There are newer employer reviews for MasterCard

Helpful (1)

Good benefits, but weak HR

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

I worked at MasterCard

No opinion of CEO
No opinion of CEO

Pros

There are good benefits provided by the company, There is a strong global network and some insightful research. Plenty of opportunities to work across multiple business units.

Cons

Poor communication from HR. Beware of the meeting culture. People host meetings when they could just communicate needs through email or over the phone.

Advice to Management

Offer more open communication and reduce redundancy.

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  1. The MasterCard IPS group is a sweat shop full of incompetent management

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

    I have been working at MasterCard

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    There is MCU, MasterCard University, where you can learn about processing and the payments industry. There are some competent and committed people with whom to work. The facilities are OK, with the big gym and decent dining hall.

    Cons

    The benefits are not that great, especially the medican and dental.
    There is a group of folks at MasterCard who have been there for 10 years or more. That is an elitist club. They do very little work and put the onus of all the real work onto the new employees. These employees don't get the pension (like the ol' timers still get), don't get the recognition, and get very little thanks and praise. In the IPS group, especially, much of the real work is done by outsourcing it to onshore and offshore contractors.

    Advice to Management

    Get some fresh management in there. Try to break up the elitist club of the folks who have been at MC for a long time. Get rid of Lotus Notes for goodness sake, and replace it with Microsoft Outlook.

  2. MasterCard is a tough place to work and get ahead!

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

    I worked at MasterCard

    Approves of CEO
    Approves of CEO

    Pros

    MasterCard offers a good place to balance work and home life. If you like to work 9-5 with very little stress, this the company to work for.

    Cons

    MasterCard likes to clean house every quarter and never announces it in the media. They do not like to re-hire former employees. Access to major highways is a bonus.

    Advice to Management

    Senior Management shoud spend more time intercating with employees. Bring in new managers that have not worked in the old "payments assocation" business model.

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