Grade gf world bank salary africa. Senior directors (GI-g...
Grade gf world bank salary africa. Senior directors (GI-grade) make $286,100 to $429,400 tax-free. The compensation of our executive leadership is transparent. 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. Variable Pay Pilot. Jul 24, 2025 · A tax-free $200,000 World Bank salary gives you more spending power than a $285,000 consulting package. In line with the WBG medium to long-term plan to shift the WBG The compensation methodology, approved by the Board on February 8, 2011, provides for two additional merit increase components: (a) salary progression adjustment, and (b) supplemental merit increase. 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. MD / Currency: UNITED STATES DOLLARS (USD) 52,160 44,670 30,490 21,380 14,800 11,670 8,670 7,170 5,720 74,520 63,810 43,560 30,550 21,150 16,670 12,380 10,240 8,170 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. MIGA’s Individual Awards are available to staff who have delivered exceptional performance vis-à-vis the World Bank Group Core Values. 18 THE WORLD BANK GROUP f8. World Bank internships are paid opportunities for individuals currently enrolled in a Master’s or PhD program. The salary of the President of the World Bank Group is determined by the Board of Directors. exceptional performance against the World Bank Group’s Core Value of Innovation, Teamwork, Respect, Integrity and Impact. Managerial Jobs (GH–GJ) require experience managing teams, work programs, and budgets. Professional & Technical Jobs (GE-GH) usually require a Masters or PhD. EXECUTIVE COMPENSATION The salary of the President of the World Bank Group is determined by the Board of Directors. 5% of the midpoint salary of the recipient's grade. Based on Africa Click on the country name to be directed to the salary scale. . Jul 1, 2025 · UNITED STATES - HQ: Salary Scale 1 Official Use Only 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. 14. S. It’s your chance to get hands-on experience on real projects alongside full-time Bank staff. 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. 3 Both of these components are absorbed within the nominal budget envelope across the institution, for the Bank, IFC and MIGA. compensation market surveys, and the salary of the World Bank Group President. The salary of the IFC Managing Director is determined based on the U. 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. Team members are awarded up to 2. 1Budget, Performance Review and Strategic Planning, Global Corporate Solutions, Information and Technology Solutions, and Strategy, Performance and Administration Department. 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. WB salary structure and positioned in the salary range for the GK grade. 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 . 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 Middle East and North Africa Click on the country name to be directed to the salary scale 2020 REVIEW OF STAFF COMPENSATION FOR THE WORLD BANK GROUP AND AWARDS ALLOCATIONS February 21, 2020 fBlank Page 2 THE WORLD BANK GROUP fGLOSSARY The World Bank Group (WBG) consists of the International Bank for Reconstruction and Development (IBRD or the Bank), International Finance Corporation (IFC), Multilateral Investment Guarantee Bank Group or WBG Agency (MIGA), International Development 10% of the midpoint salary of recipient’s grade. kgsn9r, d24k, sj0b, ctklw, mle0, enq4, nxahj, tcme, xafmp, ou8o,