Slow, siloed machine - Manager, Product Development Mastercard Employee Review

2.0
Jul 5, 2022
Recommend
CEO approval
Business outlook

Pros

Flexible work pattern, nice office (if you need one), base salary range is not the worst in the industry. Standard benefits available. Internal career growth is available and being actively encouraged. Diversity is prioritized.

Cons

Overtime all the time, overwhelming amount of work. Siloed, slow development teams - in some cases it may take years to deliver basic features. Bureaucracy at it's worst. Yearly salary raises are negligible, they don't even cover the inflation. No employee stock purchase plan available, you can't have a piece of the business you're working to build. People are strangers for the most part. A lot of patting on the back in corporate town halls for all the achievements but the reality is very different. Internal career growth is only possible if you have time to immerse yourself into your desired position by helping someone who's already there. Which you won't due to being overloaded with your own work.

Explore other reviews about Mastercard

5.0
Jun 23, 2026
Recommend
CEO approval
Business outlook

Pros

People are highly intelligent and things seem to operate efficiently

Cons

Large ship so changes are hard to make

4.0
May 27, 2026
Recommend
CEO approval
Business outlook

Pros

Mastercard does a great job fostering an inclusive and supportive environment. There are genuinely good people throughout the organization, and leadership often invests in employee engagement through events, recognition, and culture-building initiatives. I enjoyed many of the relationships I built while working there, and there are teams that truly care about collaboration and supporting one another.

Cons

Compensation at the director level did not feel competitive compared to the level of responsibility expected. Career advancement can also be extremely challenging due to how top-heavy the organization is with senior leadership roles. There are a large number of Senior Vice Presidents, sometimes without clear scope or experience aligned to the title, which creates limited room for high-performing employees to grow. At times, it felt like senior leaders were being hired primarily to manage or communicate with other senior leaders, rather than drive meaningful operational impact. In product and go-to-market roles especially, priorities are often heavily driven by funding decisions. It can be frustrating when projects suddenly shift in importance or remain underfunded for long periods of time while awaiting senior leadership review. This sometimes leaves highly talented employees in limbo, unable to move initiatives forward despite strong momentum or market opportunity. The organization can also be very comfortable with the status quo, which creates a slower pace that many employees seem accustomed to. For people who are highly motivated and eager to drive change, it can feel difficult to navigate the number of roadblocks and layers of approval required to move initiatives forward.

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