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World Bank Jobs: Overview

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World Bank Jobs: Overview

Find out everything about Jobs and Careers with the World Bank Group!

Working for an organization such as the World Bank Group (WBG) is a dream for many. Understandably, since the Bank combines good remuneration and a wide range of benefits with meaningful work that can help millions of people and improve their quality of life. In addition, working for the World Bank (WB) means having a global career with a global reach, in a multicultural and pleasant environment; you will be able to construct influential networks and receive encouragement to develop professionally. The World Bank Group offers different opportunities to professionals looking to kick-start their careers with the organization, through which they select highly qualified and motivated people to work in its various areas of activity. There are internship programs, consultant vacancies, young professional programs, administrative jobs, among others.

Because of the above-mentioned reasons, in addition to a competitive remuneration package, career mobility, and the support that successful candidates receive once they are assigned to a position at the organization, World Bank Jobs selection processes are highly sought-after by many young professionals, making them highly competitive.

To help you succeed in the World Bank Jobs Selection Processes, OpenIGO Network has developed a series of related products and services. These include a comprehensive eBook, revising your application documents and a mock interview, based on the World Bank Jobs model.

Discover why you should buy our WB Jobs Products & Services. Access the following links:

Get a free sample of our WB Jobs eBook! (Special Offer)

World Bank Jobs – Products & Services

World Bank Overview

The World Bank Group (WBG) is one of the world’s leading organizations in support of international development. It has 189 member countries and a diverse group of staff with professionals from over 170 nations. Its main goal is to create integrated development solutions to fight poverty and promote shared prosperity among nations. The organization comprises five agencies, of which the two main ones are the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA), which provides funding and technical support for development projects in middle- and lower-income countries.

The World Bank’s main focus: To foster international development and fight poverty, especially in developing nations.

Themes addressed by the World Bank:

  • Climate change
  • Disaster management
  • Education
  • Financial crisis
  • Food crisis
  • Fragile and conflict states
  • Growth and renewable energy
  • Health systems
  • Land reform
  • Public-private partnerships
  • Public sector
  • Water resources

World Bank Jobs - Selection Processes

In order to start a career with the World Bank Group, applicants must know what are the existing recruiting initiatives, their eligibility criteria and different stages of the selection processes, as well as have a broad understanding of the culture and values of this complex international organization.

a) The World Bank Internship Program

For those interested in starting or expanding their international careers while studying for a Master`s program or Doctorate, this program is a great option. The aim of the World Bank Internship Program is to train and provide experience to young graduate students. Besides, it is a good way of learning about the World Bank’s complex structure and work!

The WB Internship Program selects candidates for operational areas (economics, finance, public health, education, and social sciences, among others) and corporate support (accounting, communications, human resources, information technology, treasury, and other corporate services). There are two selection periods for this program:

  • Summer Internship (May – September): with applications between December 1 and January 31;
  • Winter Internship (November – March): with applications between October 1 and 31.

To be eligible for the program, you must:

  • Be enrolled in a Master’s or Doctorate program, with plans of returning to this graduate program following completion of the internship;
  • Be proficient in English. Knowledge of another World Bank official language is an advantage;
  • Be a national of a Member State. 

Applications to this program must be submitted online, through the organization’s website. You must fill out an online application form, as well as upload your CV, Statement of Interest, and proof of enrollment in a Master’s or Doctorate program.

To help you prepare for this competitive selection process, OpenIGO has developed a special eBook for candidates, “The World Bank Internships – The complete guide”, which details all the selection stages. In addition, preparatory services, such as a review of application documents and a mock interview are offered at our online store. Access:

World Bank Internships – Products & Services

b) IFC Summer Internship Program

This is the perfect opportunity for students in their first or second-to-last year of an MBA or similar program. Applications are usually open from December to mid-January. The IFC receives approximately 1500 applications each year, from which 30 to 40 candidates are selected. Successful candidates may work at the IFC headquarters in Washington D.C., or at one of its national or regional offices.

Business development, investment proposal reviews, financial modeling and analysis, portfolio management, and consultancy services are some of the assignments interns might take on during the program.

To apply for the program, candidates must meet the following requirements:

  • Strong interest in and commitment to impact investing and sustainable private sector solutions;
  • Work experience (3-6 years) in finance, which could include investment banking, project finance, corporate finance, consulting, private equity, credit analysis, commercial banking, and/or portfolio management;
  • Knowledge of sectors relevant to IFC and emerging markets experience preferred;
  • Strong analytical, quantitative, communication and negotiation skills;
  • Business development and client relationship skills;
  • Enthusiasm for working in multicultural teams and across borders;
  • Excellent verbal and written communication skills in English; proficiency in one or more other languages including Arabic, Chinese, French, Portuguese, Russian and Spanish strongly preferred.

