MasterCard

  www.mastercard.com
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MasterCard Reviews

Updated Jul 22, 2014
All Employees Current Employees Only

3.6 266 reviews

89% Approve of the CEO

MasterCard President and CEO Ajay Banga

Ajay Banga

(170 ratings)

75% 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)

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    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
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    • Approves of CEO

    1 person found this helpful  

    Compensation is fine...IPO still hurts

    Business Leader (Current Employee) Purchase, NY

    ProsDepending upon your management - flex time is available
    Compensation package is good

    ConsSenior Management doesn;t "share" the benefits of stock options

    Advice to Senior ManagementThere are many of us that really do care and devote many hours to MasterCard...compensation is good but still hard feelings about the IPO

    Yes, I would recommend this company to a friend

    • Work/Life Balance
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    MasterCard not so bad

    Director (Current Employee) Purchase, NY

    ProsMasterCard has really good benefits and a bonus and profit sharing program that works well. For the most part people are positive, friendly and helpful. The company also focuses quite a bit on professional development of the staff by requiring development courses be a part of each persons performance review process. They also conduct free seminars and invite subject matter experts to speak on common topics of interest such as personal finance. There are opportunities to grow at Mastercard but as with any company you have to make an effort to market your personal brand so that you can be noticed by senior management.

    ConsOften there is too much red tape involved in executing good ideas. As a public company the focus is now on the bottom line and less on people.

    Advice to Senior Managementnone

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
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    • Approves of CEO

     

    For everything else, there may be something other than MasterCard.

    Product Analyst (Current Employee) Saint Louis, MO

    ProsThere are many opportunities for personal and career development, for example, there are free online courses in banking, emotional intelligence, leadership skills, etc. The health center has a variety of activities for club members as well as non-club members. The cafe has a wide variety of healty options. Telecommuting has really taken hold this year, so there's more opportunities to balance work and family life. The ability to move up is available if you have good management. Industry information is paid for by the company, so there is no reason for not being in the know.

    ConsToo much work and not enough people to do it, which translates into early burnout.

    Advice to Senior ManagementHard working conscientious workers are hard to come by. Please do not use up your good workers by having them work day in and day out. More resources are needed to assist with the workload.

    Yes, I would recommend this company to a friend

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    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
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    • Approves of CEO

     

    MasterCard is a good place to work

    Consultant (Current Employee) Saint Louis, MO

    ProsMost people who work at MasterCard are very technically competent. It is a good place to work in a sense that there are lots of technical professionals who co-operate and contribute to the success of various challenging projects.

    ConsSystem development in MasterCard can be very political. Management can be indifferent to the employee's needs and concerns. Very often, projects are done based on political reasons rather than technical reason. Many times, management gives support to a program only to find out that it does not bear any results. Then projects get cancelled in the middle of implementation.

    Advice to Senior ManagementI think Senior management should pay more attention to their employee. Many times, they seem to have lost touch with what is really important.

    Yes, I would recommend this company to a friend

    • Culture & Values
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    Good experience of working with mastercard

    Vice President (Current Employee) Singapore (Singapore)

    ProsThought leader,good leadership teams,gives freedom to work,good work enviroment

    Conssometime tends to be too centralized,less flexible and not to sales focused

    Advice to Senior Managementfaster,nimbler,simpler and more sales and customer focus

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

    MasterCard VP, Employer Brand Marketing responded to this review

    Jun 18, 2014

    Thank you - we appreciate your openness and honesty!
    • Culture & Values
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    Good place to land

    Vice President (Current Employee) Toronto, ON (Canada)

    ProsDeep resources and expertise to leverage for success

    ConsLarge organization can be daunting to access

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

    • Culture & Values
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    • No Opinion of CEO

     

    Interesting company with fast moving technology team, however lacking in other ares such as HR

    Software Engineer (Former Employee)

    ProsGreat office location and environment

    ConsTechnological equipment was not up to par, business processes often took a long time

    Yes, I would recommend this company to a friend

    • Culture & Values
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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

    • Culture & Values
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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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