World Bank Group reviews

4.1

84% would recommend to a friend

(2,931 total reviews)

Ajay Banga

83% approve of CEO

75% positive business outlook

World Bank Group has an employee rating of 4.1 out of 5 stars, based on 2,931 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
3.0
May 17, 2020
Recommend
CEO approval
Business Outlook

Pros

Prestigious position and work environment, meaningful job, you will literally be changing the world, you will literally influence people lives, opportunities for development, great opportunities after leaving the Bank, excellent pay, excellent benefits, opportunity to travel the world, meet leaders and top officials, live in DC, and flexible work options.

Cons

Long lasting career within the Bank is unlikely; Your future is always uncertain as most contracts are term contracts making it impossible to feel settled in town or establish a family; Your livelihood is in the hand of your colleagues whom feedback does not necessarily depend on your professional outputs; short term consultant contracts are technically a form of modern day slavery and require full review ASAP; Team members scattered around the globe and respect for personal time outside work hours is nonexistent (personally I have been told to my face by a task team leader that if I prioritize my family then this job is not for me, this ideology is wide spread across the Bank and perhaps explains why large number of staff either come from broken homes or from poverty/war, though it is worth noting that you're highly encouraged to marry from within the institution); Sexual harassment is widespread (refer to Staff Association recent survey) and this is not surprising when taking into consideration the power some staff are given when it comes to contract renewal and the position of vulnerability you're at once you have tasted the benefits of this job; expect it to be difficult to have a social life outside work given the frequent travels and work hours;

1.0
Feb 21, 2023
Recommend
CEO approval
Business Outlook

Pros

If lucky, your manager will take note of your ability and assign you to projects that help developing countries. If you have impactful projects in your portfolio, you gain useful skills and you really make a difference in people's lives.

Cons

The STC pay scale is ridiculously low (think $40K-$60K/yr for most people), even though STCs make up most of the people who work at the World Bank (Out of 20,000 people, around 12,000 are STCs). By comparison, permanent staff members (a minority of the 20,000 workforce) make about $175K/yr with full benefits and perks. You work beside them, and are expected to shoulder the same responsibilities and have the same deliverables. You are limited to 150 workdays PER YEAR. That is INSANE, and the poverty wages you make will never allow you to live well in DC. The organization culture is toxic, treats consultants as disposable, and offers ZERO benefits (no insurance, 401K, or ANYTHING ELSE). IMAGINE a professional role that requires a master's degree but offers zero benefits and no insurance coverage. You are told from day ONE that there are thousands of people waiting to take your place, and that you should be grateful to work there. Because of the 150-day-per-year limit, you are expected to underbill your workdays and work for free in order to last through the year. The organization's lofty goals of improving lives around the work and providing social protection become laughable when you look at how brutally it overworks its own people. The hypocrisy and gap between the Bank's professed values and its true values is painfully large.

1.0
Jun 18, 2018
Recommend
CEO approval
Business Outlook

Pros

Global reach with a great mission. Some positive people doing great things inspite of the bureaucracy and hierarchy. Just like American society, they talk a lot about their issues so in that way there’s transparency (but don’t actually fix them).

Cons

No career mobility, no accountability to address discrimination. The Management pronouncements and public image will say they encourage diversity and inclusion (D&I) and welcome Caribbean and Sub-Saharan African applicants. Reality is your qualifications have to be 10 times better than those from Part I countries (Part I are the donors, so it may be colonization in a new form.) The turnover of people of color and young people is high and prospects are low. You may get a great group or end up having to endure lots of hardships and ill treatment due to poor Management and staff there for a really long time. Unfortunately, there’s often a negative incentive to have you to just tick a diversity box to meet D&I targets/index for a few financial years. Beware!

Viewing 13 - 15 of 2,931 Reviews

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