Skip to contentSkip to footer
      employer cover photo
      employer logo
      employer logo

      Riverty

      Engaged employer

      Riverty Reviews

      3.7

      74% would recommend to a friend

      (138 total reviews)
      avatar

      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 Finance industry (3.7 stars).

      Reviews by job title

      138 reviews
      2.0
      23 Mar 2024

      If you are passionate about Technology, DO NOT join Riverty

      Head of software development
      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.

      avatar
      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
      1.0
      6 Sept 2023

      Abusive manager, toxic conditions

      Product owner
      Recommend
      CEO approval
      Business outlook

      Pros

      * Office snacks. * For a teen boy the gender and culture insensitive welcome swag might be useful.

      Cons

      *Low morale. * Overworking is expected. Burnout is acknowledged and dismissed. * Roles are heavily misrepresented during the interview phase; one may never end up working on the product they applied and interviewed to work on. * 80’s style management privileged over modern leadership (sink or swim attitude with strategically leveraged “positive” and “negative” feedback instead of consistent, constructive dialog or input). * Little thought leadership in Product to learn from; e.g. building company “value” at client’s detriment (not just expense) is rewarded with bonuses. For multiple products or services there is no documented strategy or goals. * Management personnel are candid that colleagues with more traumatizing migration stories are more likely to tolerate poor working conditions at Riverty and “succeed.” * HR diligently closes multiple positions when a team hires one person. Under-hiring across the company precipitates hostile interactions between teams as colleagues protect artificially limited resources. * Dismal onboarding; some canned videos but no structure, little material. No documentation for most products/services. * Gossiping is normalized (1:1 or platform-wide). Senior people share deeply personal details about colleagues unprompted, make inappropriate suggestions about neurodivergence, aptitude, and more. * It was clarified - with HR endorsement - that 1 person should fill 3 roles in one team (i.e. perform equivalent 120 hrs of work per week). * At best “Diversity and Inclusion” is shameless self-promotion without substance, at worst it is dangerously exploitative.

      avatar
      Riverty Response
      2y
      Dear former Product Owner, Thank you for taking the time to share such detailed feedback about your experience at Riverty. I genuinely regret hearing about the issues you've outlined, and I want to address them sincerely. Firstly, it's concerning to learn about your perceptions related to the management and overall working environment. We value every team member and are committed to fostering a culture where everyone feels safe, seen, heard and respected. The discrepancies between role expectations set during interviews and the actual role are concerning, and we will certainly review our recruitment and onboarding processes to ensure clarity and transparency. We aim for our colleagues to have the resources they need to thrive, and it seems we fell short in your case. Regarding your comments on diversity, inclusion, and equity, they are deeply unsettling. We're fully dedicated to these values, and it's evident that we need to take a closer look at our actions, especially in leadership roles, to ensure we're genuinely walking the talk. Your feedback about HR practices and their interaction with the teams is alarming. It's essential for us to ensure that all our teams, including HR, uphold the highest standards of professionalism and integrity. We'll delve deeper into this matter and implement necessary changes to ensure that everyone at Riverty feels valued and respected. Lastly, we are sorry to hear about the issues you’ve mentioned regarding workload expectations. We firmly believe in work-life balance, and we'll reassess our current practices to guarantee this balance for all employees. We genuinely appreciate your feedback, as difficult as it is to read. It provides a crucial perspective that will guide our steps forward, helping to foster a healthier, more inclusive, and supportive workplace for all our team members. Warm regards, Martin Employer Branding
      4.0
      17 Jul 2023

      Embracing Remote Work with Supportive Environment and Exciting Projects!

      Software engineer
      Recommend
      CEO approval
      Business outlook

      Pros

      Remote-Friendly: One of the things I truly appreciate about my company is its remote-friendly approach. They understand the importance of work-life balance and provide the flexibility to work from home, which has been a tremendous support for me and my colleagues. Supportive Environment: The company fosters a culture of support and camaraderie. From the leadership to fellow team members, there is always a helping hand and an open ear to lend support, making the workplace feel like a true community. Competitive Compensation: I am grateful that my company offers a competitive salary package. It demonstrates their commitment to valuing and rewarding their employees for their hard work and dedication. Exciting Projects: The diversity and complexity of the projects I get to work on are truly exciting. They challenge me to grow professionally and creatively, providing a stimulating environment for personal development.

      Cons

      Managerial Challenges: Like any organization, we do encounter some challenges with certain managers. I believe that open communication and empathy can help address any issues and foster better working relationships. Complex Team Structure: The team structure can sometimes be intricate, making it challenging to navigate. Simplifying the organization could improve collaboration and streamline processes, allowing us to work together even more seamlessly. Job Security Concerns: I understand that the company operates in a dynamic environment, but occasional concerns about job security can cause some unease. I hope for transparent communication about changes and decisions to help alleviate these worries.

      avatar
      Riverty Response
      2y
      Dear colleague, Thank you for sharing your Riverty experience. Thank you for your detailed and insightful review. We're heartened to hear about the positive experiences you’ve had with Riverty, particularly in regards to our remote-friendly policies and the supportive work environment. With our rebranding in October 2022, we took the initiative to invest in a more user-friendly intranet communication platform. Our aim is to constantly evolve and provide transparent and relevant internal communication for everyone at Riverty. With our recent LEAD leadership development program initiative we equip all senior leaders with the skills to navigate the teams through uncertainties and ensure Riverty's success. Your feedback on managerial challenges, team structure, and job security concerns is crucial. We’ll reflect on these points and aim for continued improvements in these areas. Best regards, Martin Employer Branding
      Viewing 1 - 3 of 138 Reviews
      Related searches: Riverty jobs | Riverty salaries | Riverty benefits | Riverty interviews
      ReviewsRiverty 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.