MasterCard

  www.mastercard.com
  www.mastercard.com

MasterCard Reviews

Updated 18 October, 2014
Updated 18 October, 2014
300 Reviews
3.7
300 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
MasterCard President and CEO Ajay Banga
Ajay Banga
200 Ratings

Review Highlights

Pros
  • The company also has a great culture and most of its employees try to have a good work-life balance (in 45 reviews)

  • Good benefits, good pay, good global exposure but still very beaurocratic and "meeting heavy" (in 21 reviews)


Cons
  • Forget about work life balance that they preach on paper but do not put in practice (in 10 reviews)

  • No priorities at the senior management level (need to be everything to everyone) and execution is unrealistic (in 11 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Business Leader
    Current Employee - Senior Business Leader

    I have been working at MasterCard full-time (more than 8 years)

    Pros

    Compensation very competitive, solid management team, loads of career opportunity, company truly cares about its employees

    Cons

    A great deal of lateral opportunity, but can be challenging to find upward opportunity especially at senior management level, at times management is not as transparent as they should be

    Advice to ManagementAdvice

    Become slightly less risk averse, beat Visa to the punch, continue to focus on emerging payment opportunities

    Recommends
    Neutral Outlook
    Approves of CEO

    MasterCard Response

    Aug 18, 2014VP, Employer Brand Marketing

    Thanks for your thoughts - an open, transparent culture is a winning one!

  2.  

    Evolving into a technology company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Leader in San Carlos, CA (US)
    Current Employee - Business Leader in San Carlos, CA (US)

    I have been working at MasterCard full-time (more than an year)

    Pros

    Senior leadership has a great vision for the future of the company and employees have bought in. Strong growth and profitability has allowed for acquisitions to keep pace with the change and innovation. Great benefits, profit sharing and health plan. Great internal communications and resources available to team members. A company with a social conscience.

    Cons

    One challenge is the highly regulated industry environment which inhibits rapid development and change. Can be bureaucratic and sluggish to move.

    Advice to ManagementAdvice

    Communicate clear ownership and install processes to accelerate implementation of new strategic initiatives.

    Recommends
    Positive Outlook
    Approves of CEO

    MasterCard Response

    Aug 18, 2014VP, Employer Brand Marketing

    Your sentiment regarding being socially conscious is what brings great pride; as we say Doing Well by Doing Good! thanks for your review

  3.  

    Very positive experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern in Dublin, Dublin (Ireland)
    Former Employee - Intern in Dublin, Dublin (Ireland)

    I worked at MasterCard as an intern (less than an year)

    Pros

    Very positive work environment, great culture.

    Cons

    Having to wait from the green light from on high frustrated some devs.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Admirable Culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Consultant in Saint Louis, MO (US)
    Current Employee - Consultant in Saint Louis, MO (US)

    I have been working at MasterCard full-time (more than an year)

    Pros

    The companies culture is extremely impressive. I have worked as a contractor for a little over a year and recently became an employee and couldnt be happier. I worked for another company based in St. Louis for 5 years and they are night/day with MasterCard. There is lots of employee appreciation and a also a committement to employee growth.

    Cons

    Any time you are working in IT there will be lots of challenges with the work which can be stressful at times. The only thing is it is very hard to come into this company as an employee without knowing someone first.

    Recommends
    Positive Outlook
    Approves of CEO

    MasterCard Response

    Aug 06, 2014VP, Employer Brand Marketing

    Culture is a key driver when people consider working for any Brand - thanks for your thoughts!

  6.  

    Great place to work - glad I made the leap!

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

    I have been working at MasterCard full-time (less than an year)

    Pros

    In addition to their solid place in the market, growing revenues and encouraging future, MasterCard treats their employees well, communicates effectively and provides empowerment to employees at all levels.

    Cons

    Like any large organization, politics can trump basic common sense with decision making. Also, titles for positions are ambiguous which causes some confusion.

    Advice to ManagementAdvice

    While a matrix organization is a great collaborative tool, too many dotted lines or an unclear organizational structure leaves challenges.

    Recommends
    Positive Outlook
    Approves of CEO

    MasterCard Response

    Aug 06, 2014VP, Employer Brand Marketing

    We value your response - thanks so much !

