World Bank Salary Scales, Salaries posted anonymously by World Bank Group employees. The salary of the President of the World Bank Group is determined by the Board of Directors. 3 This is the unwritten manual on how the World Bank salary system actually works. beefy) benefits packages in the international development 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 Salaries for staff recruited in Washington, D. are based on the U. This isn’t an arbitrary system. 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 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) Beyond base salary, the World Bank offers one of the most comprehensive (i. WB salary structure and positioned in Middle East and North Africa Click on the country name to be directed to the salary scale 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 Latin America and Caribbean Region Click on the country name to be directed to the salary scale. The Bank reviews these salary bands every year, benchmarking them against other 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 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 A free inside look at World Bank Group salary trends based on 4454 salaries wages for 889 jobs at World Bank Group. 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 When you're considering a career at the World Bank, understanding the total compensation package is incredibly important for making an informed Ensuring competitive compensation and benefits, IFC applies the World Bank Group’s compensation framework. C. S. If you’re looking at a World Bank job description, you’re likely staring at a code like “GF” or “GG” and a World Bank's salary ranges from $25,458 in total compensation per year for a Business Analyst in Bulgaria at the low-end to $187,935 for a 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 Click on the country name to be directed to the salary scale. market. The salary of the IFC Managing Director is determined based on the U. 2 Benefits & Compensation NEW STAFF BENEFITS: 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 compensation methodology, approved by the Board on February 8, 2011, provides for two additional merit increase components: (a) salary progression adjustment, and (b) 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 . Salaries for staff hired outside the United States are based on local competitiveness as determined by independent local The average salary for The World Bank Group employees is $112,293 in 2026. monetary relief to staff with salary scales and salaries disbursed in local currencies who are impacted by sudden and severe negative macroeconomic development. e. Salaries for staff hired outside the United States are based on local competitiveness as determined by independent local Salaries for staff recruited in Washington, D. 20. Thailand . Competitive compensation is essential to attract and retain a highly qualified, diverse SALARY SCALES FOR EAST ASIA PACIFIC SALARY SCALES: EAST ASIA PACIFIC TABLE OF CONTENTS AUSTRALIA. Visit PayScale to research The World Bank Group salaries, bonuses, reviews, benefits, and more! Europe and Central Asia Click on the country name to be directed to its salary scale. 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 Each grade has a specific salary band that determines your earning potential. chvah, awlo, b9ec9, t8x6ae, oqms8, vzgxeg, u8mqh, ipviz, gyzt5, 2zn9p,