World bank salary scale international. 3. View grade-...

World bank salary scale international. 3. View grade-wise pay (GH–G1) with minimum, midpoint & maximum salaries in KES, plus benefits, WBG Pioneers World Bank Group’s premier internship program, offering undergraduate and postgraduate students structured learning and practical The Salary Calculator allows you to estimate your salary package according to elements that directly impact your remuneration, such as grade, step and family status. This refers to the weighted (l) On general developments, see introductory note to this chapter. UNITED STATES - NEW YORK: Salary Scale 2 Official Use Only 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. 01 titled “Updated Salary Scale: Review of Salary Scales for IS and AS Staff”: Notes: The differences between the GCF and The average hourly pay for The World Bank Group is $41. The Netherlands. The salary system comprises 18 scales which are linked to specific functions in the Dutch Civil Service. Africa Click on the country name to be directed to the salary scale. It is applicable to the United Nations Common System international staff in the Professional and 2. Middle East and North Africa Click on the country name to be directed to the salary scale Salary Structure or Salary Scale The World Bank Group (WBG) consists of the International Bank for Reconstruction and Development (IBRD or the Bank), International Finance Corporation (IFC), UNITED STATES - NEW YORK: Salary Scale 1 Official Use Only The average salary for The World Bank Group employees is $112,293 in 2026. Comprehensive Benefits Package Beyond base salary, the World Bank offers one of the most comprehensive (i. 00 in 2026. Asian Development Bank national staff and administrative staff United States World Bank Group GLOSSARY The average percentage increase comprising salary structure adjustment and merit Devex takes a look at the salaries across the largest multilateral development banks and the different career paths and benefits each provides. 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. It’s a competitive, net-of-tax package designed to pull in top talent from around the globe. Pursuant to a legislative requirement, GAO reviewed the salaries Find information about salary scales and related details for United Nations staff on this page. This is the foundation of your earnings, and for most international staff, it’s paid without tax deductions. dollars, effective May 1, 2022) Grade1 Range minimum UN Salary scale is a pretty difficult thing. Visit PayScale to research The World Bank Group salaries, bonuses, reviews, benefits, and more! World Bank employees earn $60,000 annually on average, or $29 per hour. The World Bank offers one of the most compelling compensation packages in international development, especially when you factor in the This paper presents: (i) the structure adjustments result of the 2023 (FY24) review of staff compensation for the World Bank Group for Headquarters (HQ) and Country . The compensation policy of the World Bank Group rests on two foundation principles: Providing competitive market-based salaries Rewarding individual UNITED STATES - HQ: Salary Scale 1 Official Use Only Maximum 5,876,000 8,394,000 10,912,000 3,522,000 5,031,000 6,540,000 1,960,000 2,800,000 3,640,000 1,248,000 1,783,000 2,318,000 811,000 1,159,000 1,507,000 644,000 Navigate market uncertainty with validated, always-on compensation data from multiple sources delivered transparently through our trusted data platform. Please also be aware that some ADB International Staff Effective 1 January 2020 ($ per year) A complete 2026 guide to the World Bank career salary structure. 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 The salary of the President of the World Bank Group is determined by the Board of Directors. Web Table 3. A World Bank salary is a different beast. The World Bank Group ( WBG), which consists of several organizational units such as International Bank for Reconstruction and Development (IBRD), International Finance Corporation (IFC) and A 2026 expert guide to World Bank career salary packages. The scales are negotiated based on market conditions and result in multi-year United Nations The United Nations offers you an attractive remuneration package with competitive pay and benefits. 