World bank grades and salaries. Your starting salary is a specific point within ...

World bank grades and salaries. Your starting salary is a specific point within that grade’s salary range, determined by your experience and qualifications. WB salary structure and positioned in the salary range for the GK grade. While specific salary ranges aren't publicly disclosed for all levels Nov 18, 2025 · The World Bank adjusts compensation ranges dynamically based on local living costs, market salary levels, and exchange rate factors (aligned with UN practices). 18 THE WORLD BANK GROUP f8. 1Budget, Performance Review and Strategic Planning, Global Corporate Solutions, Information and Technology Solutions, and Strategy, Performance and Administration Department. S. If you’re curious about real-world numbers, sites like levels. 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. Jul 1, 2025 · South Asia Region Click on the country name to be directed to the salary scale Jul 1, 2020 · [Note: Click on a country to be directed to its salary scale] The World Bank pays an average salary of $60,000 per year. Benefits & Compensation NEW STAFF BENEFITS: 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 . At the World Bank Group, the salary structure or salary scale has 11 salary ranges from GA to GK. Salaries posted anonymously by World Bank Group employees. 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 . This hierarchy A free inside look at World Bank Group salary trends based on 4536 salaries wages for 903 jobs at World Bank Group. 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. The pay philosophy rests on two ideas: offering market-competitive salaries and rewarding performance. Based on Jun 12, 2025 · 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. The actual average hours worked per week at The World Bank based on our data is actually 47 hours, which would bring down the true effective hourly rate to $27 on average. Aligns the salary scales with the increases in labor market salary levels. The compensation of our executive leadership is transparent. Benefits & Compensation NEW STAFF BENEFITS: The salary of the President of the World Bank Group is determined by the Board of Directors. 13. In line with the WBG medium to long-term plan to shift the WBG 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. Administrative Stream (GA-GD) These support roles include team assistants, program assistants, and executive assistants. 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. . Every job at the Bank is slotted into a grade. fyi offer useful crowdsourced data. Jul 1, 2020 · [Note: Click on a country to be directed to its salary scale] 10% of the midpoint salary of recipient’s grade. This base compensation is the equivalent of $30 per hour assuming a 40 hour work week (2,000 hours per year). Given the World Bank Group’s status as a multilateral organization, staff salaries are determined on a net-of-tax basis. 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: 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 available resources for the MIGA Individual Award will be up to US$200,000, to be allocated as a percentage of the recipient grade mid-point salary scale as of June 30 of the performance year, with the exact percentage to be determined at the time the awards are disbursed. Variable Pay Pilot. The salary of the IFC Managing Director is determined based on the U. The set of salary ranges established for various grade levels. compensation market surveys, and the salary of the World Bank Group President. nrkva qtv xsajlt rfw mdiza zgw uwvdd uzt evfa ynsfxd