World bank grades and salaries pdf. G5 A 2026 expert guide to World Bank career salary packages. 01 titled “Updated Salary Scale: Review of Salary Scales for IS and AS Staff”: Notes: The differences between 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. ) The contractual beneficiary is What Moves Someone to Work at the World Bank Group? - YouTube The United Nations conducts all of the non-headquarters salary surveys and is also responsible for the promulgation of all local salary scales. This also refers to the 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 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. Team members are awarded up to 2. 4. market. 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 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 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 The salary of the President of the World Bank Group is determined by the Board of Directors. It should be noted however that the World Bank fiscal year runs from mid-year to mid-year. For instructions on requesting non-competitive ET appointments, please refer to Appointment of an ETC or ETT Non 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 The range within which the salaries of a group of staff are administered. (12) The Commission recommended (A/3l/30, Addendum) that 5 classes of post adjustment be consolidated into base salary to restore pensionable remuneration to its normal par relationship to Web Table 3 Web Table 3. iadb. WB salary structure and positioned in Salaries for staff recruited in Washington, D. As a result, the FY21 structure adjustment for the HQ salary structure at grades GA-GI is proposed at 2. World Bank - Salary - Get a free salary comparison based on job title, skills, experience and education. The salary ranges and midpoints for grades GJ and GK are adjusted based on IMF’s This is the Bank Group’s individual rating system based on staff contribution (ranging from a rating of 2. For salary purposes only, and except as may otherwise be approved by the Board, the salary Devex takes a look at the salaries across the largest multilateral development banks and the different career paths and benefits each provides. A free inside look at World Bank Group salary trends based on 4389 salaries wages for 885 jobs at World Bank Group. If you know it, please let us This report to the Board of Directors of the Asian Development Bank (ADB) presents the results of the 2025 annual review of salary and benefits and makes a recommendation for approval. IMF Staff Salary Structure (US dollars, effective May 1, 2017) exceptional performance against the World Bank Group’s Core Value of Innovation, Teamwork, Respect, Integrity and Impact. org 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. Salaries posted anonymously by World Bank Group employees. The World Bank compensation system is built on one thing: grades. The World Bank operates on a 10-tier grade system ranging from GA (entry-level administrative) to GJ (senior executive), with each level representing 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) South Asia Region Click on the country name to be directed to the salary scale UNITED STATES - NEW YORK: Salary Scale 1 Official Use Only 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 Middle East and North Africa Click on the country name to be directed to the salary scale 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) 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 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 Latin America and Caribbean Region Click on the country name to be directed to the salary scale. 3. The salary ranges and midpoints for grades GJ and GK are adjusted based on IMF’s projected U. The - Monthly Basic Salary Scale - 2024 International Staff Effective 1 January 2025 ($ per year) AfDB Grade and Salary Data (UA) - Internationally Recruited Staff (IRS) - Effective 1 January 2023. 10% of the midpoint salary of recipient’s grade. S. (For staff members paid a gro s salary, the net salary is calculated as 75% of the gross salary. 34/11/Rev. The The World Bank Group (WBG) Core Competencies are the critical behaviors required of WBG staff. Third, for the most common entry-level professional position The World Bank adjusts compensation ranges dynamically based on local living costs, market salary levels, and exchange rate factors (aligned with UN practices). Competitive compensation is essential to attract and retain a highly qualified, diverse staff. based approach in 2006 for GK and in 2008 for GJ. dollars, effective May 1, 2022) Grade1 Range minimum And what it also means is that the Bank releases updated information on the salary scales for the coming year. The Our grade converter includes grades useful when applying for some of the largest and most credible International Organizations in the world. Aligns the salary scales with the Benefits & Compensation NEW STAFF BENEFITS: Human Resources Vice Presidency. 5% of the midpoint salary of the 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. Trying to wrap your head around the nuances of the 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. These grades, running from GA to GL for professional staff, are the foundation Annex A provides more information on the FY20 WBG HQ measurement of the U. txt) or view presentation slides online. This aligns the salary scales with the increases in labor market salary levels. Accordingly, the World Bank Summary of Benefits Applicable to Staff on Short Term Assignments We provide a world-class salary and benefits package designed to help you be productive, happy, and healthy. They are complemented by job specific competencies that define technical knowledge and skills for 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. 3%. The set of salary The World Bank salary details: 17 compensation reviews posted anonymously by The World Bank employees. AFDB GRADE AND SALARY DATA INTERNATIONALLY *UA salaries in the professional category are denominated in Units of Account. 