MasterCard

  www.mastercard.com
  www.mastercard.com
There are newer employer reviews for MasterCard

7 people found this helpful  

There is no company that treats its employees worse

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

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 ManagementAdvice

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

Doesn't Recommend
Negative Outlook
Disapproves of CEO

319 Other Employee Reviews for MasterCard (View Most Recent)

Sort: Rating Date
  1.  

    Fantastic company to build a career!

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

    I have been working at MasterCard full-time (more than 3 years)

    Pros

    Great culture and attitude by most of the workforce and management. Energetic and empowering CEO and Executive Committee that creates and gets involved in initiatives in a meaningful way.

    Cons

    Company went public in 2006 and it seems like there is till a remnant of the "country club" atmosphere. Some people are harder to motivate than others, but i suppose that goes for most workplaces in corporate America. Another potential con is career advancement opportunities depending on the department that you are in. The bigger the department the more opportunities, but also vice versa.

    Advice to ManagementAdvice

    Push people out of their comfort zones and hold them accountable for their actions and results. Reward the ones who go above and beyond to add meaningful value to their department and the company's bottom line.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Great company and experience but needs younger people

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

    I have been working at MasterCard as an intern (less than an year)

    Pros

    Lot of great people to learn from- and a lifetime of expertise in the payments industry

    Cons

    Can feel a bit outdated at times- needs younger blood

    Advice to ManagementAdvice

    Doing a great job reforming the college recruiting process! Keep expanding to schools, and aim high!

    Recommends
    Positive Outlook
    Approves of CEO
There are newer employer reviews for MasterCard

Work at MasterCard? Share Your Experiences

MasterCard

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.