Does World Bank Group pay their employees well?

According to anonymously submitted Glassdoor reviews, World Bank Group employees rate their compensation and benefits as 3.9 out of 5. Find out more about salaries and benefits at World Bank Group. This rating has decreased by 2% over the last 12 months.

How satisfied are employees working at World Bank Group?

83% of World Bank Group employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated World Bank Group 3.8 out of 5 for work life balance, 4.0 for culture and values and 3.6 for career opportunities.

What are the top reviewed jobs at World Bank Group?

Consultant (728) , Short-term Consultant (STC) (366) , Analyst (138) , Investment Analyst (109) , Intern (82) , Economist (78) , Investment Officer (68) , Senior Consultant (61) , Operations Officer (48) , Program Assistant (48) , Extended Term Consultant (44) , Operations Analyst (40) , Senior Economist (34) , Short-term Consultant (34) , Specialist (31)

What are the pros of working at World Bank Group according to real employee reviews?

"Great colleagues with projects require a dedicated focus" ((in 255 reviews)); "People in operational positions (working in a region or sector) are for the most part talented and smart." ((in 248 reviews)); "Good benefits and intellectually stimulating" ((in 214 reviews)); "good salary and competitive globally" ((in 161 reviews)); "Great opportunity to advance career and meet professional" ((in 94 reviews))

What are the cons of working at World Bank Group according to real employee reviews?

"1. Poor management across different verticals" ((in 88 reviews)); "IT managers are bad." ((in 62 reviews)); "No job security as a consultant and you are forced to worry every few months about the next job." ((in 57 reviews)); "Long hours and little to none work" ((in 34 reviews)); "Too much internal politics like any huge organization." ((in 34 reviews))

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World Bank Group

World Bank Group reviews

4.1

83% would recommend to a friend

(2,935 total reviews)

Ajay Banga

84% approve of CEO

74% positive business outlook

Ratings by category

4.4

Diversity & inclusion

4.0

Culture & values

3.9

Compensation and benefits

3.8

Work/Life balance

3.6

Career opportunities

3.5

Senior management

World Bank Group has an employee rating of 4.1 out of 5 stars, based on 2,935 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The World Bank Group employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzen industry (3.7 stars).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

3K reviews

5.0

Apr 21, 2024

Exponential learning, great people to work with

Short-term consultant (stc)

Recommend

CEO approval

Business Outlook

Pros

Good pay, flexible schedule as an STC, global/regional exposure

Cons

150-day STC contracts limit your scope of work, no health insurance for consultants unlike ADB

2.0

Apr 19, 2024

Unpaid internship

Intern

Recommend

CEO approval

Business Outlook

Pros

networking within the World Bank Group

Cons

unpaid, given the grunt work not much actual training/shadowing/exposure that is meant to occur in lieu of payment.

4.0

Apr 18, 2024

Working with IFC as a consultant

Consultant

Recommend

CEO approval

Business Outlook

Pros

Global Exposure: Working with IFC provides the opportunity to engage with a diverse range of projects across various countries and industries, offering invaluable global exposure and insights into international development finance. Impactful Work: The work at IFC is geared towards sustainable economic development, which means that as a consultant, one can contribute directly to projects that have significant social and economic impacts. Networking Opportunities: Given IFC’s extensive global reach and its association with the World Bank Group, consultants have the chance to network with top professionals and experts in the field of development finance. Professional Growth: The complexity and scale of projects at IFC ensure that consultants are constantly learning and adapting, which greatly enhances professional growth and skill development.

Cons

Bureaucracy: As part of a large international organization, working with the IFC can involve navigating through layers of bureaucracy, which can sometimes slow down processes and decision-making. Variable Project Duration and Stability: Consulting positions can be subject to the ebbs and flows of funding and project availability, leading to potential instability in job security and long-term career planning. Intense Competition: The prestige and benefits of working with an organization like IFC also mean that competition for consulting roles is quite high, which can be challenging for both new and seasoned professionals. Work-Life Balance: The demanding nature of projects, especially in crisis regions or under tight deadlines, can impact work-life balance, with long hours often required to meet project goals.

Viewing 442 - 444 of 2,935 Reviews

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Jobs at World Bank Group

Regional Industry Director, FIG, Europe

Wien

View job