The IFC internship is a remunerated program, and takes place between May and September, lasting a minimum of four months.

Discover our WB Internships Products & Services

c) ICSID Internship

The International Centre for Settlement of Investment Disputes (ICSID) is a World Bank agency dedicated to resolving conflicts related to international investments in member countries. This is the ideal WBG body for anyone who has an academic and professional profile in the legal field. The aim of this internship program is to contribute towards the professional development of students who show an interest in international investment dispute settlement and international investment law.

Internships last for a minimum period of 12 weeks, and interns must work for a minimum of 10 (ten) hours per week. Interns are assigned to work at the ICSID headquarters in Washington, D.C.

The minimum requirements to apply to this program are:

  • Be enrolled in a graduate program;
  • Be able to provide written confirmation stating that you will either: (i) obtain academic credit for at least one term/semester in a course of study; or (ii) will be provided with a stipend by your university for the duration of the internship;
  • Have or be able to obtain an F1 or G4 visa, or be a U.S. citizen or resident (Green Card holders), and
  • Be able to cover the costs of travel, accommodation, and living expenses in Washington, D.C.
  • Satisfy the requirements of your university for an internship

Additionally, candidates must meet other requirements such as:

  • A demonstrated interest and knowledge of investor-State dispute settlement and international investment law;
  • Rising 3L, LLM or Ph.D. student;
  • Fluency in English and preferably in at least one of the other two official languages of ICSID (i.e., French and Spanish);
  • Ability to conduct research on a range of issues in the fields of arbitration and investment law;
  • Strong writing and legal drafting skills.

The internships take place annually in three different periods:

  1. January-April;
  2. May-August, and
  3. September-December.

To apply, you must complete the form available on the ICSID website, attaching a CV and proof of enrollment in a graduation course (Master’s or doctorate). Documents should then be sent to the following e-mail: icsidinternship@worldbank.org.

Here are the usual application deadlines:

  • June 15 for the September-December Internship period (fall semester);
  • November 15 for the January-April Internship period (spring semester); and
  • January 15 for the May-August Internship period (summer semester).

Discover our WB Internships Products & Services

d) The World Bank Group YPP 

If you have a strong desire to work in the area of international development and hold a Master’s or doctorate qualification, as well as relevant professional experience in a co-related field, the WBG YPP might be the ideal program for you. The WBG YPP is a program designed to select highly qualified young professionals who have technical knowledge, relevant work experience, and leadership skills, from different cultural backgrounds.

This is considered the WBG’s most prestigious program, with those selected allocated to work in the organization’s operational areas. Applications for the program usually open in two periods. Here is the timeline for the 2020 WBG YPP. Candidates can expect something similar for future programs:

  • Between June 1 and 31 – applications are open for candidates who fulfill the requirements for all three institutions;
  • Between August 17 and September 21 – applications re-open for candidates who fulfill the application requirements for IFC and MIGA and did not apply in June.

The minimum requirements to take part in this program are:

  • Be born on or after October 1, 1988;
  • Fluency in English;
  • Have a Master’s or doctoral degree and specialize in a field relevant to YPP Business Areas*;
  • Although nationals from any country can apply, preference is given to those of WBG member states or countries of operations.

*There are specific requirements to be observed by those who wish to apply for a position with the WB, IFC or MIGA in relation to educational level and work experience:

For candidates interested in the WB placement, these requirements are:

  • Complete a relevant master’s degree by June 30 of the selection year or PhD before September of the upcoming year;
  • Demonstrate 3+ years of relevant experience, or the equivalent in continued study at the doctoral level.

For those interested in the IFC or MIGA placement, these requirements are:

  • Complete a relevant graduate degree (e.g. Master’s in Business Administration, Economics, International Relations, Science, and Engineering) before September of the upcoming year;
  • Demonstrate 4+ years of relevant experience in finance, political risk insurance and credit enhancement, project/program development, economic development and/or consulting. Certifications such as the CFA are a plus.

The majority of candidates usually exceed the minimum eligibility requirements. Therefore, it is important to observe that additional qualifications are also desirable in order to excel in this selection process, such as:

  • Display a commitment and passion for international development;
  • Possess outstanding academic credentials;
  • Exhibit excellent client engagement and team leadership skills;
  • Work experience in emerging markets or developing countries;
  • Full proficiency in one of the following official WBG languages: Arabic, Chinese, French, Portuguese, Russian, and Spanish.

