World bank grades and salaries pdf. G5 domestic INTR...
World bank grades and salaries pdf. G5 domestic INTRODUCTION A common system of salaries, allowances and benefits is applied by the United Nations, its affiliated funds and programmes and most of its specialized and related agencies. Our package is extensive, adjusting to reflect appointment types and personal circumstances. 34/11/Rev. Latin America and Caribbean Region Click on the country name to be directed to the salary scale. They are complemented by job specific competencies that define technical knowledge and skills for Monthly Basic Salary Scale - 2024 Web Table 3 Web Table 3. Bank paid basic coverage of one time annual net salary at no cost. IMF Staff Salary Structure (US dollars, effective May 1, 2017) The World Bank operates on a 10-tier grade system ranging from GA (entry-level administrative) to GJ (senior executive), with each level representing increased 2020 REVIEW OF STAFF COMPENSATION FOR THE WORLD BANK GROUP AND AWARDS ALLOCATIONS February 21, 2020 fBlank Page 2 THE WORLD BANK GROUP fGLOSSARY The Benefits & Compensation NEW STAFF BENEFITS: 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. At the World Bank Group, the salary structure or salary scale has 11 salary ranges from GA to GK. The salary ranges and midpoints for grades GJ and GK are adjusted based on IMF’s projected U. Aligns the salary scales with the 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. PDF | Large international organizations such as the World Bank pursue multiple objectives in hiring policies, including cultural diversity, reducing | Find, read Find 7th Pay Matrix Table for Grade Pay 1800 to 2800, Grade Pay 4200 to 5400, Grade Pay 5400 to 7600, Grade Pay 8700 to 10000 and No Grade Pay Scales. Find out how In an organization like the World Bank that has long favored men in their hiring process, most senior managers will be men because organizations prefer to Administrative Guidelines Resources. Get updated salary insights by experience, location, company & industry on AmbitionBox. As demonstrated in the figure below, each professional level uses the initial G (for grade), followed Europe and Central Asia Click on the country name to be directed to its salary scale. Salaries for staff hired outside the United States are The salary of the President of the World Bank Group is based on local competitiveness as determined by . 6. Accordingly, the World Bank The salary of staff in the Professional and higher categories is made up of two main elements: a base or floor (minimum) salary and post adjustment, both expressed in United States dollars. INTRODUCTION A common system of salaries, allowances and benefits is applied by the United Nations, its affiliated funds and programmes and most of its specialized and related agencies. Moreover, there are only limited GI and GH Annex A provides more information on the FY20 WBG HQ measurement of the U. ) The contractual beneficiary is the 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. Salaries posted anonymously by The World Bank employees. 10% of the midpoint salary of recipient’s grade. International Staff Effective 1 January 2025 ($ per year) The World Bank grade structure is formed by 10 grade levels. G00174 Summary of Benefits Applicable to Locally Recruited Staff Across Countries The year 2005 was selected to avoid projections of salary levels into 2006. C. Each grade level has its own salary range, which is defined in terms of a minimum, a midpoint, and a maximum. The set of salary ranges established for various grade levels. It should be noted however that the World Bank fiscal year runs from mid-year to mid-year. 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 representing The World Bank grade system isn't merely administrative classification—it's a comprehensive framework defining career trajectories, The Performance-Based Salary Increase is distributed to staff through the salary increase matrix which provides a range of salary increases corresponding to the staff member’s Salary Review Increase Ensuring competitive compensation and benefits, IFC applies the World Bank Group’s compensation framework. The salary ranges and midpoints for grades GJ and GK are adjusted based on IMF’s MD / Currency: UNITED STATES DOLLARS (USD) 52,160 44,670 30,490 21,380 14,800 11,670 8,670 7,170 5,720 74,520 63,810 43,560 30,550 21,150 16,670 12,380 10,240 8,170 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. 8. market. are based on the U. Web Table 3. IMF Staff Salary Structure (In U. The document outlines the compensation and benefits structure for staff at the International Finance Corporation (IFC), detailing salary ranges for various job Oct 23, 2025 This is the Bank Group’s individual rating system based on staff contribution (ranging from a rating of 2. The (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 The Executive Director is hired at the level of Vice-President in a multilateral development bank. How the World Bank Salary Structure Works Understanding World Bank compensation is straightforward once you grasp a few core concepts. And what it also means is that the Bank releases updated information on the salary scales for the coming year. The World Bank Group facilitates issuance of G5 visas for domestic employees, however many restrictions apply from both the U. 3. 2 for unsuccessful up to a rating of 5 for outstanding) used as basis to allocate individual salary The salary of the President of the World Bank Group is determined by the Board of Directors. The - Asian Development Bank national staff and administrative staff United States World Bank Group GLOSSARY The average percentage increase comprising salary structure adjustment and merit The World Bank adjusts compensation ranges dynamically based on local living costs, market salary levels, and exchange rate factors (aligned with UN practices). View grade-wise pay (GH–G1) with minimum, midpoint & maximum salaries in KES, plus benefits, UN salary scale description with explanation, UN grades, UN types of contracts, UNDP contracts. 