MasterCard

  www.mastercard.com
  www.mastercard.com

MasterCard Reviews

Updated 16 December 2014
Updated 16 December 2014
315 Reviews
3.7
315 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
MasterCard President and CEO Ajay Banga
Ajay Banga
214 Ratings

Review Highlights

Pros
  • The company also has a great culture and most of its employees try to have a good work-life balance (in 45 reviews)

  • Good benefits, good pay, good global exposure but still very beaurocratic and "meeting heavy" (in 21 reviews)


Cons
  • Forget about work life balance that they preach on paper but do not put in practice (in 12 reviews)

  • No priorities at the senior management level (need to be everything to everyone) and execution is unrealistic (in 11 reviews)

More Highlights

77 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Wierd

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at MasterCard

    Pros

    Nice office location at Purchase, great cafeteria. Offices could use updating - its like a step back into the 70's

    Cons

    Like most large firms it doesnt live what it preaches. Poor management skills are tolerated if the person is senior because it would cost to much to fire them but people further down the food chain are expendable. If you have tenure you are less likely to be fired for poor performance but instead shuffled around the company into a new role

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    "Impressive CEO, transparent and inspirational; Opportunities for improvement at Silicon Valley office"

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at MasterCard full-time (more than 3 years)

    Pros

    "Impressive CEO and Executive team, global technology leader in payments space, impressive financial results, increasing transformation of brand to technology brand."

    Cons

    "Some of Silicon Valley leadership does not embrace Ajay's transparent or inspirational style. There is a lack of leadership leading, and attrition is mounting. Dissapointing from a global industry leader. Location can be undesireable to Silicon Valley talent pool".

    Advice to ManagementAdvice

    "increase transparency and push authority down. Share what is genuine and honest - less corporate speak and dead silence."

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    review

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at MasterCard

    Pros

    work-life balance based on position.

    Cons

    lots of politics. lots of meetings and not a lot of progress

    Neutral Outlook
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  5. 1 person found this helpful  

    Good pay, nice hard-working people, consensus based, lots of change

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Saint Louis, MO (US)
    Current Employee - Anonymous Employee in Saint Louis, MO (US)

    I have been working at MasterCard full-time

    Pros

    The CEO and CFO are good visionary people. They work hard and are great motivators. St. Louis has a nice campus for employees. The environment is very pleasant and professional. For a small company in terms of employees they are doing quite well financially and have room to grow. The NY office is high energy and houses most of the senior leaders. NY is definitely the place to consider working if you want a long-term career at MasterCard and like the area.

    Cons

    Compensation and raises could be more generous for the worker bees at lower and middle management levels. Work life balance could be better with long days and/or regular evening and weekend work. Many people at all levels are under a lot of stress and carry heavy work loads. Managers could benefit from learning to say "no" and receive more training on managing people and employee coaching. Skip level meetings and 360 feedback are very informal if at all. Having worked in larger corporate environments there is definitely room for improvement in management training. It is also common for promotions and position changes to be announced and employees may not have had an opportunity to apply internally.

    Advice to ManagementAdvice

    Systems could be improved and several are dated. Trust your people and move forward with new ideas and encourage leaders to think strategically and then act tactically as opposed to acting first and changing direction multiple times during implementation. Keep it simple and execute on fewer key initiatives. Strive for a more positive work-life balance to keep people refreshed and encourage senior leaders to respect and expect this type of culture.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    MasterCard Response

    Nov 24, 2014VP, Employer Brand Marketing

    Thanks for your comprehensive and candid review.

  6.  

    Summer Intern Review

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

    I worked at MasterCard as an intern (less than an year)

    Pros

    Open to discussion, "the largest start-up in the world", trying hard to have cultural transformation, casual working environment, everyone is friendly

    Cons

    a little laid-back for younger generation, organization is a little unorganized

    Advice to ManagementAdvice

    Entry level could be offered higher salary

    Recommends
    Positive Outlook
    Approves of CEO
  7. 3 people found this helpful  

    Profitable company, unpleasant environment.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at MasterCard

    Pros

    Good bonuses
    Attractive grounds
    Good health benefits

    Cons

    Lots of nepotism
    Unpleasant atmosphere
    Unprofessional behavior

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  8.  

    Technology company with many changes up front and adjusting in a high pace market

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at MasterCard

    Pros

    The future looks bright! the amount of investment (M&A) in order to keep up with the Digital Convergence race tells allot!

    Cons

    Many org changes are happening now!

  9. 1 person found this helpful  

    It's a company to work for, good people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in Saint Louis, MO (US)
    Current Employee - Analyst in Saint Louis, MO (US)

    I have been working at MasterCard full-time (more than 5 years)

    Pros

    Good People, I would recommend a friend to work here

    Cons

    You will notice that some of the senior management don't really care aout their people

    Advice to ManagementAdvice

    Pay attention

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    The company is headed in the right direction but some of the leaders and HR practices are appalling.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Managing Consultant
    Former Employee - Senior Managing Consultant

    I worked at MasterCard full-time (more than an year)

    Pros

    Relatively good compensation compared to local market
    Nice working atmosphere
    Relatively generous benefits

    Cons

    Country managers rule as medieval kings in their countries
    At MasterCard Advisors there are mostly senior consultants and no juniors to perform the non-value added part of job
    Very fluctuating quality of consultants

    Advice to ManagementAdvice

    Try to overhaul MasterCard Advisors and make it more siimilar to top-tier consulting companies such as McKinsey, BCG, etc.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  11.  

    Very mature company that strives to grow market share using innovative products and solutions.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Director in O'Fallon, MO (US)
    Current Employee - Director in O'Fallon, MO (US)

    I have been working at MasterCard full-time (more than 5 years)

    Pros

    Excellent benefits package. Good product leadership team.

    Cons

    Slow speed to market, but things might change in a few years

    Advice to ManagementAdvice

    Reduce red tape barriers. IT and products need to work more as a team.

    Recommends
    Neutral Outlook
    Approves of CEO

    MasterCard Response

    Sep 29, 2014VP, Employer Brand Marketing

    Thanks for your comments..leading with great people and benefits drive our success now and in the future!

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