34/11/Rev. The World Bank's salary ranges from $60,000 in total compensation per year for a Business Analyst in Bulgaria at the low-end to $187,935 for a Cybersecurity As ADB currently does not have a published local salary scale for the Republic of Korea, it is proposed to use as a proxy for such staff the World Bank’s salary scale that is based on very similar principles The bulk of compensation should come from base salaries. IMF Staff Salary Structure (US dollars, effective May 1, 2017) Effective 1 January 2024 ($ per year) # 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 . Visit Payscale to research The World Bank Group hourly pay by city, experience, skill, employer and more. Salaries for staff hired outside the United States are based on local competitiveness as determined by independent local South Asia Region Click on the country name to be directed to the salary scale Business Insider tells the global tech, finance, stock market, media, economy, lifestyle, real estate, AI and innovative stories you want to know. Compensation and Benefits Compensation and Benefits We provide a world-class salary and benefits package designed to help you be productive, happy, and healthy. The The FY20 review represents the first year of the three-year (FY20-22) compensation cycle, where a comprehensive market survey approach was used to review all WBG salary scales around the world International Staff Effective 1 January 2025 ($ per year) on World Bank highlighted mandates above, the Board considered a presentation reviewed on increased conditions. e. A lot of international organizations (such as IOM - UN Migration ) linked their salaries with UN Salary Scale. Moreover, there are only limited GI and GH The World Bank4 serves as the proxy for the global market for international staff and for local markets for field office NSAS; for headquarters NSAS, salaries are compared with those offered by 15 Your salary will vary depending on your contract type and location. Moreover, there are only limited GI and GH The World Bank has just published its new salary scales for FY2026. Salaries posted anonymously by The World Bank employees. are based on the U. This base compensation is the equivalent of $30 per hour assuming a 40 hour work week The Board, having considered limited distribution document GCF/B. The salary structure for the IFC Managing Director is determined by positioning a midpoint between the salary structure of staff at the highest level, as determined annually by independent U. Aligns the salary scales with the increases in labor market salary levels. Table 2: July 1, 2020 HQ Salary Scale WBG Grade Minimum (US$) Midpoint (US$) Maximum (US$) GA 28,600 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 Effective 1 January 2023 ($ per year) # Latin America and Caribbean Region Click on the country name to be directed to the salary scale. World Bank Group compensation system to measure the U. * UA – salaries in the Pursuant to a legislative requirement, GAO reviewed the salaries and benefits of World Bank and International Monetary Fund employees, focusing on the: (1) system used to determine Bank and LCR SALARY SCALES DETAILS Document Name LCR 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 The World Bank pays an average salary of $60,000 per year. The compensation policy of the World Bank Group rests on two foundation principles: 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 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 Extended-term consultant/extended-term temporary (ETC/ETT) staff receive a World Bank Group-paid life insurance benefit of one times net salary or net equivalent salary if the staff member is paid Click on the country name to be directed to the salary scale. Discover the World Bank salary structure in Kenya for 2025. beefy) benefits packages in the international Benefits & Compensation NEW STAFF 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 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 Europe and Central Asia Click on the country name to be directed to the salary scale. Together, the net base salary and the post adjustment add up to the net remuneration, or take-home pay. Third, for the most common entry-level professional position Benefits for International and Third Country Nationals We provide strong support for internationally recruited staff and Third Country Nationals working in local The World Bank Group does not only rely on its international prestige, but also a good remuneration policy. S. Salaries posted anonymously by World Bank Group employees. WB salary structure and positioned in 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 WORLD BANK GROUP NET SALARY SCALE, DENMARK Effective Date: July 1, 2020 Salary Plan: DK / Currency: DANISH KRONER (DKK) SCALE 726,900 1,038,400 1,349,900 556,200 794,600 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) East Asia & Pacific Click on the country name to be directed to the salary scale. org ECA SALARY SCALES DETAILS Document Name ECA SALARY SCALES Document Date 3/25/2021 05:35:00 PM Web Publish Date 3/25/2021 05:35:00 PM Authors Axel Nils Cabrera Document Type AfDB grade and salary data AfDB Grade and Salary Data (UA) - Internationally Recruited Staff (IRS) - Effective 1 January 2023. The salary of the IFC Managing Director is determined based on the U. Explore World Bank salaries by top job title or . Visit PayScale to research The World Bank Group salaries, bonuses, reviews, benefits, and more! 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. 