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IMF Reviews

Updated February 25, 2015
Updated February 25, 2015
43 Reviews
4.0
43 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
IMF Chairman and Managing Director Christine Lagarde
Christine Lagarde
43 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

43 Employee Reviews Back to all Reviews

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  1. 1 person found this helpful  

    Top-Notch International Institution

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

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

    Pros

    There is a high level of professionalism here unlike anywhere I have worked before. The diversity of the staff alone goes a long way in enriching your experience not just as a professional but as a person, too.

    Cons

    There is a still large part of the old guard that is stuck in its old ways and a Board that doesn't fully reflect its membership.

    Advice to ManagementAdvice

    In general, work-life balance is excellent in that staff are allowed to telework and take flex days but unfortunately, this is not true across the board. In other words, some departments embrace aspects of good work-life balance but until Management fosters an environment in which all department heads embrace work-life balance, the silo mentality in some departments will remain.

    Recommends
    Positive Outlook
    No opinion of CEO
  2.  

    Pays well, but no career advancement for non-economist positions

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

    I worked at IMF

    Pros

    Great international environment. Tax exempt if you working there as a non-US citizen

    Cons

    Contracts for lower end non-Economist jobs are now being restructured--removing tenure and security.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  3.  

    It's a precious experience for the future career

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

    I worked at IMF

    Pros

    It's a precious experience for the future career,not too much work

    Cons

    general work everyday and good colleagues

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Diversity of culture and thought

    • 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 full-time

    Pros

    You can see and work with highly educated and talented people from across the globe - staff from 100+ countries.

    Diversity is highly valued and it is amazing how people work well together.

    Cons

    Career advancement is very slow. While the benefits are very good, pay increases are low and promotions are quite rare.

    Advice to ManagementAdvice

    Hiring and promotions vary widely from one department to other. Maintain consistent practices.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Research Assistant

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

    I worked at IMF full-time (more than 3 years)

    Pros

    Excellent benefits and pay scale.
    Very accommodating in terms of work/life balance (at least in the Research Department)

    Cons

    Very little room for advancement for research assistants.
    Tax allowances are not provided for contractual hire US citizens.
    Not all staff economists are as competent as one may hope.

    Advice to ManagementAdvice

    Provide tax allowances to US contractual hires as done for US staff.

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    Great Place to Work but Hard to Advance

    • 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 3 years)

    Pros

    International Environment and Coworkers, Great Benefits

    Cons

    Quotas, Hard to Advance, Sometimes bureaucratic,

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    Research Assistant (RAP)

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Contractor - Research Assistant (RAP) in Washington, DC
    Current Contractor - Research Assistant (RAP) in Washington, DC

    I have been working at IMF as a contractor (more than a year)

    Pros

    Work-life balance was the envy of my friends. Rarely had to work overtime. But this depends on the division and time of the year. 3 weeks+ of paid vacation days. You also got relocation and resettlement benefits when you join and when you leave, which was about 15k, in addition to your base salary. The people there were really nice and it's probably the most diverse workplace on earth (except for maybe the UN).

    Cons

    Work gets repetitive fast and you sometime feel like you're not getting credit for what you do.

    Advice to ManagementAdvice

    Find ways to get the RAs to work on different projects. Give them the opportunities to write papers etc. They really appreciate this.

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    IMF

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

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

    Pros

    Compensation, job content, lots of travel

    Cons

    Poor promotion, too much travel

    Recommends
    Positive Outlook
    No opinion of CEO
  10. 5 people found this helpful  

    Just being honest...

    • 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 a year)

    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 ManagementAdvice

    -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

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Access to decent Professional development trainings

    • 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 3 years)

    Pros

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

    Cons

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

    Recommends
    Positive Outlook
    Disapproves of CEO

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