VPs of Information Technology rake in the most money, with average earnings of $168K annually; Business Development VPs come in second with average earnings amounting to $150K, while IT Senior Project Managers and Senior Business Analysts rank near the top as well (approximately $83K and about $74K, respectively). Associate Software Engineers are among the lowest paid at a median salary of around $62K.
Years of Experience
For those with one to four years of experience, median paychecks reach $70K per year. Those who have five to nine years of work experience see average salaries of $76K annually. The largest slice of the MasterCard Worldwide workforce (28 percent) has been working for 10-19 years and earns, on average, $102K per year.
When it comes to location, the highest average paycheck (about $115K annually) can be spotted in Miami, Fla.; Purchase, N.Y. ($87K), O'fallon, Mo. (approximately $84K), and Detroit, Mich. (around $83K) are the next top-paying cities. Expected earnings are below average (about $74K) in New York, N.Y., one of the lowest-paid cities. The highest pay by state can be found in California, where salaries average out at $169K per year.
Certifications and Degrees
Those lacking certification bring in much lower salaries than Certified Six Sigma Green Belts, who make approximately $113K annually. Project Management Professionals with credentials can live quite comfortably; median salaries come in at $110K per year. The best paid folks at MasterCard Worldwide have a Master of Computer Science (MCS), earning $115K annually.
The highest-paying skill to have in this role seems to be Agile Software Development; employees claiming this as part of the toolbox earn a median of around $93K per year. Project Management also popped up often in the survey as an important skill; one-fifth of employees surveyed report using it at work. Three more common skills are Business Analysis, Data Analysis, and Microsoft Excel.
Benefits and Perks
A lucky few (a quarter of workers) are fortunate enough to be compensated for both vacation and sick time. For employees looking to save up for their golden years, MasterCard Worldwide provides an optional 401(k) plan, and most employees participate. Health insurance is part of the package for almost all respondents, and for most survey participants, dental coverage is too. Additional benefits of working here are a casual working environment, a subsidized cell phone, tuition reimbursement, and flexible hours.