MasterCard

  www.mastercard.com
  www.mastercard.com

MasterCard Reviews

Updated October 5, 2014
Updated October 5, 2014
297 Reviews
3.7
297 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
MasterCard President and CEO Ajay Banga
Ajay Banga
198 Ratings

Review Highlights

Pros
  • The company also has a great culture and most of its employees try to have a good work-life balance (in 44 reviews)

  • Good benefits, good pay, good global exposure but still very beaurocratic and "meeting heavy" (in 21 reviews)


Cons
  • Forget about work life balance that they preach on paper but do not put in practice (in 10 reviews)

  • No priorities at the senior management level (need to be everything to everyone) and execution is unrealistic (in 11 reviews)

More Highlights

73 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    You will learn a lot, work hard be well paid but have one hell of a time climbing the ladder.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Purchase, NY
    Current Employee - Anonymous Employee in Purchase, NY

    I have been working at MasterCard full-time (more than 8 years)

    Pros

    Pay, bonus, exposure to banking and retail sectors, broad experience that should open doors for you elsewhere

    Cons

    Company hires outside more than in and promotions are rare. Doing a great job and being recognized for it does not equate to upward mobility.

    Advice to ManagementAdvice

    De-matrix and stir the pot up top.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  2.  

    Overall positive experience for an intern.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Finance Intern in Purchase, NY
    Former Employee - Finance Intern in Purchase, NY

    I worked at MasterCard as an intern (less than an year)

    Pros

    The employees are nice and approachable. Open door policy. Organizational culture emphasizes respect for one another and teamwork. Work not too difficult but not too easy either. Good balance between work and life.

    Cons

    Not much room for growth. Work may become repetitive after a certain period of time. Workplace politics exists. Communication between departments can be improved.

    Recommends
    Positive Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Senior Consultant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Consultant in Purchase, NY
    Current Employee - Senior Consultant in Purchase, NY

    I have been working at MasterCard full-time (more than 5 years)

    Pros

    Good life balance
    telleworking
    bonuses
    Solid company.
    If you are not very good and your job odds are you can keep it and stay for 20 years.

    Cons

    Office politics
    no career path.
    awful middle and upper management
    People that are hired in simple because they know someone who works there and gets them in.

    Advice to ManagementAdvice

    Wake up and get ride of the awful "tenured" managers who provide no value.

    Recommends
    Positive Outlook
    Disapproves of CEO
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  5.  

    GOOD COMPANY POOR EXECUTION

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Technical Support
    Former Employee - Technical Support

    I worked at MasterCard full-time (more than 3 years)

    Pros

    Good pay
    Good Advancement
    Good Benefits

    Cons

    Poor on handling Conflict
    HR is ineffective

    Advice to ManagementAdvice

    Stop the good ol boy system

    Recommends
    Positive Outlook
    No opinion of CEO
  6.  

    Fair enough

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at MasterCard

    Pros

    Good opportunities are available, but structure is ever changing and does not take into account of employees strengths for reorganization

    Cons

    Pay as a consultant is not near the industry average in my opinion. Ability for individual contributors to be heard is some what shunned.

    Advice to ManagementAdvice

    Invest in knowledge management and process improvement. There is too much of a dependency with human capital. If an employee leaves, there is a huge gap.

    No opinion of CEO
  7. 1 person found this helpful  

    A good expeience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Intern in Purchase, NY
    Former Employee - Intern in Purchase, NY

    I worked at MasterCard

    Pros

    A fun culture, good compensation and benefits, can learn a lot

    Cons

    Hard to get promoted and noticed

    Approves of CEO
  8. 1 person found this helpful  

    opportunities are there if you are in the right group

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at MasterCard

    Pros

    benefits, nice people, great business model

    Cons

    too political for size of organization, too much disparity in how people are treated at different levels, old school culture of cubes and offices not conducive to innovative company

    Advice to ManagementAdvice

    stop separating management from employees both physically by office locations and how people are treated at the dividing line of senior business leader

    No opinion of CEO
  9. 6 people found this helpful  

    Good place to work till you find the next best job for you

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Software Engineer in Saint Louis, MO
    Current Employee - Software Engineer in Saint Louis, MO

    I have been working at MasterCard

    Pros

    1. If you are a hard worker, no need to worry about loosing your job ( It will never run out of business in the foreseeable future)
    2. Lots of benefits for fulltimers

    Cons

    1.Monotonous work
    2.Lots of politics
    3.Bureaucracy
    4.Useless Management
    5.Bunch of people to steel the credit for the work you did.

    Advice to ManagementAdvice

    1. Actively involve in the projects and know who is dong what.
    2. Adapt good Software Development processes.
    3. Dont just look for the outcome, look for how the team delivered that outcome.

    Doesn't Recommend
    No opinion of CEO
  10. 2 people found this helpful  

    Fast-paced, exciting work, not for 'faint of heart'

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at MasterCard

    Pros

    Exciting work, fast paced, nice work atmosphere, enjoy working with co-workers.

    Cons

    Some "old-time" MC management styles still exist.

    Advice to ManagementAdvice

    - Continue to weed out "old-time" management style.
    - While the company is doing great with Brand differentiation, perhaps you might consider using Technology (what we do very well) as a source of differentiation.

    Approves of CEO
  11. 2 people found this helpful  

    politics galore!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Purchase, NY
    Current Employee - Anonymous Employee in Purchase, NY

    I have been working at MasterCard

    Pros

    professional environment
    nice, polite culture
    good pay

    Cons

    many layers, hard to get ahead, no clear career path, very very political, passive aggressive culture, ineffective HR department. horrible managers are tolerated for too long, should be quicker to fire people that do not perform or have numerous complaints filed agains them.

    Advice to ManagementAdvice

    make the organization flatter so people feel empowered to make decisions! and get rid of ineffective managers.

    Approves of CEO

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