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World Bank Grade Gf Salary. Minimum Midpoint Maximum 23,370,000 29,210,000 35,050,000 15,780

Minimum Midpoint Maximum 23,370,000 29,210,000 35,050,000 15,780,000 22,550,000 29,320,000 12,800,000 18,280,000 23,760,000 10,270,000 14,670,000 19,070,000 7,730,000 This paper presents: (i) the structure adjustments result of the 2023 (FY24) review of staff compensation for the World Bank Group for Headquarters (HQ) and Country . Opportunities for professional growth are one of this program’s main differentiating factors. The compensation of our executive leadership is transparent. 13. WB salary structure and positioned in the salary range for the GK grade. S. 18 THE WORLD BANK GROUP f8. Jul 23, 2025 · Young professionals (YPs) enter the World Bank Group in the “Professional and Technical” stream, at grade level GF. Regional Vice Presidency Units. The available resources for the MIGA Individual Award will be up to US$200,000, to be allocated as a percentage of the recipient grade mid-point salary scale as of June 30 of the performance year, with the exact percentage to be determined at the time the awards are disbursed. 10% of the midpoint salary of recipient’s grade. Salaries posted anonymously by World Bank Group employees. Team members are awarded up to 2. The compensation policy of the World Bank Group rests on two foundation principles: Providing competitive market-based salaries Rewarding individual performance In order to maintain the ability to recruit and retain qualified staff, the Bank Group reviews the salary structure annually and, when necessary, adjusts the salary structure based upon measurement of local market movement. Comparative data shows the Asian Development Bank Institute offers a minimum salary of $84,200 for junior professionals, while the New Development Bank starts at $60,180 for grade 4 positions. A free inside look at World Bank Group salary trends based on 4482 salaries wages for 896 jobs at World Bank Group. The compensation policy of the World Bank Group rests on two foundation principles: Providing competitive market-based salaries Rewarding individual performance In order to maintain the ability to recruit and retain qualified staff, the Bank Group reviews the salary structure annually and, when necessary, adjusts the salary structure based upon measurement of local market movement. Jun 21, 2018 · Under this approach, the 2017 (FY18) market-based salary scales were reviewed, and where needed and applicable, the scales were adjusted grade by grade, based on the local labor compensation data which was updated by applying the 2018 local market projected movements. Second, salary gaps 15 years after joining the World Bank Group can favor either men or women depend-ing on their entry position. exceptional performance against the World Bank Group’s Core Value of Innovation, Teamwork, Respect, Integrity and Impact. Mar 18, 2021 · HQ SALARY SCALES DETAILS Document Name HQ SALARY SCALES Document Date 3/18/2021 06:45:32 PM Web Publish Date 3/18/2021 06:54:00 PM Authors Narayana Swamy,Ravi Shankar Document Type Correspondence Language English Country World The salary of the President of the World Bank Group is determined by the Board of Directors. Staff Grade Levels The World Bank has 10 grade levels, which are organized into three groups: Administrative Jobs (GA–GD) generally require a Bachelor’s degree. Young professionals (YPs) enter the World Bank Group in the “Professional and Technical” stream, at grade level GF (the sixth highest level), indicating their importance to the organization. Latin America and Caribbean Region Click on the country name to be directed to the salary scale. YPs usually have successful careers at the World Bank Group, with many attaining top management roles. Jun 12, 2025 · Comparison with Other Multilateral Development Banks The World Bank consistently ranks as one of the highest-paying multilateral development banks. UNITED STATES - NEW YORK: Salary Scale 1 Official Use Only Oct 24, 2025 · Discover the World Bank salary structure in Kenya for 2025. 14. World Bank Group is hiring a Counsel, with an estimated salary of $100,000 - $150,000. MIGA’s Individual Awards are available to staff who have delivered exceptional performance vis-à-vis the World Bank Group Core Values. Jul 1, 2025 · UNITED STATES - HQ: Salary Scale 1 Official Use Only Staff Grade Levels The World Bank has 10 grade levels, which are organized into three groups: Administrative Jobs (GA–GD) generally require a Bachelor’s degree. Moreover, there are only limited GI and GH levels, the highest two ranking levels, which are restricted to the headquarters or regional offices, with some exceptions at country offices. The Country Offices compensation review is based on the WBG CO compensation methodology approved by the Board in 2019 and the 2023 adjustments to the methodology1, as follows: (i) removal of the projected inflation cap on the annual Structure Adjustment; (ii) minimum Total Salary Increase envelope at the rate of 50% of year-on-year (y-o-y) end EXECUTIVE COMPENSATION The salary of the President of the World Bank Group is determined by the Board of Directors. . The set of salary ranges established for various grade levels. The World Bank Group has one of the best-paid staff among international organizations, however, it varies from country to country and region to region. Managerial Jobs (GH–GJ) require experience managing teams, work programs, and budgets. 5% of the midpoint salary of the recipient's grade. Third, for the most common entry-level professional position (known as Grade GF at the World Bank Group) there is a gender gap of 3. In line with the WBG medium to long-term plan to shift the WBG Under this approach, the 2019 (FY20) market-based salary scales were reviewed, and where applicable, scales were adjusted grade by grade, based on the local labor market compensation data which had been updated by applying the 2021 local market projected movements. 5 per-cent in favor of males 15 years after entry. 12. View grade-wise pay (GH–G1) with minimum, midpoint & maximum salaries in KES, plus benefits, bonuses & career growth. Based on The salary structure for the IFC Managing Director is determined by positioning a midpoint between the salary structure of staff at the highest level, as determined annually by independent U. Variable Pay Pilot. Professional & Technical Jobs (GE-GH) usually require a Masters or PhD. East Asia & Pacific Click on the country name to be directed to the salary scale. Europe and Central Asia Click on the country name to be directed to the salary scale. 1Budget, Performance Review and Strategic Planning, Global Corporate Solutions, Information and Technology Solutions, and Strategy, Performance and Administration Department. compensation market surveys, and the salary of the World Bank Group President. Structure Adjustment Supplemental Merit Increase (SMI) Total Merit Increase (TMI) The set of salary ranges established for various grade levels. At the World Bank Group, the salary structure or salary scale has 11 salary ranges from GA to GK. Aligns the salary scales with the increases in labor market salary levels. The salary of the IFC Managing Director is determined based on the U. This job in Legal & Accounting is in Washington, DC. Based on Jun 12, 2025 · Grade Level Salary Structure The World Bank operates on a 10-tier grade system ranging from GA (entry-level administrative) to GJ (senior executive), with each level representing increased responsibility, expertise, and compensation.

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