The World Bank Reviews

Updated July 1, 2015
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300 Employee Reviews

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  1. Helpful (1)

    consultant

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

    I have been working at The World Bank

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Great work life balance. salaries are competitive.

    Cons

    A huge bureaucracy, very slow to get things done. The inequality between consultant and staff have largely corrupted the workplace. Its not possible to get promoted or move up in any way.


  2. Helpful (1)

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

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

    I have been working at The World Bank

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    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 Management

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


  3. Helpful (2)

    Consultant

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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

    Recommends
    Neutral Outlook
    Disapproves of CEO
    Recommends
    Neutral Outlook
    Disapproves of CEO

    Pros

    Interesting work and lots of smart people

    Cons

    As an STC, you have no rights


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  5. Not bad for a first job

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

    I have been working at The World Bank

    Pros

    Good work life balance, nice management

    Cons

    lack of opportunity for growth


  6. Helpful (2)

    External consultant for the World Bank

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

    I have been working at The World Bank

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    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 Management

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


  7. 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


  8. Helpful (1)

    Great place to make a difference

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    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 Management

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


  9. What you make of it

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

    I worked at The World Bank

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Opportunities, people, travel, international culture, progressive views, flexibility, adaptibility

    Cons

    Very large organization mired in complexity

    Advice to Management

    Less jadedness, more enthusiasm


  10. I can see how this may have been one of the best employers a few years back - unlike nowadays

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    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


  11. Helpful (2)

    Research department

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

    I worked at The World Bank full-time (More than a year)

    Recommends
    Negative Outlook
    Recommends
    Negative Outlook

    Pros

    The people there (for the most part) care deeply about the work they do, and you get lots of access to tools, data & policymakers.

    Cons

    There are some very brilliant folks in the research department, but a few duds as well, and duds seem to trend to management



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