The young professionals are assigned to the World Bank Group’s technical and operations units. The roles include Project Manager, Executive Driver, Team Assistant. Argentina . With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. 1/5 stars. Effective Date: July 1, 2020 Salary Plan: AU / Currency: AUSTRALIAN DOLLARS (AUD) SCALE Grade Minimum Midpoint Maximum May 27, 2024 · IBPS RRB Salary. Salary is a significant motivator for exam preparation. The Bank's salaries are targeted to be above the average salary in similar organisations, net of tax and after taking into account any relevant differences in cost of living. The average World Bank salary ranges from approximately $75,000 per year for Communication Specialist to $248,000 per year for Director. FWIW, I was hired at F level 6 years ago and promoted to G in 2010. 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. Accurate, reliable salary and compensation comparisons for Philippines Jun 21, 2018 · Salary Structure or Salary Scale ; The set of salary ranges established for various grade levels. 21 Jun 6, 2024 · The estimated total pay range for a Junior Professional Associate at The World Bank is $83K–$139K per year, which includes base salary and additional pay. The gender distribution at World Bank based on salary submitted is male(66%), female(33%), unspecified(0%). Mar 18, 2021 · With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. At the World Bank Group, the salary structure or salary scale has 11 salary Salary Structure or Salary ranges from GA to GK. The average Junior Professional Officer base salary at The World Bank is $77K per year. The World Bank and IFC, as international intergovernmental organizations, are immune from contributing employer share of NIC. The average ET Consultant base salary at The World Bank is $121K per year. Visit PayScale to research The World Bank Group salaries, bonuses, reviews, benefits, and more! Ensuring competitive compensation and benefits, IFC applies the World Bank Group’s compensation framework. 03 Denmark. Structure Adjustment This aligns the salary scales with the increases in labor market salary levels. Since July 2014, the Bank has had a new organizational model which is structured as follows: 6 (six) regional units focusing on clients, with offices in the majority of the borrowing countries; 15 (fifteen) global practice units and 5 (five) global themes units. The average IT Officer base salary at The World Bank is $84K per year. 1 Africa . Visit PayScale to research The World Bank Group salaries, bonuses, reviews, benefits, and more! Post-completion OPT work permit is not an available option for employment with the World Bank Group as full-time staff are required to obtain a G-4 visa for employment. 02 Lao, People’s Democratic Republic . 94 to $26. WORLD BANK GROUP NET SALARY SCALE, Effective Date: July 1, 2024 Salary Plan: USN Currency: United States Dollars (USD) UNITED STATES - USN SCALE Grade Minimum With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. , interest With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. are based on the U. The Bank's salary system seeks to facilitate the attraction, retention and motivation of high-quality staff. Nov 14, 2022 · The Board, having considered limited distribution document GCF/B. Jun 6, 2024 · The estimated total pay range for a Operations Analyst at The World Bank is $59K–$93K per year, which includes base salary and additional pay. Salary Scale The set of salary ranges established for various grade levels. 21 Dec 3, 2023 · The average hourly pay for The World Bank Group is $30. The average Program Assistant base salary at The World Bank is BDT 478K per year. 92. This data is collated by 3 employees from World Bank. 98 per hour for Technical Support to $36. The World Bank Group facilitates issuance of G5 visas for domestic employees, however many restrictions apply from both the U. State Department and the World Bank Group. In some country offices, the scale starts with G1 grade. ” GCF Positioning Relative to its Proxy Comparators . The average Short term Consultant (STC) base salary at The World Bank is $44 per hour. (NIC). The gender distribution at World Bank based on salary submitted is male(40%), female(60%), unspecified(0%). 