Applications to this program must be submitted online, through the organization’s website. You must fill out an online application form, as well as upload the following documents:

  • Curriculum Vitae;
  • Course certificates;
  • Abstract of dissertation/thesis;
  • 2 application essays. 

In order to help you prepare for this competitive program, OpenIGO has developed a special eBook, “The World Bank Group Young Professionals Program – The essential guide”, which aims to prepare candidates for all the stages of the selection process. Special services, such as application reviews and mock interviews, are also available. Access:

World Bank YPP – Products & Services

e) The World Bank Group Analyst Program

Another important World Bank Group recruitment initiative is its Analyst Program, which selects young professionals to work for two years in a specific practice, region, or corporate unit in the World Bank Group. The activities you can carry out as an analyst include management and data analysis, research, project management, communications, finance, among others.

To apply for this program, you must meet the following requirements:

  • Citizenship of a World Bank Group member country;
  • Passion to contribute to the World Bank Group mission to end extreme poverty and boost shared prosperity;
  • Maximum age of 28 (i.e., born on or after January 1st, 1989);
  • Master’s or Bachelor’s degree in a relevant field;
  • One to three years of relevant work experience in one or more specialty areas;
  • Analytical thinking, proven academic success, strong written and oral communication skills, and leadership potential;
  • Experience working or studying in developing countries is preferred;
  • Fluency in English is required. Fluency or proficiency in other languages, particularly Arabic, Chinese, French, Portuguese, Spanish, or Russian, is preferred.

Please be aware that applications for this program open according to demand. In other words, this program is not available every year.

Discover our WB Jobs Products & Services

f) WBG Consultant

The WGB does not have a proper “consultancy program” but this type of work is very relevant to the Bank’s operations. Consultancy vacancies are offered due to an organization’s need to fill specific positions in some of its projects or areas.

Consultancy is an excellent way of starting a working relationship with the WBG! It is true that the contract is to work for a defined period but it will enable you to network and maintain long-term contact with the Bank. Consultancy contracts may be short-term (maximum of 150 days) or extended, lasting for one year, and may be renewed for a further 12 months.

Firstly, to be a World Bank consultant, you must be a specialist in one of its job families, with some additional knowledge of one of the regions of the world. Among the activities carried out by consultants are: writing reports and technical opinions; assisting with project planning and development; conducting research, and working as a work team advisor.

Those interested in this type of vacancy should search the organization’s job site. To find the vacancy that best fits your profile, use the job family, location and organization filters. The minimum requirements for consultants vary from vacancy to vacancy but, generally speaking, they require university qualifications, fluency in English and experience in the working area.

With regards to the documents required, prepare your Resume or Curriculum Vitae and a Cover Letter, presenting your qualifications and why you are interested in working for the World Bank Group. As a consultant, you will not be part of the World Bank’s permanent staff, but will have the right to organizational identification (ID), a salary payment and access to some of the benefits, according to the type of contract signed. Consultants cannot lead teams or projects within the Bank.

Discover our WB Jobs Products & Services

World Bank Jobs - General Requirements

Before applying for a vacancy at an organization, it is important to understand which staff profile it employs and looks for in its selection processes. This will help you to: understand if your professional profile fits with what the organization is looking for; to get ready, in order to have greater chances of success in future selection processes, and to prepare a better curriculum and application documents required for your application. Therefore, an overview of the World Bank Group staff profile will be presented in this section, so that you will be able to gain a better understanding of what this organization looks for in its human resources.

What is the age limit to apply for jobs with the World Bank? 

The age limit requirement varies according to the different World Bank Jobs selection processes. For instance, candidates looking to apply to the World Bank Young Professionals Program, cannot be older than 32 years of age. Whereas, the World Bank Internship Program does not establish an age limit for candidates. Consultancy vacancies and other WB job openings might accept candidates from different age ranges. 

What is the education requirement/academic background for jobs with the World Bank?

If you intend to apply for a position with the World Bank Group, your level of education shall be taken into account during the screening of applications. A Bachelor’s degree, for example, is required for administrative and support vacancies. For its core activities, which involve consultancy work and technical analysis, the Bank expects its staff to have more advanced knowledge. As a consequence, Master’s or doctorate qualifications are a minimum requirement to apply for these vacancies.

