There are newer employer reviews for MasterCard
There are newer employer reviews for MasterCard

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Helpful (1)

Great resume-builder but has ways to go to become what it CAN be -- the Intel of payments!

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

I worked at MasterCard full-time (More than 8 years)

Recommends
Positive Outlook
Approves of CEO
Recommends
Positive Outlook
Approves of CEO

Pros

- Almost bulletproof, revenue-generating business model - Strong brand built from the strength of its distribution, products, and the "Priceless" campaign - Global company - Seasoned, competent executive management - A lot more entrepreneurial than it gets credit for - Work-life balance - Cool office for a Fortune 500 company - Getting better at horizontal structure

Cons

- Its business model, which is an open loop, makes it difficult to move fast since its dependent on issuers and merchants - Hasn't yet earned credit for being a "technology" company within financial services - Silos galore: functionally and geographically - Executive management needs to narrow down its priorities since there are too many - Although only just over 7,000 employees globally, it operates like a 700,000-person organization at times - Some departments are becoming more intense -- lessening the work-life balance -- because of questionable strategic decisions - Can't expect morale to increase just because of adding a pool and ping-pong table (they are nice additions) -- needs to be truly authentic - High performers in middle management can be "stuck" because of the top-heavy organizational structure, coupled the company's above average retention rates

Advice to Management

The executive management leads who report to the CEO need to: - Stick to their decisions; - Prioritize their strategic imperatives per business unit and region. They should take a page from the CEO who is very clear and sticks to his priorities and decisions. One comment on the CEO is he likes to be right and goes off gut feel at times. But overall, he's taking MasterCard in the right direction for the most part.

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  1. Human Resources

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Human Resources Analyst in Miami, FL (US)
    Current Employee - Human Resources Analyst in Miami, FL (US)

    I have been working at MasterCard full-time (More than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great culture, good career development programs in place

    Cons

    a bit burecratic, flat organization


  2. Helpful (4)

    Good place to work if you have a supportive manager

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

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Excellent compensation. Good work/life balance. Chance towork on cutting edge projects in financial services industry on right teams.

    Cons

    People skills of most managers is lacking. Movement to senior ranks is near impossible for insider. You can make a long career for yourself by hiding in the weeds and not being a leader on a project. Many peope in ride coattails of a few very talented high performers.


There are newer employer reviews for MasterCard
There are newer employer reviews for MasterCard

See Most Recent

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