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IMF Employee Reviews about "contractual"

Updated Mar 18, 2020

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4.3
85%
Recommend to a Friend
93%
Approve of CEO
IMF Chairman and Managing Director Christine Lagarde
Christine Lagarde
228 Ratings
Pros
  • "Intellectually challenging work, good work-life balance, great colleagues(in 38 reviews)

  • "great work environment and compensation(in 34 reviews)

  • Cons
  • "not much room for growth in the non economist track(in 21 reviews)

  • "Serious review needed of compensation levels (below market) and tax treatment for contractual employees(in 11 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

    Ratings by Demographics

    This rating reflects the overall rating of IMF and is not affected by filters.

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    Reviews about "contractual"

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    1. 5.0
      Current Employee, more than 3 years

      Great Place to work

      Apr 24, 2019 - Research Assistant in Duque de Caxias, Rio de Janeiro, Rio de Janeiro
      Recommend
      CEO Approval
      Business Outlook

      Pros

      -good benefits, good work-life balance, very diverse place

      Cons

      -hierarchical, contractual positions, not much room for advancement if you enter at entry level

      1 person found this review helpful
    2. 4.0
      Current Contractor, less than 1 year

      Great working environment and friendly people

      Mar 18, 2020 - Anonymous Contractor 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Working environment is great, has it's own bistro and cafeteria. And it's convenient to go to World Bank cafeteria where has great food through the underground tunnel. And also the people here are very friendly and willing to learn from each other.

      Cons

      No clear promotion path for contractual employee.

      1 person found this review helpful
    3. 3.0
      Former Employee

      Research Analyst

      Jan 3, 2019 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Some intelligent colleagues and international environment. Can develop good mentor relationships

      Cons

      Serious review needed of compensation levels (below market) and tax treatment for contractual employees. Tax treatment is discriminatory for US nationals, resulting in lower net compensation than other contractual employees

      1 person found this review helpful
    4. 5.0
      Current Employee, more than 1 year

      research analyst

      Apr 3, 2017 - Research Analyst in Washington, DC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      to get a better understanding of the global economic trends and how the Fund functions in boosting the macroeconomic development of its member countries; to improve the research skills through conducting analysis using different statistical and econometric software on various countries and topics and through taking trainings; to build connections with people from diversified background and cultures

      Cons

      Contractual RAs can only work for the Fund for 4 years at most and the transition from RA to economist is quite tough.

      Continue reading
      3 people found this review helpful
    5. 4.0
      Former Employee, more than 3 years

      HR Benefit Administrator

      Nov 7, 2017 - Human Resources Benefits Administrator in Washington, DC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great colleagues and atmosphere. Excellent benefits, especially for expatriates. Best annual/sick leave benefits in the area.

      Cons

      Advancing your career will take many years and much creativity in touring through a vast range of positions within the HR job family. Especially if you start under a contractual position which means you have 4 years to apply to a staff position if you want to stay longer than that as 4 year is the limit for contractual employees in a life time.

      Continue reading
      1 person found this review helpful
    6. 5.0
      Current Employee

      Good for getting experience

      Sep 21, 2014 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      26 days of vacation, nice management and availability of training courses to learn more. great work life balance.

      Cons

      contractual appointments are easy but moving to staff position is hard.

      1 person found this review helpful
    7. 2.0
      Current Employee, more than 1 year

      Less than stellar

      Aug 12, 2014 - Staff Assistant in Washington, DC
      Recommend
      CEO Approval
      Business Outlook

      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%).

      3 people found this review helpful
    8. 3.0
      Current Employee

      Staff Assistant

      Nov 2, 2016 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Facilities are modern and accommodating (standing desks) Diverse environment

      Cons

      Contractual framework does not allow for job stability or career growth. Also has a significantly negative impact on institutional knowledge. Systems are over-customized and constantly interrupt workflow.

      Continue reading
      1 person found this review helpful
    9. 4.0
      Former Employee, more than 3 years

      Research Assistant

      Nov 20, 2014 - Research Assistant in Washington, DC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Excellent benefits and pay scale. Very accommodating in terms of work/life balance (at least in the Research Department)

      Cons

      Very little room for advancement for research assistants. Tax allowances are not provided for contractual hire US citizens. Not all staff economists are as competent as one may hope.

      Continue reading
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    10. 4.0
      Current Employee, more than 3 years

      Access to decent Professional development trainings

      May 28, 2014 - Staff Assistant in Washington, DC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great benefits, transportation perks, international culture, and training opportunities

      Cons

      Contractual based, staff positions are limited. No much vertical movement.

      Be the first to find this review helpful
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