Mastercard Reviews | Glassdoor

Mastercard Reviews

Updated February 17, 2017
300 reviews

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4.0
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Mastercard President and CEO Ajay Banga
Ajay Banga
183 Ratings

300 Employee Reviews

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Pros
Cons
  • Work life balance need to improve (in 33 reviews)

  • Most departments work in silos and senior management does not respond very positively to requests/ suggestions (in 28 reviews)

More Pros and Cons

  1. "Business Leader"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Mastercard full-time

    Pros

    They pay well and have an overall reasonable benefits package. They also provide for a flexible work-life balance environment. They believe in doing well while doing good.

    Cons

    Advancing to the next levels can be challenging. It's the common phenomenon of a pyramid type structure where there are many qualified candidates competing for a few openings.

    Advice to Management

    Keep on fighting the good fight of doing good around the world. Be more open to skip level meetings. There are good people with good ideas and insights with respect to the every day business to be heard.


  2. Helpful (2)

    "MasterCard and MasterCard Advisors"

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

    I worked at Mastercard full-time (More than 5 years)

    Pros

    MasterCard under the leadership of Ajay Banga is trying to be a payments technology innovator and leader. This vision is working, as evidenced by amazing stock growth. Many of the newer people that they have hired are go-getters with great backgrounds who will work tirelessly to fulfill this vision. I enjoyed my years at this company and learned lots from very smart co-workers who came from McKinsey and BCG as well as Silicon Valley startups. The company is innovative and fairly nimble given its size. It was a pleasure to work there (most of the time) and I would probably go back for the right opportunity.

    Cons

    Beware of people who have been at the company more than 10 years. There are lots of them. These people are "old school MasterCard." They are not particularly innovative or aggressive, and they have little to no desire to find new ways to solve problems. They clock in and clock out, collecting a decent salary and bonus. They live nearby and like having an easy commute and treat their roles like a 9 to 5 country club. Mr. Banga seems to be aware of these leeches and slowly but surely a few of them get laid off each year. Just don't make the mistake of working for one of them. It will just take you that much longer to get where you need to be. This happened to me, twice, and therefore I moved on.

    Advice to Management

    Keep creating opportunities for employees to take calculated risks and challenge the status quo. Invest in great developers. A technology company needs great strategic minds and the developers who can actually put the vision into action.


  3. Helpful (1)

    "Associate analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook

    I worked at Mastercard full-time

    Pros

    Great work life balance and brand name

    Cons

    Large corporation with a stagnant culture. Don't learn any technical skills, lots of group think.

    Advice to Management

    Open an office in the city to attract young talent


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  5. "Salary Review"

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

    I worked at Mastercard full-time

    Pros

    Great work, Good work-life balance, good career growth

    Cons

    various timezones to coordinate with


  6. Helpful (1)

    "Love it!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Program Manager in Purchase, NY
    Current Employee - Program Manager in Purchase, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Mastercard full-time (More than 5 years)

    Pros

    Work life balance, and the interactive culture. Easy access to executives and decreasing bureaucracy with time. MasteCard does well by doing good, and you truly feel a part of the company and not just a statistic.

    Cons

    Even though the benefits are great on paper like maternity leave and parental leave, sometimes managers and coworkers look down on you if you actually take all days off for maternity/ parental leave.

    Advice to Management

    Middle level managers need to be more accepting of the changing culture and not create hurdles for newer employees to advance in their careers.


  7. "intern"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Advisers in New York, NY
    Former Intern - Advisers in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Mastercard as an intern (Less than a year)

    Pros

    good work environment. over 50 interns

    Cons

    in Westchester. Mixed culture (new with old)


  8. Helpful (1)

    "Consultant, Software Engineering"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant Software Engineer in Saint Louis, MO
    Current Employee - Consultant Software Engineer in Saint Louis, MO
    Recommends
    Neutral Outlook

    Pros

    Flexible work schedule, Telecommuting, 401K, Colleagues

    Cons

    Open work environment in office. Lack of resources. Constant reprioritization of workload.

    Advice to Management

    Follow through on promises. Recognize negative impact of the things listed in Cons (above).


  9. Helpful (3)

    "pretty comfortable"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Analyst in Purchase, NY
    Current Employee - Associate Analyst in Purchase, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Mastercard full-time (Less than a year)

    Pros

    good work life balance, competitive pay, great CEO, value-driven company

    Cons

    a lot of politics that stem down from upper management kill productivity and discourage younger, talented employees from performing well

    Advice to Management

    get rid of baggage at the group head/executive levels


  10. "Great place to learn and gather experiance"

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

    I have been working at Mastercard full-time

    Pros

    Excellent work environment, interesting projects, great learning experiences

    Cons

    Lots of lateral mobility but little upward mobility


  11. "great culture"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Diversity, amazing executives, moving towards open space and business casual, senior employees willing to talk to anyone

    Cons

    Not all intern managers are fully prepared with a project to last the entire summer, but still a great experience



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