MasterCard
3.6 of 5 229 reviews
www.mastercard.com Purchase, NY 5000+ Employees

MasterCard Reviews

Updated Apr 18, 2014
All Employees Current Employees Only

3.6 229 reviews

                             

87% Approve of the CEO

MasterCard President and CEO Ajay Banga

Ajay Banga

(139 ratings)

75% of employees recommend this company to a friend
87 Employee Reviews Back to all reviews
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Great company culture

Analyst (Former Employee)
Purchase, NY (US)

I worked at MasterCard as a contractor for less than a year

Pros-Very positive environment, friendly people, beautiful headquarters in Purchase. Good/cheap cafeteria with healthy food, and a gym on site. They're very much trying to make a 'Google vibe' there, i.e., they just put in scooters to ride around the office.

-Smart coworkers top-to-bottom. Most of the young grads went to very good universities.

-Solid work/life balance. Not many people working insane hours.

-Stock has been on a roll the last couple years. Wonder how much longer that lasts.

-The company, with their 'MasterCard Labs', is really commited to creating technologically revolutionary products, even if they don't financially benefit the company anytime soon.

Cons-It seemed like a lot of young workers were leaving for AmEx and better paying jobs.

-Very rigid, old-fashioned military-style 'pay-scale'. Can be frustrating that pay and positions are so rigidly defined.

-The public transit commute out to Purchase from the city can take 90 minutes door to desk. This certainly discourages city-livers from joining. The company is trying to rectify this by opening an office in Manhattan (Union Square) and by allowing more remote work.

Advice to Senior Management-Seems like a lot of young workers leave after a year or two for higher paying opportunities at other firms. Not sure if this is actually that much of a problem, perhaps.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Great Company

Human Resources (Current Employee)
Miami, FL (US)

I have been working at MasterCard full-time for more than a year

ProsGood management, good benefits. balanced approach

ConsCulture in transition. As any other company in the same situation, some people may have to leave.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Good work environment and work life balance

Director (Current Employee)
São Paulo, São Paulo (Brazil)

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

ProsVery good environment and good work life balance

ConsIt is not meritocratic, slow decision process, technology development is too cost, slow time to market

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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New to MasterCard

Senior Professional, Financial Systems (Current Employee)
London, England (UK)

I have been working at MasterCard full-time for less than a year

ProsVery professional
Colleagues are very friendly, approachable and helpful
Objectives set for me on day 1 with an induction plan organised
Highly supportive line manager
Senior dept manager very visible and approachable

ConsNo cons to comment on

Advice to Senior ManagementNone so far. All in all a very positive experience for me in my first two weeks.
Any rating provided by me is done so on the basis that I have only been here 1.5 weeks so unable to fully evalute certain areas such as Career Opportunities

Yes, I would recommend this company to a friend

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Good place to work but sliding backwards

Anonymous Employee (Current Employee)

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

ProsGood pay, including good bonus that is always paid. Fast pace. Good time off. Ability (even pushed) to move around and try different areas. Looks great on a resume since everyone knows MC.

ConsWhile pay is good raises don't exists. So if you are looking to work here get every penny up front because you won't even keep up with inflation. Health coverage SUCKS!!!! It's very expensive and low coverage. Most of the Execs came up in the company so they micro manage because they did all the jobs before. Red tape everywhere. They are looking to outsource everything in IT that isn't the latest/coolest thing. It's leading to the basics taking forever, and thus costing more, and ironically, leaving less money for the latest/coolest things. Purchase (business) and St. Louis (IT) don't work well together. Ajay says we are an IT company yet he rarely comes to the IT headquarters. If we are an IT company Ajay should move to St. Louis and establish that as the headquarters.

Advice to Senior ManagementDo something about salary range penitration. You are ok now but turn-over will start to really hurt as average pay moves back to the pack. Fix the healthcare package.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Never bored

Business Leader (Current Employee)
O'Fallon, MO (US)

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

ProsI get to work with emerging technologies. If you do not like the area you are working in, there are many others to advance your career.

ConsFast paced. Everything is needed yesterday. If you cannot Multi-task, this is not the pace for you.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Working at MasterCard has been a great experience

Vice President (Current Employee)
Purchase, NY (US)

I have been working at MasterCard full-time for more than 8 years

ProsCompany has been on the path of innovation, it has a great business model and our brand is well known.

ConsMasterCard went public in 2006, prior to that they were private. There is an old culture here that is not keen on changing. We need to work on that.

Advice to Senior ManagementTrying to drive innovation and fun throughout a company is a fantastic things however cannot be done in a suit and tie. Executives need to come to work dressed down to promote a more relaxed environment that promotes innovation

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Growth Company - With Lots of Opportunities

Senior Business Leader (Current Employee)
Purchase, NY (US)

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

ProsIt is hard to argue against a company that is doing so well. You have to work to advance here but your hard work pays off. Great work life balance. Ajay Banga is a true leader that is driving this company in a place that it has never been before. He is tremendous and his impact can be felt through the entire organization. You can't say that about too many CEO's.

ConsIt is hard to work in a b2b2c environment. We do things differently here which are sometimes difficult for someone that is new to the organization/four party model. This growing pain goes away once you understand our business and our business model.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Challenging somewhat rewarding nice experience

Anonymous Employee (Former Employee)

I worked at MasterCard full-time

ProsChallenging somewhat rewarding nice experience

ConsLack of leadership and hiring of wrong people, A lot of opportunity for advancement but was taken advantage of by various people with various reasons.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Great place to work...but not perfect

Business Leader, LFI (Current Employee)
Purchase, NY (US)

I have been working at MasterCard full-time for more than 8 years

Prossalary is very competitive and innovation of products really good. CEO is inspiring. There are some incredibly smart leaders within the organization. Good at moving people from one function to another

ConsGrp Heads can behave like demi-gods with sense of self entitlement; Purchase culture is stifling, too stiff and unwelcoming. Those who get ahead tend to do so based on who they know. Always seem to have to do more with less

Advice to Senior Managementgetting things can done can take too long, too many road blocks and culture of risk aversion needs to change

Yes, I would recommend this company to a friend

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