The World Bank
3.7 of 5 248 reviews
www.worldbank.org Washington, DC 5000+ Employees

The World Bank Reviews

Updated Apr 21, 2014
All Employees Current Employees Only

3.7 248 reviews

                             

86% Approve of the CEO

The World Bank President Jim Yong Kim

Jim Yong Kim

(81 ratings)

81% of employees recommend this company to a friend
248 Employee Reviews
Relevance Date Rating
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Review Highlights

Pros:
  • "Work life balance is great, together with the benefits and people"
    in 14 reviews
  • "The work environment differs greatly within the Bank"
    in 16 reviews
Cons:
  • "No benefits and little job security"
    in 11 reviews
  • "No job security as a consultant and you are forced to worry every few months about the next job"
    in 8 reviews
  • Show more review highlights

Reviews

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

Amazing experience, but at one's peril

Anonymous Employee (Current Employee)

I have been working at The World Bank

ProsColleagues, challenging work environment, interaction with diverse clients

ConsLack of leadership & overall risk aversion

Yes, I would recommend this company to a friend

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  • Disapproves of CEO

1 person found this helpful  

great

Senior Financial Analyst (Former Employee)
Washington, DC (US)

I worked at The World Bank full-time

Prosinternational exposure! great compensation! great work life balance

Consbureaucracy, long time to promotion

Advice to Senior Managementmore open to young staff and their promotion cycle

Yes, I would recommend this company to a friend

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Important mission sometimes gets forgotten in this huge bureaucracy

Anonymous Employee (Current Employee)

I have been working at The World Bank

ProsFocus of work is very rewarding

ConsToo large and problematic mission creep.

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  • Culture & Values
         
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Great opportunity for learning and being exposed to high level policy discussions

Junior Professional Associate (Current Employee)
Washington, DC (US)

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

ProsLots of smart, interesting, diverse people. In my case, flexibility with hours (as long as you're able to deliver).

ConsVery hierarchical and difficult to get permanent staff positions. Severe reforms are on their way.

Advice to Senior Managementa

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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  • Work/Life Balance
         
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Invigorating, challenging, and intellectually stimulating.

Short-term Consultant (STC) (Former Employee)
Washington, DC (US)

I worked at The World Bank as a contractor for more than 3 years

ProsExtremely competitive environment while simultaneously cordial and diplomatic.

ConsConstant, every ten year, restructuring.

Advice to Senior ManagementShort term assignments for staff just create a sense of insecurity. Its better to have a five year term minimum.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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STC Summer 2013

Short-term Consultant (STC) (Former Employee)
Addis Ababa (Ethiopia)

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

ProsSalary net of tax
Additional per diem
Good accommodation and facilities given the office is located in a very under-developed country

ConsToo bureaucratic
Approval process takes too long

Yes, I would recommend this company to a friend

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  • Culture & Values
         
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Good for work, bad for interns..

Anonymous Employee (Current Employee)

I have been working at The World Bank as an intern

Prosgreat culture. People from around the globe work here and everyone is pretty nice and helpful. Also I guess the pay for a staff is great because they carry LV bags around.

Cons=( no pay for interns

Advice to Senior Managementless working hours, better HR system

Yes, I would recommend this company to a friend

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  • Culture & Values
         
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Great experience but hard to get promotions

Anonymous Employee (Former Employee)

I worked at The World Bank

ProsGood salary, nice environment, and great place to make networking.

ConsToo much old-school employees, which makes the changes harder.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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1 person found this helpful  

Don't join unless you are a political animal

Anonymous Employee (Former Employee)

I worked at The World Bank for more than 5 years

ProsYou feel you're a part of a greater mission and making a difference in the world. You feel proud to work with so many MBAs and PhDs. Salary and benefits used to be very competitive. Recent changes were for worse but they're still good.

ConsHR is pre-historical and does not practice what they preach. As a general, appointments are biased by relations and hidden agendas, with managers manipulating normal recruiting processes to appoint preferred candidates. Very little opportunities to young staff, better join at a later point in the career, as it becomes stagnant.

Advice to Senior ManagementTransparency please. Don't burn out staff who disagree with you. There is intelligence and diverse perspectives/opinions.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Consultant

Consultant (Current Employee)
Washington, DC (US)

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

Prosgood number of holidays/time off

Consnot many opportunities for job advancement

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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