IFC Reviews

Updated Jul 21, 2021

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Found 428 of over 565 reviews

4.2
92%
Recommend to a Friend
89%
Approve of CEO
IFC Managing Director Makhtar Diop
Makhtar Diop
12 Ratings
Pros
  • "Decent work life balance and good pension plan(in 42 reviews)

  • "Great work environment, colleagues are respectful and caring(in 30 reviews)

  • Cons
  • "Tends to be complex with multilayered systems and processes that slows down decision making(in 21 reviews)

  • "bureaucratic, slow career progression, frequent strategy changes(in 14 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
    1. 5.0
      Current Employee, more than 1 year
      Featured Review

      An intellectually stimulating and innovative place to work!

      May 26, 2021 - Analyst in Washington, DC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      The IFC is a great place to work. If you like to be part of an international and intellectually stimulating environment IFC is the place to be! It is important for me personally to know that, through our work, we are contributing in supporting IFCs mission on advancing economic development and improving the lives of the most vulnerable people/communities in the developing world. In my experience so far, management is welcoming of new innovative ideas creating a comfortable work environment to express and share views within the team. Other pros of working at IFC: You get to interact with amazing professionals in their respective fields and get to hear about how the work they do impacts vulnerable economies/peoples Very competitive salaries and benefits Flexible work arrangements Travel (at least before Covid-19 and hopefully after)

      Cons

      I have not observed any cons so far to mention.

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      2 people found this review helpful
    2. 5.0
      Former Employee, less than 1 year

      Great place, great people

      Oct 30, 2019 - Front Desk Receptionist in Sydney
      Recommend
      CEO Approval
      Business Outlook

      Pros

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

      Cons

      I dont have any cons.

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    3. 3.0
      Current Employee, more than 1 year

      Diverse, interesting work, very bureaucratic

      Jul 20, 2021 - Program Assistant 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      - Diversity of people - Diversity of projects - Amazing benefits - 5 weeks off as staff, 2 weeks sick leave, pension plan, maternity/paternity leave, disability leave, etc. - A lot to learn

      Cons

      - Bureaucratic - it is extremely top heavy. There isn’t a lot of young talent. The WBG has the Young Professionals Program, but be aware that this is for individuals up to 35 years old that have a masters degree and several years of work experience. If you are in a junior level role, such as a Program Assistant position, it could take several years for a promotion to an Analyst position. Even then, there is no guarantee that you will move up as the department you are in will need to have headcount. It is easy to get stuck. - If you are used to a private sector environment, where you will be promoted after a few years, this does not happen here. I would recommend only transitioning to work at this institution if you are ok with slow career progression or plan to learn as much as you can in a few years and then take that knowledge elsewhere. - People are diverse because they come from all over the world. Again, age groups are not so diverse. Not a lot of young* talent as it isn’t recognized here. *(Young as in a few years out of college) NOTE: If I came in in a more senior role, I would probably give a better review on career opportunities.

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    4. 5.0
      Current Employee, more than 10 years

      Good people!

      Jul 15, 2021 - Senior Project Manager in Washington, DC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      People are amazing and generally very supportive of each other. IFC is quite highbrow when it comes to senior staffing (top global universities and masters program) but rising without such a degree is possible. Selfless, hard work and good attitudes help. IFC is also perfection driven as its projects need to shine. This is for 2 understandable reasons. First, as a leading development investment firm, it needs to be at the top of its game. Second, the scrutiny IFC subjects itself to- mainly from NGOs and governments- means that its projects have to be defenisible not only financially (which is priority), but also developmentally. Can be tough but that is what makes it exciting.

      Cons

      Allowing perfect to be the enemy of the good. Sometimes unrealistically high (and politically driven) E&S requirements can prevent a project from proceeding. Geopolitics (ie G7 relations with countries like China and Russia but also 'problem' and off-limits countries like Venezuela, Cuba etc) can also deny staff and clients of completing some highly developmental/cool projects.

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    5. 5.0
      Current Employee, more than 1 year

      Relaxing and Competitive job

      Jul 19, 2021 - Vice President in London, England, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Work Life Balance, Benefit and Pension

      Cons

      Little growth opportunity, No innovative technology

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    6. 5.0
      Former Employee

      Great professional environment

      Jul 14, 2021 - Programmer Coordinator in Nairobi
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great work ethics and leadership

      Cons

      None identified during performance assessments

      Continue reading
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    7. 5.0
      Current Employee, more than 5 years

      ET Consultant

      Jul 9, 2021 - ET Consultant in Washington, DC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Fulfilling mission, good work life balance

      Cons

      Upward mobility is limited for the junior level staff

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    8. 5.0
      Former Employee

      Great

      Jul 6, 2021 - Investment Professional 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      A lot of great perks

      Cons

      Slow moving and wasteful with resources

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    9. 5.0
      Current Employee, more than 3 years

      Excellent

      Jul 5, 2021 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good benefits, good work hours

      Cons

      Poor job security, almost no good exit options

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    10. 2.0
      Former Employee, more than 5 years

      Heavy bureaucracy suffocates progress

      Jul 21, 2021 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Staff diversity, location, variety of project

      Cons

      heavy bureaucracy, unclear growth opportunities, favoritism

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    Viewing 1 - 10 of 428 Reviews
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