12 Moldova . Your net salary rate includes an allowance for the employee share of NIC. Jun 6, 2024 · The estimated total pay range for a Economist at The World Bank is $97K–$181K per year, which includes base salary and additional pay. This refers to the weighted average percentage increase Competitive salary. The Bank or Salary Scale Group’s salary structure or salary scale has 11 salary ranges from GA to GK. 8L–₹26. Jul 24, 2024 · Salaries by job title at The World Bank. Jul 1, 2020 · WORLD BANK GROUP NET SALARY SCALE, AUSTRALIA. Jul 22, 2024 · The estimated total pay range for a Extended Term Consultant EC2 at The World Bank is $81K–$139K per year, which includes base salary and additional pay. Explore real-world career trends and advice from the leaders in compensation May 13, 2021 · Salaries are established based on various markets around the world, to guarantee that they are competitive, and increase in line with professional progress. Taxes Owed The tax allowance may not match the income taxes that are owed. Salary for a World Bank Group grade: EC2 contract. G5 domestic employment is governed by U. ADB International Staff Salary Structure Author: Asian Development Bank Subject: ADB international staff salary structure effective 1 January 2022. C. The average The World Bank salary ranges from approximately ₹2. The average Extended Term Consultant EC2 base salary at The World Bank is $106K per year. 0L per year. The estimated salary range of the Financial Services industry where The World Bank is located is between $101,039 and $130,944, and its average salary is about $115,285. HFP is calculated based on a percentage (15%) of the grade GE midpoint of the country office salary scale. Keywords adb staff, salary structure, national staff, salary, administrative staff, headquarters staff, HQ staff, local staff, filipino staff, adb headquarters, adb compensation, adb remuneration, adb pay grade, staff positions, job levels, nsas, ns, as 2019 REVIEW OF STAFF COMPENSATION FOR THE WORLD BANK GROUP AND AWARDS ALLOCATIONS March 28, 2019 Blank Page 2 THE WORLD BANK GROUP GLOSSARY 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 With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. Hourly salary range is $13. We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face. Aug 5, 2014 · How much do the World Bank, Asian Development Bank and Inter-American Development Bank pay their senior management and administrative staff? According to the fiscal 2013 remuneration scale Jan 1, 2023 · AfDB Grade and Salary Data (UA) - Internationally Recruited Staff (IRS) - Effective 1 January 2023. The WBG also credits staff Cash Balance component with 10% of net salary for the mandatory 5% of net salary contribution from staff. The average salary for The World Bank Group employees in Philippines is ₱2,787,360 in 2024. At the World Bank Group, the salary structure or salary scale has 11 Jun 6, 2024 · The estimated total pay range for a ET Consultant at The World Bank is $97K–$150K per year, which includes base salary and additional pay. The World Bank Group does not deduct NIC from the fees paid. 51 Salaries (for 32 job titles) • Updated Jul 24, 2024. 6 days ago · The estimated total pay range for a Consultant at The World Bank is $81K–$139K per year, which includes base salary and additional pay. The World Bank Group – Tax Allowance System 6 Tax Allowance vs. We would like to show you a description here but the site won’t allow us. The average additional pay is $0 per year, which could include cash bonus, stock, commission, profit sharing or tips. Leaves. Visit PayScale to research The World Bank Group salaries, bonuses, reviews, benefits, and more! ÐÏ à¡± á> þÿ W Y Jun 6, 2024 · The estimated total pay range for a Short Term Consultant at The World Bank is $79K–$141K per year, which includes base salary and additional pay. Jul 1, 2024 · WORLD BANK GROUP NET SALARY SCALE Effective Date: July 1, 2024 Salary Plan: INC Currency: Indian Rupees (INR) , INDIA - INC SCALE Grade Minimum 2,822,000 939,000 Jul 1, 2024 · The country and lending groups page provides a complete list of economies classified by income, region, and World Bank lending status and includes links to prior years’ classifications. Dec 28, 2023 · World Bank - Salary - Get a free salary comparison based on job title, skills, experience and education. Jul 17, 2024 · Kampala, Uganda - Salary - Get a free salary comparison based on job title, skills, experience and education. Jul 1, 2024 · WORLD BANK GROUP NET SALARY SCALE Effective Date: July 1, 2024 Salary Plan: INC Currency: Indian Rupees (INR) , INDIA - INC SCALE Grade Minimum 2,822,000 939,000 A common job classification system developed by the ICSC provides the structure for this salary scale. 4 days ago · World Bank's salary ranges from $82,585 in total compensation per year for a Marketing Operations at the low-end to $179,100 for a Project Manager at the high-end. Jul 13, 2018 · Salary range for World Bank support/administrative staff: GA: $27,200 - $50,600 GB: $33,200 - $61,800 GC: $40,000 - $75,500 GD: $47,900 - $89,100 Professional roles, including technical jobs (GA 1 Africa . Average World Bank hourly pay ranges from approximately $20. Aligns the salary scales with the increases in labor market salary levels. 