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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
Feb 11, 2021
Recommend
CEO approval
Business Outlook

Pros

The bank is a great learning place for those who working with clients directly, and gives you access to funds to frame innovative proposals. Some colleagues are excellent, supportive people.

Cons

Poor management focused on short term goals; professional development is contingent to personal sympathies and hidden agendas that make it hard for professionals to be in a predictable career path. More specifically, the matrix system (countries/themes) subjects staff to contradictory instructions from two different tiers of supervisors, who have their own individual agendas. That undermines the success of any program. On top of that, the bureaucratic culture of the bank makes it hard to promote cutting edge programs, except for the work done at BID-LAB. Some colleagues are very uncooperative and extremely "territorial".

1.0
Feb 23, 2019

Not worth, stay away

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Salary (while your term lasts). Easy going environment, but a bit too much may not be a pro.

Cons

3 yrs max you can stay as a consultant under new HRD rules. 3 yr Fixed terms entail more stability but extremely difficult to get. Mandate of filling quota w women makes harder for men out to get in . Huge favoritism towards colombian nationals. Lack of accountability and transparency in pretty much everything.

3.0
May 18, 2017
Recommend
CEO approval
Business Outlook

Pros

PTO - 24 vacation days + 8 personal, even for new hires. Health insurance - No copay, no deductible. Pension plan - 10% contribution. Mission of the organization. Inspiring CEO.

Cons

The manipulation of employees by managers and the nepotism is rampant. Contractors are treated as second class citizens. No pay for extra hours (which are the norm). Long hours of work. Mediocre staff across corporate business units (Finance, IT, and others) who survive thanks to connections or obedience.

Viewing 16 - 18 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.