MasterCard

  www.mastercard.com
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268 Employee Reviews (View Most Recent)

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Good Company in Confused State

Anonymous Employee (Former Employee) Purchase, NY (US)

ProsVery well positioned company to take advantage of existing as well as future trends in payment industry. Multiple connections and alliances among banks, processors and corporate partners enable MasterCard to be viewed as an attractive partner for electronic commerce and payments. Potential is high, execution is a challenge.

ConsVery slow to enable advancements to take advantage of market conditions in a timely manner. Many self-driven innovations fall short of market needs. Current management changes and personnel displacements have created large gaps in expertise and "brain drain" syndrome. They appear destined to repeat past failures due to lack of experience among market-facing staff. Potential is offset by inability to execute.

Advice to Senior ManagementCreate innovative products that can actually be used and earn profits. Do better market research. Mobile MoneySend, PayPass, InControl and others "sound good" but are not serving the needs of those who would use and pay for them as services.

    • Work/Life Balance
    • Senior Management
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    A Changing Company, with Great Prospects

    Anonymous Employee (Former Employee) White Plains, NY (US)

    I worked at MasterCard

    Pros: -Dynamic new CEO with very good ideas and style -Strong balance sheet and core products -Strong brand -Changing payments… Cons: -There is a very strong existing culture that limits internal communication, questions, and risk taking -New CEO is trying to change culture. This… Advice to Senior Management: Set up means to hear what all levels of the company are… More

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Observe and Learn - Is almost non existent

    Business Leader (Current Employee)

    I have been working at MasterCard

    Pros: Compensation and work-life balance is among the best (except for peak seasons, which is normal in the financial and retail industries).… Cons: Excessive management layers and bureaucracies. No true channel for bottoms-up communication. Observing and learning from successful companies (e.g. Google, Apple, Walmart) and avoiding pitfalls from… Advice to Senior Management: Walk the talk. The vision and strategy in place is great. Execute… More

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