The World Bank

  www.worldbank.org
  www.worldbank.org
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The World Bank Reviews

Updated 19 September, 2014
Updated 19 September, 2014
294 Reviews
3.5
294 Reviews
Rating Trends

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The World Bank President Jim Yong Kim
Jim Yong Kim
98 Ratings

Review Highlights

Pros
  • Work life balance is great, together with the benefits and people (in 19 reviews)

  • The work environment differs greatly within the Bank (in 16 reviews)


Cons
  • Consultants comprise over 60% of the workforce at WBG headquarters, with no benefits or job security (in 13 reviews)

  • No benefits and little job security (in 10 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Consultant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at The World Bank as a contractor for more than 5 years

    Pros

    Good learning, work life balance

    Cons

    carrier risk , budget constraints , limited growth

  2.  

    Amazing experience, but at one's peril

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at The World Bank

    Pros

    Colleagues, challenging work environment, interaction with diverse clients

    Cons

    Lack of leadership & overall risk aversion

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    Competitive, Fast Paced, Great Benefits but not tied to performance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Junior Professional Associate  in  Washington, DC (US)
    Current Employee - Junior Professional Associate in Washington, DC (US)

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

    Pros

    Great Benefits, Staff are the leaders in their field, everyone is highly motivated, hard working, competitive, driven

    Cons

    Slow career progression, not tied to performance but seniority, not always challenging work

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    A fantastic organization to work for with a strong mission and high job satisfaction.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Analyst  in  Washington, DC (US)
    Former Employee - Investment Analyst in Washington, DC (US)

    I worked at The World Bank full-time for more than 3 years

    Pros

    The work is very interesting, and constantly keeps you engaged. The pay package is reasonable, especially given the work-life balance. Travel is a plus as you see different projects and settings.

    Cons

    The office politics and seeing some of your undeserving colleagues get promoted can be painful. The bureaucracy is omni-present and very entrenched. Some people are not very motivated to do work, which is annoying. But by far, office politics is unparalleled.

    Advice to ManagementAdvice

    Please make the organization more meritocratic.

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    Operations Officer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Operations Officer  in  Washington, DC (US)
    Former Employee - Operations Officer in Washington, DC (US)

    I worked at The World Bank full-time for more than 10 years

    Pros

    Great place to learn, develop solutions and make a difference.
    No tolerance for mediocre performance
    A large number of subject matter experts are available to call on. World Bank invests heavily in training and gives opportunities to rotate between different departments. HR will work actively with you to address career as well as personal issues.

    Cons

    Unbelievable high amount of travel. If you are in a different time zone, it does not matter to HQ. 16 hours during travel is routine. Most trips are three weeks long, covering 3-4 countries, making it exhausting.

    Advice to ManagementAdvice

    Have rolling deadlines. Too much bunching of projects at end of each quarter.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Diverse and good place to get started

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Short-term Consultant (STC)  in  Washington, DC (US)
    Current Employee - Short-term Consultant (STC) in Washington, DC (US)

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

    Pros

    Flexibility, diversity, lots of things to work on

    Cons

    No stability. No long term career tragectory

    Advice to ManagementAdvice

    need better mentorship programs

    Recommends
    No opinion of CEO
  8.  

    The World Bank

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Advisor  in  Washington, DC (US)
    Current Employee - Advisor in Washington, DC (US)

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

    Pros

    Diverse, challenging, meaningful work place

    Cons

    Currently downsizing, does not value staff

    Recommends
    Negative Outlook
    No opinion of CEO
  9.  

    Interesting work with intelligent people, but cronyism and office politics kills incentives to follow our mission.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Short-term Consultant (STC)  in  Washington, DC (US)
    Current Employee - Short-term Consultant (STC) in Washington, DC (US)

    I have been working at The World Bank as a contractor for more than 3 years

    Pros

    The work is interesting and the work-life balance is great. My immediate supervisors are very intelligent and capable.

    Cons

    If you work as a consultant you have great uncertainty about job security. Incompetent staff are rarely fired, rather relocated.

    Advice to ManagementAdvice

    The World Bank is too risk averse and there is too little follow-through in evaluating projects and reports. There is quite a bit of repackaging and relabeling of old work to suit the new 'buzzwords' that come up every year or so. There is duplication in knowledge management as well.

    Recommends
    Neutral Outlook
    Approves of CEO
  10. 1 person found this helpful  

    Overall a stimulating and rewarding place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Operations Officer  in  Washington, DC (US)
    Former Employee - Operations Officer in Washington, DC (US)

    I worked at The World Bank full-time for more than 10 years

    Pros

    Much of the job satisfaction derives from the fact that it's a mission-driven organization whose goal is to reduce poverty and raise the standard and quality of living in the poorest countries of the world. And, it is a stimulating intellectual environment - the multitude of issues that the institution works with alone makes it an interesting place to be. It's full of very smart people, very well educated, most of whom are genuinely engaged and care very much about fulfilling the organization's mission. Many, many opportunities to learn, super interesting colleagues, travel, a truly global environment, excellent benefits - maybe not as good as in the past but still in the top tier, including leave policies that model the Europeans more than the Americans.

    Cons

    One's experience here can vary considerably depending on who you're working with. I had almost without exception excellent managers who genuinely, actively supported my professional development. But I have colleagues and friends who didn't have such good fortune. Additionally, it relies excessively on short-term contractors and consultants, it is very difficult (or at least it was, at the time I left) to get a permanent, full-time position. There's also no getting around the fact that it's a bureaucracy, which all large organizations inevitably are, but this one perhaps more so than some corporations because it's literally political: the board of Executive Directors consists of representatives of the member countries, who meet not just once a quarter like many if not most corporate Boards, but rather twice a week in full committee. Geopolitics inevitably drives a fair amount of what happens here, but that's also partly why it's such an interesting and stimulating place to work.

    Recommends
    No opinion of CEO
  11.  

    Good place for PhD students to get hands on experience.

    Former Employee - Short-term Consultant (STC)
    Former Employee - Short-term Consultant (STC)

    I worked at The World Bank as a contractor for less than a year

    Pros

    Quite flexible schedule. It's a good start place for fresh graduates.

    Cons

    I don't have any complaints so far about the jobs that I've done with the Bank.

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