Therefore, if you intend to build a career for yourself at the World Bank Group and increase your chances of taking on bigger challenges and higher positions, holding a Master’s or doctorate qualification should be part of your career plans. Although no restrictions are placed regarding the university attended, the majority of the Bank’s Staff Members have studied at the most prestigious higher education institutions around the world.

What is the language requirement for jobs with the World Bank?

Fluency in English is usually a requirement. A command of one or more of the World Bank Group’s working languages (which are Arabic, Chinese, French, Portuguese, Russian, and Spanish) is (usually) not compulsory, but is a desired additional qualification for a candidate.

What are the fields of study required for jobs with the World Bank?

The World Bank’s work portfolio is quite extensive, including various areas, such as agriculture and food, climate change, competitiveness, digital development, disaster risk management, education, energy, the environment, extractive industries, financial inclusion, conflicts and violence, gender, governance, health, inequality and shared prosperity, infrastructure, jobs and development, macroeconomics and fiscal management, nutrition, poverty, public-private partnerships, regional integration, development and social protection, trade, transport, urban development, and water.

When studying one of these areas, you should try to connect your knowledge with the topics of international development and eradication of poverty, since these are the World Bank’s goals. However, remember that we are talking about a development bank, therefore, it is important  for you to have a basic knowledge of Economics.

What type of work experience is required from candidates?

Generally speaking, candidates who are successful in the various WBG selection processes already have some prior work experience. If your dream is working for the WBG, then you should look to gain work experience in the different development topics. These experiences may be at other international organizations, non-governmental organizations, the government or private sector. It may be as a consultant, volunteer, intern, researcher or Staff Member.

You should prioritize experience linked to your area of expertise and which will contribute towards the wide range of development topics. Another aspect to consider, is the importance of gaining work experience in developing or under-developed countries, since the Bank’s work focuses on these locations. This is not a requirement, but will make a significant difference. Therefore, if you live in a developed country, do not miss the opportunity for an exchange or internship in a developing country.

What are the competences required for jobs with the World Bank?

It is not just educational qualifications and professional experience that are important in World Bank selections. The organization rigorously assesses candidates’ competences at all times during the selection process, such as critical thinking, analytical and quantitative understanding, written and oral communication, diplomacy, team work, empathy, and ethics, among so many others. Therefore, you should look to develop the competences desired, since they will be evaluated and tested during the various World Bank selection processes, and they have significant weight in the recruiters’ evaluation. However, you may be asking yourself “what exactly is competence?”, and “Can I develop them?”.

A widespread understanding of “competence” which has guided the recruitment of people at intergovernmental organizations, such as the World Bank Group, established competence as a set of four elements, known by the acronym KSAV: Knowledge, Skills, Attitudes and Values.

Knowledge: Know-how. This refers to the set of theoretical and technical skills which an individual can consciously access in order to carry out activities. This knowledge may be learned through courses, specialization, training and capacity-building, etc.

Skills: Knowing how to do something. This is the practical and productive application of knowledge. It results from practice, making mistakes, training and application, etc.

Attitudes: Wanting to do. Attitude means being able to employ knowledge and skills (called technical competences) in order to achieve established goals. These are behavioral competences which drive an individual to want to perform, overcome challenges and innovate.

Values: These are the fundamental principles which orientate how an individual behaves. These principles influence a person’s decision-making and their professional results.  For this reason, an organization seeks people who have values consistent with their own.

Summarizing, competence is understood as the knowledge, skills, attitudes and values which condition behaviors that have an influence on the efficient completion of tasks required for a specific position. The majority of studies indicate that competences can be developed. The idea of learning and/or developing competences grew after concepts of competence, such as KSAV, were established, since these elements can be developed. Therefore, learning competences can be understood as the process through which an individual change their behavior in specific situations by acquiring new knowledge. Among the various forms of competency development are the following: reading; listening and observation; courses and training; practical experiences, and mentoring and coaching programs.

Find out more information on WB Jobs and Careers (PDF eBook)

World Bank Jobs - Interview

World Bank Interview Model

For the On-Site Interview, generally, the World Bank uses the traditional, technical and behavioral-event interview model with the purpose of testing the candidates’ technical knowledge, competencies and their general domain about the organization’s operations, objectives and mission. 

