MoneyGram International - The promise of investing in your career is a pipe dream. Outsourcing to India is wide spread and increasing | Glassdoor
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There are newer employer reviews for MoneyGram International

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Helpful (2)

"The promise of investing in your career is a pipe dream. Outsourcing to India is wide spread and increasing"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Software Engineer in Saint Louis Park, MN
Current Employee - Software Engineer in Saint Louis Park, MN
Doesn't Recommend
Negative Outlook
Disapproves of CEO

I have been working at MoneyGram International full-time (More than 3 years)

Pros

Like the airline management team that decided to save $2 million annually by reducing the number of tomatoes in salads, the mgmt team at MoneyGram continues to reduce and cut benefits. If you enjoy India contractors talking in Hindustani (or one of the other 22 regional India languages) constantly around you when you are trying to work, then MoneyGram is the place for you.

Cons

Management says they care about their employees while their actions are completely opposite. More FTE jobs being outsourced in the name of increasing shareholder value. Work environment is set up so terribly it's nearly impossible to focus and get any work done.

Advice to Management

All suggestions to management are ignored, so why bother?

Other Employee Reviews for MoneyGram International

  1. Helpful (2)

    "Overall a decent company to work for in the last few year it has taken a turn towards moving jobs overseas."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Workforce Analyst in Lakewood, CO
    Current Employee - Workforce Analyst in Lakewood, CO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at MoneyGram International full-time (More than 8 years)

    Pros

    Pay is good for the area and competitive

    Cons

    outsourcing majority of US jobs


  2. Helpful (1)

    "Representative"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Major Account Representative in Lakewood, CO
    Current Employee - Major Account Representative in Lakewood, CO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at MoneyGram International full-time (More than 5 years)

    Pros

    MoneyGram operations is one of the global leading money transfer companies.
    There is a great work environment with nice multicultural high educated people.
    Even though MoneyGram a "mature" company as far as time since it was created and technology investments, it behaves like a start up making many structural changes that sometimes feels like they have lack of strategy that at the end cost money that could be invested in technology.

    Cons

    MoneyGram is shows sign of the struggles from 2008 economic impact.
    This company has not kept up with technology investments to keep being a strong competitor in the money transfer business or in paper products business.

    I disagree with MoneyGram current approach on cutting cost. It is going to hurt the company in the long run.

There are newer employer reviews for MoneyGram International
There are newer employer reviews for MoneyGram International

See Most Recent

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