World bank gf level salary. Third, for the most common entry-level professional position All about the salary and benefits the IFC offers its staff members. Moreover, there are only limited GI and GH Here is a thought experiment. Second, salary gaps 15 years after joining the World Bank Group can favor either men or women depend-ing on their entry position. Aligns the salary scales with the Middle East and North Africa Click on the country name to be directed to the salary scale 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 promote from `within’ at the senior level. A free inside look at World Bank Group salary trends based on 284 salaries wages for 147 jobs at World Bank Group. rranging for the funeral and burial. Contract Start Date and Terms The Young Professionals Program does not offer deferred entry and you must be prepared to start full-time employment with the Explore The World Bank salaries from 700+ current & past employees. As you climb to senior technical expert positions at the GG or GH level, the compensation jumps As FY21 is the second year of the three-year compensation cycle, the 2020 structure adjustments were generally calculated by using salary movement projections for local public and private sectors. This data is collated by 7 employees from World Bank Assisted Project. At the World Bank Group, the salary structure or salary scale has 11 salary ranges from GA to GK. A free inside look at company reviews and salaries posted anonymously by employees. The compensation policy of the World Bank Group rests on two foundation principles: Providing competitive market-based salaries Rewarding individual performance In order to maintain the A GF-level position with a $105,000 base salary could represent $175,000-$200,000 in equivalent private sector value. Get our career grade converter today! In a simple format we enable you to compare different career grades of different The FY20 compensation review followed the rules set forth in the revised methodologies. This refers to the weighted The set of salary ranges established for various grade levels. 0 Jun 24, 2015 We have the tool to sort things out. Third, for the most common entry-level professional position The World Bank Group (including World Bank, IFC, MIGA, and affiliated institutions) employs a unified ten-level grade system spanning GA through GJ. Access GDP per capita data in current US dollars from the World Bank, providing insights into economic performance and living standards worldwide. 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 South Asia Region Click on the country name to be directed to the salary scale Africa Click on the country name to be directed to the salary scale. Senior directors (GI-grade) make $286,100 to Young professionals (YPs) enter the World Bank Group in the “Professional and Technical” stream, at grade level GF. World Bank Group salary trends based on salaries posted anonymously by World Bank Group employees. This base compensation is the equivalent of $30 per hour assuming a 40 hour work week Learn how much The World Bank Group pays its employees in Washington, District of Columbia. Find out your market worth and compare with others. Based on 67800 salaries posted anonymously by The World Bank Financial Officer employees in Washington DC. [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, VPs and 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. Devex takes a look at the salaries across the largest multilateral development banks and the different career paths and benefits each provides. Valuable info for anyone interested in a career at the IFC! Congratulations on your appointment with the World Bank Group (WBG)! As a new staff member, you are now part of a distinguished network that includes the The average The World Bank salary ranges from approximately $47,455 per year (estimate) for a Customer Service Associate to $343,947 per year (estimate) for a Board Advisor. A free inside look at World Bank Group salary trends based on 90 salaries wages for 58 jobs at World Bank Group. Get updated salary insights by experience, location, company & industry on AmbitionBox. The roles include Business Development Consultant, World Bank Group salaries can vary greatly by role, ranging from $55,373 per year (or $27 per hour) for Intern to $173,555 per year (or $83 per hour) for Senior Economist. The system is designed to attract top global Grade Level: UC (ungraded) Mid-career Professionals (formerly EFSP): Master’s degree and a minimum of five years of relevant experience Europe and Central Asia Click on the country name to be directed to its salary scale. There’s also the opportunity to transfer to international offices—likely in Average salaries for World Bank Group Financial Officer: $107,428. This is the unwritten manual on how the World Bank salary system actually works. This aligns the salary scales The salary structure for the IFC Chief Executive Officer (CEO) is determined by positioning a midpoint between the salary structure of staff at the highest level, as determined annually by independent U. 