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
2.0
Jan 3, 2018
Recommend
CEO approval
Business Outlook

Pros

If you are on the right project, you can get exposure to many interesting experiences. For instance, meetings with Ministers of the country your project is, or traveling to locations where your project is being implemented. International work atmosphere.

Cons

From the inside, the World Bank can seem disorganized, bureaucratic, and unnecessarily convoluted. Due at least in part to its dwindling competitiveness, it cannot offer adequate benefits to 40% of its staff (and decreasing benefits to the rest). These are called 'STC's', and they receive no healthcare, no sick days, and can only work 150 days a year. This means that most of them are unemployed for about 2.5 months a year. While STC roles work well for some (especially retired folks - who earn about 3x as much as their younger counterparts + retirement benefits from the World Bank), the rest are effectively subsidizing benefits for the other 60%. It is a perverse two-part caste system - especially in a place that lives and breathes equality and equity for the world's disadvantaged. Most people under the age of 30 are 'STC's', and many leave. So it makes me wonder: where is the World Bank going? If it cannot recruit and keep talent like it used to, then what's left for its future?

1.0
Mar 9, 2015
Recommend
CEO approval
Business Outlook

Pros

No one will get laid off. Compensation is enough to keep you alive. Culture depends on the region but tends to be very political.

Cons

No incentive to perform well or consequence/responsibility if things go down. No bonus or carry at all. Promotion is very slow. It can take over seven to ten years to get promoted to the next level. Senior management can fly business class while junior to middle level staff can only do economy class even on a 14 hours flight.

Viewing 19 - 21 of 2,931 Reviews

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