01; The differences between the GCF and 2022 World Bank Group Korea Office Jan 23, 2023 · The World Bank grade structure is formed by 10 grade levels. Each grade has a minimum and a maximum Scale (called a salary range) and a midpoint. Structure This aligns the salary scales with the increases in labor market salary levels. The minimum and maximum are equidistant to the midpoint. Maximum accumulation 20 days. If the ETC or ETT is paid on the gross salary scale of the country office, the grade GE midpoint Salary Structure or Salary Scale The set of salary ranges that are established for various grade levels. The average Economist base salary at The World Bank is $129K per year. The average World Bank salary ranges from approximately $60,873 per year for Outside Sales Representative to $206,000 per year for Senior Statistician. ST staff must do the following: Aug 31, 2012 · Benefits are not negotiable. 34/11/Rev. The average Consultant base salary at The World Bank is $106K per year. World Bank Group Reporting Requirements. Candidates preparing for the IBPS RRB 2024 exam are keen to learn about the pay scale, in-hand salary, job emoluments, and perks offered to IBPS RRB Clerks, POs, and Scale II and III officers. Visit PayScale to research The World Bank Group salaries, bonuses, reviews, benefits, and more! ADB International Staff Salary Structure Author: Asian Development Bank Subject: ADB international staff salary structure effective 1 January 2022. Staff in the General and National Professional Officer categories are paid in accordance with local salary scales based on the best prevailing local conditions through surveys of local salaries, which are conducted and reviewed periodically. This data is collated by 5 employees from World Bank. How much do The World Bank employees make? Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. . Each grade has a minimum and a maximum (called salary ranges) and a midpoint. (b) is paid in the salary scale of the country office, subject to the specific provision of Staff Rule 6. The World Bank employees rate the overall salary and benefits package 4. As the merit increase will be funded by the estimated salary dilution, the total budget impact of the international staff salary increase for 2020 is equal to the salary May 23, 2022 · The average salary for The World Bank Group employees in India is ₹909,247 in 2024. A table is provided below that demonstrates the IMF 2020 team salary structure: Compensation of employees (current LCU) from The World Bank: Data and staff holding any other visas other than a G4 are not eligible. The average salary for The World Bank Group employees in South Africa is R532,000 in 2024. market. The average Short Term Consultant (STC) base salary at The World Bank is $93K per year. Free and open access to global development data (scale 0-100) Statistical performance indicators (SPI): Overall score (scale 0 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. Jun 6, 2024 · The estimated total pay range for a Junior Professional Officer at The World Bank is $60K–$99K per year, which includes base salary and additional pay. 02 Guatemala . If you know it, please let us know. Salaries, grants and allowances paid by the United Nations are normally exempt from Jul 1, 2020 · WORLD BANK GROUP NET SALARY SCALE, AZERBAIJAN. In the event of any discrepancy between the information contained in these notes and the terms and conditions of the letter of (b) is paid in the salary scale of the country office, subject to the specific provision of Staff Rule 6. 6 Lakhs per year for a Human Resource to ₹30. Jun 15, 2017 · Salary Structure or Salary Scale . The average The World Bank hourly pay ranges from approximately $21 per hour (estimate) for a Document Unit Staff to $103 per hour (estimate) for a President . The average additional pay is ₹0 per year, which could include cash bonus, stock, commission, profit sharing or tips. Jul 1, 2024 · WORLD BANK GROUP NET SALARY SCALE, Effective Date: July 1, 2024 Salary Plan: DZ Currency: Algerian Dinars (DZD) ALGERIA SCALE Grade Minimum 8,856,000 7,229,000 $27,400 salary gap across the average male and female staff at the World Bank Group can be attributed to composi-tion effects, whereby men entered the World Bank Group at higher paid positions, particularly in the earlier half of the sample. Australia . G. Jul 16, 2024 · The estimated total pay range for a Short term Consultant (STC) at The World Bank is $33–$58 per hour, which includes base salary and additional pay. on the salary structure adjustment of the World Bank Group, effective 1 July 2019. . 