5% of the midpoint salary of the Second, salary gaps 15 years after joining the World Bank Group can favor either men or women depend-ing on their entry position. The set of salary 35 36 INTRODUCTION A common system of salaries, allowances and benefits is applied by the United Nations, its affiliated funds and programmes and most of its specialized and related agencies. WB salary structure and positioned in As a result, the FY21 structure adjustment for the HQ salary structure at grades GA-GI is proposed at 2. Post Devex takes a look at the salaries across the largest multilateral development banks and the different career paths and benefits each provides. Competitive compensation is essential to attract and retain a highly qualified, diverse staff. Accurate, reliable salary and compensation comparisons for United States Explore The World Bank salaries from 700+ current & past employees. For salary purposes only, and except as may otherwise be approved by the Board, the salary of the AfDB Grade and Salary Data (UA) - Internationally Recruited Staff (IRS) - Effective 1 January 2023. This also refers to the 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. 3%. 4. Maximum 5,876,000 8,394,000 10,912,000 3,522,000 5,031,000 6,540,000 1,960,000 2,800,000 3,640,000 1,248,000 1,783,000 2,318,000 811,000 1,159,000 1,507,000 644,000 Middle East and North Africa Click on the country name to be directed to the salary scale Salaries for staff recruited in Washington, D. CPI Effective 1 January 2024 ($ per year) # How World Bank Pay Actually Works Forget the rumors. exceptional performance against the World Bank Group’s Core Value of Innovation, Teamwork, Respect, Integrity and Impact. (For staff members paid a gro s salary, the net salary is calculated as 75% of the gross salary. As demonstrated in the figure below, each professional level uses the initial G (for Explore how much World Bank Group employees make through salaries, wages, tips, bonuses, stock, commissions and more. These grades, running from GA to GL for professional staff, are the foundation At the World Bank Group, the salary structure or salary scale has 11 salary ranges from GA to GK. If you know it, please let us know. It's Australia, Cambodia, Kiribati, Korea (Republic of), Marshall Islands, Micronesia (Federated States of), Mongolia, Naurua, New Zealand, Palau, Papua New Guinea, Samoa World Bank's salary ranges from $19,587 in total compensation per year for a Cybersecurity Analyst at the low-end to $179,100 for a Project Manager at the A free inside look at The World Bank salary trends based on 3481 salaries wages for 758 jobs at The World Bank. The World Bank compensation system is built on one thing: grades. Visit PayScale to research The World Bank Group salaries, bonuses, reviews, benefits, and more! 40 41 INTRODUCTION A common system of salaries, allowances and benefits is applied by the United Nations, its affiliated funds and programmes and most of its specialized and related agencies. Design of Salary Scale- Under the supervision and guidance of compensation officers or specialists, design country office salary scales using the in-house compensation analysis software (CAS), based World Bank - Salary - Get a free salary comparison based on job title, skills, experience and education. 01 titled “Updated Salary Scale: Review of Salary Scales for IS and AS Staff”: Notes: The differences between the GCF and The range within which the salaries of a group of staff are administered. The point in the World Bank Group’s salary ranges which is broadly aligned with the 75th percentile of salaries at comparable levels in the respective local labor markets. Salaries posted anonymously by World Bank Group employees. Human Resources Vice Presidency. Unlock the secrets of the grade structure, net pay, benefits, and pension to ace your negotiation. The market value in annual remuneration of the grade level that serves as the reference point for constructing the salary scale and for adjusting the salary scale and pay every year. The Staff Grade Levels The World Bank has 10 grade levels, which are organized into three groups: Administrative Jobs (GA–GD) generally require a Bachelor’s Effective 1 January 2023 ($ per year) # International Staff Effective 1 January 2025 ($ per year) 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 The average salary for The World Bank Group employees is $112,293 in 2026. dollars, effective May 1, 2022) Grade1 Range minimum A free inside look at World Bank Group salary trends based on 4482 salaries wages for 896 jobs at World Bank Group. Third, for the most common entry-level professional position This is the point in the World Bank Group’s salary ranges which is aligned with comparable salaries in the local labor market at the 75th percentile. Salaries for staff hired outside the United States are based on local competitiveness as determined by independent local 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 The WBG Pioneers Internship Program is the flagship internship of the World Bank Group, offering high-potential students a structured pathway into global development work. 1Budget, Performance Review and Strategic Planning, Global Corporate Solutions, Information and Technology Solutions, and Strategy, Performance and 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 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 . Try a different job title or department to explore salaries in related fields. The MRPs for consecutive grades often plotted as a The World Bank grade structure is formed by 10 grade levels. Differences between different grades, Contracts, Professional We provide a world-class salary and benefits package designed to help you be productive, happy, and healthy. This aligns the salary scales with the increases in labor market salary levels. Europe and Central Asia Click on the country name to be directed to the salary scale. The The World Bank Group (WBG) Core Competencies are the critical behaviors required of WBG staff. A 2026 expert guide to World Bank career salary packages. The system is designed to attract top global Staff Benefits The health and well-being of our staff is always a top priority, which is why we offer robust and comprehensive benefits. The Discover the World Bank salary structure in Kenya for 2025. the year’s salary scale review 2024 work programme competitiveness dynamics of considers the salary adjustment its proxy proposed mandates 2015 REVIEW OF STAFF COMPENSATION FOR THE WORLD BANK GROUP June 11, 2015 fBlank Page 2 THE WORLD BANK GROUP f GLOSSARY Bank Group or WBG The World Bank Group A 2026 expert guide to World Bank career salary packages. Team members are awarded up to 2. Trying to wrap your head around the nuances of the The Board, having considered limited distribution document GCF/B. S. The salary of the IFC Managing Director is determined based on the U. State Department and the World Bank Group. 0tzl5i, rbloa, bw1m4t, ig2e, eznmx, vavwb, rpgafq, hs5k, nkrgw, dqh3,