There are newer employer reviews for MasterCard
There are newer employer reviews for MasterCard

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Financially well-run; Needs to accelerate time to market for product innovation

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Anonymous Employee
Current Employee - Anonymous Employee
Recommends
Positive Outlook
Approves of CEO

I have been working at MasterCard full-time

Pros

I like the fact that the company is addressing key competitive factors and working hard to overcome the legacy and mentality of an association. The consumer-centered focus is also important in order to clearly differentiate our product benefits/innovation/value proposition

Cons

-Managers lack the skills and leadership to motivate people; yet are rewarded in a vacuum -New managers who have been hired with "badge" value are ineffective when it comes down to translating their experience to MC business -Not a ton of opportunity to get promoted due to heavy matrix

Advice to Management

See above

Other Employee Reviews for MasterCard

  1. Great place to work...but not perfect

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Leader, LFI in Purchase, NY
    Current Employee - Business Leader, LFI in Purchase, NY
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    salary is very competitive and innovation of products really good. CEO is inspiring. There are some incredibly smart leaders within the organization. Good at moving people from one function to another

    Cons

    Grp Heads can behave like demi-gods with sense of self entitlement; Purchase culture is stifling, too stiff and unwelcoming. Those who get ahead tend to do so based on who they know. Always seem to have to do more with less

    Advice to Management

    getting things can done can take too long, too many road blocks and culture of risk aversion needs to change


  2. Helpful (9)

    There is no company that treats its employees worse

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Leader in Purchase, NY
    Current Employee - Business Leader in Purchase, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Great brand, good to have on your resume

    Cons

    I have been with this company for years. This company changed from the best place to work at to the worse place within last 10 years, especially withing last 3 years. Facts about working environment: 1. "Clear desk policy" You supposed to lock all of your papers in drawers before you leave. If you leave something on the table that you get warning, after 3 warnings your are fired 2. Health insurance is very expensive with very low coverage and huge deductible that you need to pay before anything will be covered. Company covers only 50% of price vs 70-80% as other companies do. 3. There is no free coffee/tea stations in main building. If you need a drink you had to buy from the stations that sell drinks. 4. Cafeteria is very expensive and you can only use MasterCard to purchase anything, no cash or other cards accepted. Guests or interviewed people who come for the entire day often are unable to eat. 5. Business attire policy. If you want to wear jeans on Fridays, than you have to pay $40 for a month ( 4 -5 Fridays). 6. Company no more has any holiday’s parties, including Christmas because it is expensive. 7. All printers said on double side printing in b/w. Its very annoying to change setting each time toy need to have one side printing. 8. Everybody needs to work in the office regardless of weather conditions. HR send out a letter saying that if you want to stay at work while bad snowfall that you have to take a day off. 9. You cannot buy any expansive office supplies or working tools because everything should be cheap. If you really need something, you should buy it yourself. 10. There is a company gym facilities, you have to pay $25 a month. 11. Lost badge- $25 11. Everybody works on old heavy Dell computers. 12. There are very strict subordination policies in terms of what you can do and cannot depending on your level Recently MC moved all US employees in a different building across the street. Half of the floor is now occupied while another half is under heavy construction. People who sit next to construction should every day smell dust, chemicals and work while hearing drilling, sawing and screwing. People complained about working conditions, health issuers and destructive noise. No HR or higher management tried to resolve the issue. None of the top managers sit next to construction at this moment.

    Advice to Management

    Ask MC President Ajay Banga to sit next to construction area.


There are newer employer reviews for MasterCard
There are newer employer reviews for MasterCard

See Most Recent

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