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Inter-American Development Bank

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Inter-American Development Bank reviews

3.9

80% would recommend to a friend

(135 total reviews)

Ilan Goldfajn

82% approve of CEO

76% positive business outlook

Reviews by job title

135 reviews

Reviews about "Compensation"

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4.0
Apr 25, 2018
Recommend
CEO approval
Business Outlook

Pros

Great salary and vacation compared to the private sector. You gain invaluable experience working at an international organization. Great work/life balance. More room to be creative and innovative compared to the UN for example.

Cons

Consultants do not get sick leave or personal leave. They have to use vacation leave instead which is just the tip of the iceberg of the list of inequalities between consultants and staff. DTC contracts max out at 4 years and you have to wait a year to return as a TTC for lower pay. Consultants do the same jobs as staff do and get less benefits and less stability. No maternity leave. Ironic when your organization's mission is "Improving lives".

4.0
Apr 6, 2018

Consultant at IADB

Recommend
CEO approval
Business Outlook

Pros

Good work culture. Good pay. Opportunity to make an impact on society and the LAC region. Great experience for the resume.

Cons

The bureaucracy and the approval processes could be thought to deal with. There are also a lot of processes to learn and sometimes there could be a lack of space for innovation.

2.0
Jan 28, 2018

Officer

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

-Competitive salary compared to other MDBs -Good work life balance -Great social life due to large young population -Great location in the middle of DC

Cons

-Little room for growth -Performance is measured by loyalty not merit -Significant number of staff are under-qualified and obsolete. Younger staff are overqualified for the work they are doing. Master and Phd level are hired for undergraduate roles. Both younger staff and consultants end up doing all the work. -Limited learning opportunities as well as rotation opportunities within the organization. -Rampant nepotism -Culture based on fear, bureaucracy and mediocrity -Management, in general, lack the skills to be managers -Suboptimal use of human resources. -Prevalent gender differenciation -Staff outsource most of their work to consultants and then take the credit for it.

Viewing 106 - 108 of 135 Reviews

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