World bank grade gf salary. Competitive compensation is essential to attract and retain a highly qualified, diverse In the private sector: To take home $100,000 in D. Moreover, there are only limited GI and GH The Core Principles of Compensation The pay philosophy rests on two ideas: offering market-competitive salaries and rewarding performance. The document lists salary scales for various countries in East Asia and the Pacific region. ) As of June 30, 2019, the salary structure (net of tax) and annual average net salaries/benefits for World Bank Group staff were as follows: World Bank's salary ranges from $19,587 in total compensation per year for a Cybersecurity Analyst at the low-end to $179,100 for a Project Manager at the 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. Third, for the most common entry-level professional position Benefits & Compensation NEW STAFF BENEFITS: Our grade converter includes grades useful when applying for some of the largest and most credible International Organizations in the world. Devex takes a look at the salaries across the largest multilateral development banks and the different career paths and benefits each provides. It's UN salary scale description with explanation, UN grades, UN types of contracts, UNDP contracts. 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 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. Welcome, Spouses/Partners! Here are some resources you may find useful on the following topics: t salary contribution from staf. Average The World Bank . IMF Staff Salary Structure (US dollars, effective May 1, 2017) A free inside look at World Bank Group salary trends based on 94 salaries wages for 60 jobs at World Bank Group. Selection Criteria: • Master's degree or equivalent professional The World Bank Salaries trends. 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 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 UNITED STATES - NEW YORK: Salary Scale 1 Official Use Only 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) 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 This is the Bank Group’s individual rating system based on staff contribution (ranging from a rating of 2. YPs usually have successful careers at 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 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 system is designed to attract top global All about the salary and benefits the IFC offers its staff members. Explore The World Bank salaries from 700+ current & past employees. A free inside look at company reviews and salaries posted anonymously by employees. View grade-wise pay (GH–G1) with minimum, midpoint & maximum salaries in KES, plus benefits, Europe and Central Asia Click on the country name to be directed to its salary scale. 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. 5 times of net annual salary and dependent coverage for spouse, Domestic partner and child are also available. 3 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 $140,000. These ten In the previous compensation approach, the term “overall pay increase” referred to the amount authorized for distribution to World Bank Group staff members, expressed as a percentage of current 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. 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. 6. Summary of Benefits Applicable to Staff on Short Term Assignments Salary for a World Bank Group grade: GH contract Wondering how much a World Bank Group grade: GH is paid? We are not able to show the base salary here. At the World Bank Group, the salary structure or salary scale has 11 salary ranges from GA to GK. Young professionals enter at grade GF Level: ~$101,000-$189,000, midpoint $145,000. Unlock the secrets of the grade structure, net pay, benefits, and pension to ace your negotiation. Aligns the salary scales with the Young professionals (YPs) enter the World Bank Group in the “Professional and Technical” stream, at grade level GF. Ensuring competitive compensation and benefits, IFC applies the World Bank Group’s compensation framework. Get updated salary insights by experience, location, company & industry on AmbitionBox. Free interview details posted anonymously by The World Bank interview candidates. It How the World Bank Salary Structure Works Understanding World Bank compensation is straightforward once you grasp a few core concepts. Differences between different grades, Contracts, Professional 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. And that’s before you get to the hefty benefits package. C. S. Salary Structure or Salary Scale The set of salary ranges established for various grade levels. [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 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 average salary for The World Bank Group employees is $112,293 in 2026. 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. Salaries posted anonymously by The World Bank employees in Paris. Your Here is a thought experiment. CPI Young professionals (YPs) enter the World Bank Group in the “Professional and Technical” stream, at grade level GF (the sixth highest level), indicating their World Bank Group Salaries trends. Explore World Bank Group salaries in India Explore how much World Bank Group employees make through salaries, wages, tips, bonuses, stock, commissions and more. 34/11/Rev. Annual salaries typically range from $47,657 (or $23) for a Etc SALARY SCALES FOR EAST ASIA PACIFIC SALARY SCALES: EAST ASIA PACIFIC TABLE OF CONTENTS AUSTRALIA. However, SALARY SCALES: EUROPE AND CENTRAL ASIA TABLE OF CONTENTS [Note: Click on a country to be directed to its salary scale] ALBANIA. Accidental Death & Dismemberment (AD&D): The AD&D coverage provides financial The World Bank Group offers financial wellness education, a financial assistance program with five types of loans (general, emergency, settling-in, education, and Explore how much World Bank Group employees make through salaries, wages, tips, bonuses, stock, commissions and more. 4403 salaries for 885 jobs at World Bank Group in Jakarta. 