The World Bank Reviews

Updated 9 Jul 2020

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4.0
87%
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The World Bank President David Malpass
David Malpass
1 Rating
  1. Helpful (4)

    "Great place to work but at huge price"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Energy Specialist in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at The World Bank full-time for more than a year

    Pros

    Prestigious position and work environment, meaningful job, you will literally be changing the world, you will literally influence people lives, opportunities for development, great opportunities after leaving the Bank, excellent pay, excellent benefits, opportunity to travel the world, meet leaders and top officials, live in DC, and flexible work options.

    Cons

    Long lasting career within the Bank is unlikely; Your future is always uncertain as most contracts are term contracts making it impossible to feel settled in town or establish a family; Your livelihood is in the hand of your colleagues whom feedback does not necessarily depend on your professional outputs; short term consultant contracts are technically a form of modern day slavery and require full review ASAP; Team members scattered around the globe and respect for personal time outside work hours is nonexistent (personally I have been told to my face by a task team leader that if I prioritize my family then this job is not for me, this ideology is wide spread across the Bank and perhaps explains why large number of staff either come from broken homes or from poverty/war, though it is worth noting that you're highly encouraged to marry from within the institution); Sexual harassment is widespread (refer to Staff Association recent survey) and this is not surprising when taking into consideration the power some staff are given when it comes to contract renewal and the position of vulnerability you're at once you have tasted the benefits of this job; expect it to be difficult to have a social life outside work given the frequent travels and work hours;

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  2. Helpful (1)

    "the only people who stay are there for the status."

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Urban Economist in Jakarta
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at The World Bank full-time for more than a year

    Pros

    Fulfilling and interesting work at times.

    Cons

    You sadly don't get a lot done. It's very political and it feels more like you are selling the idea of structural change more than making it. It's also a fairly toxic environment which leads new bright recruits from good schools to leave after two years. Those who stay do so because they like the status of working at the Bank, which adds to the toxicity. Navigating egos at the Bank is like walking through a minefield. The Bank has a lot of potential but it is ineffective primarily because they advance people motivated by self-aggrandizement, who were never taught how to manage teams effectively. Managers are also in a pseudo non profit environment where they aren't forced to learn or grow because they are rewarded more for creating the image of transformational change than actually doing it. The company rewards intellectual excellence and snobbery, not actual results. The ambition of the teams is always high level, but ungrounded. I was given a budget to build a program in 5 different mega cities, when the resources and capacity provided would have barely served one.

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  3. "Solid Client"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Video Content Producer in Accra
    Recommends
    Neutral Outlook

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

    Pros

    Variety of work as a vendor.

    Cons

    None hired based on the economy.

  4. "High-level institution"

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

    I have been working at The World Bank part-time for less than a year

    Pros

    High-level company, of of the world's most important development institutions.

    Cons

    The entrance position is usually as consultant, which does not include the amenities that the staff have.

  5. "Great place to grow"

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

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

    Pros

    International exposure, technical expertise, important mission

    Cons

    Complex institution, talent inflation, workload

  6. "Great learning experience, particularly for policy and international development professionals"

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

    I have been working at The World Bank part-time for more than a year

    Pros

    Worldclass policy discussions, cutting-edge development initiatives, global impact programs, and great space to team up and collaborate with top-qualified professionals and sectoral leaders.

    Cons

    Career path is blurry. Promotions are scarce, particularly for young people.

  7. "Very competitive salary"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Technical Specialist in Washington, DC
    Recommends
    Positive Outlook
    No Opinion of CEO

    I have been working at The World Bank full-time for more than 5 years

    Pros

    Talented staff with global knowledge.

    Cons

    A bit difficult to survive

  8. "Good experience working with the World Bank Group"

    4.0
    Current Employee - Senior Consultant in Toronto, ON

    I have been working at The World Bank full-time

    Pros

    - exposure to international events and high-level decision makers - global resources useful for career development - a variety of talented people that you can learn from

    Cons

    - too big to feel ownership - difficult to develop a specialized skill - hard to transit into the private sector

  9. "good place to work, but lacks room for growth for admin staff"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Program Assistant in Washington, DC
    Recommends
    Positive Outlook

    I worked at The World Bank full-time for more than 8 years

    Pros

    stimulating international environment, good pay, good benefits

    Cons

    very hierarchical, very little room for growth or promotion for admin staff, poor work-life balance

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  10. "incomparable opportunities but lack of management"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Legal in Washington, DC
    Recommends
    Neutral Outlook

    I worked at The World Bank full-time for more than a year

    Pros

    very smart and dynamic staff; open to creativity; always something new to learn

    Cons

    good work can be second to self-promotion

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