The World Bank Careers | Glassdoor

The World Bank Careers

Washington, DC
10000+ employees
1945
Nonprofit Organization
Lending
$5 to $10 billion (USD) per year
The World Bank is a vital source of financial and technical assistance to developing countries around the world. We are not a bank in the ordinary sense but a unique partnership to reduce poverty and support development. The World Bank Group comprises five institutions managed ... Read more

Mission: The World Bank is a vital source of financial and technical assistance to developing countries around the world. We are not a bank in the ordinary sense but a unique partnership to reduce poverty and support development. The World Bank Group comprises five institutions managed ... Read more

The World Bank Video

Provided by employer [?]

The World Bank – Why Work With Us?


The past 70 years have seen major changes in the world economy.  Over that time, the World Bank Group—the world’s largest development institution—has worked to help more than 100 developing countries and countries in transition adjust to these changes by offering loans and tailored knowledge and advice. The Bank Group works with country governments, the private sector, civil society organizations, regional development banks, think tanks, and other international  institutions on issues ranging from climate change, conflict, and food security to education, agriculture, finance, and trade. All of these efforts support the Bank Group’s twin goals of ending extreme poverty by 2030 and boosting shared prosperity of the poorest 40 percent of the population in all countries. 

Founded in 1944, the International Bank for Reconstruction and Development—soon called the World Bank—has expanded to a closely associated group of five development institutions.  Originally, its loans helped rebuild countries devastated by World War II.  In time, the focus shifted from reconstruction to development, with a heavy emphasis on infrastructure such as dams, electrical grids, irrigation systems, and roads.  With the founding of the International Finance Corporation in 1956, the institution became able to lend to private companies and financial institutions in developing countries.  And the founding of the International Development Association in 1960 put greater emphasis on the poorest countries, part of a steady shift toward the eradication of poverty becoming the Bank Group’s primary goal.  The subsequent launch of the International Centre for Settlement of Investment Disputes and the Multilateral Investment Guarantee Agency further rounded out the Bank Group’s ability to connect global financial resources to the needs of developing countries. 

Today the Bank Group’s work touches nearly every sector that is important to fighting poverty, supporting economic growth, and ensuring sustainable gains in the quality of people’s lives in developing countries.  While sound project selection and design remain paramount, the Bank Group recognizes a wide range of factors that are critical to success—effective institutions, sound policies, continuous learning through evaluation and knowledge-sharing, and partnership, including with the private sector.  The Bank Group has long-standing relationships with more than 180 member countries, and it taps these to address development challenges that are increasingly global.  On critical issues like climate change, pandemics, and forced migration, the Bank Group plays a leading role because it is able to convene discussion among its country members and a wide array of partners.  It can help address crises while building the foundations for longer-term, sustainable development.

The evolution of the Bank Group has also been reflected in the diversity of its multidisciplinary staff, who include economists, public policy experts, sector experts, and social scientists, based at headquarters in Washington, D.C., and in the field.  Today, more than a third of staff are based in country offices. 

As demand for its services has increased over time, the Bank Group has risen to meet them. For perspective, the World Bank made four loans totaling $497 million in 1947, as compared to 302 commitments totaling $60 billion in 2015.

WORK WITH US

We recognize that poverty has no borders. Neither does excellence. We are continually in search of the brightest, most talented individuals from around the globe.

The World Bank Group's recruitment policy is to hire staff of the highest caliber, on as wide a geographical basis as possible, with preference to nationals of WBG member countries or countries of operations.

Our core values articulate what we care about most. They guide how we work with each other, with our clients, and our partners. And most importantly, they help us become a better Bank Group for the poorest people around the world.

  • IMPACT – We help our clients solve their greatest development challenges.
  • INTEGRITY – We do what is right.
  • RESPECT – We care for our people, our clients, our partners, and our planet.
  • TEAMWORK – We work together to achieve our goals.
  • INNOVATION – We learn and adapt to find better ways of doing things.

