World Bank Gf Grade Salary. Structure Adjustment Supplemental Merit Increase (SMI) Total Merit I

Structure Adjustment Supplemental Merit Increase (SMI) Total Merit Increase (TMI) 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 . EXECUTIVE COMPENSATION The salary of the President of the World Bank Group is determined by the Board of Directors. Regional Vice Presidency Units. 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 degree. The grade converter compares grades of the following organizations: United Nations (UN) European Union (EU) World Bank (WB) International Monetary Fund (IMF) European Bank for Reconstruction and Exit opportunities from DFI-World Bank/IFC in PE? How is experience in Development finance institutes (WB/IFC, AIIB, etc. Salaries posted anonymously by World Bank Group employees. Oct 24, 2025 · Discover the World Bank salary structure in Kenya for 2025. rranging for the funeral and burial. Any taxes levied by local tax authorities on such p Accidental Death & Dismemberment We would like to show you a description here but the site won’t allow us. Based on Jun 12, 2025 · Grade Level Salary Structure 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 responsibility, expertise, and compensation. 18 THE WORLD BANK GROUP f8. . A free inside look at company reviews and salaries posted anonymously by employees. You can find salary ranges online with some quick googling: For DC- 102-189k For NY- 113-209k Jul 23, 2025 · Young professionals (YPs) enter the World Bank Group in the “Professional and Technical” stream, at grade level GF. Jun 15, 2017 · 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 increase. Our grade converter includes grades useful when applying for some of the largest and most credible International Organizations in the world. 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. 34/11/Rev. 01; The differences between the GCF and 2022 World Bank Group Korea Office We would like to show you a description here but the site won’t allow us. It's common to have salary adjustments depending on the location. 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 been updated by applying the 2021 local market projected movements. For FY20, comprehensive market survey reviews of respective country labor markets for each of the WBG offices were conducted. Third, for the most common entry-level professional position (known as Grade GF at the World Bank Group) there is a gender gap of 3. ) viewed as in the private sector investment firms (buy side, PE) for someone considering a shift? What did you end up doing after working for the World Bank / or being a YPP? I feel after my time here I don’t have any concrete skills besides writing some reports and collecting data… I’m very insecure and uncertain about my next career move. Nov 14, 2022 · The Board, having considered limited distribution document GCF/B. 14. Salaries, grants and allowances paid by the United Nations are normally exempt from income tax. MIGA’s Individual Awards are available to staff who have delivered exceptional performance vis-à-vis the World Bank Group Core Values. 01 titled “Updated Salary Scale: Review of Salary Scales for IS and AS Staff”: Notes: The differences between the GCF and 2022 Asian Development Bank International Staff salary scales as shown in table 2 of document GCF/B. sgml : 20230428 <ACCEPTANCE-DATETIME>20230428171239 ACCESSION NUMBER: 0001193125-23-127616 CONFORMED SUBMISSION TYPE: 1-A POS PUBLIC DOCUMENT COUNT: 28 FILED AS OF DATE: 20230428 DATE AS OF CHANGE: 20230428 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Energy Exploration Technologies, Inc. Senior directors (GI-grade) make $286,100 to $429,400 tax-free. Who We Are Organizational Units About Us Human Resources Mar 18, 2021 · 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 PM Authors Narayana Swamy,Ravi Shankar Document Type Correspondence Language English Country World Europe and Central Asia Click on the country name to be directed to the salary scale. Salaries posted anonymously by World Bank Group employees in Addis Ababa. 3 Both of these components are absorbed within the nominal budget envelope across the institution, for the Bank, IFC and MIGA. Lump sum death benefit = 3% of midpoint GG salary scale in the staf member’s duty country. compensation market surveys, and the salary of the World Bank Group President. The entire system is built on a formal grade structure, starting from GA (entry-level) and going up to GK (senior leadership). WB salary structure and positioned in the salary range for the GK grade. 5 per-cent in favor of males 15 years after entry. YPs usually have successful careers at the World Bank Group, with many attaining top management roles. hdr. Jul 24, 2025 · And what it also means is that the Bank releases updated information on the salary scales for the coming year. Professional & Technical Jobs (GE-GH) usually require a Masters or PhD. Middle East and North Africa Click on the country name to be directed to the salary scale 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 degree. Follow us online – We are on Facebook, X and LinkedIn. CENTRAL INDEX KEY 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, including fraud alert and credit monitoring. Grade: GF Level and above. Team members are awarded up to 2. Variable Pay Pilot. It depends on whether you’re recruited from overseas or not, which country you’re based in, and what grade you have. Nov 4, 2025 · Grade Level: UC (ungraded) Mid-career Professionals (formerly EFSP): Master’s degree and a minimum of five years of relevant experience (depending on grade level). 