The World Bank is a vital source of financial and technical assistance to developing countries around the world. Our mission is to fight poverty with passion and professionalism for lasting results and to help people help themselves and their environment by providing resources, sharing knowledge, building capacity and forging partnerships in the public and private sectors. We are not a bank in the common sense; we are made up of two unique development institutions owned by 187 member countries: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). Each institution plays a different but collaborative role in advancing the vision of inclusive and sustainable globalization. The IBRD aims to reduce poverty in middle-income and creditworthy poorer countries, while IDA focuses on the world's poorest countries. Their work is complemented by that of the International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA) and the International Centre for the Settlement of Investment Disputes (ICSID). Together, we provide low-interest loans, interest-free credits and grants to developing countries for a wide array of purposes that include investments in education, health, public administration, infrastructure, financial and private sector development, agriculture and environmental and natural resource management.
Compensation & BenefitsNote: Some links on this page may be temporarily unavailable due to system maintenance.The World Bank Group offers internationally competitive salaries based on your educational and professional experience. Health, Life, Accident, and Other Insurance Programs Pension Plan Relocation, Resettlement and Expatriate Benefits Paid LeaveHealth, Life, Accident, and Other Insurance Programs:Headquarters-recruited staff and their eligible family members (including domestic partners) may choose from three comprehensive medical/dental benefit plans available, with no preexisting condition exclusions if enrollment is made within 31 days of entry-on-duty. Staff members recruited to a Country Office are also eligible for a comprehensive medical/dental benefits plan for themselves and eligible family members including domestic partners.The World Bank also provides basic life and accident insurance to all staff at no cost, and Headquarters-recruited staff can also elect additional life and accident insurance coverage at their own expense. Disability and Worker's Compensation coverage is also provided to all staff at no cost.Pension Plan:The World Bank sponsors a comprehensive pension plan for all staff. Both staff and the World Bank make a contribution towards a pension which is utilized upon retirement.Relocation, Resettlement and Expatriate Benefits:For staff appointed to positions subject to international recruitment, the World Bank pays relocation benefits upon appointment and resettlement benefits upon end of employment. The World Bank also pays a mobility premium to eligible expatriate staff appointed to positions at Headquarters subject to international recruitment, with eligibility based on nationality and visa/residency status in the appointment duty station. (Staff members appointed to non-Headquarters positions subject to international recruitment may be eligible for other expatriate benefits.)Paid Leave:New staff receive 26 days of annual leave and 15 days of sick leave per year, accrued daily.Diversity & Inclusion at the World Bank GroupThe World Bank Group aims to be "an excellent institution able to attract, excite, and nurture diverse and committed staff with exceptional skills who know how to listen and learn".Our mission is to fight poverty with passion and professionalism for lasting results. Our challenge is to create excellent teams who work with clients to address the complex challenges of poverty alleviation.Diversity & Inclusion are at the heart of how we define excellence. Our staff is our greatest asset--women and men from over 140 countries, drawn from a wide range of backgrounds, experiences and perspectives. Our diversity is our comparative advantage as a global knowledge and development organization.We do not just recognize our diversity; through inclusion, we mobilize it. We are working to create an inclusive and respectful work environment where we demonstrate that we fully value the contributions of all staff by: Search worldwide for the best talent. Enable staff to contribute to their full potential, through programs such as mentoring and coaching for targeted groups. Foster an environment where differences are respected and valued, for example through training on Working with Respect and Living Our Values.Diversity & Inclusion are key to our success as a global development organization
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