Inter-American Development Bank Reviews | Glassdoor

Inter-American Development Bank Reviews

Updated March 18, 2019
201 reviews

Filter

Filter


3.6
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
Inter-American Development Bank President Luis Alberto Moreno
Luis Alberto Moreno
84 Ratings

Employee Reviews

Sort: PopularRatingDate

Pros
  • "If you are looking for a work-life balance and a reasonable pay, I'd say the bank is one of the best places to work" (in 43 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 18 reviews)

  • "There are no benefits for consultants" (in 13 reviews)

More Pros and Cons

  1. "Multicultural environment"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    With your knowledge and work could improve lives in Latin America and the Caribbean

    Cons

    Deadlines, working under pressure and with people from different cultures


  2. "Overall - Great Place to Work"

    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
    Approves of CEO

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

    Pros

    - Great company mission
    - Opportunity to travel
    - Interesting projects
    - As a funder organization, we're not scrambling to write grants
    - Great supervisors, though it depends on the department
    - Ability to define my own work
    - Great speakers come to the IDB (Arianna Huffington, Luis von Ahn), and opportunities for fun (salsa and art classes) after work
    - Fair compensation, but you must negotiate your rate for it to be competitive
    - Good work-life balance. You're not expected to stay late at the office.

    Cons

    - No benefits (health, retirement, etc.) for consultants
    - Changes in contract procedures mean consultants are forced out after a certain number of years, which leads to bitter employees who could have further contributed to the Bank

    Advice to Management

    You're not incorporating feedback from the consultants. Don't let HR hamstring consultants' fight for benefits because of fear of litigation.

    Otherwise, great job promoting innovative frameworks and projects to improve lives in Latin America and the Caribbean.

  3. "It depends on which team or department you work at"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Research Fellow in State College, PA
    Current Employee - Research Fellow in State College, PA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Interesting work, flexible hours, if you're a staff you have stability and great benefits otherwise it's the standard contractor instability.

    Cons

    Contracts might be inconvenient, hiring process is not always as open and transparent as you'd like.


  4. "Good workplace"

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

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

    Pros

    Good environment and workplace, flexible schedule,

    Cons

    Consultants have a maximum contract time length


  5. "Pleasant work environment"

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

    I worked at Inter-American Development Bank full-time

    Pros

    Great benefits
    Friendly work environment

    Cons

    Bureaucracy
    Must be very extroverted to be recognized


  6. "Not worth, stay away"

    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
    Disapproves of CEO

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

    Pros

    Salary (while your term lasts). Easy going environment, but a bit too much may not be a pro.

    Cons

    3 yrs max you can stay as a consultant under new HRD rules.
    3 yr Fixed terms entail more stability but extremely difficult to get.
    Mandate of filling quota w women makes harder for men out to get in .
    Huge favoritism towards colombian nationals.
    Lack of accountability and transparency in pretty much everything.


  7. "Great Experience- Internship"

    StarStarStarStarStar
    • Career Opportunities
    Former Employee - Intern in Washington, DC
    Former Employee - Intern in Washington, DC

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

    Pros

    Everyone at the office wants you to succeed. The bank culture is also great, everyone is very kind.

    Cons

    Bureaucracy was a bit hard to deal with at times

  8. "Consultant at the IDB"

    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
    Neutral Outlook
    No opinion of CEO

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

    Pros

    - Time flexibility
    - International consultant are exempted of paying taxes
    - Acceptable salary

    Cons

    - Very hierarchical. There is a pronounced difference between consultants and staff.
    -No benefits
    -Scarce opportunities for growth within the organization


  9. "Great working atmosphere"

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

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

    Pros

    Great Colleagues , latin culture, overall a very easy atmosphere

    Cons

    Consultant are treated as second class citizens , reverse discrimination towards men

    Advice to Management

    lift the headcount, increase number of staff position


  10. "Depends on what you are looking for"

    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
    No opinion of CEO

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

    Pros

    If you are looking for a work-life balance and a reasonable pay, I'd say the bank is one of the best places to work. The cause of the organization is also rewarding.

    Cons

    The bank is a complex organization and internal procedures can sometimes be lengthy and inefficient. At times, the bureaucracy can really stress you out.