IFC Reviews

Updated 30 Jun 2020

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4.0
84%
Recommend to a Friend
59%
Approve of CEO
IFC Chief Executive Officer Philippe Le Houérou
Philippe Le Houérou
40 Ratings
Pros
Cons
More Pros and Cons
  1. "Great place, great people"

    5.0
    Former Employee - Front Desk Receptionist in Sydney

    I worked at IFC full-time for less than a year

    Pros

    Work you do is rewarding. Great team of people. Supportive workplace.

    Cons

    I dont have any cons.

  2. "Passionate people, career with an impact!"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Human Resources Consultant in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at IFC full-time for less than a year

    Pros

    Opportunity to work with talented people, strong culture of integrity and transparency, contact with staff in field operations makes employees feel they have a real impact in developing countries and fighting poverty.

    Cons

    Processes could be more streamlined and simplified, sometimes if takes several steps and stakeholders to make a simple business decision.

  3. "A place to make a difference"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Communications Officer in Washington, DC
    Recommends
    Positive Outlook
    No Opinion of CEO

    I have been working at IFC full-time for more than 3 years

    Pros

    You get to wake up every day knowing that you are working for an organization that is trying to make a positive difference in the lives of the world's most poor and vulnerable. Compensation and benefits are generous.

    Cons

    It's not always fun given the bureaucracy of a large multinational organization, but it is worth it given the mission.

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  4. Helpful (1)

    "Hard to get in but you will love it once you are in"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Financial Sector Specialist in Washington, DC
    Recommends

    I have been working at IFC full-time for more than 5 years

    Pros

    Great place to work with good remuneration

    Cons

    You have to know the right people and navigate the politics to move ahead

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  5. Helpful (1)

    "International Investing Experience"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Analyst in Washington, DC
    Recommends
    Neutral Outlook

    I have been working at IFC full-time for more than 5 years

    Pros

    Travel, Deals, Friendly People, Hours maneagable

    Cons

    Compensation way below average for U.S. finance positions, very political

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  6. "Generous benefits, can be rewarding but comes with a price"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Operations Officer in Washington, DC
    Recommends
    Positive Outlook
    Disapproves of CEO

    I worked at IFC full-time for more than 10 years

    Pros

    International environment, driven and intelligent colleagues, possibility for rewarding work (though depending on your role), generous tax-free salary and great benefits (for internationally recruited roles)

    Cons

    Bureaucratic, promotions and progress not necessarily on merit, internal networking to promote yourself and further your own career needs to be at least half of your job if you want to get anywhere

  7. "Intellectually enriching"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Operations Officer in Washington, DC
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I have been working at IFC full-time for more than 3 years

    Pros

    Strong development focus Strong investment banking focus Many opportunities to define work plan effectively Very smart people

    Cons

    Undefined growth opportunities for non investment officers Elitism for investment officers

    IFC Response

    June 29, 2020Talent Attraction Officer

    Thank you. Great to hear this feedback. We’re particularly excited about our new entrepreneurial business line that we call working Upstream. Working Upstream is about helping to create opportunities for private investment in developing countries. We’re scaling up this work in a dramatic fashion and are in the process of hiring approximately 200 people.

  8. "advisory changes each season"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Operations Officer 
    Recommends
    Neutral Outlook
    No Opinion of CEO

    I have been working at IFC full-time for more than 5 years

    Pros

    Development impact, Private sector clients

    Cons

    Strategy for advisory changes every season

  9. Helpful (2)

    "Getting worse each year, stay away"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Investment Associate in Washington, DC
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at IFC full-time for more than 3 years

    Pros

    Global experience, nice people for the most part, interesting work, good benefits if not on local package

    Cons

    Highly political institution which does not care about its employees or clients, all what management cares about is the Board and their own job security. Mediocre managers who are terrible at managing people, a lot of junior people who do heavy lifting leave because there is no upward mobility. If you want a promotion you are forced to apply for open positions in other teams and less desirable locations, there is no incentive for AIO/IOs to put in extra effort in their current teams as rewards are absent. Junior staff are treated like commodities, expected to move around every 3 yrs if they want career progression, all this comes at cost of divorced families, abandoned children and destroyed health.

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  10. "Work with great people from all around the world"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Communications Analyst in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at IFC full-time for more than 10 years

    Pros

    Has a development mandate, a respectful workplace, has good benefits

    Cons

    Slow career progress. Recently too much of stress.

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