MasterCard Reviews
Updated Feb 6, 2012 – Reviews are posted anonymously by employees.
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Company Rating Based on 75 ratings Employees say it's "OK" |
CEO Rating
Based on 21 ratings
President and CEO |
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Pros
The CEO, Ajay Banga, is taking the company in to the 21st century with the development of emerging markets and technology.
Cons
The internal politics of process and turf battles can cloud the perception and perceived efficiencies that do not take in to consideration the subject matter expertise of individuals that could better validate decision making.
Advice to Senior Management
Continue to focus on the merchant and create payment efficiencies that are not only added value but well supported after initial rollout.
Pros
Benefits
Knowledge
Tuition reimbursement
Teleworking Opportunities
Flexible time off schedules
Some departments manage well to their people
HR is actually trying to change things.
Cons
Cronyism
Politics
Slow to Change
Lip Service About Goals and Missions that are shift constantly without fulfillment
Old time leadership styles and thinking
Arbitrary monetary compensation increases based on favoritism instead of merit
Advice to Senior Management
Know when to retire, step down, or move on.
Listen and manage to your people, not your next promotion.
Listen to people who have a position below you, even if it hurts your ego.
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 Senior Management
stop separating management from employees both physically by office locations and how people are treated at the dividing line of senior business leader
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 Senior Management
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.
Pros
Good salaries and benefits. Decent work/life balance
Cons
Politics and cronyism which limit development of staff
Advice to Senior Management
Get rid of some of the leadership team
Pros
Exciting work, fast paced, nice work atmosphere, enjoy working with co-workers.
Cons
Some "old-time" MC management styles still exist.
Advice to Senior Management
- 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.
Pros
Some smart and intelligent people in products and solutions hired in the recent year. Talent attracts talent. I don't usually like HR but have positive experiences with a very professional HR partner - respectful, solutions-oriented, smart and clearly an endangered specimen.
Cons
Political and full of unthinkable nonsense e.g. senior managers who watch what time you come in and make a fuss to others, not to you directly. Legal Department run by prescriptive and dogmatic stiffs who take joy in misfortunes and mistakes of employees. A pretty judgmental culture. Managers who do not develop their teams caring only for their own skins.
Advice to Senior Management
Lead by example. Talk is cheap and boring. Recognize those who truly make a difference and make it hard for those who simply make noises to shield their own incapabilities. Be mindful of what talented people want and need at work.
Pros
Fair compensation, interesting work, opportunity to make an impact.
Cons
No work-life balance - everyone works all hours. Impossible for working parents, especially new mothers. The extremely political environment makes everything harder than necessary. Limited career advancement unless you're willing to move.
Advice to Senior Management
Culture needs to be less hostile to working mothers.
Pros
Flextime available. Hours are fair.
Cons
Too political. Friends hire friends. Very clicky. Hard to advance.
Advice to Senior Management
Provide more advancement opportunities. Promote from within.
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 Senior Management
make the organization flatter so people feel empowered to make decisions! and get rid of ineffective managers.
