Mastercard

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Company
Mastercard
Headquarters
Purchase, NY
Employees
10,000 +
Industry
Finance

Representation - Gender Identity

61.0%
Male
39.0%
Female

Representation - Race

5.6%
Black
19.9%
Asian
8.4%
Latinx
Native American
64.4%
White
Other

Handling the application process

August 11, 2020

Best way to prepare for an interview is really be armed with ‘why mastercard’ and understanding a bit about how mastercard makes money/payments ecosystem. No one is expecting you to be an expert especially on a more junior level, but have some idea.

Navigating the company culture

August 11, 2020

Mastercard is annoyingly big on networking/who you know. A lot of roles rely on cross-functional relationships and partnerships. Make it easy on yourself and go to events – hosted by the BRGs, coffee chats, leader and group chats, etc.

Succeeding in the promotion process

August 11, 2020

Be vocal. I wish I had mentioned to my first manager that I wanted to be promoted. I’ve done a lot of that now. Arm your manager with the fuel to prove that you deserve a promotion. Also let them know that you’re looking for that.

Negotiating salary & benefits

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Shaping your career development

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August 16, 2020

Product Specialist

New York City, NY

tenure:

1-3 years

Application and interview process

It was relatively easy and seamless. Someone reached out to me on LinkedIn about a role in the consulting practice, and that wasn’t the best fit, but that led to me getting this other role.

Application and interview process

The process was pretty quick because they were trying to get someone in as soon as possible. After my initial conversation with the recruiter and hiring manager, I came in for a super day where I had 3-4 back-to-back interviews, and then I had an offer two or three days after that.

Promotion discussions

The discussions were good. They start by highlighting your strengths, and then they move into highlighting where you can improve. Then there was a discussion around compensation. You also have an opportunity to ask questions and talk about how you thought your year went/summarize your accomplishments.

I’m learning that they’re much bigger on you changing teams to get promoted. So if I don’t get promoted this year, I won’t be able to get promoted until next year, unless I change teams. This restricts and delays growth in my opinion. There have been several occasions when my manager has expressed that I am performing above my level, but I have to wait until next year to be fully recognized or compensated for this.

Promotion discussions

The promotion process has been frustrating because depending on when you join, you may not get a rating just feedback. The rating is needed to promote or move teams. I joined in April, and I got almost a full-year’s work in and although I was rated, I was not promoted despite receiving a ‘results achieved’ rating and a raise. It’s just a thing about larger organizations to have a lot of red tape for promotions.

August 14, 2020

Overall

Salary

$107,000

Product Specialist

New York City, NY

tenure

1-3 years

Diversity

Representation

Recruiting and retention

Diversity programs

role transparency

Accuracy of job requirements

Accuracy of job description

opportunity

Promotion and upward mobility

Training and career development

Contribution to work

environment

Work-life balance

Work flexibility

Work inclusiveness

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