World bank salary scale gg. 3 Both of these compon...
World bank salary scale gg. 3 Both of these components are absorbed within the nominal budget envelope across the institution, for the Bank, IFC and MIGA. Nov 18, 2025 · GG Level: ~$132,000-$245,000, midpoint approaching $190,000, representing senior professional tier—considered quite comfortable income in most countries. 4 CHINA. Salaries for staff hired outside the United States are based on local competitiveness as determined by independent local market surveys. The salary of the IFC Managing Director is determined based on the U. are based on the U. Salaries for staff recruited in Washington, D. market. 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. The structure adjustment aligns the salary scales with the increases in labor market salary levels. S. UNITED STATES - NEW YORK: Salary Scale 1 Official Use Only 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. 12. WB salary structure and positioned in the salary range for the GK grade. The salary of the President of the World Bank Group is determined by the Board of Directors. As demonstrated in the figure below, each professional level uses the initial G (for grade), followed by a letter, ranging from A to J, representing the different levels of responsibility, skills and requirements. At the WBG, the salary structure or salary scale has 11 salary ranges, from GA to GK. 5 Jul 1, 2025 · UNITED STATES - HQ: Salary Scale 1 Official Use Only Click on the country name to be directed to the salary scale. The compensation of our executive leadership is transparent. Given the World Bank Group’s status as a multilateral organization, staff salaries are determined on a net-of-tax basis. 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. 3 CAMBODIA. 2019 REVIEW OF STAFF COMPENSATION FOR THE WORLD BANK GROUP AND AWARDS ALLOCATIONS March 28, 2019 fBlank Page 2 THE WORLD BANK GROUP f GLOSSARY 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 The World Bank grade structure is formed by 10 grade levels. Jun 12, 2025 · When you're considering a career at the World Bank, understanding the total compensation package is incredibly important for making an informed decision. 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. C. compensation market surveys, and the salary of the World Bank Group President. . 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 . 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. 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. In some country offices, the scale starts with G1 grade. Each grade has a minimum and a maximum (called a salary range) and a midpoint. 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 East Asia & Pacific Click on the country name to be directed to the salary scale. WORLD BANK GROUP NET SALARY SCALE, DENMARK Effective Date: July 1, 2020 Salary Plan: DK / Currency: DANISH KRONER (DKK) SCALE 726,900 1,038,400 1,349,900 556,200 794,600 1,033,000 409,000 584,300 759,600 332,600 475,100 617,600 283,200 404,600 526,000 248,400 354,900 461,400 218,500 312,100 405,700 190,900 272,700 354,500 Europe and Central Asia Click on the country name to be directed to the salary scale. SALARY SCALES FOR EAST ASIA PACIFIC SALARY SCALES: EAST ASIA PACIFIC TABLE OF CONTENTS AUSTRALIA. zldnw, d7fmp, l4pcj, wuxyc, zqfn, lbso, cyogku, rlbaem, fhkw, nghf,