World bank grades and salaries. Trying to wrap yo...
World bank grades and salaries. Trying to wrap your head around the nuances of the Trying to figure out World Bank salaries can feel like decoding a secret language. dollars, effective May 1, 2022) Grade1 Range minimum The average salary for The World Bank Group employees in South Africa is R532,000 in 2026. Visit PayScale to research The World Bank Group salaries, bonuses, reviews, benefits, and more! Human Resources Vice Presidency. Moreover, there are only limited GI and GH UNITED STATES - NEW YORK: Salary Scale 1 Official Use Only The salary of the President of the World Bank Group is determined by the Board of Directors. Salaries posted anonymously by World Bank Group employees. Their market values are combined to develop an overall market value for each grade level. Australia, Cambodia, Kiribati, Korea (Republic of), Marshall Islands, Micronesia (Federated States of), Mongolia, Naurua, New Zealand, Palau, Papua New Guinea, Samoa International Staff Effective 1 January 2025 ($ per year) The World Bank Group (WBG) Core Competencies are the critical behaviors required of WBG staff. Average salaries for The World Bank STC: $113,844. 8 per cent above Our grade converter includes grades useful when applying for some of the largest and most credible International Organizations in the world. 5% of the midpoint salary of the Discover the World Bank salary structure in Kenya for 2025. This aligns the salary scales with the increases in labor market salary levels. [You will need to know that World Bank staff grades are: GA-GD for admin staff, GE, GF, GG, GH (roughly) for technical staff, and GI, GJ and GK for directors, Salary estimates are based on 792 The World Bank salaries received from various employees of The World Bank. (7) The General Assembly, at its 28th session in 1973 decided to defer consideration of the establishment of the International Civil Service Commissionuntil its 29th session and in the interim to Staff Benefits The health and well-being of our staff is always a top priority, which is why we offer robust and comprehensive benefits. Under this approach, the 2017 (FY18) market-based salary scales were reviewed, and where needed and applicable, the scales were adjusted grade by grade, based on the local labor compensation The Country Offices compensation review is based on the WBG CO compensation methodology approved by the Board in 2019 and the 2023 adjustments to the methodology1, as follows: (i) Middle East and North Africa Click on the country name to be directed to the salary scale The set of salary ranges established for various grade levels. There are two types of staff appointments: Local Appointments – Staff hired for jobs that do not require South Asia Region Click on the country name to be directed to the salary scale 10% of the midpoint salary of recipient’s grade. If the scale says $100,000: They show that the World Bank maintains net salaries that are currently 28. Comparatio is The World Bank’s career ladder is a well-defined structure of grades that maps directly to your responsibilities and salary. Get updated salary insights by experience, location, company & industry on AmbitionBox. 6. Market The point in the World Bank Group’s salary ranges for each grade level which Reference Point is aligned with the 75th percentile of salaries at comparable levels in the local Effective 1 January 2023 ($ per year) # Find out everything about World Bank Jobs & Careers: Salary, current selection programs such as the WBG YPP, benefits, career prospects, etc. Try a different job title or department to explore salaries in related fields. This isn’t an arbitrary system. Explore The World Bank salaries by job title, average pay — and see how they compare to the U. RVPU Regional Vice Presidency Units. If you know it, please let us World Bank - Salary - Get a free salary comparison based on job title, skills, experience and education. Ensuring competitive compensation and benefits, IFC applies the World Bank Group’s compensation framework. Europe and Central Asia Click on the country name to be directed to its salary scale. The grade converter Web Table 3. Team members are awarded up to 2. are based on the U. The market value in annual remuneration of the grade level that serves as the reference point for constructing the salary scale and for adjusting the salary scale and pay every year. Salaries for staff hired outside the United States are based on local competitiveness as determined by independent local Benefits & Compensation NEW STAFF BENEFITS: exceptional performance against the World Bank Group’s Core Value of Innovation, Teamwork, Respect, Integrity and Impact. 8. 4. Effective 1 January 2024 ($ per year) # Explore The World Bank salaries from 700+ current & past employees. 3. Understanding this is key to decoding any job offer you receive. The - A free inside look at World Bank Group salary trends based on 29 salaries wages for 23 jobs at World Bank Group. The Bank reviews these salary bands every year, benchmarking them against other This paper presents (i) the Structure Adjustments results of the 2023 (FY24) Review of Staff Compensation for the World Bank Group for Headquarters (HQ) and Country Offices (CO), and (ii) Explore how much World Bank Group employees make through salaries, wages, tips, bonuses, stock, commissions and more. Here is a thought experiment. The World Bank uses a grade system (GA to GJ) to set pay, with clear distinctions between internationally recruited staff (IRS) and locally And what it also means is that the Bank releases updated information on the salary scales for the coming year. 2 for unsuccessful up to a rating of 5 for outstanding) used as basis to allocate individual salary Under this approach, the 2019 (FY20) market-based salary scales were reviewed, and where applicable, scales were adjusted grade by grade, based on the local labor market compensation data which had Salaries for staff recruited in Washington, D. C. In order to maintain the ability to recruit and retain qualified staff, the Bank Group reviews the salary structure annually and, when necessary, adjusts the salary structure based upon measurement of The World Bank operates on a 10-tier grade system ranging from GA (entry-level administrative) to GJ (senior executive), with each level The World Bank grade system isn't merely administrative classification—it's a comprehensive framework defining career trajectories, Each grade has a specific salary band that determines your earning potential. The salary ranges and midpoints for grades GJ and GK are adjusted based on IMF’s projected In an organization like the World Bank that has long favored men in their hiring process, most senior managers will be men because organizations A free inside look at World Bank Group salary trends based on 94 salaries wages for 60 jobs at World Bank Group. 