The World Bank

  www.worldbank.org
  www.worldbank.org

The World Bank Reviews

Updated 15 December 2014
Updated 15 December 2014
321 Reviews
3.5
321 Reviews
Rating Trends

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

Review Highlights

Pros
  • Work life balance can be good if the travel schedule isn't too onerous (in 23 reviews)

  • Great internarional work environment and opportunities to travel (in 22 reviews)


Cons
  • no benefits, cannot work more than 150 days per year so many end up working for free (in 18 reviews)

  • The culture does not favor the growth of junior staff, especially short-term consultants (in 8 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    I am satisfied with my job

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Administrative Assistant in Sydney
    Current Employee - Administrative Assistant in Sydney

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

    Pros

    The World Bank is a good employer

    Cons

    I do not have any opinion

    Advice to ManagementAdvice

    I do not have any advice

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    You have to pay for work travel costs yourself and get reimbursed which can be over $10,000

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Etc
    Current Employee - Etc

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

    Pros

    Pay is good due to tax benefits. Opportunities to travel for work.

    Cons

    Little support or job security. Mostly 12 month contracts that are not renewable past 2 years.

    Advice to ManagementAdvice

    Decentralize.

    Recommends
    Approves of CEO
  3.  

    Good entry experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Consultant in Washington, DC (US)
    Current Employee - Consultant in Washington, DC (US)

    I have been working at The World Bank full-time (more than an year)

    Pros

    Interesting work, exposure to foreign government and policy issues. Expands your world view.

    Cons

    Lower pay than private sector consulting. Harder progression for lower level staff. Technical skills are not as valued.

    Recommends
    Neutral Outlook
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  5.  

    Very happy with my position and my team

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Media and Communications Associate in Washington, DC (US)
    Current Employee - Media and Communications Associate in Washington, DC (US)

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

    Pros

    Working towards a goal that I full heartedly agree with

    Cons

    Work load and reliance on consultants

    Advice to ManagementAdvice

    treat consultants with more respect

    Recommends
    Positive Outlook
  6.  

    Short term consultants situation

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    Current Employee - Short Term Consultant -- Eocnomic Analyst in Washington, DC (US)
    Current Employee - Short Term Consultant -- Eocnomic Analyst in Washington, DC (US)

    I have been working at The World Bank

    Pros

    Good compensation, good balance between personal life and work as a consultant

    Cons

    The work is not super interesting, administrative heavy, management is not responsive. Always needing something right away and then not getting any feedback for weeks.

    Recommends
    Negative Outlook
    Disapproves of CEO
  7. 1 person found this helpful  

    Will get worse before it gets better

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Short-term Consultant (STC)
    Current Employee - Short-term Consultant (STC)

    I have been working at The World Bank as a contractor (more than 3 years)

    Pros

    Amazing quality of colleagues and interesting and important work. The World Bank has great resources and is an influential institution, all of which adds to the appeal of working there.

    Cons

    Under the current leadership, the reorganization has been a shambles. Some of the best staff are leaving, while other are being sidelined because of the lack of direction inside the institution. On a day to day basis, staff morale is very low and more and more silos are being put up.

    Advice to ManagementAdvice

    Look at the long game and know when to admit defeat. The reorganization was poorly conceived and even more poorly executed, it might be time to start looking for change at the top.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8.  

    On the rebound

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

    I have been working at The World Bank

    Pros

    Dedicated professionals willing to go the extra mile to deliver results. Some global practices are open to push the envelope by coming up with "out-of-box" solutions.

    Cons

    Staff are currently over-extended given the scale of changes taking place. Some global practices are top heavy leaving little room to move up.

    Doesn't Recommend
    Negative Outlook
  9. 2 people found this helpful  

    Used to be one of the best employers - now losing ground

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Economist in Washington, DC (US)
    Current Employee - Senior Economist in Washington, DC (US)

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

    Pros

    Stimulating and intelligent environment, highly international, some very dedicated and great people

    Cons

    Two tiered labor system: Those that are staff and those that are consultants. STCs (short-term consultants) get no benefits and have the worst office environment. Many STCs work there in the hope of sometime in the future getting a staff position, so they are not really short-term. This makes them subject to almost abusive conditions, especially during a hiring freeze when no staff opportunities are available.

    Advice to ManagementAdvice

    1. Worry about the working environment. Morale is down EVERYWHERE with the re-org.
    2. Think about how you can make the World Bank an attractive place to work at again. Currently, it is not.
    3. Think very carefully about making the World Bank into an American corporate-styled cubicle world. Many people have flocked to the Bank, including myself, taking pay cuts, in order to NOT be in that environment.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  10. 4 people found this helpful  

    Still a pretty incredible place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Lead Specialist in Washington, DC (US)
    Current Employee - Lead Specialist in Washington, DC (US)

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

    Pros

    Definitely in operations, it's a fast-paced environment. At this level, there is opportunity to work on a range of things- managing staff, leading complex or high-profile initiatives (country and/or regional), representing your global practice on corporate WGs or the like. Despite the current environment, there are still so many incredibly talented people from pretty much every corner of the planet. No single day is routine.

    Cons

    Senior Management, including some leadership in the Global Practices are incredibly tone-deaf and imposing new processes or measures that boggle the mind and frustrate staff. The benefits package seems to constantly be under scrutiny - granted it's generous by US standards but it is not maintaining its competitiveness with Tier-1 consulting firms or investment banks.

    Recommends
    Positive Outlook
    Disapproves of CEO
  11. 2 people found this helpful  

    Operations Analyst, Country Management Unit

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations Analyst in Washington, DC (US)
    Current Employee - Operations Analyst in Washington, DC (US)

    I have been working at The World Bank full-time (more than 3 years)

    Pros

    Extremely Intelligent Colleagues, Ambitious, Driven, Intellectual Quasi/Academic Atmosphere, Exceptional Communication Skills, Cross-Cultural Environment, Diplomatic Status

    Cons

    Cut throat Politics, Bureaucratic Organizational Structure, Rigid Culture, Extremely Hierarchical, Heavy Workload, Performance Irrelevant, Management cares about deference more than work

    Advice to ManagementAdvice

    Get over yourselves

    Recommends
    Neutral Outlook
    Approves of CEO

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