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 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

Feb 7, 2024

Be careful what you wish for

Short-term consultant (stc)

Recommend

CEO approval

Business Outlook

Pros

The bank is full of unusual people from all over the world working on problems that are interesting and important at face value.

Cons

This place is pure politics. Everything is driven by self-serving narratives rather than facts and evidence. Anyone who cares about delivering high integrity work is unlikely to be satisfied with the impact of their contributions or even to escape inner conflict over being in the room at times. I witnessed or experienced several kinds of extremely bad behavior that HR warns about during onboarding, ranging from "wage theft" to questionable vendor relationships. I expected typical institutional baggage but this is above and beyond.

3.0

Jan 10, 2024

Needs serious reforms

Specialist

Recommend

CEO approval

Business Outlook

Pros

Great brand, opportunities for doing very impactful work

Cons

Deeply technical people in Managerial positions. Lots of very old people on hefty salaries who have completely lost touch with reality and are deeply inefficient but refuse to retire. "Senior Specialist" age ranges from Age 37-coffin (its frankly ridiculous). I have seen highly incompetent people getting nothing done simply because of their term positions. If you're someone who likes to work with a sense of urgency and get things moving, you are likely to be deeply frustrated.

5.0

Dec 3, 2023

Pro and cos of the employment with IFC

Research officer

Recommend

CEO approval

Business Outlook

Pros

Dynamic and fast-paced atmosphere that constantly demands employees to push their limits and adapt to evolving situations. It fosters an atmosphere where individuals are encouraged to step out of their comfort zones, take on new responsibilities, and tackle complex problems. In such an environment, employees often face tasks that require innovative thinking and creative problem-solving skills, contributing to their professional growth. Challenges may arise from high expectations, tight deadlines, or the need to navigate uncertainty, creating an environment that values resilience and adaptability. Ultimately, a challenging working environment can inspire employees to excel and achieve their best by providing opportunities for continuous learning and development.

Cons

Employees face constraints in terms of advancement and growth within an organization. This could result from a lack of upward mobility, where promotional avenues are scarce, hindering career progression. Additionally, organizations with limited career opportunities may not provide sufficient professional development programs or mentorship, limiting employees' chances to enhance their skills and qualifications. Such an environment might lead to frustration among employees who seek to climb the career ladder but find few avenues to do so. Ultimately, a lack of diverse career paths or options for skill diversification can hinder overall job satisfaction and retention.

Viewing 64 - 66 of 2,935 Reviews

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