IMF

  www.imf.org
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IMF Reviews

Updated Jul 18, 2014
All Employees Current Employees Only

3.8 77 reviews

86% Approve of the CEO

IMF Chairman and Managing Director Christine Lagarde

Christine Lagarde

(42 ratings)

79% of employees recommend this company to a friend

Review Highlights

Pros
  • And work-life balance is much better than Wall Street; 40 hours a week is typical(in 6 reviews)

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


Cons
  • No career mobility, terrible work life balance and the starting compensation is paltry(in 3 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)

20 Employee Reviews Back to all reviews
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    Excellent place to work.

    Anonymous Employee (Current Employee)

    ProsIntellectually rewarding. Great benefits. International.

    ConsUnclear employment framework. Governance issues.

    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  

    Excellent place for economists

    Senior Economist (Current Employee) Washington, DC

    ProsIt's a great place for macroeconomists to work; maybe the best, in fact. You will work with incredibly smart colleagues. It is a very collaborative environment. You get to influence the international macroeconomic policy debate. There is a lot of travel involved if that is your thing, or you can choose positions where not much travel is required. Thanks to its being a UN agency that has been run by Europeans, the expat benefits are excellent--tax-free salaries (NB: if you are a US citizen your pay is topped up so your after-tax income is the same as your colleagues; effectively the IMF pays your tax for you); education benefits (75% of tuition is covered, up to $24T per child); you can bring a nanny; generous leave (25-30 days a year plus holidays); maternity and paternity leave; it has fully-funded defined benefit pension (you can hardly find this anymore!). Job security is excellent; they effectively hire for life (downsides to this, see cons below). And work-life balance is much better than Wall Street; 40 hours a week is typical.

    ConsAs an international organization, it is prone to bureaucracy, although one consolation is that it is better-run than the World Bank across the street. It is a pretty flat organization so promotions tend to be slow; you should derive your satisfaction not from moving up, but from the variety of assignments available. No one gets fired, which is good for job security but it also means that poor performers are shuffled from one department to another instead of being fired.

    Advice to Senior ManagementWhile the IMF is a great place to work, its compensation and benefits package vis-a-vis academia and the private sector has been eroded over the past few years. If management wants to be able to attract and retain good economists, it should restore the competitiveness of its compensation and benefits package. Just as important, it should do more to differentiate compensation based on performance, rewarding good performers properly. Finally, it should make employment more flexible so it can get rid of poor performers.

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

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    Experience at the IMF

    Research Assistant (RAP) (Former Employee) Washington, DC

    ProsWork life balance, opportunities for growth, and desirable compensation

    Consi cant think of anything at the moment

    Yes, I would recommend this company to a friend

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
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    Great organization to work for but depends on your Dep.

    Research Analyst (Current Employee) Washington, DC

    Prosgreat benefit and pleasant work evironment. You will have a lot to learn from the smart economists

    ConsYour experiences is largely depend on which department/division you're in. If you are lucky to be in the important division (I mean many important projects in the division), you will have a lot to learn but it will significantly increase your OT as well..

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

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    Project Manager

    Project Manager (Former Employee) Washington, DC

    Pros-Great people. Everyone is friendly and it is about family. Find your niche and soar....the sky is the limit
    -Great learning environment and ability to move into positions and learn new technologies and subject areas.

    ConsNone. Treats everyone well and you are allowed to expand and grow as much as you are willing to put into it.

    Advice to Senior Managementnone

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

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    tough but great experience

    Economist (Current Employee) Washington, DC

    Prosyou learn new things every day, almost automatically. bright staff, highly motivated and driven. excellent salaries, lots of annual leave, great insurance.

    Conslimited career opportunities, great mass of of older staff, work day and night, incl weekends.

    Advice to Senior Managementchange incentive structure

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

     

    Analyst

    Anonymous Employee (Former Employee)

    ProsGood lifestyle, nice people and PhDs

    ConsLess exciting as investment banks

     

    Excellent

    Anonymous Employee (Current Employee)

    ProsSmart people, interesting assignments, exceptional work-life balance

    ConsMobility is a big issue

    Advice to Senior ManagementMake it a better place for younger people

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    It was a great experience working at the IMF.

    Data Management (Former Employee) Washington, DC

    ProsIt demonstrated the processes that countries endured to procure loans.

    ConsThere were no downsides working at the IMF.

    Advice to Senior ManagementHuman resources must increase the wages of the lower management because they accomplish most of the salient tasks.

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

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    1 person found this helpful  

    Very rewarding

    Deputy PM (Former Employee) Washington, DC

    ProsThe atmosphere at the Fund is one of constant professional challenge, never a dull moment. One has to be willing to be nimble and continue to grow as part of a very dedicated and committed group of professionals.

    ConsThe firing of people is a constant revolving door.

    Advice to Senior ManagementHappy employees are more productive employees. Fear is not conducive to self improvement, it only promotes self doubt and not efficiency.

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

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