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

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Good Company in Confused State

  • Comp & Benefits
  • 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

No opinion of CEO
No opinion of CEO

Pros

Very 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.

Cons

Very 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 Management

Create 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.

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  1. A Changing Company, with Great Prospects

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in White Plains, NY (US)
    Former Employee - Anonymous Employee in White Plains, NY (US)

    I worked at MasterCard

    Approves of CEO
    Approves of CEO

    Pros

    -Dynamic new CEO with very good ideas and style
    -Strong balance sheet and core products
    -Strong brand
    -Changing payments landscape is making work much more interesting and challenging
    -Potential to be a really great place to work

    Cons

    -There is a very strong existing culture that limits internal communication, questions, and risk taking
    -New CEO is trying to change culture. This leads to 1) uncertainty in may parts of the organization and 2) Challenging internal politics
    -Risk that new CEO may not be successful

    Advice to Management

    Set up means to hear what all levels of the company are thinking and convince employees they are not risking career success by speaking out.

  2. thoughts on mastercard

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at MasterCard

    No opinion of CEO
    No opinion of CEO

    Pros

    Talented co-workers, fairly innovative, good benefits.

    Cons

    difficult to move professionally, management is weak

    Advice to Management

    There is a need for critical management skills such as; developing people, taking risks, seeing mistakes as opportunities.

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

See Most Recent

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