MoneyGram is headed" is a little insensitive, to say the least. I think it displays a huge disconnect between senior leaders and the people who are truly running the compliance operations. Without is, your job would be insanely difficult, and I think you're beginning to see that as people leave and replacements are hard to come by. You made your bed, and I don't have a single ounce of sympathy for you.

    Doesn't Recommend
    No opinion of CEO
  2.  

    A place of uncertainty.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Minneapolis, MN (US)
    Current Employee - Anonymous Employee in Minneapolis, MN (US)

    I have been working at MoneyGram International

    Pros

    The benefit package that's available is pretty good. New hires come in with a nice amount of paid time off days.

    Cons

    Everything is changing so swiftly within the company, it is really hard to trust anything that is coming from upper management.

    Advice to ManagementAdvice

    Openly communicate with your employees, the sooner the better. All employees are aware of the changes that is being made and you have a lot of loyal employees that haven't felt like the loyalty has been returned.

    Doesn't Recommend
    Approves of CEO
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