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MasterCard
www.mastercard.com Purchase, NY 5000+ Employees
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MasterCard Employee Review

  • Work/Life Balance
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Senior Management
         
  • No Opinion of CEO

 

My expectations were wrong

Purchase, NY (US)

Former Employee – worked at MasterCard

ProsWhen I thought about joining MasterCard, I had reservations. It appeared to be a good place to go if you had decided you wanted to coast along, and do a minimal amount of work. But my interview, and my subsequent job experience proved otherwise.

MasterCard is full of bright people, who are energetic and know the industry. With rare exception, I was impressed by the people I met, their backgrounds and the competency they brought to the tasks at hand.

For people who are interested in the payments space, it's a great place to work.

ConsOn the other hand, I would say that MasterCard is unnecessarily bureaucratic for an organization of its size. Because of the incentive system and other factors, there's a lot of turf battles, less than needed coordination, and inefficiencies. However, there is a concerted effort (and there has been for many years) to change that.

The IPO appeared to also change how the business was run--more risk adversion, more of a short term focus, more attention to boosting the daily stock price.

Advice to Senior ManagementStop being so risk adverse and allowing HR and Legal to run the business. Create better coordination by revising the incentive structure and individual objectives.

Yes, I would recommend this company to a friend

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