World Bank Group staff work with governments, civil society groups, the private sector and others in developing countries around the world, assisting people in all areas of development, from policy and strategic advice to the identification, preparation, appraisal and supervision of development projects.

Why you should work at the World Bank

We recognize that poverty has no borders. Neither does excellence. So we are continually in search of the brightest, most talented individuals from around the globe. And we are proud to employ a dedicated and committed workforce that is diverse in gender, nationality and ethnic background.

Bank staff work with governments, civil society groups, the private sector and others in developing countries around the world, assisting people in all areas of development, from policy and strategic advice to the identification, preparation, appraisal and supervision of development projects.

Build a career that is truly worthwhile with the World Bank, the world’s leading international development organization.

If you decide to work at the World Bank, you can:

  • Have a real impact on poverty reduction
  • Fight poverty in all of its dimensions. Ending poverty is at the core of the World Bank’s work
  • Work closely with governments to develop policies that can improve the lives of poor people, and access social and infrastructure services and good jobs
  • Have a global career with global reach
  • Work with a truly diverse group
  • Work in teams to bring sustainable solutions to our clients

As an institution:

  • We believe that seeing things from different viewpoints is an important skill. Our commitment to understanding work styles, values, and communication approaches of the people we interact with, allows us to build that skill
  • We embrace diversity and look for ways to become more inclusive because diversity has the potential to yield greater work productivity and competitive advantages
  • At the WBG we believe in a synergistic way of working; the sum is greater than the parts
  • Our outstanding workforce is key to WBG as the world’s leading international development organization

The World Bank Group offers competitive salaries and benefits to match a compelling career choice. Salaries are internationally competitive and based upon education qualifications and professional experience.

Health, Life, Accident, and Other Insurance Programs

Headquarters-recruited staff and their eligible family members (including domestic partners) may choose from three comprehensive medical/dental benefit plans, with no pre-existing condition exclusions if enrollment is made within 60 days of entry-on-duty. Staff members recruited to a Country Office are eligible for a comprehensive medical/dental benefits plan for themselves and eligible family members, including domestic partners.

The World Bank Group provides basic life and accident insurance to all staff at no cost. Headquarters-recruited staff can elect additional life and accident insurance coverage at their own expense.

Disability and worker's compensation coverage is provided to all staff at no cost.

Pension Plan

The World Bank Group sponsors a comprehensive pension plan for all staff. Staff and the World Bank Group make contributions toward a pension that is used upon retirement.

Relocation, Resettlement, and Expatriate Benefits

For staff appointed to positions subject to international recruitment, the World Bank Group pays relocation benefits upon appointment and resettlement benefits upon end of employment. The World Bank also pays a mobility premium to eligible expatriate staff appointed to positions at headquarters subject to international recruitment, with eligibility based on nationality and visa/residency status in the appointment duty station. (Staff members appointed to non-headquarters positions subject to international recruitment may be eligible for other expatriate benefits.)

Paid Leave

New staff receive 26 days of annual leave and 15 days of sick leave per year, accrued daily.

Work/Life Balance

The WBG makes an effort to help staff achieve balance in their work and personal lives.

The Bank strives to offer flexible work arrangements to provide a better work/life balance for staff. Some of the programs that are offered include telecommuting, alternate and reduced work schedules, flextime, job sharing and home-based work. These arrangements are based on the discretion of the hiring manager, the business needs of the institution, and the specifics of each individual.

In addition, the Bank headquarters offers other services to assist in achieving work/life balance:

Health Services Department: An on-site Health Services Department provides consultation and treatment for minor ailments or injuries during the work day and clinical services related to work assignments (such as pre-employment evaluations and travel medicine), as well as preventive care services. The department has a Health Promotion Program offering a wide range of ongoing programs and scheduled activities to encourage good health habits for staff and families.

Fitness Center: The Bank’s fitness center is fully supplied with state-of-the-art exercise equipment, locker rooms, showers, saunas, and exercise studios to promote and maintain the good health, morale, and productivity of staff.

