MasterCard

  www.mastercard.com
  www.mastercard.com
There are newer employer reviews for MasterCard

 

enjoyable work but constant reorganizations made productivity difficult

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Anonymous Employee in Purchase, NY (US)
Current Employee - Anonymous Employee in Purchase, NY (US)

I have been working at MasterCard

Pros

decent pay and benefits
work can be interesting
generally supports good work/life balance
good internal training opportunities with Mastercard university

Cons

large bureaucracy and overhead increases costs and create too much paperwork
no career growth or promotional opportunities
poor management
politics rather than performance determines success

Advice to ManagementAdvice

Institute real performance management and start emphasizing effective management
Let business managers make business decisions rather HR and legal leading the business

Doesn't Recommend
Disapproves of CEO

297 Other Employee Reviews for MasterCard (View Most Recent)

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  1.  

    Great opportunity/brand identity that management fails to take advantage of

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at MasterCard

    Pros

    interesting people; knowledge of industry is prevalent; good benefits including on-site services - gym, hair salon, manicurist, good cafeteria

    Cons

    management doesn't manage change well within the upper levels of management; huge gap in connection with consumer; lack of influx of younger more "connected" generation inhibits growth; lots of meetings that prevent work; more than 10 hour work shifts and life/work balance is only supported if your manager thinks so. located in the middle of nowhere, so if you dont have a car - you are stuck there all day and will use the resources. tendency for people to eat at their desks.

    Advice to ManagementAdvice

    realize there is a huge gap between what you're asking employees to do, what management is viewing as success and what CEO is driving towards in terms of change. In theory, Ajay is heading the right way - he has to convince all the top management to get on board or get out,

    Doesn't Recommend
    Approves of CEO
  2.  

    Good way to learn industry but too slow at changing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at MasterCard

    Pros

    Work life balance; pockets of talented employees; good place to learn the payments industry

    Cons

    HR is major problem. Very limited merit based advancement - have to be in the absolute right place at right time and bring an outside offer to get any movement. Too many senior managers with no leadership and no management skills.

    Advice to ManagementAdvice

    Don't ask HR to fix problems when they are the problem; Don't promote people who can't manage just because they have good presentation skills; 360 feedback for managers

    Disapproves of CEO
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