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Mastercard Foundation

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Mastercard Foundation reviews

3.7

77% would recommend to a friend

(143 total reviews)

Reeta Roy

80% approve of CEO

79% positive business outlook

Mastercard Foundation has an employee rating of 3.7 out of 5 stars, based on 143 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Mastercard Foundation employee rating is in line with the average (within 1 standard deviation) for employers within the Non-profit and NGO industry (3.7 stars).

Reviews by job title

143 reviews
1.0
Nov 25, 2014
Recommend
CEO approval
Business Outlook

Pros

The staff are great: smart, experienced, dedicated, and fun. Some senior managers are enlightened. The programming makes a difference.

Cons

Hours are long, flex time is non-existent, and working from home is frowned upon. The office is a cubicle farm. There are no job descriptions, no wage scales, and no advancement scheme. Staff development opportunities are minimal. Travel is extensive, and is in coach class only, irrespective of distance or duration. There is no policy regarding days off in return for weekends spent working and travelling. Vacation time is stingy at 3 weeks. Program staff spend a disproportionate amount of their time preparing materials for Board meetings rather than developing programs and supporting partner organizations. Budget constraints are killing this organization and driving away good staff. Management maintains overhead at an absurdly low level compared to similar foundations.

1.0
May 26, 2020
Recommend
CEO approval
Business Outlook

Pros

Passionate young staff and worthwhile social mission.

Cons

The CEO - over ten years into her tenure and with no end in sight - is not a serious person. Her decision-making is arbitrary and the directives that follow are ill-articulated, often internally contradictory, and counter to policies and good industry practices. She prizes external voices (which have their own agendas) over those of her staff. She is not equipped to advocate to her Board on behalf of the organization, and following each Board meeting, overturns months of staff work on the basis of her dire interpretation of an off-hand remark from a Board member. To work here is to see your best, good-faith, professional efforts systematically undermined time after time, year after year. It is not healthy. The best years of your career are better spent elsewhere. The organization is in a perpetual state of turmoil as one after another set of consultants is brought onboard to reinvent systems and processes. The CEO knows the organization is dysfunctional, but fails to recognize that this dysfunction starts with her. Instead, she cloaks herself in one “bold” action after another (30M young people employed in 10 years! Pivoting on a dime to become an African organization!) when what is really called for is careful, stepwise growth grounded in organizational and personal humility. Following the CEO’s decision to dismiss 40 staff with centuries of collective experience (while preaching about the deeply held "values" of the organization), several of her senior staff have apparently come to the same conclusion, as they rush for the exits. The CEO made no effort to work with staff to develop new roles; she preferred to jettison them (curiously, many of those let go were the most experienced and critically-minded). And still, the Board renews the CEO’s tenure at great cost to the organization’s assets, its reputation, and its well-being. It’s an embarrassment. For the Board: Ignore the criticisms of the CEO as the words of a few malcontents if you wish, but please ask yourself: Why aren’t other voices jumping to her defense? Why, when people cite the wise words of international development foundation CEOs in op-eds and at global conferences, is the Mastercard Foundation’s CEO not among those cited?

1.0
Dec 2, 2019

Chaotic, Toxic and Lacks Direction

Recommend
CEO approval
Business Outlook

Pros

1. Dedicated group of young men and women 2. Great office location 3. Working from home is becoming more accepted

Cons

1. CEO is the sole decision maker- it is her show! She is building her own legacy. 2. Lack of accountability from the board- the CEO reads every word of board book before it reaches board members. 3. Do not disagree with partners who are CEO's friends or you might just get fired! 4. HR does not understand what diversity and inclusion means in an African context! You cannot fill an office with the folks from the same tribe/community. 5. Passively racist towards folks of color and specifically black people. You will waste your time getting that promotion while your white peers are promoted left and right. 6. Starting your career- do not come here! They talk about empowering young people but those at the Foundation lack support and mentorship.

Viewing 1 - 3 of 143 Reviews

Glassdoor has 179 Mastercard Foundation reviews submitted anonymously by Mastercard Foundation employees. Read employee reviews and ratings on Glassdoor to decide if Mastercard Foundation is right for you.