Is Mastercard a good company to work for as a Principal Software Development Engineer?

Principal Software Development Engineer professionals working at Mastercard have rated their employer with 4.1 out of 5 stars in 64 Glassdoor reviews. This is an average score with the overall rating of Mastercard employees being 4.1 out of 5 stars. Search open Principal Software Development Engineer Jobs at Mastercard now and start preparing for your job interview by browsing frequently asked Principal Software Development Engineer interview questions at Mastercard .

Does Mastercard pay Principal Software Development Engineer employees well?

Principal Software Development Engineer professionals rate their compensation and benefits at Mastercard with 4.2 out of 5 stars based on 64 anonymously submitted employee reviews. This is 4.9% better than the company average rating for salary and benefits. Find out more about Principal Software Development Engineer salaries at Mastercard.

What are the top reviewed jobs at Mastercard?

Senior Software Engineer (407) , Director (365) , Software Engineer (357) , Consultant (351) , Manager (210) , Associate Consultant (206) , Associate Managing Consultant (206) , Vice President (198) , Product Manager (173) , Analyst (131) , Intern (119) , Software Engineer II (119) , Senior Analyst (111) , Project Manager (84) , Business Leader (81)

What are the pros of working at Mastercard according to real employee reviews?

"Good work life balance and if willing to learn new thing you will have ample scope." ((in 1016 reviews)); "Many companies talk about have a great culture while Mastercard walks the talk on this." ((in 878 reviews)); "Not only are the benefits really good but I don't just come to work and do my day job!" ((in 760 reviews)); "Some people are great and helpful" ((in 550 reviews)); "People become very content here because the pay is good and you don't have to work that hard." ((in 299 reviews))

What are the cons of working at Mastercard according to real employee reviews?

"Career progression can be slow and challenging." ((in 67 reviews)); "Long hours depending on department; such a large company that you may feel like a small fish in a big pond" ((in 64 reviews)); "Senior management is not transparent." ((in 55 reviews)); "The office politics is a major issue when it comes to prioritizing projects." ((in 39 reviews)); "Obvious favoritism at an all" ((in 30 reviews))

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Mastercard Principal Software Development Engineer reviews

4.1

90% would recommend to a friend

(64 total reviews)

Michael Miebach

97% approve of CEO

100% positive business outlook

Ratings by category

4.3

Culture & values

4.2

Work/Life balance

4.2

Compensation and benefits

4.0

Career opportunities

3.9

Diversity & inclusion

3.9

Senior management

Principal Software Development Engineer employees have rated Mastercard with 4.1 out of 5 stars, based on 64 company reviews on Glassdoor. This indicates that most Principal Software Development Engineer professionals have an excellent working experience there. Mastercard is rated in line with the average (within 1 standard deviation) by Principal Software Development Engineer professionals compared to other employers within the Financial Services industry (3.7 stars).

Ratings by demographic groups

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Reviews by job title

64 reviews

5.0

Dec 14, 2025

Great culture and pay

Principal

Recommend

CEO approval

Business Outlook

Pros

great career opps, compensation scheme, work & life balance

Cons

complex org, R&R, change management

3.0

Dec 6, 2025

Excellent technology company

Principal software engineer

Recommend

CEO approval

Business Outlook

Pros

Growing and busy building the future in payments

Cons

Burnout, continuous reorgs, salary discrepancies

4.0

Nov 11, 2025

A decade of growth, innovation, and great people

Principal engineer

Recommend

CEO approval

Business Outlook

Pros

Celebrating 10 years with Mastercard has been an incredible journey. The company has evolved tremendously - from a small, ambitious team to a mature organization with a strong culture of collaboration and innovation. Leadership genuinely cares about employee development, providing continuous opportunities to learn and grow. The work environment encourages creativity, open communication, and teamwork. Benefits and work-life balance have steadily improved over the years, reflecting management’s commitment to long-term employee satisfaction.

Cons

Like any fast-growing company, there have been growing pains - adapting to new systems and scaling processes can be challenging. However, leadership is transparent and receptive to feedback, which makes change easier to navigate.

Mastercard Response

7mo

Thank you for sharing your experience with us! We’re thrilled to hear you’re enjoying your time at Mastercard. Your feedback means a lot and helps us continue building a workplace where everyone can thrive. #WeAreMastercard

Viewing 4 - 6 of 64 Reviews

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Mastercard Principal Software Development Engineer reviews

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Great culture and pay

Excellent technology company

A decade of growth, innovation, and great people

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