Mastercard reviews

4.1

82% would recommend to a friend

(7,679 total reviews)
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Michael Miebach

87% approve of CEO

81% positive business outlook

Mastercard has an employee rating of 4.1 out of 5 stars, based on 7,679 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Mastercard employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzas industry (3.7 stars).

Reviews by job title

8K reviews
2.0
Nov 29, 2014
Recommend
CEO approval
Business Outlook

Pros

With strong winds in our backs from customers getting off cash worldwide and the only competition from a similarly badly run organization, MasterCard vaults are loaded with dough spent ever so freely. Lavish customer events and entertainment, gorgeous marketing campaigns and interesting projects that don't have to make impact, nice salary and benefits for employees, and nobody has to really work hard.

Cons

During my years here, we have been overwhelmed with speeches about new culture that would be different from the days of associations, but MasterCard remains a mostly political place with senior executives caring much more about their personas rather than clients or employees. Executive management meetings feel like user-card salesmen conventions from the 80s. HR has the most power, often making and overruling business management's decisions. With the exception of 2-3 people of Level 3 and up, you are learning by watching how executives behaving and then doing the exact opposite. I used to work for Visa and we couldn't figure out how our so badly managed company could be kicking MasterCard out all over the world... now I understand why.

1.0
Oct 3, 2023
Recommend
CEO approval
Business Outlook

Pros

Hybrid work, most of the time work is remote. Meeting free day

Cons

Bully Team Managers and Directors who are below incompetent need more technical knowledge and skills to manage a team. No role and responsibility: Team Managers play favors on team members. Your Job title needs to be respected. As a PM-T, I was asked to gather requirements from businesses, maintain infrastructure and releases, work as support for cases, write code and do testing. To a lousy manager lacking technical depth, it is easy work; working with 20 tools and many languages is more challenging. HR Protects and allows bullying and retaliation to have no voice in Mastercard. Complaints of misconduct don't get addressed and get you in trouble. HR will inform the bully manager (for openness), and retaliation will continue as the next step. Often, it can reflected in Performance, Pay and exclusion. I was explained that HR needs to protect Management out of fear of a lawsuit that can affect the company's image. Bellow market pay. There are no Real benefits; only some teams have flex Friday. It depends on the team manager, continuous pressure for more work and unpaid overtime.

2.0
Jan 5, 2022
Recommend
CEO approval
Business Outlook

Pros

Mastercard is good for people who want to coast in a job for 5-10 years or more. The work life balance is great because expectations are minimal and people move slowly.

Cons

The company is not set up for career progression. There are tons of people who have been at the company 10+ years and coast in mid-level management. This creates a stagnant environment where you can't learn from teammates and there is limited innovation. In general, people operate in the mindset of "it's not my job." Promotions are slow (about 2-3 years for Manager level and below; 3-5 years for Director level; and sometimes longer for Vice Presidents). There is no clear promotion criteria and no formal system for annual career reviews. For example, your manager writes a ~2 paragraph performance review once a year but they're not required to collect 360 feedback from your colleagues. There's also no opportunity to give upward feedback to your manager. Like many big organizations, Mastercard is highly political. As a result, senior leadership can be hit or miss. Many SVPs are figureheads that don't know their business well and don't have the expertise to support their team. Leaders are not rewarded for good management; rather, they are rewarded for executive visibility. It's all about who you know and how well you can sell an idea (versus actually achieving a goal).

Viewing 43 - 45 of 7,679 Reviews

Glassdoor has 9,362 Mastercard reviews submitted anonymously by Mastercard employees. Read employee reviews and ratings on Glassdoor to decide if Mastercard is right for you.