Career progression is slow especially if you are a developer - Software Engineer Mastercard Employee Review

2.0
28 Dec 2018
Recommend
CEO approval
Business outlook

Pros

Good work from home options and teamwork. People are helpful and believe in the mission.

Cons

Career progression is really slow if you are a software engineer in the tech hub. One of the main reasons new hires leave is also because of this. Pay is also low when compared to the market standards of other fintech companies. The management progresses every year but the engineers and architects are stay put. It kind of became a bit toxic to work at since the past one year. My advice for an engineer would be to not make this company your first option.

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Mastercard Response
7y
Thank you for providing feedback. At Mastercard we focus on enabling our employees to achieve their maximum potential. We empower all of our employees to seek development opportunities and progressions with a minimum of 12 months in a role to be considered for a new role. Our compensation philosophy not only includes a competitive pay structure, but annual bonuses, flexible work schedule and a generous benefits program.

Explore other reviews about Mastercard

5.0
24 May 2026
Recommend
CEO approval
Business outlook

Pros

Great culture. Stable. Analytical and rewarding if you find the right product.

Cons

Slower career growth. Not as influential

4.0
27 May 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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