The World Bank Reviews | Glassdoor

The World Bank Reviews

Updated March 20, 2017
81 reviews

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The World Bank President Jim Yong Kim
Jim Yong Kim
32 Ratings

81 Employee Reviews

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Pros
Cons
  • Short-term consultants make up a big part of the workforce (in 17 reviews)

  • Lot of restrictions on Short Term Consultants like how many days they can work and no benefits (in 34 reviews)

More Pros and Cons

  1. "STC Position"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Research Associate in Washington, DC
    Former Contractor - Research Associate in Washington, DC
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at The World Bank as a contractor (More than a year)

    Pros

    Great minds, travel opportunities, unique expereinces

    Cons

    Lack of management skills, no clear career path


  2. Helpful (1)

    "Horrible for Female Economists"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Consultant (Country Desk) in Washington, DC
    Former Employee - Consultant (Country Desk) in Washington, DC
    Doesn't Recommend
    Disapproves of CEO

    I worked at The World Bank full-time (More than 5 years)

    Pros

    - international staff
    - good salary
    - exciting job for economists on country desks
    - lots of international traveling

    Cons

    - sexist and racist hiring practices
    - sexual harassment of female economists who want to get ahead
    - male economists are preferred for permanent positions
    - female economists get the less secure consultant or temporary positions

    Advice to Management

    Listen to complaints from female professionals and minorities. The fact that there are so few females in permanent professional positions with advancement opportunities points to continuing sexism in the institution.


  3. "Operations Analyst"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Disapproves of CEO

    I worked at The World Bank full-time

    Pros

    Multicultural environment and truly a learning Institution with a wealth of knowledge.

    Cons

    Does not handle well its diversity. There are too many frustrations that can be addressed but management chooses to overlook them.

    Advice to Management

    Advice will not be helpful. Management does not listen to the staff.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "Operations Officer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Anonymous Contractor
    Current Contractor - Anonymous Contractor
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at The World Bank as a contractor

    Pros

    dynamic environment, talented colleagues, interesting work

    Cons

    bureaucracy, internal politics and uncertainty

    Advice to Management

    Talent management is the worst part about working at the World Bank. 90% of the staff members and consultants I know are either thinking about leaving or have taken actions to leave their jobs.


  6. "lead MAT"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Lead Mobile Advisory Team Leader in Washington, DC
    Former Employee - Lead Mobile Advisory Team Leader in Washington, DC
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at The World Bank (More than 8 years)

    Pros

    World Bank projects are technical yet interactive with diverse communities hence its is an ever changing learning environment. The renumeration is also good.

    Cons

    They lack clear work policies hence a lot of uncertainties with decision making within the work environment. Alot of beurocracy slows down project implementation

    Advice to Management

    The management can improve on project designs and especially on the human resource so as to offer a more secure work environment for their employees.


  7. Helpful (1)

    "Short Term Consultant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Short-term Consultant (STC) in Washington, DC
    Current Employee - Short-term Consultant (STC) in Washington, DC
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at The World Bank (More than 3 years)

    Pros

    Challenging, impactful, rewarding intelligent work

    Cons

    compensation, benefits, work life balance, career opportunities


  8. Helpful (2)

    "Difficult conditions for STCs"

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

    I have been working at The World Bank (More than 3 years)

    Pros

    The World Bank has high standards for quality work, a commitment to responsible and sustainable development projects, and a management team that tries to listen to staff and respond to their concerns.

    Cons

    Unfortunately, management pays little to no attention to issues facing short-term consultants (STCs).

    Depending on the team lead, there can be blatant exploitation and abuse of STTs and STCs, with no institutional protection.

    For those with greater levels of vulnerability, due to visa status, gender, etc, this can result unreasonably high working risks of pressure to work without pay, and/or blatant harassment.

    Understandably, morale among this sub-class of workers is abysmal.

    Advice to Management

    Reform STC employment regulations, improve accountability, and increase support for FTE STCs


  9. Helpful (2)

    "Consultant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Fundraising & Portfolio Management Specialist in Washington, DC
    Former Employee - Fundraising & Portfolio Management Specialist in Washington, DC

    I worked at The World Bank full-time (More than 3 years)

    Pros

    Multicultural environment, interesting people, interesting job

    Cons

    Terrible contractual conditions, hard to be marketable once you leave


  10. Helpful (2)

    "all that glitters is not gold"

    Star Star Star Star Star
    • Comp & Benefits
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Disapproves of CEO

    Pros

    good salary and benefits
    multicultural organization
    generous holidays

    Cons

    poor leadership and management - mostly
    turning a blind eye to bullying
    strong favoritism which impairs good decision making y
    most new employees are disheartened as quickly as 6 weeks into starting
    strong culture of retaliation

    Advice to Management

    Walk the talk' Total disconnect between culture and values


  11. Helpful (1)

    "Trade Specialist"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Extended Term Consultant in Washington, DC
    Current Employee - Extended Term Consultant in Washington, DC
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at The World Bank full-time (More than 8 years)

    Pros

    Quality and rewarding work in various regions with frequent travels to countries and communities. Having the option to address issues and advice solution to communities/Governments.

    Cons

    It offers a very poor salary structure and benefits for young women professionals. since I joined as a JPA when I was 25 - over last 8 years my salary has increased only by 1500 per years which offers a low salary package for a family to be financially solvent in Washington DC. Poor career track and to be promoted to a higher position.

    Advice to Management

    Transparent and honest advice, commitments on Employee's capacity building and development such as promotion on the job. Better salary and better benefits, Incentives are must as junior/senior staffs work very hard to satisfy country clients and Implementation of Projects.



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