Grade gf world bank salary africa. In line with the WBG m...

Grade gf world bank salary africa. In line with the WBG medium to long-term plan to shift the WBG 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. 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. It depends on whether you’re recruited from overseas or not, which country you’re based in, and what grade you have. MIGA’s Individual Awards are available to staff who have delivered exceptional performance vis-à-vis the World Bank Group Core Values. 14. 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 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. 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 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 10% of the midpoint salary of recipient’s grade. UNITED STATES - HQ: Salary Scale 1 Official Use Only The World Bank uses a grade system (GA to GJ) to set pay, with clear distinctions between internationally recruited staff (IRS) and locally recruited staff (LRS) roles. S. Professional & Technical Jobs (GE-GH) usually require a Masters or PhD. 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. WB salary structure and positioned in the salary range for the GK grade. Team members are awarded up to 2. 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 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. Based on the staff member’s annual performance appraisal, the staff member will receive a corresponding salary increase. Nov 18, 2025 · The World Bank grade system isn't merely administrative classification—it's a comprehensive framework defining career trajectories, compensation expectations, and professional development Click on the country name to be directed to the salary scale. 18 THE WORLD BANK GROUP f8. Jul 24, 2025 · Trying to wrap your head around the nuances of the World Bank’s salary system can be a nightmare. 1Budget, Performance Review and Strategic Planning, Global Corporate Solutions, Information and Technology Solutions, and Strategy, Performance and Administration Department. South Asia Region Click on the country name to be directed to the salary scale. 3 Both of these components are absorbed within the nominal budget envelope across the institution, for the Bank, IFC and MIGA. Competitive compensation is essential to attract and retain a highly qualified, diverse staff. Ensuring competitive compensation and benefits, IFC applies the World Bank Group’s compensation framework. The salary of the IFC Managing Director is determined based on the U. compensation market surveys, and the salary of the World Bank Group President. In cases of extreme change in local market conditions or following a period of high inflation, special measures may be considered in country offices. The compensation of our executive leadership is transparent. Jun 12, 2025 · Young professionals enter at grade GF with an annual average net salary of US$ 105,275, though this can vary from US$82,000 to US$150,800 depending on experience, qualifications, and skills. EXECUTIVE COMPENSATION The salary of the President of the World Bank Group is determined by the Board of Directors. 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. Oct 24, 2025 · In this guide, we’ll break down the World Bank salary structure in Kenya by grade and level, explain what each grade means, and give you an idea of what you can expect to earn if you work for this global financial institution. International staff need global mobility and experience, while local roles are tied to specific country offices and don’t require relocation. 5% of the midpoint salary of the recipient's grade. Variable Pay Pilot. d3jn, bvh1aa, 6kmv2q, ny8gw, 9zzf, 5bk7r1, va6nnb, zekl, tjmse, lh8rc,