  7. 1 person found this helpful  

    Lack of leadership.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate Software Engineer in Saint Louis, MO (US)
    Former Employee - Associate Software Engineer in Saint Louis, MO (US)

    I worked at MasterCard full-time (less than an year)

    Pros

    I was a contractor for an associate software engineer position for $25/hr. I was paid on time. You work a lot more than you are paid for, but it is very nice to work with such a large organization. It is a big place. I am sure there are some good teams there.

    Cons

    The details of the job were hidden behind senior employee's egos. I was constantly reminded that I was a contractor and not an employee. There was an enormous lack of communication. I was constantly being cussed at and berated. I guess management was constantly overworked. There was a lot of negative gossip initiated by management. Obviously, you work hard and feel good about your work and are let down when after looking people in the eye day in and day out and dealing with a lot of nonsense you receive a call from a contract representative you've met once saying you are no longer employed. A lot of micromanagement.

    Advice to ManagementAdvice

    Don't feel threatened when you are looked in the eye and spoken to. If something was not done to your satisfaction, communicate it or provide criticism/feedback.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  8. 1 person found this helpful  

    Uncomfortable and hostile at the lower to middle management level.

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

    I have been working at MasterCard full-time (more than an year)

    Pros

    Hiring new and younger employees while maintaining existing generations which provides a broad spectrum of existing experience and new ideas. Benefits are still reasonable and there is a matching 401k which starts vesting in the first year. Senior management is absolutely moving in the right direction.

    Cons

    Old school hostility still exists in pockets. Attempts are being made to clean up unacceptable behavior but it's like moving a battleship.

    Advice to ManagementAdvice

    Train your management team and have HR proactively involved. When your overall management score is ranked below a 6 on a scale of 1 - 10 specific intervention would be useful.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  9.  

    Loved the work - but no life balance in the data warehouse!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Data Warehouse Analyst in Saint Louis, MO (US)
    Former Employee - Data Warehouse Analyst in Saint Louis, MO (US)

    I worked at MasterCard full-time (more than 3 years)

    Pros

    Great co workers, nice environment, meaningful work. Good benefits!

    Cons

    To advance - you really have to be part of the "in crowd". Once a part of the in crowd - standard HR rules do not apply. Many managers do not have management experience and policies are not applied fairly. Friends are given good assignments and allowed to "work" from home on Fridays. Several managers are known throughout the co to have unreal expectations of their reports and are more focused on their own advancement than supporting the team. Routine 60 - 70 hour weeks are standard under some managers. Complaints to HR go unresolved.

    Advice to ManagementAdvice

    Truly review management practices.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10. 2 people found this helpful  

    Summer Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Summer Intern in O'Fallon, MO (US)
    Former Employee - Summer Intern in O'Fallon, MO (US)

    I worked at MasterCard as an intern (less than an year)

    Pros

    MasterCard really values their interns. I was given a legitimate independent project, the results of which were used even after the internship was over. There are many internship activities throughout the summer, such as sitting in the MasterCard box at a Cardinals game, volunteering at Junior Achievement Finance Park, and various "lunch and learns" with executives. The internship is one of the most professionally designed programs I have seen. MasterCard provides housing and transportation for interns not from the area which is a huge perk. MasterCard uses the internship program as a pipeline for full-time hires. I was even given the opportunity to work remotely during the school year.

    Cons

    Interns in MTO and IPS don't get to interact much at work.

    Advice to ManagementAdvice

    Great office culture. You can tell innovation is a priority.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Good Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Consultant in O'Fallon, MO (US)
    Current Employee - Consultant in O'Fallon, MO (US)

    I have been working at MasterCard full-time (more than an year)

    Pros

    Fast Paced, Good work environment, if you work hard you get rewarded. Good tuition reimbursement, pays for certifications and training.

    Cons

    You may have to work overtime, not everyone works hard.

    Recommends
    Positive Outlook
    Approves of CEO

    MasterCard Response

    Jul 22, 2014VP, Employer Brand Marketing

    Thanks for your review - we are happy that you gave some insight into our culture!

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