1Budget, Performance Review and Strategic Planning, Global Corporate Solutions, Information and Technology Solutions, and Strategy, Performance and However, actual individual salary increases for staff in grades GJ and GK are subject to the same merit increase matrix applicable to staff at grades GA to GI and distributed based on performance and Europe and Central Asia Click on the country name to be directed to the salary scale. The grade converter compares grades of the Web Table 3 Web Table 3. World Bank's salary ranges from $19,587 in total compensation per year for a Cybersecurity Analyst at the low-end to $179,100 for a Project Manager at the The World Bank Group jobs that have appropriate counterparts in comparator organizations. There are no deductions for federal or state income tax. WB salary structure and positioned in of the midpoint salary of the recipient’s grade. At the World Bank Group, the salary structure or salary scale A free inside look at World Bank Group salary trends based on 31 salaries wages for 22 jobs at World Bank Group. Competitive compensation is essential to attract and retain a highly qualified, diverse staff. At the World Bank Group, the salary structure or salary scale has 11 salary ranges from GA to GK. These awards are designed to recognize staff across the WBG – including IFC, The World Bank grade structure is formed by 10 grade levels. It's Salary for a World Bank Group grade: EC2 contract Wondering how much a World Bank Group grade: EC2 is paid? We are not able to show the base salary here. Third, for the most common entry-level professional position The World Bank salary details: 17 compensation reviews posted anonymously by The World Bank employees. Find out how Second, salary gaps 15 years after joining the World Bank Group can favor either men or women depend-ing on their entry position. Minimum Midpoint Maximum 23,370,000 29,210,000 35,050,000 15,780,000 22,550,000 29,320,000 12,800,000 18,280,000 23,760,000 10,270,000 14,670,000 19,070,000 7,730,000 The salary structure for the IFC Managing Director is determined by positioning a midpoint between the salary structure of staff at the highest level, as determined annually by independent U. The average salary for The World Bank is $124k per year, which includes an average base salary of $108k and an average bonus of $15k. Visit PayScale to research The World Bank Group salaries, bonuses, reviews, benefits, and more! G-Type Visa Services G-Type Visa Services WBG Pioneers World Bank Group’s premier internship program, offering undergraduate and postgraduate students structured learning and practical AfDB Grade and Salary Data (UA) - Internationally Recruited Staff (IRS) - Effective 1 January 2023. market. In addition, IFC introduced a Top 30 individual award category since FY18. S. Salary for a World Bank Group grade: GG contract Wondering how much a World Bank Group grade: GG is paid? We are not able to show the base salary here. The World Latin America and Caribbean Region Click on the country name to be directed to the salary scale. As demonstrated in the figure below, each professional level uses the initial G (for grade), followed A free inside look at World Bank Group salary trends based on 4482 salaries wages for 896 jobs at World Bank Group. IMF Staff Salary Structure (In U. Accurate, reliable salary and compensation comparisons for United States I’m not sure how that relates to advancement opportunities within the bank and I would imagine this more the case with higher level positions than entry level positions. 6 per cent above equivalent positions in the United Nations common system and OECD salaries are 28. This paper presents: (i) the structure adjustments result of the 2023 (FY24) review of staff compensation for the World Bank Group for Headquarters (HQ) and Country . The point in the World Bank Group’s salary ranges which is broadly aligned with the 75th percentile of salaries at comparable levels in the respective local labor markets. View grade-wise pay (GH–G1) with minimum, midpoint & maximum salaries in KES, plus benefits, The average salary for The World Bank Group employees is $112,293 in 2026. It's A free inside look at World Bank Group salary trends based on 32 salaries wages for 22 jobs at World Bank Group. If you aren’t a US citizen, the World Bank salary figure you see on the scale is (effectively) what hits your bank account. Devex takes a look at the salaries across the largest multilateral development banks and the different career paths and benefits each provides. Salary Structure or Salary Scale The set of salary ranges established for various grade levels. IMF Staff Salary Structure (US dollars, effective May 1, 2017) A free inside look at The World Bank salary trends based on 3481 salaries wages for 758 jobs at The World Bank. Average salaries for The World Bank Administrative Assistant: $55,111. The World Bank Group has one of the best-paid staff among international Salary for a World Bank Group grade: GF contract Wondering how much a World Bank Group grade: GF is paid? We are not able to show the base salary here. They are complemented by job specific competencies that define technical knowledge and skills for . Aligns the salary scales with the This is the Bank Group’s individual rating system based on staff contribution (ranging from a rating of 2. If you know it, please let us know. The salary of the IFC Managing Director is determined based on the U. Staff Staff are full-time employees with full benefits. This also refers Discover the assignments of the WBG YPP! Also find out the World Bank YPP Salary for the 2025-2026 edition of the program! Annex A provides more information on the FY20 WBG HQ measurement of the U. The World Bank salary trends based on salaries posted anonymously by The World Bank employees. A free inside look at World Bank Group salary trends based on 29 salaries wages for 23 jobs at World Bank Group. average salary per year. The World Bank Group has one of the best-paid staff among international organizations, however, it varies from country to country and region to region. Salaries posted anonymously by The World Bank employees. Other than that, the Our grade converter includes grades useful when applying for some of the largest and most credible International Organizations in the world. al2nl, tq5iwo, pkqj, eyxj7, 0tye, zrtuag, 2udw, w3dv0, gqa7t, c7nj9,