Sunday, August 16, 2009

Compensation & Benefits

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The World Bank Group offers internationally competitive salaries based on your educational and professional experience.


Health, Life, Accident, and Other Insurance Programs:

Headquarters-recruited staff and their eligible family members (including domestic partners) may choose from three comprehensive medical/dental benefit plans available, with no preexisting condition exclusions if enrollment is made within 31 days of entry-on-duty. Staff members recruited to a Country Office are also eligible for a comprehensive medical/dental benefits plan for themselves and eligible family members including domestic partners.

The World Bank also provides basic life and accident insurance to all staff at no cost, and Headquarters-recruited staff can also elect additional life and accident insurance coverage at their own expense. Disability and Worker's Compensation coverage is also provided to all staff at no cost.


Pension Plan:

The World Bank sponsors a comprehensive pension plan for all staff. Both staff and the World Bank make a contribution towards a pension which is utilized upon retirement.


Relocation, Resettlement and Expatriate Benefits:

For staff appointed to positions subject to international recruitment, the World Bank pays relocation benefits upon appointment and resettlement benefits upon end of employment. The World Bank also pays a mobility premium to eligible expatriate staff appointed to positions at Headquarters subject to international recruitment, with eligibility based on nationality and visa/residency status in the appointment duty station. (Staff members appointed to non-Headquarters positions subject to international recruitment may be eligible for other expatriate benefits.)


Paid Leave:

New staff receive 26 days of annual leave and 15 days of sick leave per year, accrued daily.

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