Inter-American Development Bank employees rate the overall compensation and benefits package 3.8/5 stars. of IDB engagement in Suriname, making the IDB the government's lead development partner and averaging 88% of multilateral financing and 30% of total public external debt per year. Fitness Center:a sponsored fitness center at subsidized rates, with equipment and classes. Represents Unit/technical area internally and externally. For lower paid roles, the prevalence of a range midpoint is just over half (55%) of the companies reporting. Commercial Customer Service Representative. Aligns Divisional plans with broader goals and strategies of the Bank. Candidates with relatives working at the IDB are not eligible for any type of employment. Leads projects or programs of moderate to high complexity. Members can get help with HR questions via phone, chat or email. These opportunities, combined with individual learning and leadership development programs, allow our staff to grow their careers while honing the relevant skillsets needed to meet the IDBs goals. Grades might often overlap. Geographic Location, Multiple Structures Differing by Job and Geography. Nonexecutives include directors, managers, professionals and hourly nonexempt employees. }); if($('.container-footer').length > 1){ 2010 Culpepper Salary Range Structure Practices Survey. Manages critical relationships with internal and external clients/stakeholders to secure support for significant business initiatives. With the same visa status being granted to eligible dependent(s) who reside with the Bank employee. Makes recommendations which have a significant impact on business performance, area of expertise and/or development effectiveness, enhancing the effectiveness and efficiency of the IDB. Annual: 2 days per month, up to a maximum of 24 days per calendar year. For staff arriving to headquarters from outside the Washington, D.C. metropolitan area, the IDB provides a competitive relocation package that may include air transportation, shipment of household effects and automobile, payment in lieu of shipment, and incorporation allowances such as installation grant, travel grant, and settling-in grant. Supports the strategic planning, development, and delivery of services and solutions using IT. Conducts routine technical analyses or research in support of Unit and/or operational activities. All applications are submitted through our. 72 percent of surveyed North American companies reported having formal base salary range structures. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. Please note that these numbers do not represent all banks, and actuals can vary. Minimum Years of Experience: 10 The average Inter-American Development Bank salary ranges from approximately $46,139 per year for, The highest-paying job at Inter-American Development Bank is, The lowest-paying job at Inter-American Development Bank is, Inter-American Development Bank employees attributed a compensation and benefits rating of 3.8/5 stars to their company. . Home Country Travel: This benefit assists TCN staff to maintain family, social, professional, and cultural ties with their home country. To request permission for specific items, click on the reuse permissions button on the page where you find the item. Please purchase a SHRM membership before saving bookmarks. Works independently with minimal oversight. Looking for advise on company culture at both companies. Core requirements: Acts as a technical point of contact for the Unit and its internal and external clients. Career Paths | Jobs at IDB With over 12 career paths, find a path that fits your skills and goals. Read reviews from current employees that include compensation and culture insights. Bank Official Languages: At least 2 U.S. citizen staff members are subject to U.S. taxes on their IDB Group compensation wherever they reside with a limited exclusion from taxable income available to those who work and reside abroad. Our model gets smarter over time as more people share salaries on Glassdoor. Up to 6 days of unused annual leave may be paid at the end of a calendar year if the unused balance exceeds 20 days. Prepares standard and non-standard documents. Undertakes basic information gathering, prepares standard documents and processes routine transactions. Effectively uses IDB tools and methodologies. Minimum Years of Experience: 2 . Coordinates support activities within and beyond own Unit/area of responsibility, and acts as liaison with other IDB Departments. Keywords adb staff, salary structure, national staff, salary, administrative staff, headquarters staff, HQ staff, local staff, filipino staff, adb headquarters, adb compensation, adb remuneration, adb pay grade, staff positions, job levels, nsas, ns, as Average Monthly Salary Islamic Development Bank Idb in Saudi Arabia. Companies with Salary Range Structures. The