World Economic Forum Reviews

Updated 18 Jan 2021

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3.0
63%
Recommend to a Friend
59%
Approve of CEO
World Economic Forum Founder & Executive Chairman Klaus Schwab
Klaus Schwab
81 Ratings
Pros
Cons
  • "everything has to follow the chairman, chaotic internal response to covid(in 10 reviews)

  • "Overqualified stuff hired for menial jobs (high turnover)(in 8 reviews)

More Pros and Cons
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
  1. Helpful (3)

    "Amazing exposure"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends

    I worked at World Economic Forum full-time

    Pros

    Incredible access to bright, top level thinks internally and externally. Amazing travel opportunities.

    Cons

    Bureaucratic, admin required on every level.

  2. "Good opportunities, strange culture"

    3.0
    Former Employee - Associate Director 

    I worked at World Economic Forum full-time

    Pros

    I worked with some great people

    Cons

    It was very personality driven


  3. Helpful (8)

    "Toxic environment, poor management"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous 
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at World Economic Forum full-time

    Pros

    Beautiful office and great view

    Cons

    -Extremely poor management -Lack of leadership -Very aggressive and competitive environment that leads to fear, shame, blame -Numerous employees leave after 1-2 years with low self esteem/ confidence

  4. Helpful (3)

    "Great visibility and networking opportunities."

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     
    Negative Outlook

    I have been working at World Economic Forum

    Pros

    - Decent work life balance - Travel opportunities - Networking Opportunities

    Cons

    - Lack of career development opportunities - No sense of direction or strategic vision - Poor work environment (many demotivated colleagues)

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  5. Helpful (1)

    "Learning platform"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Manager 
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at World Economic Forum full-time for more than a year

    Pros

    good source of information, interesting profiles

    Cons

    superficial attitude towards the real issues, focus mainly on cash generation

  6. Helpful (6)

    "World Economic Forum"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at World Economic Forum full-time

    Pros

    -Great work variety in terms of tasks and projects -Very smart and dedicated people -Young and dynamic workforce -Great work environment

    Cons

    -Managerial positions are partially taken by people who have no experience managing people -Turnover rate is high and more work needs to be done to retain people, provide training and enable growth within the company -Changes in the overall strategic direction/ focus of the company change very quickly and at least once a year. -Hiring processes take a long time, contract renewal can come down to last minute. -Culture and values should be developed further

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  7. Helpful (16)

    "Great people at the bottom and middle, terrible "leadership""

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at World Economic Forum full-time for more than 3 years

    Pros

    - Beautiful working environment, especially at HQ in Geneva - Some wonderful, motivated and interesting people in lower and middle-positions - Travel to some amazing places - Ability to meet world leaders in a variety of fields - If you play your cards right or go in with specific objectives, this can help your career

    Cons

    - Climate of fear around the omnipotent chairman/founder, whose decisions are never questioned, even when (as is increasingly the after 4 decades in power) they make no sense - Frequent bullying of junior staff by the upper ranks - Heavy on bullshit-jargon that masks needlessly complicated processes or toothless initiatives - Constant self-reinvention (in theory only, this is purely the Emperor's New Clothes) creates unnecessary stress, malignant competition and fiefs - Managing Board members are either coasting and uninvolved or actively incompetent - Actions do not match expressed values (such as gender parity or ethnic representation, neither of which are on display in the upper ranks) - Small coterie of unqualified old-timers who create blockage - Job descriptions are often extremely misleading: overqualified staff hired for menial jobs which leads to high turnover - Little room to grow - Internal leadership program (Global Leadership Fellows) is a waste of time

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  8. Helpful (3)

    "Global Shaper experience"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     
    Doesn't Recommend
    Neutral Outlook

    I have been working at World Economic Forum

    Pros

    Amazing opportunity to network, a great chance to make friends, no real office culture outside of meeting with curator and other team members.

    Cons

    Activity of each hub is highly dependent on the nature and zeal of the curator, if there is low group chemistry or an inability for 'shapers' to work together this can lead to a stagnation of action.

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  9. "Challenging and innovative"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Project Specialist in Geneva
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at World Economic Forum full-time

    Pros

    Fast passed, innovative, entrepreneurial, great for people with a go get it attitude. If you have a good idea, chances are you can make it happen. Some nice benefits (health, fitness, nice offices, shuttle bus) Since COVID it has softened and become much more employee focused.

    Cons

    Bureaucratic, sometimes very hectic, long hours. Business (rather than people) focused

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  10. "Great experience"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Geneva
    Recommends
    Approves of CEO

    I have been working at World Economic Forum full-time for more than 5 years

    Pros

    international, inspiring, work life balance, interesting colleagues, entrepreneurial

    Cons

    lots of ambiguity and change, processes not clear

    Continue reading
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