IMF

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  www.imf.org

IMF Reviews

Updated August 15, 2014
Updated August 15, 2014
90 Reviews
3.9
90 Reviews
Rating Trends

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IMF Chairman and Managing Director Christine Lagarde
Christine Lagarde
51 Ratings

Review Highlights

Pros
  • And work-life balance is much better than Wall Street; 40 hours a week is typical (in 9 reviews)

  • Good pay and benefits, travel with many jobs, intellectual stimulation (in 5 reviews)


Cons
  • Work/Life balance was a challenge during busy periods (in 5 reviews)

  • Staff are overqualified for what they do and very low turnover, so opportunities for career development and advancement are very limited (in 4 reviews)

More Highlights

9 Employee Reviews Back to all reviews

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  1. 2 people found this helpful  

    Great experience, terrible career development

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

    I worked at IMF full-time (more than 10 years)

    Pros

    If you join as a professional economist, it is a great place to gain experience. For support staff like office assistants, IT, research assistants, accountants, etc. there is almost a zero chance of professional growth and career advancement. Moreover, these days the IMF tends to hire many support staff on a contractual basis with hardly any job security. In my experience, the IMF is a political organization and advancement had more to do with your nationality and office politics than your merit. HR plays games and is obstructionist.

    Cons

    You grow old very fast--and very frustrated too.

    Advice to ManagementAdvice

    Improve transparency.

    Reduce politics from staff advancement which should be strictly on the basis of merit not nationality.

    Encourage good management.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    Less than stellar

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Staff Assistant in Washington, DC
    Current Employee - Staff Assistant in Washington, DC

    I have been working at IMF full-time (more than an year)

    Pros

    26 vacation days, 12 sick days, on-site gym for nominal fee, Compressed Work Schedule (CWS) option, effort toward a professional development curriculum

    Cons

    Heavily bureaucratic, not an organization where one comes in at entry level and moves anywhere other than entry level, contractual/American staff must file quarterly taxes and also are responsible in covering the Self Employment tax (about 5%).

    Doesn't Recommend
    Approves of CEO
  3. 2 people found this helpful  

    Interesting work, great colleagues, but overly bureaucratic and outdated procedures and HR rules bring everyone down

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

    I have been working at IMF full-time (more than 5 years)

    Pros

    Good benefits and salary. Work is not overly taxing.

    Cons

    Advancement in the organization has little to do with how well you perform your job functions. You either have to be in with the right people to move up, or wait your turn as departments are very constricted by HR rules when it comes to promotions and filling positions.

    Advice to ManagementAdvice

    Get rid of the archane HR rules that stifle talented people in the organization

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5.  

    Currently job hunting

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

    I have been working at IMF

    Pros

    Diverse staff and professional training opportunities

    Cons

    No career mobility, terrible work life balance and the starting compensation is paltry.

  6.  

    Pass on it...

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

    I worked at IMF

    Pros

    net salary - no taxes if PR or G-4
    nice locatioon

    Cons

    bureaucratic
    lots of formalities
    not fast-paced or interesting if you aren't an economist

    Advice to ManagementAdvice

    create a friendly culture with employees at all levels

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7. 3 people found this helpful  

    The truth

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

    I have been working at IMF full-time (more than 10 years)

    Pros

    Diverse employees
    Great office spaces
    Good benefits for everyone except American nationals
    Flexible working conditions

    Cons

    Promotion is non-existent.
    Without a vigilant and active staff member assisting the staff member with a career opportunity, there is no opportunity at all. Most of the staff are pigeoned holed. For US nationals, particularly people of color the work experience will be difficult.

    Advice to ManagementAdvice

    The rule of fairness needs to be applied in every department of the organization. Promotion fairness needs to be applied to everyone. Networks need to be obligated to include all staff.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Great place for the money and travel.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Washington, DC
    Current Employee - Anonymous Employee in Washington, DC

    I have been working at IMF

    Pros

    Great place for the VERY high pay (nowhere else in the world can you get paid like this and still have job security). Also great if you like to travel, especially if family and loved ones are abroad.

    Cons

    Get ready to suck up to your boss--and all potential future bosses. Forget about family life if you are in one of the high-travel jobs.

    Advice to ManagementAdvice

    Revamp promotion criteria.

    Disapproves of CEO
  9. 1 person found this helpful  

    Prepare to be institutionalized

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Media Relations Officer in Washington, DC
    Current Employee - Media Relations Officer in Washington, DC

    I have been working at IMF

    Pros

    Access to the UN system. Exposure to global economic issues. Working with a multi-cultural staff, in a family-friendly city. The benefits package is superb. The salaries are also pretty good, and there are plenty of opportunities to work with World Bank staff if you are proactive enough to make that happen.

    Cons

    Association with the US political-industrial complex. The stigma of working for the IMF will put off some employers after you finish working there. The stultifying, passive-aggressive, risk-averse corporate culture. There are promotion bottlenecks at every grade, and you'd better be prepared to conform with how people do things.

    Advice to ManagementAdvice

    Be clearer, be bolder, be more open, and more accountable. Treat staff like grown-ups.

    Doesn't Recommend
    Disapproves of CEO
  10.  

    only good for economist who don't want to think independently

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

    I have been working at IMF

    Pros

    training, travel, compensation,office space and services.

    Cons

    arrogance of staff and management.

    Advice to ManagementAdvice

    Time to think about what their real contribution to this world is.

    Doesn't Recommend
    Disapproves of CEO

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