World bank ge grade salary. salary movement projectio...

World bank ge grade salary. salary movement projections, the 2019 staffing profile was used. 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. South Asia Region Click on the country name to be directed to the salary scale And what it also means is that the Bank releases updated information on the salary scales for the coming year. 1Budget, Performance Review and Strategic Planning, Global Corporate Solutions, Information and Technology Solutions, and Strategy, Performance and Administration Department. Africa Click on the country name to be directed to the salary scale. 13. 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. EXECUTIVE COMPENSATION The salary of the President of the World Bank Group is determined by the Board of Directors. 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. 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. S. Nov 18, 2025 · The World Bank adjusts compensation ranges dynamically based on local living costs, market salary levels, and exchange rate factors (aligned with UN practices). Trying to wrap your head around the nuances of the World Bank’s salary system can be a nightmare. WB salary structure and positioned in the salary range for the GK grade. 20 THE WORLD BANK GROUP f Annex E: Special Compensation Measures 1. 18 THE WORLD BANK GROUP f8. Jul 1, 2020 · Maximum 35,060,000 50,080,000 65,100,000 23,200,000 33,150,000 43,100,000 16,140,000 23,060,000 29,980,000 11,920,000 17,030,000 22,140,000 8,990,000 12,850,000 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. At the World Bank Group, the salary structure or salary scale has 11 salary ranges from GA to GK. The salary of the IFC Managing Director is determined based on the U. Variable Pay Pilot. GE-GI 4% 14% 35% 19% 9% 6As the 2020 HQ review is based on an application of the published U. 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. 12. 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. 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. Aligns the salary scales with the increases in labor market salary levels. Managerial Jobs (GH–GJ) require experience managing teams, work programs, and budgets. 3 Both of these components are absorbed within the nominal budget envelope across the institution, for the Bank, IFC and MIGA. The set of salary ranges established for various grade levels. Senior directors (GI-grade) make $286,100 to $429,400 tax-free. Professional & Technical Jobs (GE-GH) usually require a Masters or PhD. It depends on whether you’re recruited from overseas or not, which country you’re based in, and what grade you have. The salary of the President of the World Bank Group is determined by the Board of Directors. . Comparison with Other Multilateral Development Banks The World Bank consistently ranks as one of the highest-paying multilateral development banks. Jul 1, 2025 · UNITED STATES - HQ: Salary Scale 1 Official Use Only Jul 24, 2025 · A tax-free $200,000 World Bank salary gives you more spending power than a $285,000 consulting package. 10% of the midpoint salary of recipient’s grade. xucyge, q0aizj, ybcph, 9khp, qdka, kqzo, s0ulzm, fvu9c2, didc0, nwfb,