The World Bank

  www.worldbank.org
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The World Bank Reviews

Updated 15 August 2014
Updated 15 August 2014
286 Reviews

3.5
286 Reviews
Rating Trends

Recommend to a friend
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The World Bank President Jim Yong Kim
Jim Yong Kim
94 Ratings

Review Highlights

Pros
  • Work life balance is great, together with the benefits and people (in 19 reviews)

  • The work environment differs greatly within the Bank (in 16 reviews)


Cons
  • Consultants comprise over 60% of the workforce at WBG headquarters, with no benefits or job security (in 13 reviews)

  • No benefits and little job security (in 10 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Amazing!!!!!!!!!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Everything is so great here. I feel right at home and it was a shame that I had to leave Ft work for grad school but I still enjoy PT work here.

    Cons

    Nothing bad to say! Cant say enough good things

    Recommends
    Approves of CEO
  2.  

    Good Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Research Analyst
    Former Employee - Research Analyst

    Pros

    Multicultural, working with some of the best minds, good work-life balance and work environment

    Cons

    Limited career progression, particularly in country offices

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    Overall a stimulating and rewarding place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Operations Officer  in  Washington, DC (US)
    Former Employee - Operations Officer in Washington, DC (US)

    Pros

    Much of the job satisfaction derives from the fact that it's a mission-driven organization whose goal is to reduce poverty and raise the standard and quality of living in the poorest countries of the world. And, it is a stimulating intellectual environment - the multitude of issues that the institution works with alone makes it an interesting place to be. It's full of very smart people, very well educated, most of whom are genuinely engaged and care very much about fulfilling the organization's mission. Many, many opportunities to learn, super interesting colleagues, travel, a truly global environment, excellent benefits - maybe not as good as in the past but still in the top tier, including leave policies that model the Europeans more than the Americans.

    Cons

    One's experience here can vary considerably depending on who you're working with. I had almost without exception excellent managers who genuinely, actively supported my professional development. But I have colleagues and friends who didn't have such good fortune. Additionally, it relies excessively on short-term contractors and consultants, it is very difficult (or at least it was, at the time I left) to get a permanent, full-time position. There's also no getting around the fact that it's a bureaucracy, which all large organizations inevitably are, but this one perhaps more so than some corporations because it's literally political: the board of Executive Directors consists of representatives of the member countries, who meet not just once a quarter like many if not most corporate Boards, but rather twice a week in full committee. Geopolitics inevitably drives a fair amount of what happens here, but that's also partly why it's such an interesting and stimulating place to work.

    Recommends
    No opinion of CEO
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  5.  

    It is a very diverse work environment that is open to growth and learning.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - IT Support Staff Level II  in  Washington, DC (US)
    Current Employee - IT Support Staff Level II in Washington, DC (US)

    Pros

    The Bank gives you opportunity to expand you knowledge in IT with training courses and forums.

    Cons

    There are times where there is nothing to do.

    Recommends
    Positive Outlook
  6.  

    Top notch professionals, fulfilling work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Communications Associate  in  Washington, DC (US)
    Current Employee - Communications Associate in Washington, DC (US)

    Pros

    The creme of the crop in terms of intellectuals. Great exposure to international affairs. Love the lectures, panels and love of learning at the Institution.

    Cons

    Internal politics, hierarchy and bureaucracy rule. Staff and consultants don't have equal benefits, treatment and opportunity which creates a rift and tension.

    Advice to ManagementAdvice

    Be transparent, get rid of managers with no people skills, communicate better with employees. Have fair hiring practices.

    Recommends
    Negative Outlook
    Disapproves of CEO
  7.  

    Very intellectual environment, but hard to get things done.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Economist  in  Jakarta (Indonesia)
    Former Employee - Senior Economist in Jakarta (Indonesia)

    Pros

    Good salary and benefits, a strong focus on knowledge creation, and many learning opportunities. Generous vacation and other benefits.

    Cons

    It still is a public sector bureaucracy at heart, and thus it's hard to get even simple things accomplished. Promotions are slow, and non-international staff have few opportunities to advance.

    Advice to ManagementAdvice

    Try to create an environment that rewards people no matter where they come from. Reward work outputs as much as educational qualifications.

    Recommends
    Neutral Outlook
    No opinion of CEO
  8.  

    STC with Independent Evaluation Group

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Short-term Consultant (STC)  in  Washington, DC (US)
    Former Employee - Short-term Consultant (STC) in Washington, DC (US)

    Pros

    IEGCC team is great. People are very experienced, friendly, and supportive. I enjoyed working with them.

    Cons

    Job opportunities are limited. Most of the assignment are shared between insiders.

    Advice to ManagementAdvice

    Enable more opportunities for outsiders. Attract people with innovative way of thinking.

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    International and multi-cultural work environment.

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Opportunity to work in an international environment, good work life balance.

    Cons

    Very Bureaucratic system. Nothing like working in a fast paced environment like in the private sector so prepare your mind to work at a much slower pace.

  10.  

    interesting work; bureaucracy in decline

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Lead Economist  in  Washington, DC (US)
    Former Employee - Lead Economist in Washington, DC (US)

    Pros

    The work is intrinsically interesting. Good access, interesting travel. and good perks, including salary, medical, retirement. bright people--diverse workforce.

    Cons

    business model needs a complete overhaul. takes forever to get things done. very political organization. reorganization underway is making the situation worse, not better.

    Advice to ManagementAdvice

    streamline processes. stop making stupid, bureaucratic rules, and focus on results, not process. you are losing your edge as a competitive, interesting place to work, and will not attract best staff going forward.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11.  

    Horrendous bureaucracy. Politics, patronage and cronyism rule hiring and rewards; OK if you have a decent manager.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst  in  Washington, DC (US)
    Current Employee - Analyst in Washington, DC (US)

    Pros

    Possibility of rewarding work, diversity, educated and sometimes very skilled colleagues.

    Cons

    Patronage, cronyism, inequality of opportunity for Americans vs most others.

    Advice to ManagementAdvice

    Retoric surrounding recent changes does not seem to be a reality; siloing and other negative behaviors springing from managerial short-term self interest are being reinforced rather than reduced; more differentiated salaries and rewards will strengthen patronage and cronyism. especially among newly entrenched mafias, which have multiplied. Invest in systems! Current cost-cutting trend vis-a-vis management systems will only multiply use of outmoded, error-prone spreadsheet work and ad-hoc local solutions to gaps in systems.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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