World Bank Interview Questions

Candidates are usually asked three types of questions: a) Introductory and Traditional questions; b) Technical Questions; and c) Behavioral-event questions. Below, we present relevant examples about these types of questions extracted from the website Glass Door which contains real testimonies from candidates that experienced firsthand the World Bank interview process.

 a) Introductory and traditional questions (questions regarding the main motivation that led the candidate to apply for the World Bank job opening or questions about their experience and employment history). Examples:

  • What do you know about the World Bank Group?
  • Why do you want to work for the World Bank?
  • Walk me through your CV highlighting what you think is relevant for this job opening
  • What other companies are you/will you apply for?
  • What skills do you possess?
  • Tell us about your experience with (development topic)

b) Technical questions related to the World Bank’s working areas, such as investment and financial analysis. Examples:

  • You have a company that just raised 100 million in debt – how does this impact each financial statement?
  • Why is EBITDA sometimes not a good proxy for cash?
  • Which would be the best investment structure for the IFC to invest in a hypothetical foreign project: debt or equity?
  • Walk me through the entries of an income statement or statement of cash flows
  • Could you calculate EBITDA margin? (They may present some figures and ask the candidate to make assumptions about it)

c) Behavioral-event questions to test the capabilities of the candidate in dealing with challenging situations, in order to perceive competencies. Examples:

  • Have you had an experience where you were feeling pressured by your boss and you had to multi-task? How did you deal with it?
  • Tell us about a challenging project you took on and how you dealt with it.
  • If you are given a proposal by your boss what are the key things/analysis that you would do to make an investment decision?
  • Tell me about your experience in dealing with clients.

To help you feel more secure and greatly improve your performance during the World Bank Jobs interview stage, OpenIGO Network has developed a mock interview, as per the World Bank original model, with a specialized professional who has extensive experience. Click on the link below to find out more about our World Bank Jobs Mock Interview service:

Mock Interview

World Bank Jobs - Assignment Features

WB Jobs – Hierarchical levels

The World Bank has 10 hierarchical levels in its structure that range from GA to GJ levels. The initial letter ‘G’ indicates the level, and the letters from A to J indicate the positions that the Staff Member occupies within the hierarchy. The image below illustrates this structure:

WB Jobs Grade Level

WB Jobs – Career Types

The World Bank Group has three classifications used to differentiate its different career plans, which are:



Administrative From level GA to GD, they correspond to operation support roles. Among these are: Office Assistant, Office Manager and Executive Assistant.
Professional and Technical Correspond to the roles that focus knowledge in the WBG’s core areas.

·        Levels GA to GD require a Bachelor’s degree with two or three years’ experience;

·        Levels GE to GJ require a Master’s or doctorate qualification, with five years’ professional experience

Managerial Correspond to managerial roles. They are positions responsible for team management, work schedules and budgets. At this level are: Sector Manager, Sector Director, Country Manager, Vice-President, and others.

WB Jobs – Types of Appointment

Every World Bank Group Staff Member has a contract prepared by the Bank’s HR department, in the name of its Vice-President or a designated person. These contracts stipulate the work regime, date to start the activities, starting salary and the probation period. But what types of contract are there? The table below presents each of these:



Open-ended appointment It is an appointment of indefinite duration made after June 30, 1998.
Term appointment It is an appointment for a specified duration of a minimum of one year and a maximum of five years per appointment except: Staff Member appointed to an Administrative Client Support position in the Executive Directors’ offices will initially be appointed to a two-year term which may be extended, terminated or converted to an open-ended appointment in accordance with the Procedure, “Converting Term Appointments to Open-Ended Appointments for Administrative and Client Support (ACS) Staff in Executive Directors’ Offices.”
An executive director’s advisor appointment It is coterminous with the term of an Executive Director unless the Executive Director decides that the appointment will be renewed, extended or terminated at an earlier date.
Special assignment appointment It is a full-time appointment without pay, and, except as approved by the Manager, HR Operations, or a Designated Official, without benefits, of an official of a member country, regional agency, development bank, international organization or private enterprise to the Staff of the Bank Group for the purpose of receiving or using experience and contributing to the Bank Group’s work program.
Extended term temporary appointment (ETT) It is a full-time appointment at the equivalent of grades GA-GD, for a minimum of one year, renewable for a second year, subject to a lifetime maximum of two years for all Extended Term appointments.
Short term temporary appointment (STT) It is a periodic appointment, with or without pay and without benefits, at the equivalent of grades GA-GD, for a maximum of 1,200 hours inclusive of overtime in a fiscal year. Service performed for the Bank Group under a Bank Group appointment will be counted towards the 1,200-hour limit. In the case of a former Staff Member, service performed for the Bank Group through a vendor or temporary agency will be counted towards the 1,200-hour limit.
Extended term consultant appointment (ETC) It is a full-time appointment at the equivalent of grade GE or above for a minimum of one year, renewable for a second year, subject to a lifetime maximum of two years for all Extended Term appointments.
Short term consultant appointment (STC) It is a periodic appointment, with or without pay and without benefits, at the equivalent of grades GE or above for a maximum of 150 days in a fiscal year. Service performed for the Bank Group under a Bank Group appointment will be counted towards the 150-day limit. In the case of a former Staff Member, service performed for the Bank Group through a vendor or temporary agency will be counted towards the 150-day limit.

