Inter-American Development Bank Reviews | Glassdoor

Inter-American Development Bank Reviews

Updated June 14, 2018
174 reviews

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3.9
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Inter-American Development Bank President Luis Alberto Moreno
Luis Alberto Moreno
73 Ratings

174 Employee Reviews

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Pros
  • "For DC standards, the IADB allows for good work life balance" (in 42 reviews)

  • "Amazing organization which gives back to Latin America through various projects" (in 35 reviews)

Cons
  • "Very difficult if not impossible to get an interesting staff position (employment with benefits) under the age of 35-40" (in 17 reviews)

  • "Hours and there was no benefits" (in 11 reviews)

More Pros and Cons

  1. "Consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant in Washington, DC
    Current Employee - Consultant in Washington, DC
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Inter-American Development Bank full-time (More than 3 years)

    Pros

    Very positive, dynamic, international environment. Interesting work topics if employed in "sectores", smart colleagues, lots of relatively young people looking to build friendships.

    Cons

    Very difficult if not impossible to get an interesting staff position (employment with benefits) under the age of 35-40.


  2. "Communications Consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Communications Consultant in Washington, DC
    Current Employee - Communications Consultant in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Inter-American Development Bank full-time (More than 3 years)

    Pros

    Vacations, work from home, availability to travel.

    Cons

    Burocratic, soft-paced environment, little space for innovation and career development

  3. "Poor communication"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Inter-American Development Bank full-time

    Pros

    Life-work balance, benefits & flexibility for studies.

    Cons

    Poor communication.
    Lack of motivation for advance in career path.


  4. "Consultant"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Inter-American Development Bank full-time

    Pros

    Mission Driven. Great Mentorship. Interesting Projects.

    Cons

    Sometimes had too many meetings


  5. Helpful (1)

    "It's a great place to work...if you're not a consultant"

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

    I have been working at Inter-American Development Bank full-time (More than 3 years)

    Pros

    Great salary and vacation compared to the private sector. You gain invaluable experience working at an international organization. Great work/life balance. More room to be creative and innovative compared to the UN for example.

    Cons

    Consultants do not get sick leave or personal leave. They have to use vacation leave instead which is just the tip of the iceberg of the list of inequalities between consultants and staff. DTC contracts max out at 4 years and you have to wait a year to return as a TTC for lower pay. Consultants do the same jobs as staff do and get less benefits and less stability. No maternity leave. Ironic when your organization's mission is "Improving lives".

    Advice to Management

    Lift the Board's cap on staff positions and facilitate the mobility of employees from consultant positions to staff positions . The Bank invests so much in its human capital, training and having employees acquire new skills...and then loses it when DTC consultant contracts expire after 4 years. It's hurting employees and their families, and it's also hurting the Bank and making it lose money. Employees are forced to leave and take their talents elsewhere for another employer to benefit from.


  6. "Good place to learn but very bureaucratic organization"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Strategy Officer in Washington, DC
    Current Employee - Strategy Officer in Washington, DC
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Inter-American Development Bank (More than 5 years)

    Pros

    Great environment and people. Good work-life balance

    Cons

    Very bureaucratic, hierarchical, and political. slow processes.

    Advice to Management

    Be more flexible to change and updates


  7. "Consultant at IADB"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Consultant in Washington, DC
    Former Employee - Consultant in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Inter-American Development Bank full-time (Less than a year)

    Pros

    Good work culture. Good pay. Opportunity to make an impact on society and the LAC region. Great experience for the resume.

    Cons

    The bureaucracy and the approval processes could be thought to deal with. There are also a lot of processes to learn and sometimes there could be a lack of space for innovation.

  8. "Consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Negative Outlook
    No opinion of CEO

    I have been working at Inter-American Development Bank full-time (Less than a year)

    Pros

    Possibility to work in multiple projects at once. Good exposure to training. Possibility to travel.

    Cons

    Limited possibilities to obtain a staff position with full benefits. Consultants are considered second-class citizens.


  9. Helpful (5)

    "Situation is getting worse for consultants year after year"

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

    I have been working at Inter-American Development Bank full-time (More than 3 years)

    Pros

    IDB is a good company for young professionals that are begging their career and also for someone that wants to start an international career but be aware of the cons before make a decision.

    Cons

    No meritocracy at all. No career plan. Political influenced environment. No talent management or retention. Be aware that if you plan to work at IDB as consultant the HRD has defined new rules for this type of contract that may not be attractive enough for you to decide to leave your home country to work overseas.

    Advice to Management

    You should take better care of the consultants and plan career grow to them since they making this bank move.


  10. "Site representative"

    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
    Recommends
    Neutral Outlook

    I have been working at Inter-American Development Bank full-time (Less than a year)

    Pros

    Close to metro, cultural events

    Cons

    informative is the most


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