The World Bank Reviews | Glassdoor

The World Bank Reviews

Updated September 23, 2017
623 reviews

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3.6
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The World Bank President Jim Yong Kim
Jim Yong Kim
225 Ratings

623 Employee Reviews

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Pros
Cons
More Pros and Cons

  1. "Working at the Bank as an External Temporary Consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Counselor World Bank in New York, NY
    Current Employee - Counselor World Bank in New York, NY
    Recommends
    Approves of CEO

    Pros

    I love the job, very interesting, working on development issues and climate change. I come from the private sector where I had a very stressful job as a consultant, working long hours, facing tensions at work. The Bank is still demanding but the hours are ok and the level of stress is closer to public sector type of jobs. Salary is ok, good health coverage, 30 days of holidays, no tax.

    Cons

    I guess the downsides are linked to the pros : less stress but also more bureaucratic, slow, hierarchical than private consulting firm for example. The contract is just a two year contract, not easy to make career plans.

    Advice to Management

    give more feedback to the teams, not enough individual evaluations and objectives, no mentor/no help building your career


  2. "Great. Very nice place and environment for working."

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

    Pros

    Very nice place and environment for working.

    Cons

    The HR Department needs to be more proactive in receiving the new employees.

    Advice to Management

    The HR Department needs to be more proactive in receiving the new employees.

  3. "Excellent place to learn, share ideas, work collaboratively, and make a difference"

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

    Pros

    Strong sense of mission
    Very smart and committed group of professionals
    Consensus corporate culture
    Opportunities to learn, travel
    Work at all levels (from ministers to civil society)

    Cons

    Very slow to adapt
    Old management promoted from within
    Excellent technical managers with poor people management skills
    Internal processes hamper the ability to delivery to clients

    Advice to Management

    Retire and bring new blood from the outside


  4. "Respectful, Freedom to be creative, Great yearly increases, Hard to move up."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Information Analyst in Washington, DC
    Former Employee - Information Analyst in Washington, DC
    Recommends
    Approves of CEO

    Pros

    As a IT in the World Bank. I appreciated the freedom to bring new ideas to the table. Leadership was acknowledged, and skills were respected. Yearly increases typically exceeded inflation. Most executives were pleasant and appreciated your presents. Very stable once Staff. Time of was granted when needed. Very diverse international crowd.

    Cons

    Hard to move into other career paths or advancement. (No one leaves) Easy to get into routine. Welcome to share your opinion on processes with management, but don't expect the process to change. Learning outside your role will not be funded. (management digression) As staff and a US Citizen you will be responsible to pay your own taxes quarterly as self employed. They will provide half the tax payment quarterly.

    Advice to Management

    Support and encourage your employee's to grow with and keep-up with outside education and certifications.


  5. "very good"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Accounting Clerk in Washington, DC
    Former Employee - Accounting Clerk in Washington, DC
    Recommends
    No opinion of CEO

    Pros

    best place to start a career.

    Cons

    income tax is not withrawn from your paycheck. you have to file on your own


  6. "Fantastic opportunity to focus on global issues."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Research Analyst in Washington, DC
    Former Employee - Research Analyst in Washington, DC
    Recommends
    Approves of CEO

    Pros

    Fantastic place to work. World-class people, industry knowledge, and global insight on key issues of our time.

    Cons

    Not for the faint of heart - long hours are expected more often than not.

    Advice to Management

    Focus more on implementing work-life balance


  7. "Dynamic, high octane, supportive environment for young professionals"

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

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

    Pros

    Once you are at the Bank expect to have the experience of a lifetime. Due to the highly collaborative nature expect to work across teams, departments, units, and hop around building rooftops in downtown Washington. You will meet the highly esteemed people in the field of international development from all over the world since the Bank has played a special role in the field since its inception in 1946. Working at the Bank is a dream come true for many development practitioners and positions are highly coveted. Bank offers full benefits, such as gym, health, pension etc.

    Highly tactful and respectful multicultural environment where each employee is truly valued and appreciated. Because of this respectful environment, each individuals is allowed to manage one's schedule with leniency and flexibility.

    The cafeteria has excellent food featuring cuisines from around the world at reasonable prices.

    Cons

    In more recent years many individuals get hired as STT, STC, ETT or ETCs (short and extended-term temporaries or consultants). These hires cannot work more than 180 days per year and have very few benefits but full access to Bank facilities and its people. Politics and internal competition to take on responsibilities among junior and mid level managers can get hairy. Temporaries and consultants must worry about contract renewal every 3 to 6 months until they consistently perform and earn an assignment on the grade scale.

    Advice to Management

    Target to hire young professionals, jpas, and open up the STT and STC and grades even further to junior level professionals. As the Bank morphs into a Solutions Bank the youth has a major role to play

  8. "Great place to work"

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

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

    Pros

    A great working environment. Highly committed workforce.

    Cons

    Politics and bureaucracy are difficult to navigate in this huge organization.

    Advice to Management

    A complex organization does not require a complex strategy. Focus is key.


  9. Helpful (1)

    "memorable"

    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
    Neutral Outlook
    Disapproves of CEO

    I have been working at The World Bank full-time (More than 10 years)

    Pros

    Our cause is awesome and we reach people at the grass root level. So if you want to be a part of a team that makes a difference to the lives of those less fortunate and in post conflict countries, this is definitely the place to do that.

    Cons

    Lots of red tape and a typical government mentality...

    Advice to Management

    Run your business like the private sector.. deliver on your mission and do it efficiently and quickly. Furthermore, just because you have been doing it this way for the last 50 years does not mean it is the only way. Management needs to do more than just network around the world. Be the difference you want to see and don't expect every one else to do all the work while you just take the credit. People from the third world countries make your institution great, change the mentality that only if you have been to an ivy league school you know better :)


  10. "Tough to get in, especially if you're a US citizen, but amazing place to work."

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

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

    Pros

    International staff, committed to a great mission - ending poverty. Euro-style pay and leave benefits.

    Cons

    Quite political, sometimes quite resistant to change

    Advice to Management

    Keep stressing the vision and mission.


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