1 salaries for 1 jobs at World Bank Group in Addis Ababa. View grade-wise pay (GH–G1) with minimum, midpoint & maximum salaries in KES, plus benefits, bonuses & career growth. The compensation of our executive leadership is transparent. Managerial Jobs (GH–GJ) require experience managing teams, work programs, and budgets. Apr 18, 2022 · 1 The World Bank reviews. In line with the WBG medium to long-term plan to shift the WBG UNITED STATES - NEW YORK: Salary Scale 1 Official Use Only exceptional performance against the World Bank Group’s Core Value of Innovation, Teamwork, Respect, Integrity and Impact. It’s a competitive, net-of-tax package designed to pull in top talent from around the globe. txt : 20230428 <SEC-HEADER>0001193125-23-127616. 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. Latin America and Caribbean Region Click on the country name to be directed to the salary scale. Europe and Central Asia Click on the country name to be directed to its salary scale. 1Budget, Performance Review and Strategic Planning, Global Corporate Solutions, Information and Technology Solutions, and Strategy, Performance and Administration Department. The salary of the IFC Managing Director is determined based on the U. <SEC-DOCUMENT>0001193125-23-127616. Fluency in another World Bank language is desirable (Arabic, Chinese, French, Portuguese, Russian and Spanish). Jun 21, 2018 · 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 data which was updated by applying the 2018 local market projected movements. The grade converter compares grades of the following organizations: United Nations (UN) European Union (EU) World Bank (WB) International Monetary Fund (IMF) European Bank for Reconstruction and 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 set of salary ranges established for various grade levels. 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 World Bank Group (WBG) consists of the International Bank for Reconstruction and Development (IBRD or the Bank), International Finance Corporation (IFC), Multilateral Investment Guarantee Bank Group or WBG Agency (MIGA), International Development 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. World Bank Group Salaries trends. Opportunities for professional growth are one of this program’s main differentiating factors. 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 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 local market movement. In order to transition to the full scope of the revised country office methodology, Management intends to implement a transitional or intervening measure for FY20. Suppose that, recognizing the need to diversify, the Bank starts hiring more women at entry-level positions, with the understanding that they will be promoted in the usual manner. To give you a real-world anchor, a mid-career professional at the common GF grade can expect a net salary between $95,000 and 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 World Bank Group has one of the best-paid staff among international organizations, however, it varies from country to country and region to region. These ten grades divide into three major Our grade converter includes grades useful when applying for some of the largest and most credible International Organizations in the world. The FY20 compensation review followed the rules set forth in the revised methodologies. 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 International Bank for Reconstruction and Development, the International Development Association, the International Finance Corporation, the Multilateral Investment Guarantee Agency, and the International Centre for Settlement of Investment 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 Georgetown with partial scholarship. 2 for unsuccessful up to a rating of 5 for outstanding) used as basis to allocate individual salary increases. We would like to show you a description here but the site won’t allow us. Aligns the salary scales with the increases in labor market salary levels. Dec 4, 2023 · 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. 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. Trying to wrap your head around the nuances of the World Bank’s salary system can be a nightmare. Would love to hear your advice! Visit the World Bank website to familiarize yourself with the institution and your areas of interest, study World Bank projects, read World Bank blogs. Jul 1, 2025 · UNITED STATES - HQ: Salary Scale 1 Official Use Only Jul 24, 2025 · A tax-free $200,000 World Bank salary gives you more spending power than a $285,000 consulting package. 5% of the midpoint salary of the recipient's grade. 10% of the midpoint salary of recipient’s grade. Nov 18, 2025 · The World Bank Group (including World Bank, IFC, MIGA, and affiliated institutions) employs a unified ten-level grade system spanning GA through GJ. 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 . Fluency in English is essential. 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. A free inside look at World Bank Group salary trends based on 1 salaries wages for 1 jobs at World Bank Group. If you know it, please let us know. S. 13. Second, salary gaps 15 years after joining the World Bank Group can favor either men or women depend-ing on their entry position. 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) removal of the projected inflation cap on the annual Structure Adjustment; (ii) minimum Total Salary Increase envelope at the rate of 50% of year-on-year (y-o-y) end The salary of the President of the World Bank Group is determined by the Board of Directors. Jul 23, 2025 · Young professionals (YPs) enter the World Bank Group in the “Professional and Technical” stream, at grade level GF. 12. Moreover, there are only limited GI and GH levels, the highest two ranking levels, which are restricted to the headquarters or regional offices, with some exceptions at country offices. This is the Bank Group’s individual rating system based on staff contribution (ranging from a rating of 2. At the World Bank Group, the salary structure or salary scale has 11 salary ranges from GA to GK. A World Bank salary is a different beast.

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