The World Bank

www.worldbank.org

The World Bank Reviews

Updated January 21, 2015
Updated January 21, 2015
334 Reviews
3.5
334 Reviews
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The World Bank President Jim Yong Kim
Jim Yong Kim
112 Ratings

Review Highlights

Pros
  • Work life balance can be good if the travel schedule isn't too onerous (in 23 reviews)

  • Great internarional work environment and opportunities to travel (in 22 reviews)


Cons
  • no benefits, cannot work more than 150 days per year so many end up working for free (in 18 reviews)

  • The culture does not favor the growth of junior staff, especially short-term consultants (in 8 reviews)

More Highlights

Employee Reviews

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  1. 1 person found this helpful  

    Good place, with a lot of freedom in your job

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at The World Bank

    Pros

    Easy going people , good and caring management, good salary, good job title.

    Cons

    Lack of work plan, less innovation

    Advice to ManagementAdvice

    choose carefully for the people who you hire, by making better interviews.

    Recommends
    Positive Outlook
  2.  

    Challenging and exciting oportunities to help create public value mixed with bureaucratic and political frustration.

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

    I worked at The World Bank as a contractor (more than 10 years)

    Pros

    HIghly intelligent colleagues from all over the world, high degree of shared vision and intense commitment to work, fair and generous pay and benefits, opportunities to travel all over the world, incredibly engaging and rewarding task environment with smart, funny and competent people

    Cons

    Tendency to over analyze, excessive focus on formal analysis and written analyses; over time, single discipline (economics) has become too dominant. Institution attracts very strong egos who tend not to collaborate as much as they should. Unclear 'rules of the game' for promotion beyond
    having friends in the right places.

    Advice to ManagementAdvice

    Focus on the outcomes of lending activities -- not on the volume of lending.

    Recommends
    Neutral Outlook
  3.  

    Depends on the unit and a manager

    • 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

    Exposure to learning and opportunity to do innovative work

    Cons

    Little room for advancing and getting a permanent position

    Doesn't Recommend
    Negative Outlook
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  5. 2 people found this helpful  

    Amazing on many fronts; but it is a Governmental Institution.

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

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

    Pros

    Multi-cultural, inter-disciplinary staff which makes for some of the most engaging working environment. Good exposure to international development in many fields. Great opportunity to travel to developing countries in engaging ways. Many opportunities for career advancement only with the right (past or continuing) education - experience alone is not as valued. Great pay and benefits (even though they have decreased since the late 1990's)

    Cons

    If you are dedicated and hard working, the organization will quickly hone in on you and unload all the work not done by the less productive staff - then work-life balance is close to non-existent. The work can also be overwhelmingly about pushing papers (red tape).
    It is a huge bureaucracy run by bureaucrats and politicians; so despite good intentions from operational staff, the work is often slow, inefficient, and frustrating - some might argue incompetent.

    Recommends
    Neutral Outlook
  6.  

    giant bureaucracy- very project dependent

    • Comp & Benefits
    • Work/Life Balance
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

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

    Pros

    Very interesting projects and great access to the reality of policy making in the developing world. Smart and dedicated colleagues from all over the world. Generous benefits and salary.

    Cons

    Much of the usual bureaucratic nonsense that comes with working for a massive organization. opaque decision making by management and extremely tense office environment -although possibly that is due to the unique pressures and political posturing around the recent restructuring.

    Advice to ManagementAdvice

    communication. communication. communication.

    Recommends
    Negative Outlook
    No opinion of CEO
  7.  

    Beauracratic

    • 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

    Diverse workforce, international representation, good group

    Cons

    Limited mobility, highly political, limited promotions

    Advice to ManagementAdvice

    N/A

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Short-term Consultant - an onramp if you work for it

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

    I worked at The World Bank

    Pros

    Competitive salary, professional environment, interesting work

    Cons

    Shifting priorities, politics, lack of training opportunities

    Advice to ManagementAdvice

    Nurture and develop the talent you have

    Recommends
    Positive Outlook
    Approves of CEO
  9. 1 person found this helpful  

    Good entry experience

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

    I have been working at The World Bank full-time (more than a year)

    Pros

    Interesting work, exposure to foreign government and policy issues. Expands your world view.

    Cons

    Lower pay than private sector consulting. Harder progression for lower level staff. Technical skills are not as valued.

    Recommends
    Neutral Outlook
  10.  

    Infrastructure Specialist

    • 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

    Very Good work life balance

    Cons

    Relative low efficiency but that depends on the project/program

    Recommends
    Positive Outlook
  11.  

    Very happy with my position and my team

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

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

    Pros

    Working towards a goal that I full heartedly agree with

    Cons

    Work load and reliance on consultants

    Advice to ManagementAdvice

    treat consultants with more respect

    Recommends
    Positive Outlook

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