Riverty reviews

3.7

74% would recommend to a friend

(138 total reviews)
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Andreas Barth

78% approve of CEO

57% positive business outlook

Riverty has an employee rating of 3.7 out of 5 stars, based on 138 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Riverty employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzen industry (3.7 stars).

Reviews by job title

138 reviews
1.0
Mar 26, 2024

Company with no integrity

Recommend
CEO approval
Business Outlook

Pros

Pays well and has multiple locations

Cons

The HR is highly incompetent, they lie in interviews, don’t action important people matters and then refuse to take responsibility for their actions There is a big culture of lack of accountability for senior management Diversity is just a buzz word, but if you are a person of colour and a foreigner they will treat you like trash

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Riverty Response
2y
Dear Operations Manager, Thank you for taking the time to share your feedback and for your dedication to Riverty over the years. We truly value your long-standing commitment to our company. While we’re pleased to hear positive notes about our compensation and the diversity of our locations, we’re deeply concerned by the issues you’ve raised regarding HR practices, accountability within senior management, and our commitment to diversity. We want to reiterate unequivocally that Riverty does not tolerate discrimination of any kind. Ensuring a respectful, inclusive, and equitable workplace for all our employees is fundamental to our values. Every report of non-compliance, including discrimination, is taken seriously and addressed promptly. We encourage all employees to report any concerns or compliance issues through our internal hotline, which is a confidential resource designed to help us identify and rectify any inappropriate behavior or policy violations. It’s imperative to us that all employees feel supported and valued, irrespective of their background or where they come from. Best regards, Martin Employer Branding
2.0
Mar 23, 2024
Recommend
CEO approval
Business Outlook

Pros

Having worked there since a long time, some of the colleagues and co-workers i met were simply incredible and shaped my career positively.

Cons

- the absolute worst middle-management that i have ever seen. - The amount of politics that happens at the middle management level on the Tech side of the company, is honestly mind-boggling. Most do not care about what they are building and are too happy to just pick up a pay-check. - things that should take 2-4 weeks to build-test-deploy, took 8-12 months to implement, due to software architects acting as gatekeepers, who have limited knowledge of software/system design and architecture, due to their limited exposures to tech outside the company. Most of them spent their entire lives there and Riverty (formerly Arvato Financial Services) was their first job. - no prospect of either horizontally or vertically career movement in the corporate/tech ladder due to middle management being very comfortable where they are, despite severely underperfoming. There are no roles beyond Software Architect, if one wants to continue in tech without moving into management. - Hikes and promotions were an uphill battle, even if you outperformed everyone else. In the past few years, quite a few of the good senior/architect level devs who were qualified to take the company forward have jumped ship and moved onto companies where their skills will be better valued.

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Riverty Response
2y
Dear Former Head of Software Development, Thank you for dedicating a significant part of your career to Riverty and for taking the time to share your experience. Your long tenure with us and the positive relationships you've formed with colleagues speak volumes about the community aspect of our workplace, which we highly value. However, it's disheartening to read about your frustrations, particularly regarding middle management and the culture within the tech department. We aim to foster an environment where passion for technology drives innovation and efficiency, and it seems we have areas that require significant improvement. The concerns you've outlined regarding the operational inefficiencies, lack of enthusiasm for technological advancement, and barriers to career progression are serious. We recognize that fostering a culture of continuous learning, open communication, and effective leadership is crucial for our growth and the satisfaction of our team members. Your feedback is a stark reminder that we must evaluate and address these issues to not only attract but retain talent passionate about making meaningful contributions to the tech industry. While we regret that your experience did not meet your expectations, we are grateful for the insights you've provided. They are invaluable as we strive to improve our work environment and ensure Riverty is a place where technology professionals can thrive and feel valued. We wish you all the best in your future endeavors and hope you continue to make significant impacts in the tech industry. Best regards, Martin Employer Branding
5.0
Mar 3, 2024

top

Recommend
CEO approval
Business Outlook

Pros

Most human-centric Fintech, good corporate culture, high flexibility

Cons

More could be done regarding compensation, bonus and promotion as well as work life balance,

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Riverty Response
2y
Dear Senior Manager in Baden-Baden, Thank you for your glowing review and for being an integral part of the Riverty team for over five years. Your long-standing commitment and positive outlook on our corporate culture and flexibility are truly valued. We're thrilled to hear that you regard Riverty as a highly human-centric fintech company. Creating an environment where our team feels valued and supported is a top priority for us, and it's encouraging to know we are on the right path. Your feedback regarding compensation, bonuses, promotions, and work-life balance is well-received. We understand the importance of recognizing and rewarding our team's hard work and dedication. Ensuring that our employees feel appreciated and have a healthy balance between their professional and personal lives or a better integration of both is crucial. Thank you once again for sharing your experience. Your insights are invaluable as we strive to make Riverty not only a great place to work but also a place where our employees feel truly rewarded and balanced. Best regards, Martin Employer Branding
Viewing 46 - 48 of 138 Reviews

Glassdoor has 196 Riverty reviews submitted anonymously by Riverty employees. Read employee reviews and ratings on Glassdoor to decide if Riverty is right for you.