Inter-American Development Bank Reviews | Glassdoor.co.uk

Inter-American Development Bank Reviews

Updated 15 Aug 2019

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Found 220 reviews

3.6
StarStarStarStarStar
Rating TrendsRating Trends
73%
Recommend to a Friend
88%
Approve of CEO
Inter-American Development Bank CEO Luis Alberto Moreno
Luis Alberto Moreno
86 Ratings
Pros
  • "learning opportunities, mentoring, good work life balance(in 43 reviews)

  • "Great institution for development finance in Latin America(in 36 reviews)

Cons
  • "Very difficult if not impossible to get an interesting staff position (employment with benefits) under the age of 35-40(in 21 reviews)

  • "I worked at the IDB for four years and I didn't have maternity leave(in 16 reviews)

More Pros and Cons
  1. "Great experience!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Inter-American Development Bank full-time

    Pros

    Super impactful work at the leading development Bank in LAC

    Cons

    Bureaucracy slows things down, must be able to navigate in a political environment

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    Inter-American Development Bank2016-12-01
  2. "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 

    I worked at Inter-American Development Bank

    Pros

    Professional environment and multicultural

    Cons

    Salary should be improved at country offices

    Continue reading
    Inter-American Development Bank2017-05-30
  3. "Consultant"

    StarStarStarStarStar
    Former Employee - Anonymous Employee 

    I worked at Inter-American Development Bank

    Pros

    Paid leave above US standard

    Cons

    Temporary Contracts with break in clauses

    Continue reading
    Inter-American Development Bank2015-10-16
  4. "Good place to work"

    StarStarStarStarStar
    Current Employee - Operations Consultant 

    I have been working at Inter-American Development Bank full-time

    Pros

    Work schedule, learning experience, enviroment

    Cons

    no benefits, no pension, no sick leave

    Continue reading
    Inter-American Development Bank2019-08-07
  5. "Good learning experience"

    StarStarStarStarStar
    Former Employee - Consultant 
    Recommends
    Positive Outlook
    No Opinion of CEO

    I worked at Inter-American Development Bank

    Pros

    Great team collaboration and communication. Meaningful work that you could be proud of.

    Cons

    Uncertainty around yearly contract renewals.

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    Inter-American Development Bank2019-07-19
  6. "No responsibility but a lot of learning"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Research Fellow in Washington, DC
    Neutral Outlook
    No Opinion of CEO

    I have been working at Inter-American Development Bank full-time for more than a year

    Pros

    learning opportunities, mentoring, good work life balance

    Cons

    No growth opportunities, little training, no career development

    Continue reading
    Inter-American Development Bank2019-05-23
  7. "Salary"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 

    I worked at Inter-American Development Bank full-time

    Pros

    Possibility to work in many countries, good salary.

    Cons

    Need networking to grow up in the organiztion

    Continue reading
    Inter-American Development Bank2019-06-02
  8. "Good Company for LATAM"

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

    I have been working at Inter-American Development Bank full-time for more than a year

    Pros

    Knowledge Work Life Balance Project Level experience Salary

    Cons

    Difficult to promote Young people face challenges

    Continue reading
    Inter-American Development Bank2019-05-19
  9. "Exec"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Director in Washington, DC
    Recommends
    Positive Outlook

    I worked at Inter-American Development Bank full-time for more than 3 years

    Pros

    Very Smart staff; great benefits

    Cons

    Slow buracratic disjointed, always in transition

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    Inter-American Development Bank2019-04-30
  10. Helpful (5)

    "Don't accept a job offer for consultant positions"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Washington, DC
    Doesn't Recommend
    No Opinion of CEO

    I worked at Inter-American Development Bank full-time for more than 3 years

    Pros

    Unfortunately, I don't have anything positive to add here.

    Cons

    I was hired as a consultant. At that time, I didn't have idea of the different types of contracts that the bank has. Basically, you will work as hard as the staff employees, but you will not have the same benefits and salaries. Consultants can work for a limited time and after that, if they do not get a staff position they need to return to their countries. I thought I could have a chance to get a staff position, but it is extremely hard. In many cases I saw that not the most qualify candidate was hired, the panel chose a person who had connections inside the bank. I worked at the IDB for four years and I didn't have maternity leave. Once I asked the HR if I get pregnant, what should I do, and they replied to me that I need to use my vacations. Now the policy has changed, but there is some maternity leave but make sure that you have good health insurance because hospitals in the U.S. are very expensive. Moreover, daycare can cost $2000,00 per month. Staff employees have sick and personal days. On the other hand, consultants do not have those benefits too. It is ridiculous that an organization that says that is improving lives in the LAC region does not care about their own employees. I felt like a white slave and stayed there because I needed the visa. This horrible experience made me feel anxious and with health problems. I was not the only one, many colleagues suffered that too. If you receive a job offer as a consultant, please compare it to staff salaries. A table can be found in the annual report (google IDB Annual report, I cannot add links here). The living costs in DC area are expensive so don’t come with your family to make ends meet. I would only recommend it for a single person at the beginning of the career to add an international experience to the resume.

    Continue reading
    Inter-American Development Bank2019-05-28
Found 220 reviews