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IMF Reviews

Updated September 8, 2017
19 reviews

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2.0
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IMF Chairman and Managing Director Christine Lagarde
Christine Lagarde
9 Ratings

19 Employee Reviews

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Pros
  • They take work-life balance seriously (in 25 reviews)

  • Great work-life balance, good work environment and benefits (in 20 reviews)

Cons
  • Low work flexibility, strictly rule based, poor work -life balance (in 8 reviews)

  • Dominated by Europeans, a lot of discrimination, you have to be part of networks to have career advancement (in 7 reviews)

More Pros and Cons

  1. "Bureaucratic"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at IMF full-time

    Pros

    Work-Life Balance, benefit is attractive

    Cons

    Bureaucratic, thus not very efficient


  2. Helpful (5)

    "IMF a great place to retire from"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at IMF full-time

    Pros

    Money, benefits and nothing else

    Cons

    Everything else, it is a culture of complacency and mediocrity, at best

    Advice to Management

    The IMF is a relic of the Cold War and no longer needed. They cannot forecast or predict anything (not like they ever could). For all of the conspiracy theories about the IMF, they are all false. The IMF does not control the world economy nor anything else, except to make people and the rest of the world believe that they actually can...The sad part is that they are like the Wizard from Oz, all smoke and mirrors but less entertaining...

  3. Helpful (4)

    "Terrible Place to Work - Low Morale"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Staff Assistant
    Current Employee - Staff Assistant
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at IMF full-time

    Pros

    You're at the IMF.

    Cons

    -Low morale
    -Low pay (gross pay for Americans)
    -Quarterly estimated tax payments (no help with this)
    -Virtually no upward mobility from the Staff Assistant track (You can become Senior Admin. Assistant. Yay!)

    Advice to Management

    -Invest in your employees and stop categorizing your employees as contractual vs. staff.


  4. Helpful (1)

    "Mixed experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Membership Coordinator in Washington, DC
    Former Employee - Membership Coordinator in Washington, DC
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at IMF (Less than a year)

    Pros

    Some people are very inspiring and smart, Have to look carefully. Oportunities available if you know how to find them.

    Cons

    Very bureaucratic organization. Most people on conratcts rather than full time. Takes a long time to get contracts approved.

    Advice to Management

    Get to know your team


  5. Helpful (2)

    "supporting staff"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Accounting Analyst in Potomac, MD
    Former Employee - Accounting Analyst in Potomac, MD
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at IMF (More than 3 years)

    Pros

    stable job environments and good benefits

    Cons

    no room for development; some middle level manager have been there for over 20 years with out-of-date technology; different treatment for contractors; very strong political environment


  6. Helpful (3)

    "Great benefits vs. limited career growth"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Washington, DC
    Current Employee - Anonymous Employee in Washington, DC
    Doesn't Recommend
    Neutral Outlook

    I have been working at IMF full-time (More than 5 years)

    Pros

    The IMF provides great benefits such as home leave allowance and education allowance for foreigners (G4 visa holders). The staff is very diverse. Organization offers an amazing Defined Benefit Pension plan to staff hired on term and open ended appointments. Term appointment = 3 years and option to be renewed for 3 more years. Open ended appointment = for life, you are only fired if you do a major screw up.

    Cons

    Best career opportunities are for economists while other professionals will encounter fewer opportunities for mobility, growth and promotion. HR rules are very rigid and even stellar performers will hit roadblocks and glass ceilings before getting rewarded (i.e., promotion) for their hard work. Newly hired staff is 3 to 6 years of probation and, at the end, few will be converted to open ended positions. The job security that comes with an open ended position affects people in different ways: some will become too comfortable with the security and lose interest in self development.


  7. "Creating a test Environment in Citrix and VMware for Production Team to test their applications."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Citrix Administrative in Washington, DC
    Current Contractor - Citrix Administrative in Washington, DC
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at IMF as a contractor (More than 5 years)

    Pros

    Creating a test Environment in Citrix and VMware for Production Team to test their applications.

    Cons

    •Expertise in building Windows 2000 ,2003 and Windows 2008 servers Array configurations, Diagnosing

    Advice to Management

    • Expertise in building Windows 2000 ,2003 and Windows 2008 servers Array configurations, Diagnosing

  8. Helpful (1)

    "Stingy"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Research Assistant in Washington, DC
    Former Employee - Research Assistant in Washington, DC
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at IMF full-time (More than a year)

    Pros

    Flexible hours, international culture, 26 days of annual leave, decent salary, good benefits, nice people,

    Cons

    Non-economists are pidgeon-holed from the outset. Economists are not well-versed with basic technology such as Excel. Senior management is clueless.

    Advice to Management

    Provide some growth opportunities for contractual staff.


  9. Helpful (5)

    "Great experience, terrible career development"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Economist in Washington, DC
    Former Employee - Senior Economist in Washington, DC
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at IMF full-time (More than 10 years)

    Pros

    If you join as a professional economist, it is a great place to gain experience. For support staff like office assistants, IT, research assistants, accountants, etc. there is almost a zero chance of professional growth and career advancement. Moreover, these days the IMF tends to hire many support staff on a contractual basis with hardly any job security. In my experience, the IMF is a political organization and advancement had more to do with your nationality and office politics than your merit. HR plays games and is obstructionist.

    Cons

    You grow old very fast--and very frustrated too.

    Advice to Management

    Improve transparency.

    Reduce politics from staff advancement which should be strictly on the basis of merit not nationality.

    Encourage good management.


  10. Helpful (2)

    "Less than stellar"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Staff Assistant in Washington, DC
    Current Employee - Staff Assistant in Washington, DC
    Doesn't Recommend
    Approves of CEO

    I have been working at IMF full-time (More than a year)

    Pros

    26 vacation days, 12 sick days, on-site gym for nominal fee, Compressed Work Schedule (CWS) option, effort toward a professional development curriculum

    Cons

    Heavily bureaucratic, not an organization where one comes in at entry level and moves anywhere other than entry level, contractual/American staff must file quarterly taxes and also are responsible in covering the Self Employment tax (about 5%).


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