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Inter-American Development Bank

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Inter-American Development Bank reviews

3.9

84% would recommend to a friend

(564 total reviews)

Ilan Goldfajn

78% approve of CEO

74% 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
3.0
Dec 16, 2010
Recommend
CEO approval
Business Outlook

Pros

Salaries and benefits are extraordinary if you are located in a South American country office. As part of an international organization you get retirement plan and medical insurance based in US. It´s a job to stay if you are after a career government-related. Work climate is fine, there is no aggressive pressure to achieve goals as in private sector.

Cons

Retirment plan based in US becomes a downside if you are planning to leave after a few years (you get your money back but you´ve been "out of the local system" not adding working years towards your local retirement). Local offices still keep a number of "dinosaurs", people who have been there forever and made a career based on seniority, not capacity. Local offices tend to be administrative sites, the fun of the business seems to be taking place in HQ. If you are an adrenaline addict, you´ll feel like you are just watching a parade and miss the roller-coaster experience of private sector.

3.0
Mar 16, 2009
Recommend
CEO approval
Business Outlook

Pros

Access to experts in their respective fields, high level government officials, and emerging sectors. Ability to network with international experts and carry out high level projects. Work was extremely interesting and contributed to the development of latin countries on issues not always addressed at other private sector banks or environmental institutions. Ability of the bank to put large amounts of money behind projects. High profile of the bank in Latin America lent to credibility of projects and scope of work that could be planned and accomplished. DC is a very international city and contributed to the general awareness of IDB staff.

Cons

The bank is very slow in approving projects and has a matrix type of organizational structure that is extremely difficult to manage. Every decision has to be approved by someone at the sector level and at the country level. The bank carries out a lot of work done by private sector banks, and may be crowding out their work, therefore it is difficult to find the positive, development angle to some of the work ongoing. There is a competition with the World Bank that is not helpful to staff who could otherwise benefit from more knowledge sharing between the two.

Viewing 562 - 564 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.