There are newer employer reviews for The World Bank

 

Bureaucratic with a chance you'll get something done

  • 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

I worked at The World Bank as a contractor for more than 3 years

Pros

- Strong emphasis on field visits to better understand an area or meet the local population.
- Lots of Ph.Ds and very smart, driven people
- Not terribly difficult to transfer departments
- You have the opportunity to continue publishing
- If you need resources, you'll likely be able to find them
- TONS of events held at the Bank that keep you informed and aware of new ideas
- Cafeteria is one of the best in DC
- Beautiful buildings
- If you're foreign, you have a strong chance of being hired
- Organizational structure is very clear

Cons

- Good luck getting promoted outside of the normal promotion schedule based on time "served"
- Lack of focus in upper management. The Bank is a very top-down place where upper management is focused nearly exclusively on delivering a specific volume and financial value of projects.
- If you're American, you will receive worse benefits and salary than your foreign colleagues. It's still pretty good, so if you can stop yourself from comparing yourself to others, you'll be fine.
- Terrible calendar management - most due dates for things will be pushed off until nearly the end of the fiscal year (June/July)
- People over promise and under deliver
- If you're a non-senior consultant, you will very likely be treated as a second class citizen. The Bank was moving towards even more consultants when I left because they cost less than full-salaried employees. However, they are often used as pseudo-administrative assistants rather than the non-senior experts that they are.

Advice to ManagementAdvice

- Treat your younger consultants better. Give them more responsibility with a bit more direction.
- Promote people based on achievement rather than time served.
- Change the way you evaluate your success. Most things should be based on the success of a project, not whether it was simply completed and you could display it for your VP.

Recommends
Neutral Outlook
No opinion of CEO

294 Other Employee Reviews for The World Bank (View Most Recent)

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  1.  

    Tough to get in, especially if you're a US citizen, but amazing place to work.

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

    I have been working at The World Bank full-time for more than 8 years

    Pros

    International staff, committed to a great mission - ending poverty. Euro-style pay and leave benefits.

    Cons

    Quite political, sometimes quite resistant to change

    Advice to ManagementAdvice

    Keep stressing the vision and mission.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Good for experience - but unfair treatment between staff and short term consultants

    • 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

    I worked at The World Bank as a contractor for more than a year

    Pros

    great networking, great learning environment, cafeteria is awesome!

    Cons

    staff and short term consultants are like two different castes - short term consultants are used and then replaced in lieu of hiring a staff - many people get frustrated with the system and leave - those that stay usually do because of visa sponsorship

    Advice to ManagementAdvice

    end the abuse of consultants - if you give advice to the rest of the world on fair practices, you should practice it yourself

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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