Inter-American Development Bank Reviews

Updated Jul 23, 2021

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Found 309 of over 503 reviews

3.9
83%
Recommend to a Friend
91%
Approve of CEO
Inter-American Development Bank President  Mauricio Claver Carone
Mauricio Claver Carone
18 Ratings
Pros
  • "Great place for work-life balance(in 47 reviews)

  • "With your knowledge and work could improve lives in Latin America and the Caribbean(in 39 reviews)

  • Cons
  • "If you a consultant forget about getting a staff position(in 26 reviews)

  • "Consultants in need of a G4 visa do staff work with no benefits or stability(in 19 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
    1. 5.0
      Former Employee, more than 5 years
      Featured Review

      Improving Lives

      Oct 9, 2020 - Executive Director in Washington, DC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Improving lives in Latin America and the Caribbean through financial and technical support that reduce poverty and inequality I,proving health, education, and advance infrastructure among others.

      Cons

      There is nothing to worry about working in the IDB

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      Inter-American Development Bank Response

      Sourcing

      Thank you for taking the time to provide feedback. We work every day to improve lives in Latin America and the Caribbean and strive to offer a rewarding positive experience for all our employees.

    2. 1.0
      Current Employee, more than 3 years

      Is it Diverse? Kinda... or Egalitarian? No ... ok, but is it Inclusive? You wish

      May 18, 2021 - Human Resources Consultant in Washington, DC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      So, it is hard to mention the pros for this company as a consultant. Because compared to other employees in the bank you are or in a better position or you aren't. So basically, the pros are: You get $250 for your individual insurance in USA (but there is a catch, they are only paying you 50% of the insurance you should get in the market). If you stick to what they say, you will be spending more on insurance than you have planned. There is a slight possibility you can get an extension of your contract (max of 3 years with the most idiotic hiring policy for consultants) or if you have a lot of luck, you can get a staff position (which comes with the corporate insurance, you get more vacations days, retirement plan and the slight possibility to get at least 2 raises in your ENTIRE bank's life).

      Cons

      If you didn't know about the REPATRIATION and RELOCATION allowances during your negotiation of the contract, you won't get it later. HR won't tell you about it, because HR is not there for you... it is there to protect the company. There is nothing they would like to do to keep you working as a consultant. It doesn't matter if you worked +80 hours a week during your 3 years, if you were the best in the area and they don't have a position to offer you, they cannot keep you working. If you find a staff position in another division, it is quite difficult to get it, people HIRE people who are recommended or they trust.

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      7 people found this review helpful
    3. 4.0
      Current Employee

      Great place to work

      Jul 23, 2021 - Consultant in Washington, DC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great atmosphere, interesting projects, learning opportunities.

      Cons

      Very hard to advance in your career within the bank.

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    4. 5.0
      Current Employee

      Great place to work

      Jul 19, 2021 - Senior Innovation Consultant in San Salvador
      Recommend
      CEO Approval
      Business Outlook

      Pros

      At the edge of innovation

      Cons

      There are no cons for this company

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    5. 4.0
      Current Employee, less than 1 year

      Good place to start

      Jul 13, 2021 - Legal Consultant in Washington, DC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Ok compensation and big network

      Cons

      Stagnant hierarchy and not willing to change

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    6. 4.0
      Current Employee

      Great place to work

      Jul 6, 2021 - Consultant in São Paulo, São Paulo, São Paulo
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good team and excellent professionals

      Cons

      A bit disorganized but nothing to be worried about.

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    7. 4.0
      Current Employee, more than 3 years

      Great opportunity to create impact, great colleagues

      Jun 4, 2021 - Climate Change Consultant in Washington, DC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Latin people, great work impact, awesome opportunity to learn and advance in future career opportunities (but not within the bank, as there is no career plan for consultants)

      Cons

      no career chances for consultants

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    8. 5.0
      Former Employee

      Great Place to Work

      Jun 17, 2021 - Chief of Operations in Washington, DC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Intelligent people with purpose that genuinely try to better the region

      Cons

      Can be overly bureaucratic like all of the other IFI's.

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    9. 1.0
      Current Employee, more than 5 years

      Abusive and not support for career growth

      May 23, 2021 - Consultant in Washington, DC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      salary and looks goods look on the resume

      Cons

      Terrible supervisors, micro-managers, bullies. Lack of career support and mentoring for consultants. If you are a consultant you are treated like a second-class citizen. Staff will not invite you to meetings even if you are leading the project, they will try to remove you from the field missions that you are organizing, and if you manage to go or attend the meeting they will prevent you from speaking. Consultant women are given the secretary jobs, not considered or even given the opportunity to write the policy papers, those are usually given to men even if they just finish university and you have a master degree and experience in the field, they think you have the job just for fun and not to get bored like when women joined the labor force in 1950s. There are very limited opportunities to transition into staff, if you get a clearance after you had a successful panel, they will ignore it or even go out of their way to change the track of a new staff opening to force you to go through a panel again and avoid hiring you, a total waste of time. If you are not using the clearance system just get rid of it, stop pretending. Supervisors will pretend to speak highly of his/her team but in reality just want to keep you in the dark, so that he/she can be in charge of the really important stuff. They make you sign in a timesheet every month but you can only record 8 hours per day, so even if you overworked a week to get the project done you can only record 8 hours. Its rediculous and a total waste of time.

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      3 people found this review helpful
    10. 4.0
      Current Employee

      Good Place to Work

      May 18, 2021 - Environmental and Social Risk Officer in Washington, DC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Flexibility, good salary, personal leaves

      Cons

      Burocracy, nothing else to add.

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    Viewing 1 - 10 of 309 Reviews

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