MasterCard

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1 person found this helpful  

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

Business Leader (Former Employee) Purchase, NY (US)

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 Senior ManagementThe 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.

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

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

     

    Human Resources

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

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

    Pros: Great culture, good career development programs in place Cons: a bit burecratic, flat organization Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company… More

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

     

    Satisfied employee

    Senior Business Leader (Current Employee) Singapore (Singapore)

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

    Pros: small yet global; many smart people; very strong growth since… Cons: work life balance to be addressed; need to act global… Advice to Senior Management: solid progress - need to still focus on the core… Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company… More

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