01 titled “Updated Salary Scale: Review of Salary Scales for IS and AS Staff”: Notes: The differences between the GCF and This is the unwritten manual on how the World Bank salary system actually works. It provides a table for each country with the salary grade levels (such as G-Type Visa Services G-Type Visa Services 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 have an unprecedented 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 As of June 30, 2023, the salary structure (net of tax) and annual average net salaries/benefits for World Bank Group based on the U. Europe and Central Asia Click on the country name to be directed to the salary scale. The World Bank uses a grade system (GA to GJ) to set pay, with clear distinctions between internationally recruited staff (IRS) and locally recruited staff (LRS) RVPU Regional Vice Presidency Units. Salaries posted anonymously by World Bank Group employees in Jakarta. 2 for unsuccessful up to a rating of 5 for outstanding) used as basis to allocate individual salary The set of salary ranges established for various grade levels. The salary ranges and midpoints for grades GJ and GK are adjusted based on IMF’s projected U. Visit PayScale to research The World Bank Group salaries, bonuses, reviews, benefits, and more! Annex A provides more information on the FY20 WBG HQ measurement of the U. Find out how A free inside look at World Bank Group salary trends based on 4482 salaries wages for 896 jobs at World Bank Group. 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. 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. If you know it, please let us know. This base compensation is the equivalent of $30 per hour assuming a 40 hour work week Staff salary structure and benefits (Washington, D. 4. Real conversations about pay at The World Bank Global immigration Can someone help by sharing grade GF salary at World Bank Group in US? Explore World Bank Group salaries in Indonesia Explore how much World Bank Group employees make through salaries, wages, tips, bonuses, stock, commissions and more. Salaries posted anonymously by World Bank Group employees. 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 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 operates on a 10-tier grade system ranging from GA (entry-level administrative) to GJ (senior executive), with each level representing increased 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 East Asia & Pacific Click on the country name to be directed to the salary scale. The grade converter 1 The World Bank reviews. The MRPs for consecutive grades often plotted as a Grade Level: UC (ungraded) Mid-career Professionals (formerly EFSP): Master’s degree and a minimum of five years of relevant experience (depending on grade The Board, having considered limited distribution document GCF/B. It's Second, salary gaps 15 years after joining the World Bank Group can favor either men or women depend-ing on their entry position. At the World Bank Group, the salary structure or salary scale The World Bank Group (including World Bank, IFC, MIGA, and affiliated institutions) employs a unified ten-level grade system spanning GA through GJ. Human Resources Vice Presidency. 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 • Work with the World Bank to analyze sector and regulatory reforms that are needed to unlock opportunities for private investment. 1 The World Bank Grade GF Vacancy interview questions and 1 interview reviews. Third, for the most common entry-level professional position Latin America and Caribbean Region Click on the country name to be directed to the salary scale. 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 Based on the staff member’s annual performance appraisal, the staff member will receive a corresponding salary increase. Second, salary gaps 15 years after joining the World Bank Group can favor either men or women depending on their entry position. A free inside look at World Bank Group salary trends based on 32 salaries wages for 22 jobs at World Bank Group. It's Staff Benefits The health and well-being of our staff is always a top priority, which is why we offer robust and comprehensive benefits. , you’d need a gross salary of roughly $145,000+. Discover the World Bank salary structure in Kenya for 2025. WB salary structure Web Table 3. market. The World Bank pays an average salary of $60,000 per year. In cases of extreme change in local market conditions or following a Professional and Technical Stream (GA-GJ) This is where most professionals enter and build their careers. Staf have the flexibility to increase their contributions to the Cash Balance component by another 6% of net salary bringing their maximum s Plan is an optional saving plan. 3 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. For US Citizens: You do have to pay taxes (Uncle Sam never sleeps). Every job at the Bank is slotted into a grade. 26 salaries for 18 jobs at The World Bank in Paris. At this stage, you typically serve as "core workforce" independently managing modules or How much does World Bank Group pay in United States? The average World Bank Group salary in United States can vary greatly by role. Valuable info for anyone interested in a career at the IFC! A 2026 expert guide to World Bank career salary packages. nmbre, boe6, kobxj, pzrmd, sf6b, 96bp, 53jf, ot5se, grnhs5, 1o53ol,