The World Bank Reviews

Updated March 30, 2015
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3.4
224 Reviews
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The World Bank President Jim Yong Kim
Jim Yong Kim
120 Ratings

224 Employee Reviews

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  1. 1 person found this helpful

    Great but aging institution; laughing the analyst program and young professional program

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

    I have been working at The World Bank

    Pros

    Lots of expertises across fields;
    Very good reputation
    The Bank know is focusing on introducing more benefit to STC

    Cons

    STCs can be very extreme; either too young or too old. The bank should have better strategy to retain young talents

    Advice to ManagementAdvice

    Benchmark STC program to similar programs in the industry ie multilateral developmental bank

    Recommends
    Positive Outlook
    Approves of CEO
  2. Good organization

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at The World Bank

    Pros

    An awesome experience and lots of knowledge gained over the years while interacting with a diverse group of people

    Cons

    hard to get promoted, politics

  3. Consultant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Short-term Consultant (STC) in Washington, DC
    Current Employee - Short-term Consultant (STC) in Washington, DC

    I have been working at The World Bank

    Pros

    Interesting work and lots of smart people

    Cons

    As an STC, you have no rights

    Recommends
    Neutral Outlook
    Disapproves of CEO
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  5. 1 person found this helpful

    External consultant for the World Bank

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

    I have been working at The World Bank

    Pros

    Consulting fees are decent, higher than EU, USAID and others. It is great working with very sharp, switched on people. Even as a consultant, you will have access to high level officials in the countries where you work, some of whom can actually make decisions! The work is usually fascinating and challenging and at a higher more strategic level than the trenches you must endure with USAID.

    Cons

    As a consultant, you are considered World Bank staff, but staff without most benefits. You are restricted from joining a vendor on other WB projects, even if that project is totally unrelated to current work. Too restrictive and nonsensical. The WB managers that one works for do not quite seem to know how best to work with consultants. The scopes of work are often unrealistic given the amount of time allocated, unless full information were available, which in emerging markets is almost never the case. In addition, if you are working on strategies, expectations as to whom in Government will implement the strategies is often very unrealistic and disconnected from reality.

    Advice to ManagementAdvice

    Design scopes of work that are based on the clients' capacity to implement, unless of course institutional capacity building is part of the scope.

    Doesn't Recommend
    Negative Outlook
  6. Great place to make a difference

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

    I have been working at The World Bank full-time (more than 10 years)

    Pros

    Decent salary, good benefits, very smart colleagues, many opportunities to change the world for the better, always intellectually challenging, interesting travel.

    Cons

    Bureaucratic, poor managers, crony promotion system, hard to advance.

    Advice to ManagementAdvice

    Improve employee value proposition, use a different approach for internal promotion.

    Recommends
    Neutral Outlook
    No opinion of CEO
  7. Tough place to be an STC

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Contractor - Short-term Consultant (STC) in Washington, DC
    Current Contractor - Short-term Consultant (STC) in Washington, DC

    I have been working at The World Bank as a contractor (more than a year)

    Pros

    International environment, great speakers and presentations

    Cons

    Cap of 150 days/year, hard to advance, no computer or workspace offered, no benefits, double taxation for US citizens

    Advice to ManagementAdvice

    Treat STCs who work as full-time staff more like full-time staff

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8. I can see how this may have been one of the best employers a few years back - unlike nowadays

    • 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 The World Bank full-time (more than 10 years)

    Pros

    Great opportunities for learning and professional development
    Challenging, exciting and fulfilling work in various countries
    Flexible lateral mobility in between regions and themes
    Good work-life balance

    Cons

    Difficult career path, further slowed down by ongoing "change process"
    No performance management whatsoever
    Innovation and client delivery models kept separate - not a culture to foster innovative solutions at the front line
    Continuous pressure for fundraising despite widespread operational underspending

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9. Worked as an intern in private sector development focusing on Africa. Enjoyed it greatly.

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

    I have been working at The World Bank

    Pros

    The team I worked on here was very results oriented. I was encouraged to work creatively and was rapidly assigned additional responsibility according to my ability to take it on. I was immediately able to make valuable contributions and have my work recognized.

    Cons

    I didn't personally experience many cons, though I heard about some. Typical cons I hear are that it is hard to get a staff job, and that things can be overly bureaucratic. My unit was not overly bureaucratic.

    Advice to ManagementAdvice

    Compensation could be improved for entry level workers to make more competitive with private sector opportunities. Also, benefits for consultants could be better. For example access to the gym would be appreciated.

    Recommends
    Positive Outlook
    Approves of CEO
  10. The Bank is a very exciting place to Work but Managing to move up in The organization can be tough.

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

    I have been working at The World Bank

    Pros

    The satisfaction of seeing developing countries innovate or implement new strategies is very rewarding.

    Cons

    Does not want permanent employees but getting part time contracts and policies that do not allow continuation of tasks.

    Advice to ManagementAdvice

    The rotation of upper management is good but not often practiced. Also tasks are constantly redistributed to other task team leaders unnecessarily which is hard to see fruits of project preparation vs completion.

    Recommends
    Neutral Outlook
    No opinion of CEO
  11. My experience

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

    I have been working at The World Bank

    Pros

    Diversity of staff; number of office locations

    Cons

    personal growth and work-life balance

    Advice to ManagementAdvice

    Focus on the science of motivation, rather than dollars and cents

    Neutral Outlook
    Disapproves of CEO

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