IDB staff comes from the Bank's 48 member countries.Approximately 68 percent of them are citizens of its borrowing member countries in Latin America and the Caribbean, while close to 32 percent are from non-borrowing member countries. May work as a member of a multidisciplinary team and coordinate work within and beyond own Unit. The lowest-paying job at Inter-American Development Bank is a Case Assistant with a salary of $46,139 per year. Performs varied support activities and coordinates support activities for Unit/area of responsibility. Demonstrates advanced knowledge in the use of standard and non-standard systems and tools and advises others on their effective use. This summary is for information purposes and does not substitute IDB Groups corresponding staff rules, regulations, and related procedures. Minimum Education: Master, Provides leadership and direction to the section/Area. Staff Retirement Plan Provides technical guidance to more junior staff. Read what they think about their salaries on our Compensation FAQ page for Inter-American Development Bank. Builds and maintains internal and external networks to access and expand knowledge. Core requirements: Find your market worth with a report tailored to you, No results found. The President also makes proposals on the general policy of the Bank for consideration by the Board. They bag bonuses of about 50% of the base on average, but some elite boutique banks award bonuses well over 100%. Education Benefit for Dependent Children: By means of the Education Benefit IDB Group provides financial assistance to expatriate staff toward the cost of tuition of their dependent children (between 5 and 25 years old). Takes a given business/functional strategy and translates this into clear a set of objectives, guidelines and programs for own area. Products and External Services Consultant (PEC). The Local Retirement Plan is a defined benefit pension plan, which establishes a defined formula to determine each participants benefit based on service, compensation, and a benefit accrual factor. Minimum Years of Experience: 3 The Republic of Korea became a member country in 2005 and the People's Republic of China became a member country in 2009. Ensures that workplace practices and behaviors comply with IDBs policies related to ethics and respect in the workplace. 0 12500 25000 37500 50000. Works under the regular supervision of others. Dependency Allowance: IDB Groups dependency allowance is a payment on behalf of officially recognized dependents. Trinidad and Tobago became a member in 1967, to be soon joined by Barbados (1969), Jamaica (1969), Canada (1972), Guyana (1976), The Bahamas (1977) and Suriname (1980). May lead projects of moderate complexity or scope. Determines work priorities and selects most appropriate methods to carry them out. Whats your thought on moving from Morgan Stanley to Nomura? Independence Blue Cross Family of Companies. Today the IDB is owned by 48 member states, of which 26 are borrowing members in Latin America and the Caribbean. The average salary for inter american development bank idb jobs is $68,264. I went above and beyond for years doing extra work, organizations etc and nothing has been reflected in pay. Bank Official Languages: At least 2 Governors are usually ministers of finance, presidents of central banks or other high-ranking officials. With over 12 career paths, find a path that fits your skills and goals. As companies increase in size, they typically have a higher number of salary structures to accommodate more locations and job structures. temp_style.textContent = '.ms-rtestate-field > p:first-child.is-empty.d-none, .ms-rtestate-field > .fltter .is-empty.d-none, .ZWSC-cleaned.is-empty.d-none {display:block !important;}'; Broadband salary structures are more flexible and consolidate pay grades into fewer structures with wider salary ranges. Establishes goals, business direction and expectations for the Unit in alignment with the Departments strategy. Thanks! if(currentUrl.indexOf("/about-shrm/pages/shrm-china.aspx") > -1) { Approved Resolutions of theBoard of Governors, Consolidated Proceduresand Terms of Reference, Resolutions adopted by the Board of Executive Directors, Terms of Reference for the Director of OVE, Review of the Ethics, Conduct and Grievance Systems of the Inter-American Development Bank, Report of the Independent Review Panel on Evaluation at the Inter-American Development Bank (2018), Report of the Independent Review Panel on Evaluation at the Inter-American Development Bank, Office of Strategic Planning and Development Effectiveness, Country Department Central America, Haiti, Mexico, Panama and the Dominican Republic, Operations Financial Management and Procurement Services Office, Department of Research and Chief Economist, Climate Change and Sustainable Development Sector, Knowledge, Innovation and