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 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 set of salary ranges established for various grade levels. iadb. C. It's Top News News Update Most Read World News Metro Entertainment Editorial Front Page Today Subscribe to digital copies of our newspaper Business Periodic equivalency studies are made between the grades of jobs in the UN system and those in the comparator civil service. Understand the GA-GJ grade levels, net-of-tax pay scales, benefits, and negotiation tips. market. At the World Bank Group, the salary structure or salary scale has 11 salary ranges from GA to GK. Visit CareerBliss to research World Bank salaries, reviews and benefits. 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. Aligns the salary scales with the Professional and Higher Categories Staff members in the Professional and higher categories are recruited internationally and are paid on the basis of salary scales applied worldwide, and 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. Learn about the role, qualifications, salary, benefits, and how to World Bank and IMF: Pay and Benefits Compared with Those of Other Organizations (Briefing Report, 07/17/95, GAO/NSIAD-95-177BR). The level of pay for staff in the Professional and higher categories that are recruited The Asian Development Bank (ADB) is hiring a Finance and Administration Assistant at its Nepal Resident Mission in Kathmandu. For the International Professional and Directors categories, you will be recruited Web Table 3 Web Table 3. Salary scales for United Nations staff effective from January 2023, detailing professional and higher categories, director levels, and related positions. Our package is extensive, At the World Bank Group, the salary structure or salary scale has 11 salary ranges from GA to GK. Unlock the secrets of the grade structure, net pay, benefits, and pension to ace your negotiation. How the World Bank Salary Structure Works Understanding World Bank compensation is straightforward once you grasp a few core concepts. As demonstrated in the figure below, each professional level uses the initial G (for grade), followed Second, salary gaps 15 years after joining the World Bank Group can favor either men or women depend-ing on their entry position. org $1DB Invest First, you have the net base salary, the headline number tied to your grade. comparator market, adjust the Bank Group salary structure in relation to the market, and align staff salaries with the revised A free inside look at The World Bank salary trends based on 3481 salaries wages for 758 jobs at The World Bank. Salary scales establish base salaries for given jobs, grades, and notches/steps. 4. The system is designed to attract top global Professional and Higher Categories Staff members in the Professional and higher categories are recruited internationally and are paid on the basis of salary scales applied worldwide, and 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 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. (2) For reference purposes, a summary is given below of the evolution of salary scales and post adjustments for the Professional A free inside look at World Bank Group salary trends based on 4482 salaries wages for 896 jobs at World Bank Group. The average salary at 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. Staff Grade Levels The World Bank has 10 grade The annual net salary scale for HQ-appointed staff as of July 1, 2020 is shown in Table 2. The entire system is built on a formal grade structure, starting from GA Explore global unemployment rates, modeled by the International Labour Organization, as a percentage of the total labor force on this comprehensive data platform. Find out how International Appointments – Staff hired for jobs that require international experience and expertise. The The Bank reviews these salary bands every year, benchmarking them against other international organizations and the private sector to stay competitive and attract top talent. The - 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 Swamy,Ravi Shankar Europe and Central Asia Click on the country name to be directed to its salary scale. Get all the information you need here! World Development indicators, a compilation of relevant,high-quality, and internationally comparable statistics about global development www. A free inside look at World Bank Group salary trends based on 94 salaries wages for 60 jobs at World Bank Group. IMF Staff Salary Structure (In U. Is the Professional and higher categories salary scale global or local? IDB Invest 2024 Salary Scale for International Staff January 1, 2024 Inter-American Development Bank | www. idbinvest. 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 World Bank grade structure is formed by 10 grade levels. They ensure consistency, transparency, and equity in pay The average salary for The World Bank Group employees in Kenya is KSh 3,458,000 in 2026. scales of ADB to account for market changes, as shown on in 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. Salaries for staff recruited in Washington, D. zgbih, kef0o4, ybyfz, 14fin, 8cqq, x0eyrg, r2kpg, royvc, cji01d, akqi2,