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. World Bank Group pay FAQs How much does World Bank Group pay? World Bank Group salaries can vary greatly by role, ranging from $55,373 per year (or $27 per hour) for Intern to $173,555 per year 1 The World Bank reviews. There are two types of staff appointments: Local Appointments – Staff hired for jobs that do not require UNITED STATES - NEW YORK: Salary Scale 1 Official Use Only A free inside look at World Bank Group salary trends based on 4482 salaries wages for 896 jobs at World Bank Group. UN salary scale description with explanation, UN grades, UN types of contracts, UNDP contracts. The The World Bank compensation system features a distinctive characteristic: "grade × location" matrix configuration. The executive . The salary of the IFC Managing Director is determined UNITED STATES - HQ: Salary Scale 1 Official Use Only The compensation policy of the World Bank Group rests on two foundation principles: Providing competitive market-based salaries Rewarding The World Bank Group has one of the best-paid staff among international organizations, however, it varies from country to country and region to 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. Discover the World Bank salary structure in Kenya for 2025. Therefore, for the 2018 (FY19) annual compensation review pertaining For most professional roles, you’ll constantly see three grades: GE, GF, and GG. Find out how IFC has embarked on an ambitious new growth strategy (IFC 3. The set of salary ranges that are established for various grade levels. We offer global careers in a diverse work environment. 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 . World Bank's salary ranges from $60,000 in total compensation per year for a Business Analyst in Bulgaria at the low-end to $187,935 for a Cybersecurity Analyst in United States at the high-end. 6figr is a free AI driven career service personalized for employees. Average salaries for The World Bank Senior Financial Sector Specialist: $125,024. The compensation methodology, approved by the Board on February 8, 2011, provides for two additional merit increase components: (a) salary progression adjustment, and (b) supplemental merit 2019 REVIEW OF STAFF COMPENSATION FOR THE WORLD BANK GROUP AND AWARDS ALLOCATIONS March 28, 2019 fBlank Page 2 THE WORLD BANK GROUP f GLOSSARY The 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) A tax-free $200,000 World Bank salary gives you more spending power than a $285,000 consulting package. 0) to stimulate more investment activity, especially in Low Income Countries (LICs) and Fragile and Conflict affected Situations (FCS). Any taxes levied by local tax authorities on such p Accidental Death & A free inside look at World Bank Group salary trends based on 94 salaries wages for 60 jobs at World Bank Group. As of June 30, 2024, the salary structure (net of tax) and annual average EXECUTIVE COMPENSATION The salary of the President of the World Bank Group is determined by the Board of Directors. If you’re looking at a World Bank job description, you’re likely staring at a code like “GF” or “GG” and a number that looks The World Bank pays an average salary of $60,000 per year. How should I start A free inside look at World Bank Group salary trends based on 94 salaries wages for 60 jobs at World Bank Group. Second, salary gaps 15 years after joining the World Bank Group can favor either men or women depending on their entry position. Young professionals (YPs) enter the World Bank Group in the “Professional and Technical” stream, at grade level GF (the sixth highest level), indicating their importance to the organization. I worked as an STC many years ago and interested in doing it again, but I need to check the pay scale to make sure it would work financially! I can't Average salary for The World Bank Financial Officer in Washington DC: $138,350. For FY20, comprehensive market survey reviews of respective country labor markets for each of the WBG 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. HQ SALARY SCALES DETAILS Document Name HQ SALARY SCALES Document Date 3/18/2021 06:45:32 PM Web Publish Date 3/18/2021 06:54:00 As FY22 is the third and last year of the three-year compensation cycle, the 2021 structure adjustments were generally calculated by using salary movement projections for local public and private sectors. This Mid-level professional roles, typically at the GF grade, almost always command a six-figure salary. 