IMF
3.9 of 5 75 reviews
www.imf.org Washington, DC 1000 to 5000 Employees

IMF Reviews

Updated Jul 7, 2014
All Employees Current Employees Only

3.9 75 reviews

                             

85% Approve of the CEO

IMF Chairman and Managing Director Christine Lagarde

Christine Lagarde

(41 ratings)

80% of employees recommend this company to a friend
34 Employee Reviews Back to all reviews
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    2 people found this helpful  

    Just being honest...

    Staff Assistant (Current Employee)
    Washington, DC

    Pros-Multicultural environment
    -Tons of learning/training opportunities
    -Great benefits

    Cons-No room for advancement when coming in at assistant level
    -Job responsibilities always changing so you may end up doing the work of senior officers, but remain compensated at your regular rate and when positions open for the job at which you have been taking responsibility for bureaucracy steps in and tells you you aren't qualified.
    -Ageism is a daily issue, not a very accommodating place of work for anyone outside of the Baby Boomers group (e.g. Gen X and Millennials)

    Advice to Senior Management-Increase opportunities for mobility for lower level staff!
    -Acknowledge that Gen Y is becoming the new face of the IMF and incorporate opportunities for them to contribute and be heard. End ageism.
    -Provide more transparency between staff/contractuals and management

    Yes, I would recommend this company to a friend

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    Access to decent Professional development trainings

    Staff Assistant (Current Employee)
    Washington, DC

    ProsGreat benefits, transportation perks, international culture, and training opportunities

    ConsContractual based, staff positions are limited. No much vertical movement.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Great

    Anonymous Employee (Former Employee)

    ProsGood experience in term of international finance

    ConsI dont see any cons, it was a good experience

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    Field Office IT Coordinator- Contractor

    Field Office Coordinator (Current Employee)
    Washington, DC

    ProsPay is pretty competitive for the same opportunity in other companies

    ConsLittle mobility within the company, Contractors are not treated as well as staff

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    3 people found this helpful  

    Great place to start but once you plateau, not much will change (for better or worse)

    Research Analyst (Current Employee)
    Washington, DC

    ProsThe IMF is a great name to have if you're interested in economics or macro. There may be no better place to learn the basics in an academic type multilateral environment; if that's what sounds appealing to you, look no further. However, with a BA, you'll probably end up leaving for grad school or somewhere else. If you enter with an MA, you'll eventually have to leave too for somewhere else. There are no long-term career options in my opinion. They basically kick you out after 4 years being a Research Analyst.

    The job takes 4-8 months to get used to (semi-steep learning curve) but once you're there it's fairly easy day-to-day. Economists are nice. Bosses are reasonable. No major demands, no overtime (for me). Boring infrequent social events. Can start working 9-10AM and leave around 5-6. No opportunity for travel (to go on missions) in my department, although others are better. You get some research experience/exposure, but I doubt they'll publish your name as an author unless you're really good and have been there a while. They'll probably thank you in a footnote or something.

    People in DC are impressed when you tell them you work here. It also offers flexibility in terms of how you can sell yourself for the next position: i.e., you can make convincing pitch for "I'm a quant guy", "I can do macro/econ" "I'm great in multilateral environment" "I'm meant to work in government" "My skills are relevant to Wall Street/private sector" "I'm a development professional" etc. You can really pivot in a lot of ways in your next interview, and sell the IMF experience however you want.

    Work is fairly independent. Things are done on teams in theory but really everyone works on their own on a minute by minute basis. Great opportunities for macro/econ/IT/statistical/econometric trainings for free. World class lectures on hardcore econ stuff.

    ConsNo long term career path, but hey I don't want to stay in DC anyway so not really complaining. Plus you should probably have a PhD or lots of work experience before you get hired as an economist. So don't expect this to happen after being a research analyst for 2-4 years although it is possible (and some people make the jump but they're very good).

    Advice to Senior ManagementTrain your economists on the countries they work on (politics, history, etc., not just econ). They often seem to see the countries as economic black boxes. The gap in knowledge seems to be significant in some cases, and you have to wonder whether they're able to make great policy decisions without it. (Although I suppose the low level economists are not calling the shots.)

    Yes, I would recommend this company to a friend

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    Great group of highly educated international employees

    Back Office Role (Former Employee)
    Washington, DC

    ProsLoved the multi-cultural aspects of the workplace. Great pay and benefits by US standards are routine by western European standards

    ConsFake deadlines and too much redoing of otehr people's work for those not dealing with economic crises in member countries, and often even in those circumstances there is a great deal of unnecessary flurrying around

    Advice to Senior ManagementMaintaining respect for the organization's role is paramount.. Staff need to understand and demonstrate their understanding of political realities of member countries, e.g., concessions requested of finance minister may not be possible without legislative involvement and assent. That can be very difficult to achieve

    Yes, I would recommend this company to a friend

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    very smart, diverse people, interesting work, but also very bureaucratic and risk-averse, top-down, hierarchical culture

    Anonymous Employee (Current Employee)

    ProsGood pay and benefits, travel with many jobs, intellectual stimulation

    ConsDifferential employment contracts create resentment among staff who do not have tenure.

    Advice to Senior ManagementThe top-down hierarchical structure stifles creativity. Let your talented people experiment with new ways to solve problems!

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Competitive Salary

    Economist (Current Employee)
    Washington, DC

    ProsGood experience to place on resume. Multicultural, working with people with good connections, good work environment.
    Good exposure to international macroeconomic issues, a lot of learning events.
    The benefits (when you get them) are great! No income tax.

    ConsNot enough opportunities for younger staff to advance and gain meaningful experience. Can take years to earn a permanent position. The slim chance of becoming staff from a contractor position.

    Advice to Senior ManagementStop drinking coffee.

    Yes, I would recommend this company to a friend

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    1 person found this helpful  

    Great place to work rich in cultural diversity.

    Anonymous Employee (Current Employee)

    ProsRespect of colleagues. Exposure to leading edge technologies. Ability to work remotely. Flexible work schedules. Good work ethics.

    ConsUnder staffed. Work load is extremely high. Salaries could be more competitive. Relationship with vendors could improve. Appearance of a cast system could be eliminated. Reward high performing people.

    Advice to Senior Managementwork on being more transparent and apply policies uniformly. improve collaboration across divisions

    – I'm optimistic about the outlook for this company

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    It's a good and exciting place to work in your 20s

    Staff Assistant (Current Employee)
    Washington, DC

    ProsDiverse work environment, intellectually stimulating events and generous benefits

    ConsVery short career ladder unless you're an economist

    Advice to Senior ManagementNeed more transparency in internal hiring procedures

    Yes, I would recommend this company to a friend

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Glassdoor is your free inside look at IMF reviews and ratings — including employee satisfaction and approval rating for IMF CEO Christine Lagarde. All 34 reviews posted anonymously by IMF employees.