World Bank Group work regulations

i) Working hours

The working hours at the World Bank headquarters in Washington D.C (USA), are from 9:00 am until 5:30 pm, from Monday to Friday, including a lunch hour. At the Bank’s other offices around the world, the working hours may vary according to local customs and laws. However, the weekly workload will not exceed 40 hours.

We highlight that there is a possibility of negotiating alternative working hours, mainly in locations in which activities are performed in shifts or when working from home. For those who are on a mission, the working hours are established by the group manager.

ii) Restrictions due to family ties

If you wish to work at the World Bank but have relatives who work there, your application may be restricted, or you may even be ineligible. The World Bank classifies family relations in two groups: the first, which does not allow job applications, and the second in which applications are allowed, depending on a number of factors. The table below fully explains these groups:

Group 1: blood relatives or through adoption, are not eligible to take positions at the organization;


·  Father, mother, son and daughter.

·  Brother, sister, half-brother and half-sister.

·  Uncle, aunt, nephew and niece.

Group 2: blood relatives or through adoption, are eligible for positions at the organization, so long as they do not work in the same division or unit and do not have a direct or indirect supervisory relationship. Nor may their activities place them in direct contact during their professional routine.


Whole-relationships: daughter-in-law, son-in-law, sister-in-law, brother-in-law, mother-in-law, father-in-law, grandmother, grandfather, granddaughter, grandson and cousin

Step relationships: step-mother, step-father, step-sister, step-brother, step-daughter, step-son, step-aunt and step-uncle.

Half relationships: half-aunt, half-uncle, half-niece and half-nephew.

Domestic relationships: mother of domestic partner, father of domestic partner, sister of domestic partner, brother of domestic partner, daughter of domestic partner and son of domestic partner.

World Bank Jobs Salary and Benefits

In order to attract new talent, the World Bank does not only rely on its international prestige, but also a good remuneration policy, compatible with the market. The World Bank salary table is reviewed annually between June and July (start of the fiscal year) and established from an average figure in the local market in the Washington D.C. region.

The salary table for the 2019 fiscal year is presented below:

WB Jobs Salary - Table

Source: 2019 Review of Staff Compensation for the World Bank Group

In addition to good salaries, World Bank Group Staff Members also receive various benefits, some of which are listed below:

Health, life, accident, and other insurance programs

Staff and any eligible dependents can select one of three types of dental and health insurance programs. Life and accident insurance and invalidity coverage are offered to all Staff Members at no additional charge. However, there is the possibility of contracting additional life and accident insurance but Staff Members must cover the costs.

Annual leave

Annual leave or vacations is paid absence from work to relax. WBG Staff Members have the right to a minimum of 120 hours` leave per annum.

Pension plan

The pension plan covers everyone. Staff Members must contribute to the plan, which is used as a pension following retirement.

Relocation, resettlement, and expatriate benefits

If the person hired is allocated to a position in another country, s/he has the right to receive relocation and resettlement benefits. This regulation is applied to those selected to work at the headquarters and arriving from other countries.

Paid leave

New Staff Members receive 26 days` annual leave and up to 15 days sick leave per annum.

Sick leave

Sick leave may be taken when a Staff Member is incapacitated by sickness or injury, when undergoing examination or treatment for physical (medical, dental, optical) or mental illness, or when, because of exposure to contagious diseases, the presence of the Staff Member at work would jeopardize the health of others. Sick leave accrues daily at the rate of 120 hours per leave year.

Tax allowance

For Staff Members who are not US citizens, since they are employed by an international organization, they are not liable for tax payments in the country. For American citizens, the WBG awards an additional payment to cover federal, state, and location income tax liabilities on their World Bank Group income.

Financial assistance

World Bank Group Members have the right to financial assistance, such as: loans for settling-in expenses; loans in connection with leave or external services without pay; emergency loans and education and housing loans.

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