28. How much do World Bank Group jobs pay per hour? The average hourly pay for a World Bank Group job in the US is $20. S. To the extent liable, STCs and STTs must pay their NIC directly to HMRC. Competitive compensation is essential to attract and retain a highly qualified, diverse staff. The set of salary ranges established for various grade levels. Salary estimates are based on 807 The World Bank salaries received from various employees of The World 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 the different levels of responsibility, skills and requirements. See the online checklist for applying for a G-4 visa at a US Embassy abroad prior to starting employment. Keywords: adb staff, salary structure, international staff, salary, professionals, adb compensation, adb remuneration, adb pay grade, staff positions, job levels, IS, professional staff Created Date 6 days ago · The estimated total pay range for a Extended Term Consultant EC2 at The World Bank is $81K–$139K per year, which includes base salary and additional pay. 34 reviewed the 2022 salary scales of ADB With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. Jul 1, 2024 · UNITED STATES - HQ: Salary Scale. That said, in my case there wasn't much room for negotiation, it was pretty much "take it or leave it" and I think that's the rule. Aug 29, 2019 · How does the salary as a Senior Accountant at The World Bank compare with the base salary range for this job? The average salary for a Senior Accountant is ETB 17,297 per month (estimate) in Ethiopia , which is 91% higher than the average The World Bank salary of ETB 9,017 per month (estimate) for this job. Recalling the mandates above, the Board at B. A. 4. At the World Bank Group, the salary structure or salary scale has 11 salary ranges from GA to GK. The average salary for The World Bank Group employees in Kenya is KSh 3,308,000 in 2024. Work/Life Balance. Structure Adjustment . Wondering how much a World Bank Group grade: EC2 is paid? We are not able to show the base salary here. ). (IFC), a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Jun 6, 2024 · The estimated total pay range for a Short Term Consultant (STC) at The World Bank is $71K–$122K per year, which includes base salary and additional pay. Albania . May 29, 2024 · Bank PO Salary - As per estimates, every year close to 20 lakh aspirants apply for banking exams in India. The average Short Term Consultant base salary at The World Bank is $106K per year. Visit Payscale to research The World Bank Group hourly pay by city, experience, skill, employer and more. Jun 6, 2024 · The estimated total pay range for a STC at The World Bank is $71K–$122K per year, which includes base salary and additional pay. Staff have the flexibility to increase their contributions to the Cash Balance component by another 6% of net salary bringing their maximum contributions to 11% of net salary. 11 Peru . Structure Adjustment Aligns the salary scales with the increases in labor market salary levels. The average Junior Professional Associate base salary at The World Bank is $107K per year. The average Operations Analyst base salary at The World Bank is $74K per year. Each grade has a minimum and a maximum (called a salary range) and a midpoint. 12 Ghana. World Bank - Salary - Get a free salary comparison based on job title, skills, experience and education. Salary Structure or Salary Scale The set of salary ranges established for various grade levels. i) World Bank’s participating units. 11 Thailand . ADB headquarters national and administrative staff salary structure effective 1 January 2023. If the ETC or ETT is paid on the gross salary scale of the country office, the grade GE midpoint 1 Latin America and Caribbean Region . 21 Jun 6, 2024 · The estimated total pay range for a IT Officer at The World Bank is $64K–$109K per year, which includes base salary and additional pay. Levels. salary scale or range – Each grade level has a salary range defined in terms of a minimum, a midpoint, and a maximum within which the salaries of staff at each grade level are administered. Jun 21, 2018 · Salary Structure or Salary Scale ; The set of salary ranges established for various grade levels. Annual: 2 days per month, up to a maximum of 24 days per calendar year. Accurate, reliable salary and compensation comparisons for United States 1 East Asia & Pacific . loading salary data; The average salaries for World Bank is 222,250 Shilling. The average Junior Professional Associate base salary at The World Bank is $97K per year. 8L per year, which includes base salary and additional pay. Mar 18, 2021 · The World Bank Group works in every major area of development. Some of the most popular banking exams in India are IBPS PO and SBI PO. The average salaries for World Bank is 628,353 Naira. The reasons are as follows: First, the Bank does not take into account any income received outside of the Bank salary ‐‐ e. Visit PayScale to research The World Bank Group salaries, bonuses, reviews, benefits, and more! Finland from The World Bank: Data. ) GRADES REPRESENTATIVE JOB TITLES With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. 