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
Aug 10, 2020

DMP Vancouver Team

Recommend
CEO approval
Business Outlook

Pros

- Colleagues are very supportive of each other. - Office is very conveniently located in downtown. - Benefits are decent (Tuition, RRSP matching).

Cons

- Salary is very low compared to other companies of the same size. - You'll have to work with legacy codebases. A lot of the business logic is not documented which makes it difficult to understand the code sometimes. - Accumulated quite a bit of tech debt and it seems like it's the last thing they care about. - You have to do on-call support every other week. - A lot of processes in place to slow you down. Something as simple as restarting the server in the test environment can take a few hours just because you have to reach out to a different team to do it. - Sometimes you have to attend 6AM or 7AM meetings. - The sandbox environment which you use for dev work breaks all the time. It's very frustrating and it also impacts delivery. - You have to work overtime sometimes, especially nearing the end of a PI. - Very meeting-heavy.

1.0
Jun 13, 2019

DO NOT WORK HERE

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Brand new coffee bar downstairs.

Cons

No promotion unless you know someone (this can be proven so stop with the canned HR responses).

1.0
Feb 27, 2019

Overpromised and underdelivered

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Generally smart and friendly coworkers and good culture - Decent perks in office, such as snacks, some meals, and game room - Less travel at junior levels compared to management consulting

Cons

Since the Mastercard acquisition, everything has gone rapidly downhill: benefits, perks, travel policy, culture, core company vision, employee development, etc. The Mastercard integration has been full of non-transparent policy changes, reduction in unique APT culture, bureaucracy, etc., with senior APT leadership reluctant to do anything to counteract this. The health insurance policy used to be excellent and completely covered by APT. Now, there are 3 poor high deductible plans to choose from. Many people within APT are unsure of what their roles might look like in the future due to Mastercard’s ability to do whatever it wants. Many of APT’s best employees have left for other opportunities in the last few years post-acquisition, and rightly so. While APT markets the role as strategy consulting, it is not. While there are some elements of the job that involve strategic thinking, much of your time will be spent debugging things in the software. Many things are driven by the software and what it’s capable of, which stifles a lot of creative thinking and results in projects that follow a relatively cookie cutter approach. You’re also interacting with junior instead of senior clients. Long hours full of mundane work, such as password resets, client trainings, helping clients resolve trivial software issues, SQL work, editing decks, etc. As other reviews have mentioned, you’re “glorified tech support.” The 360 review cycle pits employees against each other, making the process unnecessarily competitive and cutthroat. An unlucky project or two with an unreasonable client or challenging internal team can drop your review and even lead to APT asking you to leave. APT also claims to be mostly free of politics and hierarchy, which can be false. Certain individuals have much more sway in the organization, and if they like or dislike you, this can have a major impact on your career. The hierarchy is also present, where more senior team members pawn off mundane and time-consuming work to BCs and seem to have different, laxer standards imposed on them. Work / life balance is poor. APT claims to have better work / life balance compared to management consulting firms, but this is frequently not the case. Bad weeks can hit 80 hours when multiple clients are high burn, and the average is 55-60 hours per week. Burnout and frustration are fairly common, and APT doesn’t have a good approach for handling this. Poor exit opportunities. Unlike management consulting, APT prefers that its employees stay for the long term. The alumni network is basically nonexistent, and exit opportunities are never discussed during recruiting or at the company. The skills you learn also aren’t very transferable to other roles, with the primary non-school exit being into data science. The brand equity is also extremely low compared to management consulting firms, and there’s no graduate school sponsorship. Compensation starts off relatively high but drops off precipitously vs. management consulting as you move up the ladder.

Viewing 46 - 48 of 7,679 Reviews

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