The World Bank Employee Reviews about "no benefits"

Updated 11 Jan 2021

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4.1
88%
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90%
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The World Bank President David Malpass
David Malpass
100 Ratings
Pros
Cons
  • "Unless you are staff (which only economists or high executives are) you have virtually no benefits(in 72 reviews)

  • "Work life balance can be improved(in 56 reviews)

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Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

Reviews about "no benefits"

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  1. "Short-term consultant position"

    4.0
    Current Freelancer - Consultant in London, England, England

    I have been working at The World Bank

    Pros

    Flexibility, opportunity to work with different teams and projects at the Ban, remote work

    Cons

    Up to 150 work days in a fiscal year, no benefits, unpredictable whether there will be work

  2. Helpful (1)

    "Mixed experience, lot of nepotism"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends
    Neutral Outlook
    No Opinion of CEO

    I worked at The World Bank full-time

    Pros

    - Good experience if projects is near the top management

    Cons

    - Slow advancement in career - No benefits for contract-based employments - Arbitrarily deciding on salaries


  3. "Great for short term assignments, not great for long term consulting"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Contractor - Consultant 

    I have been working at The World Bank for more than 5 years

    Pros

    Super interesting work and the ability to work with a global team of very talented people who are passionate about their work. Ability to travel overseas for assignments and contribute to pressing g development challenges.

    Cons

    As a consultant, you get no benefits and it is very difficult to move into a full time role. Also, you are limited on the number of days you can work/bill but most junior consultants I know work much more than what they bill. It’s difficult to find other work outside of World Bank if you have a 150 day contract because there is a bit of an expectation that you are actually working 100% for World Bank.

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  4. "Pretty good though it can be a steep hill"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Contractor - Short-term Consultant (STC) in Washington, DC

    I have been working at The World Bank for more than a year

    Pros

    Remote work is doable. Good meaningful work.

    Cons

    No benefits for contractors. Even if you are "in", it is hard to get a staff position.

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  5. Helpful (1)

    "Not best for early years into your career"

    3.0
    Current Contractor - Consultant 

    I have been working at The World Bank for less than a year

    Pros

    Interesting projects, working with governments, economists, and international organizations

    Cons

    STCs can work for only 150 days in one FY, no benefits, no on-boarding process, WB turns a blind eye towards the issues faced by half of its workforce

  6. "Good flexible work, no benefits"

    4.0
    Former Contractor - World Bank Consultant in Washington, DC

    I worked at The World Bank

    Pros

    Good flexibility to work from home. Smart people. Diplomatic.

    Cons

    No benefits. Intense deadlines at times.

  7. "No benefits"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Contractor - Consultant 

    I have been working at The World Bank

    Pros

    Work environment is very diverse

    Cons

    No benefits and limited working hours for consultants

  8. "STC at World Bank"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Contractor - STC Consultant in Washington, DC
    Doesn't Recommend
    Negative Outlook

    I worked at The World Bank for more than 3 years

    Pros

    Good salary, US visa for non-US nationals - but maximum number of days to work per year. Interesting work.

    Cons

    No health insurance for consultants. There are people who are consultants for life - no benefits, no job security.

  9. "consultancy"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Senior Management
    Current Contractor - Consultant in Washington, DC

    I have been working at The World Bank for less than a year

    Pros

    environment, big portfolio, professionals, growth

    Cons

    no benefits as consultant, little work-life balance

  10. "Nice place to work"

    4.0
    Current Freelancer - Consultor 

    I have been working at The World Bank

    Pros

    Smart people, stimulating projects, dynamic, techcnical assistance and research analysis

    Cons

    Work demand, no benefits for consultants, short-term contracts.

Viewing 1 - 10 of 72 Reviews

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