Child Care: The World Bank Group recognizes that for many staff quality child care is a high priority. Our Children’s Center provides high quality services in this area. In addition, backup child care is available to staff members who need emergency or temporary child care.

Lactation Room: Rooms for nursing mothers are available in a number of World Bank Group offices.

World Bank Group Statement of Commitment to Diversity and Inclusion

As a global organization that has embraced the twin goals of ending extreme poverty and boosting shared prosperity, we are committed to fostering and strengthening diversity and inclusion in both our work and our workplace. We are committed to a workplace where everyone is valued, where differences are respected and celebrated, and where opportunity and equitable treatment is afforded to all. Ensuring diversity is integrated into our daily work means creating a culture and practices that recognize, value and harness what makes every individual unique in the broader sense, by acknowledging and respecting differences including nationality, gender and gender identity, race, religion, ethnicity, age, sexual orientation, disability, and educational background. Beyond the moral imperative, empowering others and respecting differences is much more than part of our institution’s core values: It makes good business sense on three key fronts. First, a diverse staff mirrors the diversity of the clients we serve and the partners we work alongside in more than 180 member countries around the world, and that reflection is key to our credibility as an institution seeking equity and opportunity for all. Second, it has been demonstrated that a diverse staff stimulates the creativity and innovation our clients expect, drawn from the collective energy of individual experience, knowledge and perspectives. Third, as the world’s leading development organization, a diverse staff also allows us to attract, retain and grow the finest talent from the broadest span of different backgrounds possible. In short, if we succeed in leveraging the diversity of our talent, then the solutions that we offer--through our projects, programs and assistance--are those that will meet our clients' development goals. An inclusive work environment is one where staff are enabled to meet their full potential and do not experience stigma or intolerance. We are committed to ensuring that all staff feel valued as employees of the World Bank Group and that they are assured of equitable and respectful treatment throughout their careers. We are committed to upholding our zero-tolerance policy for any form of discrimination. If we aim to be the employer of choice in development and to offer staff a work environment that is characterized by openness, trust, respect, creativity, motivation and innovation, we must ensure that our institution is one where diversity and inclusion are embedded in all that we do.

The Bank Group's recruitment policy is to hire staff of the highest caliber, on as wide a geographical basis as possible, with preference to nationals of WBG member countries or countries of operations.

The World Bank Reviews

  • "great"

    StarStarStarStarStar
    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 part-time

    Pros

    knowledge acquisition is just fantastic

    Cons

    no clear path for promotion

See All 1,572 Reviews

The World Bank Photos

The World Bank photo of: Washington DC - World Bank Headquarters (Photo thanks to Flickr user thisisbossi, available under by-sa v2.0)
The World Bank photo of: Washington Office
The World Bank photo of: World Bank Trade Office
The World Bank photo of: WB
The World Bank photo of: WB building
The World Bank photo of: A night photo of the World Bank's Main Campus building (Photo Credit: Fabio Krishna Periera)
See All PhotosSee All

The World Bank Interviews

Experience

Experience
69%
19%
12%

Getting an Interview

Getting an Interview
54%
21%
9%
8
4
3
1

Difficulty

3.0
Average

Difficulty

Hard
Average
Easy
  1. Helpful (2)  

    Research Assistant Interview

    Anonymous Interview Candidate
    No Offer
    Negative Experience
    Difficult Interview

    Application

    I applied online. I interviewed at The World Bank.

    Interview

    Submitted application via email after which I received a request for a phone interview to discuss strengths. The questions were more technical than I expected. Did not have a chance to discuss my skills. The interviewer asked me some questions about sampling and regression techniques. The next step was supposed to be a stata/R test.

    Interview Questions

See All 319 Interviews

The World Bank Awards & Accolades

  • National Top 50 Green Companies, Green Power Partnership, 2012
  • National Top 50 Green Companies, Green Power Partnership, 2010

Work at The World Bank? Share Your Experiences

The World Bank
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or