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 1% over the last 12 months.

How satisfied are employees working at World Bank Group?

84% 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 3.7 for career opportunities.

What are the top reviewed jobs at World Bank Group?

Consultant (727) , Short-term Consultant (STC) (365) , Analyst (138) , Investment Analyst (108) , Intern (82) , Economist (78) , Investment Officer (67) , 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 263 reviews)); "People in operational positions (working in a region or sector) are for the most part talented and smart." ((in 246 reviews)); "Good benefits and intellectually stimulating" ((in 229 reviews)); "Good remuneration and work/life balance" ((in 179 reviews)); "good salary and competitive globally" ((in 160 reviews))

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

"1. Poor management across different verticals" ((in 93 reviews)); "Career progression can be slow and volatile." ((in 79 reviews)); "IT managers are bad." ((in 58 reviews)); "however there is no job security (2 year term contracts) and no career progression after a certain stage if you are in a country office." ((in 50 reviews)); "Long hours and little to none work" ((in 36 reviews))

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World Bank Group

World Bank Group reviews

4.1

84% would recommend to a friend

(2,932 total reviews)

Ajay Banga

83% approve of CEO

75% positive business outlook

Ratings by category

4.4

Diversity & inclusion

4.0

Culture & values

3.9

Compensation and benefits

3.8

Work/Life balance

3.7

Career opportunities

3.6

Senior management

World Bank Group has an employee rating of 4.1 out of 5 stars, based on 2,932 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 Finanzas 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

2.0

May 25, 2011

When it's good it's good and when its bad it's and utter waste of time

Junior professional associate

Recommend

CEO approval

Business Outlook

Pros

The Bank pays above market and you may get to travel to interesting places. The people you meet are interesting and super elite. It's common to meet people with multiple PhDs as well as other advanced degrees. You get a great deal of vacation time and may get to take every other Friday off. There are a lot of interesting speakers who come to the Bank and it's great when you can see them.

Cons

The Bank has to be judged department by department, and if you end up in a bad one you will likely be highly under utilized and bored out of your mind. Nepotism runs deep and its hard to keep smiling when you know the guy across the hall is making $250k a year and essentially not doing his job HELPING THE WORLD'S POOR

1.0

Sep 27, 2023

If You Have Options Don't Work Here

Ethics & compliance

Recommend

CEO approval

Business Outlook

Pros

Only pro I can say is the people are nice and you get good healthcare benefits.

Cons

- Everyone is overworked and stressed. Some are just better at hiding it than others. In general I would say most people would leave if they had other opportunities but many are tied to this place because of their visa and The World Bank exploits this - Poor work-life balance. You'll find yourself working after hours frequently or putting in a full 8 hour work day with no breaks - The President is out of touch with reality. They are against working at home. - Salaries are low and if you choose to stay here you won't see much of an increase in pay There are other reasons but basically save yourself a life of pain and go somewhere else.

4.0

Jul 27, 2021

YPP World Bank Group

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

- Great salary for young professionals in the development sector -Possibility to rotate between teams and organizations (from WB to IFC, for example) -YPP is highly regarded within and outside the Bank

Cons

- Growth path within the WB not so clear as before - The program (and the Bank) may feel slow and bureaucratic for young people who are used to lead projects and have more responsibilities in their previous jobs.

Viewing 34 - 36 of 2,932 Reviews

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Jobs at World Bank Group

Programming specialist