MasterCard

  www.mastercard.com
  www.mastercard.com

MasterCard Reviews

Updated 23 October 2014
Updated 23 October 2014
300 Reviews
3.7
300 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
MasterCard President and CEO Ajay Banga
Ajay Banga
200 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 10 reviews)

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

More Highlights

115 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Good company to work for excellent benefits

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

    I worked at MasterCard full-time (more than 10 years)

    Pros

    Good benefits. Mostly very good hard working people. Depending on your role and the people you work with it is a great place to work.

    Cons

    Too much political wrangling. As in all large organizations the person you work for can make all the difference. Management can make it very difficult for you to advance if they want too which needs to change if they want to keep quality individuals.

    Advice to ManagementAdvice

    Ensure your employees have a real chance for moving throughout the company and remove barriers that allow current managers to stop that movement

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Genuinely nice people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Leader in London, England (UK)
    Former Employee - Business Leader in London, England (UK)

    I worked at MasterCard as a contractor (more than an year)

    Pros

    Smart, professional and friendly people. Interesting projects.

    Cons

    Not many processes - at times an advantage as no obstacles to decisions, but sometimes it was a hindrance.

    Advice to ManagementAdvice

    Need better alignment and processes between teams and regions.

    Recommends
    Positive Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Business Leader

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Leader in Mexico, Distrito Federal (Mexico)
    Current Employee - Business Leader in Mexico, Distrito Federal (Mexico)

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

    Pros

    Good place to work
    Good enviroinment

    Cons

    Growth is not easy
    Better recognition plans are needed

    Advice to ManagementAdvice

    Better development plans are needed

    Recommends
    Neutral Outlook
    Approves of CEO
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  5. 1 person found this helpful  

    Great experience, not sure if typical

    • 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 full-time (more than 10 years)

    Pros

    Very dynamic industry, lots of opportunity if you are seen as a positive contributor

    Cons

    Some lifer mentality, has apparently changed under new ceo

    Advice to ManagementAdvice

    For true cultural change, need to switch out some of mgmt below CEO - still all the same as with last CEO

    Recommends
    Positive Outlook
    Approves of CEO
  6. 1 person found this helpful  

    Great place to work

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

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

    Pros

    Great community spirit. Excellent comp and bonus. Ajay Banga proved to be a great leader.

    Cons

    Politics. Lots of who you know rather than what you know. If you don't play the game, you don't get noticed.

    Advice to ManagementAdvice

    It a great company. Just don't trip over yourself.

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    It has been a fantastic learning experience and there are great opportunities to engage in cross functional projects

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Leader in Singapore (Singapore)
    Current Employee - Business Leader in Singapore (Singapore)

    I have been working at MasterCard full-time (more than an year)

    Pros

    Great learnings, Cross Functional project experiences, Open approach of the Senior Management

    Cons

    Not a great risk taker

    Advice to ManagementAdvice

    Great business model and an open approach. Opportunity exists to speed up execution

    Recommends
    Positive Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Good experience in general

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

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

    Pros

    Good pay, enjoyed co-workers, good benefits, interesting work. Beautiful building and grounds.

    Cons

    Ruthless regarding layoffs like most companies

    Advice to ManagementAdvice

    Communicate better. Take advantage of your workforce, train them, give them a path ahead

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Good company to work for

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

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

    Pros

    The pros to working at Mastercard include the following: location, facility, work-life balance, the ability to work from home if necessary.

    Cons

    One of the cons i would say is that there are less growth opportunities than may be at other financial services company mainly due to MasterCard's relatively small size when compared to banks

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Not for the faint of heart but potentially rewarding

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

    I have been working at MasterCard full-time

    Pros

    Most of the people are great to work with. Individuals very dedicated to success of their teams and the company overall. Lots of opportunity to learn if a person makes the effort. Plenty of perks, benefits, and reasonable salaries.

    Cons

    Promotions and salary increases are infrequent and not always based on ability. Progression in the company requires a lot of networking. Although the company tries to promote a good work/life balance, the workload makes it nearly impossible. Lots of overtime.

    Advice to ManagementAdvice

    Focus on supporting and retaining talented individuals with recognition and opportunities for advancement. Middle managers need to refocus on people management.

    Recommends
    Positive Outlook
    No opinion of CEO
  11.  

    Good

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

    I worked at MasterCard full-time (more than 10 years)

    Pros

    Good team culture across departments. Good training.

    Cons

    Slow moving, cautious, conservative. They miss opportunities due to this slowness.

    Advice to ManagementAdvice

    Do not move successful managers into new positions without understanding the nature and nuances of that business.

    Recommends
    Positive Outlook
    No opinion of CEO

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