Pros
Great benefits and time off
Cons
More recently, the company has begun implementing PIPs in a way that appears designed to push employees out rather than execute larger-scale layoffs. This approach seems intended maybe to minimize public scrutiny and avoid headlines associated with mass layoffs. As well as avoid additional severance packages. Heard about multiple colleagues being put on pips recently after years of hard work. As with many large organizations, individual experience is highly dependent on one’s team. While the company promotes values under The Mastercard Way—such as “help each other be great,” “say what you mean,” and “grow together”—the lived culture often does not reflect these principles. Collaboration is limited, credit for work is misattributed, and contributions are overlooked. Cross functional collaboration is also a nightmare with every team acting like they are at war between each other when it comes to having to work together on something.