Monex USA Compensation Employee Reviews | Comparably
Monex USA Claimed Company
For over 23 years, Monex USA has provided corporate clients with industry-leading foreign exchange, risk management, and international payment solutions. Headquartered in Washington, DC, Monex USA has New York and Beverly Hills offices. As part of the global financial group of Monex, the company leverages a combined annual FX volume of over $247 billion and 2,800 employees to help more than 70,000 clients from a broad range of industries successfully navigate the global currency markets. With nearly four decades of experience, Monex is one of the world's largest commercial foreign exchange providers, with a presence in Mexico, the United Kingdom, Spain, Canada, Holland, Singapore, Luxembourg, and the United States. read more
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EMPLOYEE
PARTICIPANTS
33
TOTAL
RATINGS
957

Monex USA Compensation Employee Reviews

What is the best part about your compensation package?

The salary is higher than other positions in the field.

I feel valued as an employee. The stress is worth the paycheck. And because I see the constant million dollar growth, I know why people have been here 15+ years.

Paid Time Off, as well as ability to work from home.

The 401k matching . .

The best part of the compensation is bonuses!

Review from Operations Dept

the best compensation is my bonus

Review from Operations Dept

Not willing to comment on this

Insurance benefits are fairly priced and have multiple helpful options. It is not just medical but also everything else one might need.

Review from Sales Dept

Match on 401K is 4%.

Quarterly bonuses - they're based both on individual and company performance equally, so when the firm succeeds, we succeed!

pay and goals are easy to track/understand

Bonus and Tax Free commuter Benefits

Review from Operations Dept

Our 401k and health plan make planning for my future easy as well as the return for our travel budgets

Review from Sales Dept

I have never had a base salary before and for me, this is important.

Review from Sales Dept

It rewards efforts effectively and promotes long term retention.

Review from Sales Dept

401(k) match - promotes saving for the future.

Unlimited upside for top performers

Review from Sales Dept

It is a well-rounded compensation package.

Monex has a meritorious pay-for-performance compensation approach for client facing staff.

The annual bonus which is paid out quarterly. I like that we have quarterly reviews so there are never any surprises and we do not have to wait until the end of the year to have our bonuses paid out.

Why do you feel undervalued and what would make you feel better about your compensation?

Close the gap between level of responsibilities and compensation.

A lot of us are under market rate, but it’s hard to argue with an em

I don't think the company has quite figured out the right balance after Covid/return to work. I think because the company has penny-pinched for so long they don't know how to properly pay existing employees to industry standard.

Review from Sales Dept

To be paid more based on the revenue I bring in

More money, more collaboration between departments

employees at other companies doing the same job are pad 3 times as much

Review from Sales Dept

Restructure of compensation plan for the team.

Data and reports that let me know what my compensation is on a daily basis, or whenever I need to pull them.

Review from Sales Dept

My pay is not on par with average salaries by title or location. The business does not do a good job of recognition outside of sales.

Review from Sales Dept

Commensurate with years of experience and benchmarks for the location of our office.

Review Sentiment at Monex USA

93
93%
7
7%

About Monex USA's Compensation

B
79/100

Where This Score Ranks Monex USA's Compensation

TOP
30%

In the Top 30% of 2029 similar size companies on Comparably

TOP
20%

In the Top 20% of 224 companies in Washington, DC

1st

1st place versus 5 competitors rated on Comparably

33 employees at Monex USA score their wages and compensation a B on average. As a testament to this, when employees are asked “Do you believe you're paid fairly?”, 73% say Yes. The Sales department is the most satisfied with their compensation, ranking it 65/100. If you want detailed data about Monex USA's wages, see the <a href="https://www.comparably.com/companies/monex-usa/salaries">wage breakdown by department, job titles, locations, and more.</a>

Rate Compensation the Highest

  • Experience - Entry Level
    +12%
  • Ethnicity - Caucasian
    +7%
  • Gender - Male
    +2%

Rate Compensation the Lowest

  • Experience - 6 to 10 Years
    -15%
  • Department - Sales
    -14%
  • Gender - Female
    -7%

How Monex USA's Compensation Score is Calculated

FILTER RATINGS BY

Results from 33 Employees in All Departments, All Genders, All Ethnicities and All Yrs. Experience Experience

AnswerPercent
Yes73%
No27%
Do you believe you're paid fairly?
AnswerPercent
Yes82%
No18%
Are you satisfied with your Benefits?
AnswerPercent
Yes0%
No0%
Does your company give annual bonuses?
AnswerPercent
Every 6 months or less0%
Every year0%
Every 2 years0%
Every 3 years or more0%
Never0%
How often do you get a raise?
×
Rate your company