The World Bank

  www.worldbank.org
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The World Bank Reviews

Updated August 18, 2014
Updated August 18, 2014
286 Reviews

3.5
286 Reviews
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The World Bank President Jim Yong Kim
Jim Yong Kim
94 Ratings

Review Highlights

Pros
  • Work life balance is great, together with the benefits and people (in 19 reviews)

  • The work environment differs greatly within the Bank (in 16 reviews)


Cons
  • Consultants comprise over 60% of the workforce at WBG headquarters, with no benefits or job security (in 13 reviews)

  • No benefits and little job security (in 10 reviews)

More Highlights

125 Employee Reviews Back to all reviews

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  1.  

    Good place for PhD students to get hands on experience.

    Former Employee - Short-term Consultant (STC)
    Former Employee - Short-term Consultant (STC)

    Pros

    Quite flexible schedule. It's a good start place for fresh graduates.

    Cons

    I don't have any complaints so far about the jobs that I've done with the Bank.

  2.  

    Overall a stimulating and rewarding place to work

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

    Pros

    Much of the job satisfaction derives from the fact that it's a mission-driven organization whose goal is to reduce poverty and raise the standard and quality of living in the poorest countries of the world. And, it is a stimulating intellectual environment - the multitude of issues that the institution works with alone makes it an interesting place to be. It's full of very smart people, very well educated, most of whom are genuinely engaged and care very much about fulfilling the organization's mission. Many, many opportunities to learn, super interesting colleagues, travel, a truly global environment, excellent benefits - maybe not as good as in the past but still in the top tier, including leave policies that model the Europeans more than the Americans.

    Cons

    One's experience here can vary considerably depending on who you're working with. I had almost without exception excellent managers who genuinely, actively supported my professional development. But I have colleagues and friends who didn't have such good fortune. Additionally, it relies excessively on short-term contractors and consultants, it is very difficult (or at least it was, at the time I left) to get a permanent, full-time position. There's also no getting around the fact that it's a bureaucracy, which all large organizations inevitably are, but this one perhaps more so than some corporations because it's literally political: the board of Executive Directors consists of representatives of the member countries, who meet not just once a quarter like many if not most corporate Boards, but rather twice a week in full committee. Geopolitics inevitably drives a fair amount of what happens here, but that's also partly why it's such an interesting and stimulating place to work.

    Recommends
    No opinion of CEO
  3.  

    It is a very diverse work environment that is open to growth and learning.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - IT Support Staff Level II  in  Washington, DC
    Current Employee - IT Support Staff Level II in Washington, DC

    Pros

    The Bank gives you opportunity to expand you knowledge in IT with training courses and forums.

    Cons

    There are times where there is nothing to do.

    Recommends
    Positive Outlook
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  5.  

    Top notch professionals, fulfilling work

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

    Pros

    The creme of the crop in terms of intellectuals. Great exposure to international affairs. Love the lectures, panels and love of learning at the Institution.

    Cons

    Internal politics, hierarchy and bureaucracy rule. Staff and consultants don't have equal benefits, treatment and opportunity which creates a rift and tension.

    Advice to ManagementAdvice

    Be transparent, get rid of managers with no people skills, communicate better with employees. Have fair hiring practices.

    Recommends
    Negative Outlook
    Disapproves of CEO
  6.  

    STC with Independent Evaluation Group

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

    Pros

    IEGCC team is great. People are very experienced, friendly, and supportive. I enjoyed working with them.

    Cons

    Job opportunities are limited. Most of the assignment are shared between insiders.

    Advice to ManagementAdvice

    Enable more opportunities for outsiders. Attract people with innovative way of thinking.

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    Noble mission, fulfilling job

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

    Pros

    noble mission, challenging and interesting work (help countries develop faster and move out of poverty), international environment (great multi cultureal experience), travel to interesting places, good work-life balance

    Cons

    There is too much bureaucracy compared to the private sector, and career growth is quite slow especially once you get to mid-level positions.

    Advice to ManagementAdvice

    Focus on your best people and add more discipline in the work, reduce red tape which constraint the value-adding work of staff, less politization especially when it comes to senior appointments.

    Recommends
    Neutral Outlook
  8.  

    Short Term Consultant

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

    Pros

    Working with intelligent, passionate people in development. The people you meet really want to make a difference in people's lives. You will make connections that will help your career for the rest of your life.

    Cons

    The perks could be better, especially for Short Term Consultants. It is very difficult to obtain any type of upward mobility. It is difficult to get staff jobs.

    Advice to ManagementAdvice

    They should definitely provide more perks for STCs. They work really hard.

    Recommends
    Neutral Outlook
    No opinion of CEO
  9. 1 person found this helpful  

    A great place to work.

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

    Pros

    I enjoy to meet people from all over the world every day. The diversity of staff is definitely a great advantage, especially for non-US citizens like me

    Cons

    Career progression is slower than in many other organizations of the same size. There's weak differentiation in pay for high performers and average.

    Recommends
    Positive Outlook
    No opinion of CEO
  10.  

    A wonderful place to work, though the impact is often hard to see

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

    Pros

    International, Intelligent colleagues, reasonable remuneration, interesting work, fantastic mission.

    Cons

    Difficult to see impact of work you do; not well designed for innovation.

    Recommends
    Positive Outlook
    No opinion of CEO
  11.  

    Diverse, but challenging

    • 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

    Pros

    Very multicultural staff so ideas are very diverse and varying. It is an intellectual stimulating environment. As an short-term employee, I had a strong ownership of the work I did.

    Cons

    It is bureaucratic. It is definitely faster than most government agencies, but there are still some bureaucratic. It definitely is demanding in terms of work so work schedule isn't always optimal.

    Advice to ManagementAdvice

    Make sure to not overwhelm employees with work.

    Recommends
    Neutral Outlook
    No opinion of CEO

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