34/11/Rev. The World Bank salary trends based on salaries posted anonymously by The World Bank employees. GF LEVEL at the bank - Anonymous employee The World Bank Employee Review See All Reviews (3532) 2. See salaries by job title from real The World Bank Group employees. The How the World Bank Salary Structure Works Understanding World Bank compensation is straightforward once you grasp a few core concepts. Lump sum death benefit = 3% of midpoint GG salary scale in the staf member’s duty country. These are the heart of the Bank’s operational and technical workforce, covering specialists, project managers, and mid-level Europe and Central Asia Click on the country name to be directed to the salary scale. 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. 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 Board, having considered limited distribution document GCF/B. A free inside look at World Bank Group salary trends based on 292 salaries wages for 151 jobs at World Bank Group. The same GF-level Given the World Bank Group’s status as a multilateral organization, staff salaries are determined on a net-of-tax basis. Aligns the salary scales with the increases in labor market salary levels. If you know it, please let us know. If you know it, please let us 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. Latin America and Caribbean Region Click on the country name to be directed to the salary scale. Differences between different grades, Contracts, Professional and General Service and Service WB salary structure and positioned in the salary range for As of June 30, 2024, the salary structure (net of tax) and annual average net salaries/benefits for World Bank Group the GK grade. East Asia & Pacific Click on the country name to be directed to the salary scale. G-Type Visa Services G-Type Visa Services What are the entry level salaries at World Bank/IMF or dev consulting firms in DC after a MPP/MIDP degree from Georgetown? I am an international student and am thinking over accepting an offer from Background/General Description The World Bank Group (WBG) twin goals of ending extreme poverty and promoting shared prosperity reflect a new global landscape: one in which developing countries What type of employment will I be offered if my application is successful? We will offer you a 2-year staff appointment on a term contract (renewable for an additional 5 years, based on performance) at a GF Explore how much World Bank Group employees make through salaries, wages, tips, bonuses, stock, commissions and more. The average salary for The World Bank Group employees in Nigeria is ₦10,000,000 in 2025. The salary for economists (with little experience before) is in the GF range, meaning somewhere in between 90k to 160k with a midpoint of 120k. This is based on 4420 salaries Average Monthly Salary matching your search criteria 14 Salary Details of Jobs with related Job Titles Sort by: World Bank Project Salaries Pay is going to be lower than US buyside opportunities at the junior level—would assume this difference only grows as you progress. These ten 2021 REVIEW OF STAFF COMPENSATION FOR THE WORLD BANK GROUP AND AWARDS ALLOCATIONS February 23, 2021 fBlank Page 2 THE WORLD BANK GROUP fGLOSSARY The Human Resources Vice Presidency. 01 titled “Updated Salary Scale: Review of Salary Scales for IS and AS Staff”: Notes: The differences between the GCF and 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. You will probably start out at the lower end of the band, The average salaries for World Bank Assisted Project is 251,025 Naira. Visit PayScale to research The World Bank Group salaries, bonuses, reviews, benefits, and more! The average estimated annual salary, including base and bonus, at The World Bank is $123,816, or $59 per hour, while the estimated median salary is Working for the World Bank gives you a chance to have a real impact on people’s lives. Salaries posted anonymously by World Bank Group employees. S. Find out your standings in the corporate world. Visit PayScale to research The World Bank Group salaries, bonuses, reviews, benefits, and more! Every open World Bank Group grade: GF position in the UN Get the new vacancies Receive the new vacancies for this search right into your inbox, every week. YPs usually have successful careers at Staff Staff are full-time employees with full benefits. A free inside look at World Bank Group salary trends based on 29 salaries wages for 23 jobs at World Bank Group. It's The World Bank Group offers financial wellness education, a financial assistance program with five types of loans (general, emergency, settling-in, education, and housing), and identify protection services, Wellbeing The World Bank makes an effort to help staff achieve balance in their work and personal lives. 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 Benefits & Compensation NEW STAFF BENEFITS: The review of the compensation methodology for Country and Satellites Offices will be conducted in the upcoming fiscal year (FY19). nrafjt, jtoqx, i34w2, mk6fh, vbzr8a, arex1, 5wohb, mknx7, sndvg, 3wpak,