MasterCard

  www.mastercard.com
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MasterCard Reviews

Updated Jul 22, 2014
All Employees Current Employees Only

3.6 265 reviews

89% Approve of the CEO

MasterCard President and CEO Ajay Banga

Ajay Banga

(170 ratings)

76% of employees recommend this company to a friend

Review Highlights

Pros
  • The company also has a great culture and most of its employees try to have a good work-life balance(in 39 reviews)

  • Good benefits, good pay, good global exposure but still very beaurocratic and "meeting heavy"(in 19 reviews)


Cons
  • Forget about work life balance that they preach on paper but do not put in practice(in 9 reviews)

  • There is a barrier with middle management - the top is visible and engaged but info stops in the middle(in 9 reviews)

100 Employee Reviews Back to all reviews
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    working as a contractor at MasterCard

    Senior Systems Analyst (Former Employee) O'Fallon, MO

    ProsThey are very flexible in work hours, dress.

    ConsYour management may change due to reorgs or project.

    Advice to Senior ManagementThe are not consistent on how they treat contractors. My first manager treated me as an employee - 1 on 1's and provided training. My second manager really spent no time with me.

    Yes, I would recommend this company to a friend

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    MasterCard - a glocal company

    Director (Current Employee) Warsaw (Poland)

    ProsMasterCard is a global company however it gives a considerable degree of trust towards local country offices with regards to business strategy and decision making.

    ConsThere is not enough of growth/promotion opportunities for empolyees of the local country offices as opposed to global and regional headquarters.

    Advice to Senior ManagementThe strategy for promoting and growing people as well as possible employees relocation should be revised.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • No Opinion of CEO

     

    Great company, solid future

    Anonymous Employee (Current Employee)

    ProsMarket place is always changing and evolving so no opportunity to get bored.
    Comp seems to be in line or a little above average

    ConsCEO and one level down need to get more in touch with the rest of the company and stop believing their own hype. Tricky given the amount of comp they receive and probably no worse than elsewhere but seems to be getting worse.

    Advice to Senior ManagementStart listening more.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
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    1 person found this helpful  

    Great company culture

    Analyst (Former Employee) Purchase, NY

    Pros-Very positive environment, friendly people, beautiful headquarters in Purchase. Good/cheap cafeteria with healthy food, and a gym on site. They're very much trying to make a 'Google vibe' there, i.e., they just put in scooters to ride around the office.

    -Smart coworkers top-to-bottom. Most of the young grads went to very good universities.

    -Solid work/life balance. Not many people working insane hours.

    -Stock has been on a roll the last couple years. Wonder how much longer that lasts.

    -The company, with their 'MasterCard Labs', is really commited to creating technologically revolutionary products, even if they don't financially benefit the company anytime soon.

    Cons-It seemed like a lot of young workers were leaving for AmEx and better paying jobs.

    -Very rigid, old-fashioned military-style 'pay-scale'. Can be frustrating that pay and positions are so rigidly defined.

    -The public transit commute out to Purchase from the city can take 90 minutes door to desk. This certainly discourages city-livers from joining. The company is trying to rectify this by opening an office in Manhattan (Union Square) and by allowing more remote work.

    Advice to Senior Management-Seems like a lot of young workers leave after a year or two for higher paying opportunities at other firms. Not sure if this is actually that much of a problem, perhaps.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Great Company

    Human Resources (Current Employee) Miami, FL

    ProsGood management, good benefits. balanced approach

    ConsCulture in transition. As any other company in the same situation, some people may have to leave.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Good work environment and work life balance

    Director (Current Employee) São Paulo, São Paulo (Brazil)

    ProsVery good environment and good work life balance

    ConsIt is not meritocratic, slow decision process, technology development is too cost, slow time to market

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    New to MasterCard

    Senior Professional, Financial Systems (Current Employee) London, England (UK)

    ProsVery professional
    Colleagues are very friendly, approachable and helpful
    Objectives set for me on day 1 with an induction plan organised
    Highly supportive line manager
    Senior dept manager very visible and approachable

    ConsNo cons to comment on

    Advice to Senior ManagementNone so far. All in all a very positive experience for me in my first two weeks.
    Any rating provided by me is done so on the basis that I have only been here 1.5 weeks so unable to fully evalute certain areas such as Career Opportunities

    Yes, I would recommend this company to a friend

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    1 person found this helpful  

    Good place to work but sliding backwards

    (Current Employee)

    ProsGood pay, including good bonus that is always paid. Fast pace. Good time off. Ability (even pushed) to move around and try different areas. Looks great on a resume since everyone knows MC.

    ConsWhile pay is good raises don't exists. So if you are looking to work here get every penny up front because you won't even keep up with inflation. Health coverage SUCKS!!!! It's very expensive and low coverage. Most of the Execs came up in the company so they micro manage because they did all the jobs before. Red tape everywhere. They are looking to outsource everything in IT that isn't the latest/coolest thing. It's leading to the basics taking forever, and thus costing more, and ironically, leaving less money for the latest/coolest things. Purchase (business) and St. Louis (IT) don't work well together. Ajay says we are an IT company yet he rarely comes to the IT headquarters. If we are an IT company Ajay should move to St. Louis and establish that as the headquarters.

    Advice to Senior ManagementDo something about salary range penitration. You are ok now but turn-over will start to really hurt as average pay moves back to the pack. Fix the healthcare package.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    • Approves of CEO

     

    Never bored

    Business Leader (Current Employee) O'Fallon, MO

    ProsI get to work with emerging technologies. If you do not like the area you are working in, there are many others to advance your career.

    ConsFast paced. Everything is needed yesterday. If you cannot Multi-task, this is not the pace for you.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Working at MasterCard has been a great experience

    Vice President (Current Employee) Purchase, NY

    ProsCompany has been on the path of innovation, it has a great business model and our brand is well known.

    ConsMasterCard went public in 2006, prior to that they were private. There is an old culture here that is not keen on changing. We need to work on that.

    Advice to Senior ManagementTrying to drive innovation and fun throughout a company is a fantastic things however cannot be done in a suit and tie. Executives need to come to work dressed down to promote a more relaxed environment that promotes innovation

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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