69 in 2024. 20 The average salary for The World Bank Group employees in Nigeria is ₦10,000,000 in 2024. Up to 6 days of unused annual leave may be paid at the end of a calendar year if the unused balance exceeds 20 days. 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. At The World Bank, the highest paid job is a Director of Sales at $224,865 annually and the lowest is a CS Rep at $45,126 annually. The roles include Administrative Officer/Receptionist, Senior Engneering Advisor, Team Assistant, IT Onsite Support Specialist. Structure Adjustment ; The structure adjustment aligns the salary scales Aug 19, 2015 · The estimated total pay range for a Program Assistant at The World Bank is BDT 532K–BDT 583K per year, which includes base salary and additional pay. The average STC base salary at The World Bank is $93K per year. fyi collects anonymous and verified salaries from current and former employees of World Bank . Working with more than 2 ,000 businesses worldwide, we use our capital, expertise, and influence to create markets and opportunities to create markets and opportunities where they are needed most. As of June 30, 2023, the salary structure (net of tax) and annual average net salaries/benefits for World Bank Group staff were as follows: Staff Salary Structure and Benefits (Washington, D. 75. I. 77 per hour for User Interface Designer. 13 Salaries (for 10 job titles) • Updated Mar 4, 2024. NOTE In this report, "$" refers to United Mar 4, 2024 · Salaries by job title at The World Bank. The company's revenue is about $5B - $10B, and its salary level is estimated to be slightly higher than that of the same industry. Salaries for staff recruited in Washington, D. 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! Jun 6, 2024 · The estimated total pay range for a Junior Professional Associate at The World Bank is $72K–$129K per year, which includes base salary and additional pay. 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 $124,927, or $60 per hour. The average Consultant base salary at The World Bank is ₹18. World Bank Jan 11, 2024 · The estimated total pay range for a Consultant at The World Bank is ₹12. salary structure – The full set of salary ranges. Second, salary gaps 15 years after joining the World Bank Group can favor either men or women depend - Salary Structure or Salary Scale The set of salary ranges established for various grade levels. 03 Comoros . and by local city employment laws. Structure Adjustment ; The structure adjustment aligns the salary scales Sep 20, 2023 · The average The World Bank salary ranges from approximately $49,684 per year (estimate) for a Customer Service Associate to $343,477 per year (estimate) for a Board Advisor. This refers to the weighted average percentage increase • The WBG also credits staff Cash Balance component with 10% of net salary for the mandatory 5% of net salary contribution from staff. g. The salary theoretically is (within the salary scale for your grade, which is publicly available on the website). 3 Lakhs per year for a IT Officer. Effective Date: July 1, 2020 Salary Plan: AZ / Currency: UNITED STATES DOLLARS (USD) SCALE Grade Minimum Midpoint Maximum Given the World Bank Group’s status as a multilateral organization, staff salaries are determined on a net-of-tax basis. The average World Bank daily wage ranges from approximately $380 per day for Communication Specialist to $460 per day for Consultant. Law mandates equal remuneration for females and males for work of equal value (1=yes; 0=no) Law prohibits discrimination in employment based on gender (1=yes; 0=no) The average salary for The World Bank Group employees in United Kingdom is £95,000 in 2024. Angola. 20 These notes are for the guidance of t h e STC/STT hired by the Bank Group (the term “Bank Group” refers to the World Bank, IFC, ICSID, M. Salary Structure The set of salary ranges that are established for various grade levels. Keywords: adb staff, salary structure, international staff, salary, professionals, adb compensation, adb remuneration, adb pay grade, staff positions, job levels, IS, professional staff Created Date salary scale for the Republic of Korea, it is proposed to use as a proxy for such staff the World Bank’s salary scale that is based on very similar principles as those applied by the ADB. The classification tables include World Bank member countries, along with all other economies with populations greater than 30,000. It's common to have salary adjustments depending on the location. 1 Europe and Central Asia . td ff fx ip bn kf db fd my ku