World Economic Forum Reviews | Glassdoor

World Economic Forum Reviews

Updated November 3, 2017
85 reviews

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3.2
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World Economic Forum Founder & Executive Chairman Klaus Schwab
Klaus Schwab
32 Ratings

85 Employee Reviews

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Pros
  • Work-life balance, Smart people, Benefits, (in 6 reviews)

  • You meet many interesting people from around the world (in 5 reviews)

Cons
  • Very poor work life balance (significant amount of burnouts and sick leave) (in 5 reviews)

  • Job descriptions are often extremely misleading: overqualified staff hired for menial jobs which leads to high turnover (in 7 reviews)

More Pros and Cons

  1. "Unmatched for access, global perspective; limited for real impact"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Global Leadership Fellow in New York, NY
    Current Employee - Global Leadership Fellow in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at World Economic Forum full-time (More than a year)

    Pros

    - Unparalleled access to change makers like CEOs of global companies, government officials, academics, media leaders

    Cons

    - Not a a particularly dynamic institution


  2. Helpful (5)

    "Great organization that's being let down by its leadership"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Project Manager in New York, NY
    Former Employee - Project Manager in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at World Economic Forum full-time (More than 3 years)

    Pros

    Interesting work; amazing access to global leaders in business, government and civil society; insights into how thoughtleaders think; great colleagues - smart and fun crowd; middle management is very good - works mostly as shield against constant barrage of re-orgs from top

    Cons

    Unpredictable, erratic and constant changes in direction, processes and organization from senior leadership; low trust in leadership from staff; "transformation exhaustion"; overly matriced org leads and constant re-orgs lead to a lot of politics; feels like leadership has not figured out the place of the Forum in the 21st century yet and is pivoting every single year in a new direction

    Advice to Management

    With all respect to the incredible achievements of the founder of the Forum, it's time for a leadership change at the very top.

  3. Helpful (3)

    "Entrepreneurial / disorganized"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Project Specialist in New York, NY
    Former Employee - Project Specialist in New York, NY
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I worked at World Economic Forum full-time (More than 3 years)

    Pros

    Fun work, great network, very smart co-workers

    Cons

    Constant re-orgs, unclear future, lack of vision, founder dominated

    Advice to Management

    Identify and articulate vision of Forum better and commit to a strategy for longer than 4 months


  4. "Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends

    I worked at World Economic Forum full-time (More than 3 years)

    Pros

    Flexible work environment, access to global leaders, good salary for a non-profit, ability to travel

    Cons

    Internal politics is frustrating, work can get repetitive


  5. Helpful (1)

    "World Economic Forum"

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

    Pros

    Incredible mission and potential to convene the most powerful people in the world for action in the global public interest.

    Cons

    An organization that is in constant flux, trying to adapt to a complex global landscape.

    Advice to Management

    Apply your brand and core values consistently internally and externally


  6. Helpful (4)

    "Typical large enterprise environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Engineer in New York, NY
    Former Employee - Software Engineer in New York, NY
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at World Economic Forum full-time (More than a year)

    Pros

    Great salary and benefits
    Free travel to Geneva for business
    Theoretical social good of work being done

    Cons

    Tons of meetings
    Incompetent management
    Everything takes forever to do
    Questionable social good of work being done


  7. Helpful (1)

    "BEST OF THE BEST"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Manager in McLean, VA
    Former Employee - Financial Manager in McLean, VA
    Recommends
    Positive Outlook

    I worked at World Economic Forum part-time (More than a year)

    Pros

    best people to work around and to make volunteer work and to meet high profile people in the community. you get the experience of the people around you.

    Cons

    As much I say there is no cons. Because its fun to be around and the knowledge you gain is amazing .

    Advice to Management

    To keep spreading and never stop. I think should keep increasing the hubs and the community work in the way their doing.

  8. Helpful (1)

    "Awesome place to work but find your focus"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Team Coordinator in New York, NY
    Current Employee - Team Coordinator in New York, NY
    Recommends
    Negative Outlook
    Approves of CEO

    Pros

    Colleagues and travel opportunities are really unbeatable.

    Cons

    It's tough to see a path of grow, it's still an extremely bureaucratic organization.

    Advice to Management

    If you want quality, spend the money to get it.


  9. Helpful (1)

    "Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at World Economic Forum full-time (Less than a year)

    Pros

    Work-life balance, Smart people, Benefits,

    Cons

    Compensation, Very political, Lack of strong management

    Advice to Management

    Reward people according to performance not due to tenure and political affiliation


  10. Helpful (5)

    "Senior Community Associate"

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

    I have been working at World Economic Forum full-time

    Pros

    Fantastic people in the NY office, interesting networking opportunities, great travel opportunities, decent benefits (especially vacation time), relatively flexible work environment.

    Cons

    Disconnect between headquarters in Geneva and the NYC office with people in charge and making decisions for teams and industries they know absolutely nothing about. The ability to grow, learn, and progress your career is entirely dependent on your cluster/team head - there is no defined career path here, it's solely up to who your manager is and both their and your willingness to let you carve out your own path.

    Advice to Management

    Trim some of the fat at the top levels of the organization and add some of those resources to the many teams in house that are carrying the business and could use it. If something is not broken, or rather performing well or better than other things, don't try to reimagine it under the guise of 'innovation' when you're really just trying to have more control over something you're not wholly qualified to deal with.


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