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

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).

Reviews by job title

3K reviews
5.0
May 26, 2021
Recommend
CEO approval
Business Outlook

Pros

The IFC is a great place to work. If you like to be part of an international and intellectually stimulating environment IFC is the place to be! It is important for me personally to know that, through our work, we are contributing in supporting IFCs mission on advancing economic development and improving the lives of the most vulnerable people/communities in the developing world. In my experience so far, management is welcoming of new innovative ideas creating a comfortable work environment to express and share views within the team. Other pros of working at IFC: You get to interact with amazing professionals in their respective fields and get to hear about how the work they do impacts vulnerable economies/peoples Very competitive salaries and benefits Flexible work arrangements Travel (at least before Covid-19 and hopefully after)

Cons

I have not observed any cons so far to mention.

1.0
May 23, 2021
Recommend
CEO approval
Business Outlook

Pros

Interesting investment projects in emerging markets.

Cons

- Stress and zero work life balance for junior staff levels (analysts, associate). I will never recommend young professionals to join. I regret personally. The amount of work is too much as there are too many layers of documents required to be submitted to seek approvals from every management for one project due to the bureaucratic nature of the organization). - If you are in local offices, you will be working with people in DC office which means that you are required to work 24/7 given the time differences. - Unreasonable managers (they have zero understanding of how much juniors work.). The culture is very similar to typical investment banks, while the salaries are much lower compared to private-sector banks. - The organization has quarterly targets/budgets for investment amount, hence the constant push/pressure from the management to the investment officers working on the ground to meet the target, sometimes at the expense of their work life balance and relationships with clients. - Too many layers of approval process for investments, which leads to slow decision making which causes a lot of frustration for the clients. It is very common to spend 7 months to 1 year just to make a single loan. This is absurd. - 50-60% of the work is not for value creation for the customers (i.e. investment). Rather, it is more about internal work, mostly creating reporting documents. - Training programs are not easily available for local staffs (most of them are DC-based). - Younger staffs have no idea what these senior management at HQ are doing on a daily basis.

3.0
Nov 14, 2020
Recommend
CEO approval
Business Outlook

Pros

great people, interesting projects, good salary, and good work-life balance

Cons

Extremely bureaucratic with very limited growth opportunities (and getting worse every year...). Even people from the YPP (IFC's flagship post-MBA program) have a hard time securing promotions of even positions after the end of the program.

Viewing 73 - 75 of 2,935 Reviews

Glassdoor has 5,054 World Bank Group reviews submitted anonymously by World Bank Group employees. Read employee reviews and ratings on Glassdoor to decide if World Bank Group is right for you.