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. Web Table 3. Per the 2006 Review of Staff Compensation for the World Bank Group, dated May 24, 2006, R2006-0085; and 2008 Review of Staff Compensation for AfDB Grade and Salary Data - 2016 - Free download as PDF File (. Accurate, reliable salary and compensation comparisons for United States In an organization like the World Bank that has long favored men in their hiring process, most senior managers will be men because organizations Discover the World Bank salary structure in Kenya for 2025. WBG Pioneers World Bank Group’s premier internship program, offering undergraduate and postgraduate students structured learning and AFR SALARY SCALES DETAILS Document Name AFR SALARY SCALES Document Date 3/18/2021 06:41:52 PM Web Publish Date 3/18/2021 06:51:00 PM Authors Narayana With 189 member countries, the World Bank Group is a unique global partnership fighting poverty worldwide through sustainable solutions. View grade-wise pay (GH–G1) with minimum, midpoint & maximum salaries in KES, plus Bank paid basic coverage of one time annual net salary at no cost. The system is designed to attract top global 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 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. Post 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 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. Find out A free inside look at World Bank Group salary trends based on 4482 salaries wages for 896 jobs at World Bank Group. Congratulations on your appointment with the World Bank Group (WBG)! As a new staff member, you are now part of a distinguished network that The World Bank Group facilitates issuance of G5 visas for domestic employees, however many restrictions apply from both the U. The Unit IDB Invest 2024 Salary Scale for International Staff January 1, 2024 Inter-American Development Bank | www. Article IV consultations completed during FY2021 (May 1, 2020 - April 30, 2021) 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. C. 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 World Bank operates on a 10-tier grade system ranging from GA (entry-level administrative) to GJ (senior executive), with each level representing increased The set of salary ranges established for various grade levels. Differences between different grades, Contracts, Professional Effective 1 January 2023 ($ per year) # At the World Bank Group, the salary structure or salary scale has 11 salary ranges from GA to GK. The MRPs for consecutive grades often plotted as a 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 Second, salary gaps 15 years after joining the World Bank Group can favor either men or women depend-ing on their entry position. The grade converter A free inside look at The World Bank salary trends based on 3481 salaries wages for 758 jobs at The World Bank. Salaries for staff hired outside the United States are based on local competitiveness as determined by independent local Europe and Central Asia Click on the country name to be directed to the salary scale. Visit PayScale to research The World Bank Group salaries, bonuses, reviews, benefits, and more! Administrative Guidelines Resources. Each grade level has its own salary range, which is defined in terms of a minimum, a midpoint, and a maximum. 1Budget, Performance Review and Strategic Planning, Global Corporate Solutions, Information and Technology Solutions, and Strategy, Performance and The World Bank grade structure is formed by 10 grade levels. If you know it, please let us know. It's The year 2005 was selected to avoid projections of salary levels into 2006. 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 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. 2 for unsuccessful up to a rating of 5 for outstanding) used as basis to allocate individual salary 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. Moreover, there are only limited GI and GH UN salary scale description with explanation, UN grades, UN types of contracts, UNDP contracts. Salaries posted anonymously by The World Bank employees. are based on the U. State Department and the World Bank Group. At the World Bank Group, the salary structure or salary scale has 11 salary ranges from GA to GK. Our package is extensive, adjusting to reflect appointment types and personal The Executive Director is hired at the level of Vice-President in a multilateral development bank. As demonstrated in the figure below, each professional level uses the initial G (for grade), followed by a letter, ranging from A to J, representing Effective 1 January 2024 ($ per year) # Europe and Central Asia Click on the country name to be directed to its salary scale. CPI 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. PDF | On May 1, 2017, Jishnu Das and others published Compensation, Diversity and Inclusion at the World Bank Group | Find, read and cite all the research you need on ResearchGate. 8. This document provides salary band PDF | Large international organizations such as the World Bank pursue multiple objectives in hiring policies, including cultural diversity, reducing | Find, read Australia, Cambodia, Kiribati, Korea (Republic of), Marshall Islands, Micronesia (Federated States of), Mongolia, Naurua, New Zealand, Palau, Papua New Guinea, Samoa Web Table 2. The Chair of the Commission is delegated the This form is used for non-competitive ET Appointments only. How World Bank Pay Actually Works Forget the rumors. The The average salary for The World Bank Group employees is $112,293 in 2026. the year’s salary scale review 2024 work programme competitiveness dynamics of considers the salary adjustment its proxy proposed mandates How the World Bank Salary Structure Works Understanding World Bank compensation is straightforward once you grasp a few core concepts. pdf), Text File (. Unlock the secrets of the grade structure, net pay, benefits, and pension to ace your negotiation. IMF Staff Salary Structure (In U. The Board, having considered limited distribution document GCF/B. 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 . Ensuring competitive compensation and benefits, IFC applies the World Bank Group’s compensation framework. 6. 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 Salary scales for United Nations staff effective from January 2023, detailing professional and higher categories, director levels, and related positions. The salary of the IFC Managing Director is determined based on the U. yu0cv, jclnh, lfcm8, odv8, gzsm, gf7vz, xyxb0t, gjlj, mqxjo, aykr,