The World Bank
3.7 of 5 272 reviews
www.worldbank.org Washington, DC 5000+ Employees

The World Bank Reviews

Updated Jun 29, 2014
All Employees Current Employees Only

3.7 272 reviews

                             

85% Approve of the CEO

The World Bank President Jim Yong Kim

Jim Yong Kim

(91 ratings)

81% of employees recommend this company to a friend
68 Employee Reviews Back to all reviews
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    Mixed experience - varies very much with the unit/team

    Program Officer (Current Employee)
    Washington, DC

    ProsThere are very good teams, it is possible to actually balance work and life, international environment, lots of opportunities to learn, network and travel. A great mission and good culture.

    ConsThere are units/teams you really don't want to work with. Bureaucracy can be a killer of creativity, innovation and motivation. Limited career opportunities.

    Advice to Senior ManagementMake life better for everyone improving HR practices and IT systems! Consider attracting younger talents to the organization.

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

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    Great high level perspective of international development, but challenge to navigate bureaucracy

    Short Term Consultant (STC) (Current Employee)
    Washington, DC

    Prosunderstand how large multi-lateral institution and national governments work in the international development space

    Consworking as an STC comes with many challenges, including: lack of job security, lack of recognition of consultants, dealing with bureaucratic barriers

    Yes, I would recommend this company to a friend

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    Nice environment of work

    Consultant (Current Employee)
    Washington, DC

    ProsMulticultural environment, the topics are variety and this is the right place to learn about activities of development organizations.

    ConsManagement is not always fair and your evaluation is too subjective. Your advancement depends therefore less of your performance and your dedication but more than the willingness of your boss.

    Advice to Senior ManagementWork-life balance is well promoted and championed in that institution.

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

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    STC

    Short-term Consultant (STC) (Current Employee)
    Washington, DC

    Prosgreat place to work, great learning experience for someone willing to learn, good pay

    Consslim chances of getting a permanent position, hierarchical, high chances of manipulation if not careful

    Advice to Senior Managementtry and be more open in hiring of long-term positions. Often, candidates are already identified1

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

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    The World Bank is a great place to work, when you are at a senior level.

    Short-term Consultant (STC) (Current Employee)
    Washington, DC

    ProsContinuous learning. interesting projects, travelling

    ConsNo benefits for consultants. Consultants are supossed to be hired to deliver an specific task (like a report, or certain analysis) but in most cases, they end up doing the same job a full time employee does, without any of the WB benefits for staff.

    Advice to Senior ManagementImprove your consultants system

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    Experience depends on your team

    Extended Term Consultant (Current Employee)
    Washington, DC

    ProsGood exposure to international development issues, very smart people, a lot of learning events

    ConsHierarchical, bureaucratic difficult to get exposure. Experience depends a lot on your team leader, if she/he is the bureaucratic type...good luck.

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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    1 person found this helpful  

    An Interesting Place, Going Through Interesting Changes

    Short-term Consultant (STC) (Former Employee)
    Washington, DC

    ProsFor consultants: building your own schedule, management trusts you with payment requests, sense of independence, working at own pace (depending on departments)

    ConsConsultants are not incorporated into teams at times, do not have benefits, and there are no checks and balances if someone is mistreated at work.

    Advice to Senior ManagementThe Bank appears to be an old boys club, which somehow prides itself on being at the forefront of new technology. HOWEVER, if you want to move forward, you need have incentives for younger people with fresh ideas, to work there. No benefits and temporary assignments are not the way to build longevity. Also, for publications, expand target audiences. (Not everyone who cares about poverty, is a 53 year old man).

    No, I would not recommend this company to a friend

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    Focuses heavily on education.

    Anonymous Employee (Current Employee)
    Washington, DC

    ProsVery good benefits (although that may change with the New Bank come July 1, 2014), depending on the department/unit you are in you will find many forward thinking and positive people. Can be a challenging but rewarding environment.

    ConsAll depends on where you end up working. There are still many from the "old boys' club" which can make for a frustrating work environment that is more concerned about hierarchy then getting the job done.

    Advice to Senior ManagementChanges should make for a better work environment with more forward thinking individuals and fewer people who are promoted in order to move them out their current positions where they are not effective.

    Yes, I would recommend this company to a friend

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    IT in flux

    IT Contractor (Current Employee)
    Washington, DC

    ProsThere are alot of opportunities at the World Bank for IT staff, with a wide range of skill sets needed.

    ConsThe Bank is currently in the middle of a large restructure within the IT department, and it would be best to wait until the restructure is complete before trying to seek employment there. Perhaps in another 6 months or so.

    Advice to Senior ManagementRemove restrictions on the IT contractors. Assets are being wasted because of employment restriction and change of contractor companies

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

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    Mixed experience

    JPO (Current Employee)
    Washington, DC

    ProsGreat insights
    - into the development world
    - the functioning of a large bureaucracy
    - global power dynamics.

    The work environment differs greatly within the Bank. I was lucky, but saw many others stuck in a dead end.

    ConsThe organization has constantly been downsizing and reorganizing. In combination with permanent budget constraints, and the abolishment of permanent contracts, this creates a lot of job uncertainty

    Strict hierarchies makes it sometimes hard to progress.

    Politically motivated decisions (including hiring and the allocation of funds to units).

    It is an interesting place for a few years, but does not offer long term career prospects.

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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