Communication Sector, Budget and Administrative Services Department, non-regional or non-Western Hemisphere member countries, Independent Consultation and Investigation Mechanism, Independent Consultation and Investigation Mechanism (MICI), Vice President for Finance and Administration, Chief Financial Officer and General Manager of the Finance Department, Chief Advisor of the Office of the Executive Vice President, Manager, Office of Outreach and Partnerships, Manager, Office of Strategic Planning and Development Effectiveness, General Manager, Country Department Southern Cone, and Country Representative in Chile, General Manager, Country Department Caribbean Group, General Manager, Country Department Central America, Haiti, Mexico, Panama, and the Dominican Republic, and Country Representative in Costa Rica, Chief Economist and General Manager of the Research Department, Manager, Infrastructure and Energy Sector, Manager, Climate Change and Sustainable Development Sector, Manager a.i., Knowledge, Innovation and Communication Sector, General Counsel and General Manager, Legal Department, General Manager a.i., Human Resources Department, Chief Information Officer and General Manager, Department of Information Technology, General Manager, Budget and Administrative Services Department, * Member of the Inter-American Investment Corporation, ^ Member of the Multilateral Investment Fund, Standing Committees of the Board and Donors Committee of the Multilateral Investment Fund, Documents commissioned by the Board of Executive Directors. Over the next several decades, the Bank expanded its membership, initially through the Western Hemisphere. Recuperative: Up to 3 days per occasion for rest following periods of intense or prolonged work. Survey dates: August 26 through October 25, 2010. May act as project manager. Builds and maintains internal networks to access and expand knowledge. Operates and maintains vehicles and/or basic office equipment. Provides input to resolve complex technical problems in area of expertise. The community relies on everyone sharing. Looking for advise on company culture at both companies. Conducts research and analyzes and administers data to independently prepare documents and reports and process transactions. Prescription Drug Program: Outside the U.S. and Puerto Rico, all prescriptions are retail and require a co-pay for a supply regardless of the pharmacy you choose. All fourteen Chairs of the Board of Executive Directors are members of each of the Standing Committees. Tax Staff Tax Staff 1-2 Pay Structure. Base. Inter-American Development Bank employees rate the overall compensation and benefits package 3.8/5 stars. Leads/manages team members in a project management capacity, acting as technical referent/head in projects of strategic input, high complexity, and ample scope. Salary information comes from 22 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. Works under minimal oversight on most tasks. Average Inter-American Development Bank Consultant yearly pay in the United States is approximately $76,766, which meets the national average. The IDB produces an annual report describing its activities and operations during the previous year. Companies choosing "other/varies" indicated that the frequency for reviewing structures varies by type of job, business unit, location or union status. Minimum Years of Experience: 0 Minimum Education: Master, Provides leadership and direction to the Unit. From our most recent TCM Executive and Senior Management survey results, we see range midpoints reported only 33% of the time when the base salary median is above $400,000. Minimum Education: Master, Considered expert in technical or relevant area and is recognized as such across the IDB and externally. Thanks! On Fishbowl, you can share insights and advice anonymously with Inter-American Development Bank employees and get real answers from people on the inside. I have MBA + 3 year experience in industry. It may also hold extraordinary meetings on key issues. salary range is the span between the minimum and maximum base salary an organization will pay for a specific job or group of jobs. Based on the business needs, some positions are reserved for nationals, while some positions are open to international recruits. Develops proficiency in using IDB tools and methodologies to perform assigned tasks. Primary Caregivers have 100 business days of leave. IDB Groups contributions to the Staff Retirement Plan are reviewed and determined annually based on actuarial funding assessments by independent external actuaries. Contributes to the development of new or revised tools, methodologies, procedures and policies. In accordance with the Access to Information Policy, effective 1 January 2011, the Bank makes public the following records of the Board of Executive Directors: The President of the IDB is the institution's legal representative and chief executive officer. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 55 percent have multiple structures varying by job and/or geographic location. A salary structure is a compensation framework that organizes company positions into a series of tiered pay grades or salary ranges. 2010 Culpepper Salary Range Structure Practices Survey, November 2010. Lactation room: facility on-site to accommodate working new mothers. No consulting experience. Do you offer parental leave for parents of newborns, or other family-related services? Career development and mobility are important and happen through a variety of ways including developmental work-assignments, lateral transfers, and annual performance review. I have MBA + 3 year experience in industry. Some companies with union employees review salary structures based on the length of multiyear labor contracts and review other nonunion jobs annually. PRODUCTS AND EXTERNAL SERVICES CONSULTANT (PEC) Each fulltime staff position has a specific title (Analyst, Specialist), while short-term contracts are shown with titles of Consultant. Supervises Section/Area team and provides feedback and guidance to optimize performance and achieve Section/Area goals. We require a lot of information up front, so carve out about 20-30 minutes to complete the application. U.S. citizen staff members who receive net of tax compensation, therefore, also receive a quarterly tax reimbursement from the IDB Group. Supports the appraisal and audit of both corporate and operational activities and provide guidance to Staff and Management to ensure adherence to the IDBs ethics and compliance programs. PRINCIPAL TECHNICAL LEADER / PRINCIPAL ADVISOR. Source: As a consultant this is a great place to work but only for a maximum of three . Institution vest the first 8 years of pension plan, and provide annual reports with updates to all staff members. The 22 non-regional or non-Western Hemisphere member countries, consisting of 16 European states plus Israel and Japan, joined between 1976 and 1986. Alberto Nadal (Spain) Christina Anna Koelldorfer (Austria) Peter Ellehj (Denmark) 687,703. Represents Unit/technical area internally and externally. The Board of Executive Directors has five Standing Committees that review and discuss documents. Identifies potential client needs, develops strategies and promotes IDB activities that meet client requirements. Ive inquired about pay but its gotten nowhere. Leads the training, development, coaching and mentoring of others. Core requirements: The Board of Executive Directors is responsible for the conduct of the operations of the Bank and for this purpose may exercise all the powers delegated by the Board of Governors. Minimum Years of Experience: 1 These can be taken either continuously or in a flexible way. Inter-American Development Bank employees attributed a compensation and benefits rating of 3.8/5 stars to their company. How many staff positions does the IDB fill each year? Alternative Work Schedules: Individual scheduling arrangements are offered at the discretion of your supervisor: Flexible Schedule, Compressed Schedule, and Telework. Dental Program: The Dental Plan covers routine preventive care, and other services including orthodontics. Bank Official Languages: At least 2 Bank Official Languages: At least 2 May provide procedural and/or task guidance to more junior staff. Supports operations ensuring a results management structure for the design and execution of strategy, program(s), and the country portfolio that responds to the strategic objectives shared between the country and the Bank. Updated February 24, 2023 What is the average salary for Inter-American Development Bank employees in the United States? A member of the Inter-American Development Bank Group. Coaches and mentors junior staff to build technical expertise. We announce our vacancies on the IDBs website, and regularly highlight some opportunities on our LinkedIn and Facebook pages. You can unsubscribe from job alert emails any time. Conducts and/or coordinates complex research and analysis. He is responsible for the Banks day-to-day business and manages its operations and administration with the assistance of the staff of the Office of the Presidency. on-site regular child care services and offsite emergency child care services. Bank Official Languages: At least 2 Title remains the same and a 30% salary increase. Identifies opportunities to improve tools and methodologies in technical area. Bank Official Languages: At least 2 Only 3 percent of companies rely solely on the point-factor method, which assigns a point value to specific jobs within a company. Visit PayScale to research Islamic Development Bank salaries, bonuses, reviews, benefits, and more! Belize became a member in 1992 and Croatia and Slovenia joined as successor states of Yugoslavia in 