Is Inter-American Development Bank a good company to work for?

Inter-American Development Bank has an overall rating of 3.9 out of 5, based on over 957 reviews left anonymously by employees. This rating has decreased by 1% over the last 12 months. 82% of employees would recommend working at Inter-American Development Bank to a friend and 72% have a positive outlook for the business. The best reviews about Inter-American Development Bank have been left by employees working as Intern , Research Fellow and Specialist .

Does Inter-American Development Bank pay their employees well?

According to anonymously submitted Glassdoor reviews, Inter-American Development Bank employees rate their compensation and benefits as 3.8 out of 5. Find out more about salaries and benefits at Inter-American Development Bank. This rating has decreased by 2% over the last 12 months.

How satisfied are employees working at Inter-American Development Bank?

82% of Inter-American Development Bank employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Inter-American Development Bank 4.0 out of 5 for work life balance, 3.7 for culture and values and 3.3 for career opportunities.

What are the top reviewed jobs at Inter-American Development Bank?

Consultant (264) , Intern (31) , Senior Consultant (22) , Consultor (21) , Research Fellow (21) , External Consultant (14) , Specialist (12) , IT Consultant (9) , Operations Consultant (8) , Project Manager (8) , Analyst (7) , Communications Consultant (7) , Economist (7) , Operations Analyst (7) , Economic Consultant (6)

What are the pros of working at Inter-American Development Bank according to real employee reviews?

"The salaries are good and it allows you to go further in your academic goals" ((in 63 reviews)); "Great people and Fast environment" ((in 41 reviews)); "Good work environment" ((in 29 reviews)); "Good work life balance" ((in 21 reviews)); "Good pay (although not many benefits for consultants)" ((in 20 reviews))

What are the cons of working at Inter-American Development Bank according to real employee reviews?

"Consultants in need of a G4 visa do staff work with no benefits or stability." ((in 49 reviews)); "There is no career development at the Inter" ((in 16 reviews)); "2) Highly political organization" ((in 11 reviews)); "Few career opportunities (unless you are connected)" ((in 10 reviews)); "The chances that your manager will be a mediocre fool are extremely high." ((in 9 reviews))

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Inter-American Development Bank

Inter-American Development Bank reviews

3.9

82% would recommend to a friend

(564 total reviews)

Ilan Goldfajn

76% approve of CEO

72% positive business outlook

Ratings by category

4.0

Diversity & inclusion

4.0

Work/Life balance

3.8

Compensation and benefits

3.7

Culture & values

3.6

Senior management

3.3

Career opportunities

Inter-American Development Bank has an employee rating of 3.9 out of 5 stars, based on 564 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Inter-American Development Bank employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

564 reviews

2.0

Dec 6, 2022

I wouldn't recommend it

Consultant

Recommend

CEO approval

Business Outlook

Pros

There are lots of talented people who are mission-driven working at the Bank. As an international consultant, your income will be tax-exempt. The Bank can sponsor a G4 visa for you and your family.

Cons

Your experience will depend on your direct supervisor. Staff and consultants are treated differently. Contracts are short-term and people are let go for no apparent reason. There are no performance reviews. Most teams work in silos. It's very hard to challenge the status quo. Your supervisor may micromanage you, set unreasonable deadlines, and not value your qualifications or prior experience. This is a very centralized and hierarchical organization.

3.0

Jul 9, 2022

Regular place to work

Consultant

Recommend

CEO approval

Business Outlook

Pros

- Multi-cultural environment - Work-life balance - Good base compensation, as a G4 you don't have to pay taxes. - Networking - They sponsor people to come to the US for a fixed period of time.

Cons

- Bureaucracy. - Merit is not a driver, networking is. - Huge difference in benefits compare to Staff personnel - Non-existing career development. - Slow-paced environment

3.0

Aug 30, 2021

Good mission in an OK place to work

Project assistant

Recommend

CEO approval

Business Outlook

Pros

- Feeling of fulfillment from having a job that is making positive impacts in developing countries - Strong community feeling, especially if you're from Latin America and new to the city. Most likely some co-workers, within and outside your direct team, will become friends.

Cons

- Extreme bureaucracy and hierarchies, often resulting in delays and inefficiencies - Slow processes - Extreme formality in internal communications - Contractual policies discriminate consultants, which make most of the staff body, in terms of benefits and job security in the mid and long terms - Very hard to impossible to escalate between contracts - In general, not the best salaries

Inter-American Development Bank Response

Thank you for taking the time to provide feedback. We work every day to improve lives in Latin America and the Caribbean, and strive to offer a rewarding and positive experience to all our employees.

Viewing 34 - 36 of 564 Reviews

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I wouldn't recommend it

Regular place to work

Good mission in an OK place to work

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