The World Bank Reviews | Glassdoor

The World Bank Reviews

Updated November 9, 2017
229 reviews

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3.0
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The World Bank President Jim Yong Kim
Jim Yong Kim
65 Ratings

229 Employee Reviews

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  1. Helpful (1)

    "Terrible place to work as a consultant"

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

    I have been working at The World Bank as a contractor (More than 5 years)

    Pros

    Very smart people to work with and learn from. High quality work is expected so you're always pushed to do your best. The environment constantly exposes you to new things in all areas. Exposure to different cultures in DC and while traveling abroad is great too. If you are lucky, you get to do a lot of technical and stimulating work.

    Cons

    If you are a consultant, expect pretty much the worst! You won't have health insurance, paid vacation, sick leave, pension. You're vulnerable to harassment, inappropriate conduct, and plain exploitation. You won't have an office space either. So get ready to set up (and pay for) your own office space and materials. Thinking about starting as a consultant to get your foot in the door? Don't fool yourself. At least 1,000 people (per the most recent internal survey) have worked at the Bank for more than 3 years hoping to get a staff position. They will get that position before you do (unless you're a 24-year-old genius with a post-doc and good contacts inside the organization).

    Advice to Management

    Offer more decent contracts for entry/mid-level career professionals. Live up to the values you expect governments to honor when managing human resources.


  2. "Consultant"

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

    I have been working at The World Bank as a contractor

    Pros

    Wide variety of topics to work on.

    Cons

    Terrible terrible terrible terrible management

    Advice to Management

    Learn how to treat everyone equally.

  3. "Diversity"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in Washington, DC
    Former Employee - Analyst in Washington, DC

    I worked at The World Bank (Less than a year)

    Pros

    Very diverse, inclusive culture

    Cons

    Less intellectually challenging and bureaucratic


  4. "overall it is a company to prepare for retirement"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Anonymous Intern
    Former Intern - Anonymous Intern
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at The World Bank as an intern

    Pros

    Good platform. Nice colleagues. Nice environment

    Cons

    Too bureaucracy. Salary level is poor.


  5. "STC"

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

    I have been working at The World Bank full-time (More than 5 years)

    Pros

    Interesting projects; Working in the field with local governments

    Cons

    Can use STC for support throughout the year as support
    Days are not always guaranteed


  6. "Lack of investment in career development and limited opportunities for young professionals"

    StarStarStarStarStar
    Former Contractor - Anonymous Contractor
    Former Contractor - Anonymous Contractor

    I worked at The World Bank as a contractor

    Pros

    - Terrific mission (although it's clear that some are more passionate about the mission than others)
    - Extensive international network and convening power
    - Opportunities to travel and work on influential projects

    Cons

    - Bureaucratic organization where it's difficult to voice opinions that go against the 'norm'
    - Lack of investment in career development and mentoring across the board
    - Limited opportunities for young professionals who want to develop their career at the Bank and for consultants who are treated as second class citizens but without whom projects would not move forward


  7. "Lack of stability"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Anonymous Contractor
    Current Contractor - Anonymous Contractor
    Disapproves of CEO

    I have been working at The World Bank as a contractor

    Pros

    Get to work with experts from all over the world.

    Cons

    STCs are often treated as disposable, even though they always have master's degrees or PhDs. There is a lot of abuse of the system. A number of STC positions should be full-time, but aren't.

    Advice to Management

    Actually take the time to cultivate talent from the STC pool.

  8. "Good place to learn, tough place to grow"

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

    I have been working at The World Bank as a contractor (More than a year)

    Pros

    -Surrounded by talented, international people
    -Opportunities to travel to unique and interesting places
    -Opportunities to do interesting, technical work immediately in international development

    Cons

    -Overly bureaucratic
    -Two-tiered system between staff and consultants
    -Staff end up being experts in the World Bank itself; good at using buzzwords and corporate speak...I wonder how much they know about real stuff
    -Stay there long enough and you're not really employable anywhere else
    -Not a great place to truly start your career, limited growth opportunities

    Advice to Management

    -Think of your HR strategy long-term, not just extracting value from STCs


  9. "Development"

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

    I have been working at The World Bank full-time

    Pros

    Great diversity, competable salary, good benefits

    Cons

    Very bureaucrathic, very competitive and hard to get promoted, looks of meetings with no results

    Advice to Management

    Decrease bureaucracy


  10. "Interesting"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Approves of CEO

    Pros

    Stimulating Environment
    A lot of diversity

    Cons

    Lots of Politics
    Not a lot of opportunities to move up
    Space limitations


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