1993. The President, who is elected by the Board of Governors, chairs the meetings of the Board of Executive Directors but has no vote, except to break a tie. Coordinates Unit activities to resolve business issues and meet business objectives. I have 4 years in retail banking and am interviewing for a KYC Analyst position and a Risk and Control Analyst position currently. $('.container-footer').first().hide(); Minimum Education: Master, Leads the design and implementation of activities which require expert knowledge. Advises or provides input to resolve highly complex technical problems in business area or field of expertise. Title remains the same and a 30% salary increase. The highest-paying job at Inter-American Development Bank is an Investment Officer with a salary of $255,868 per year. Builds on best practices and generates knowledge in area of expertise. Vision: Covers a portion of the expense for eye exams, frames and lenses, and contact lenses. The Board of Executive Directors usually meets once a week and, among other duties, is responsible for approving loan and guarantee proposals,policies, country strategies, the administrative budget, setting interest rates, and making decisions on borrowings and other financial matters. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. Participants are required to contribute to the Plan. Works under regular supervision to perform more complex tasks. Please confirm that you want to proceed with deleting bookmark. Works under moderate supervision to perform routine technical activities. We also hire professionals on a fee basis for specific tasks and projects, under the following terms: We have offices in 29 countries around the world. Works independently with limited oversight. A company's chosen model usually depends on size, compensation philosophy, business objectives, and how competitive the . Single vs. We hire for all offices on a regular basis. Minimum Education: Master, Performs activities requiring applied technical knowledge and a general understanding of the business area. Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. Company reviews. Each member country's voting power is based on its subscription to the institution's Ordinary Capital (OC) resources. salary structure) is a hierarchal group of jobs and salary ranges within an organization. IF I AM NOT A U.S. CITIZEN OR U.S. RESIDENT, HOW DO I GET A G(4) VISA TO WORK AT HEADQUARTERS IN WASHINGTON, D.C.? Learn more about the Institutional Strategy here. The average Inter-American Development Bank salary ranges from approximately $54,000 per year for Graphic Designer to $152,000 per year for Marketing Analyst. Provides input into the identification, development and implementation of projects, programs, studies or activities. Additional Retirement Benefits: Retiree Medical and Dental Coverage, and Retiree Life Insurance Program. Core requirements: Makes technical recommendations which have an impact on business performance, area of expertise and/or development effectiveness. Medical Program: Full range of medical services, such as doctors visits, preventive care, hospitalization, outpatient care, planned procedures, emergency services, urgent care, and more. The average Inter-American Development Bank hourly pay ranges from approximately $24 per hour for an Intern to $51 per hour for a Consultor. 2017-2023 Inter-American Investment Corporation. Our Fair Pay score for The Inter American Development Bank is 2. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. Use our tool to get a personalized report on your market worth. Supports the full cycle of resource planning and management activities. Minimum Education: Bachelors Degree, Performs activities requiring applied knowledge of technical discipline. Governance of the IDB is vested in theBoard of Governors, which tops the organizational structure of the Bank. New research shows how to set pay for remote employees. Works under the limited supervision of others. Find jobs. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. The G(4) visa is based upon employment with a specific international organization and, as such, limits employment in the U.S. to employment with the IDB. Identifies opportunities to improve tools and methodologies in technical area. The G(4) visa is obtained from a U.S. Consulate outside the United States prior to arrival at a point of entry to the U.S., and is issued normally for a period of one to four years, depending on the reciprocity arrangements between the U.S. and the country of citizenship. Family Planning Benefit: Consists of financial assistance granted by the IDB Group to a staff member for expenses incurred when planning to add a child to his/her immediate family through adoption, surrogacy, or reproductive assistance, regardless of the outcome of such endeavors.

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