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Inter-American Development Bank

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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

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).

Reviews by job title

564 reviews
1.0
Mar 5, 2020

Not a great place to work

Recommend
CEO approval
Business Outlook

Pros

Your coworkers are talented.

Cons

Highly hierarchical and lacks a sense of purpose. According to an internal Gallup poll, the vast majority of employees feel disengaged from their work. Consultants have terrible benefits, instability and working conditions, while staff members are complacent, overpaid and are more interested in advancing their position than serving the population that they are paid to help.

avatar
Inter-American Development Bank Response
6y
Thank you for taking the time to share your feedback. We’d love to learn more about your experience and how we can improve. The IDB is a place where people who are committed and passionate about improving lives in Latin America and the Caribbean get to do what they love in a diverse, collaborative, and stimulating work environment.
1.0
Dec 24, 2019

Nepotism

Recommend
CEO approval
Business Outlook

Pros

Benefits (health insurance, life insurance, leave, among others) Wage above average Flexibility in the type of role you want to develop in the projects.

Cons

The Bank seems to follow an agenda that varies depending on who is in key positions. Unfortunately, not everyone in such key positions is qualified to do their job. Sometimes, more often than not, people get promoted to managerial positions for arbitrary reasons that act agains the supposed principles of this organization. If you are an idealist person you probably will not be working here. After a while, people work here for the benefits, it is a comfortable job, hard to get fired, but hard to do a good job. Very political.

avatar
Inter-American Development Bank Response
6y
Thank you for taking the time to share your feedback. At the IDB, we care about our employees’ career development. We offer international experience, with more than 25 offices in Latin America and the Caribbean. We also help employees get better at their jobs, offering a wide-range of trainings year-round and promotions are based on competitive processes, accessible to everyone.
1.0
Sep 6, 2019

Mediocre as its best

Recommend
CEO approval
Business Outlook

Pros

- Excellent opportunity to move to the U.S. if you are coming from somewhere else - Migration screening is not extensive - Truly amazing people working here, unfortunately, is not the rule

Cons

- Highly politicized environment - Bad work environment - Does not run background investigation on academic degrees and previous work, so several people lie about their qualifications to get hired - Development of the countries they serve is not the main focus of the Bank, and service is not the main focus of projects rather than political decisions and personal interest - Consultants the ones who do 90% of the work have no benefits so ever, not even health insurance. Huge difference in salary compared with staff. - If you are an American you have to pay taxes - Research practices are questionable. Staff hires internal consultants to do the work, and internal consultants employ external consultants to do the job. Staff and internal consultants stamp their name and receive credit for the publications, but they don't write the papers and give no credit to external consultants. Ghost author for most of their writings - People would like to stay at the office for more than 10 hours per day, not sure they are productive. They will judge you if you leave the office on time. - Do not respect peoples private life or their own time.

Viewing 40 - 42 of 564 Reviews

Glassdoor has 957 Inter-American Development Bank reviews submitted anonymously by Inter-American Development Bank employees. Read employee reviews and ratings on Glassdoor to decide if Inter-American Development Bank is right for you.