World Bank Group reviews

4.1

83% would recommend to a friend

(2,937 total reviews)

Ajay Banga

84% approve of CEO

74% positive business outlook

World Bank Group has an employee rating of 4.1 out of 5 stars, based on 2,937 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The World Bank Group employee rating is in line with the average (within 1 standard deviation) for employers within the Financeiro industry (3.7 stars).

Reviews by job title

3K reviews
5.0
Oct 30, 2024

Amazing experience, but...

Recommend
Business Outlook

Pros

Working at IFC provides an opportunity to have a direct impact on global development through supporting private sector investments, a diverse and collaborative working environment, and opportunities for professional growth and learning through exposure to cutting-edge industry practices and international experts.

Cons

The downsides of working with IFC include, like any large organization, bureaucracy and lengthy decision-making processes that can slow down projects. Frequent travels and demanding timelines could also impact work-life balance. Most importantly, management's reluctance to give staff permanent contracts is a real obstacle to their self-realisation. The rules and criteria for awarding these contracts to staff need to be clearly set out, accessible to high performers over time, and applied with full transparency, as it should be.

5.0
Oct 29, 2024
Recommend
Business Outlook

Pros

- Good pay compared to the market. Your salary will be higher than 80-90% of people in your country with the same experience and qualifications. Only big tech and big banks can compete with IFC in terms of pay. Additionally, your salary is tax-free in most countries. - Stable job: If you are a staff member and not involved in any criminal offense, you will likely never be fired. - IFC is full of experienced, highly qualified people because the recruitment process is highly competitive; normally, only 1 out of 100 applicants will be selected. - Good benefits: 26 days of leave for new staff plus WBG special holidays, hybrid work, pension plan, cellphone support, commuting support, and health insurance for the whole family. - Learning opportunities: internal training (online and in-person), external training, knowledge sharing, workshops, etc. You can attend training almost every day if you want and have the time. - Travel: Working for IFC gives you the opportunity to travel domestically and internationally, either for training or for missions. - Rotation opportunities: Want to work and live abroad? IFC gives you the chance to work in another country, even in the US, for a few years. - Catching up with new technologies: IFC/WB constantly applies new technologies to their systems, such as Gen AI. - Pride: People generally admire you if you say you are working for WB/IFC.

Cons

- Complex internal processes: You will spend years navigating through IFC/WB internal procedures, and you will still have to continue learning because new systems are constantly being introduced. - Slow career progression: I've seen people in the same position for 10+ years. Maybe they just want a stable job without trying too hard. Some people over 50 seem to be doing not much, just waiting for retirement. - Time zone differences: You work with colleagues around the world, so be prepared to attend meetings in the middle of the night. - Too much traveling: Yes, travel can be a perk, but after some years, you may become tired of it. It all depends on your personal preference. I love travelling, as much as possible, so that would not be a problem for me.

Viewing 292 - 294 of 2,937 Reviews

Glassdoor has 5,060 World Bank Group reviews submitted anonymously by World Bank Group employees. Read employee reviews and ratings on Glassdoor to decide if World Bank Group is right for you.