Bank Official Languages: At least 2 Consultants have 20 business days of paid parental leave and have the option to take 60 additional days of leave without pay. When designed correctly, traditional structures enable the recognition of differing rates of pay for performance and guarantee a reasonable level of control over internal compression and salary expenditures. As a consultant this is a great place to work but only for a maximum of three . Demonstrates mastery in the use of standard and non-standard systems and tools and advises others on their effective use. 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. Please log in as a SHRM member. May work as a member of a multidisciplinary team and coordinate work within and beyond own Unit. in order to qualify for any type of employment. Please note that all such forms and policies should be reviewed by your legal counsel for compliance with applicable law, and should be modified to suit your organizations culture, industry, and practices. Read what they think about their salaries on our Compensation FAQ page for , Get started with your Free Employer Profile, Consultant salaries - 264 salaries reported, Research Fellow salaries - 49 salaries reported, Project Assistant salaries - 18 salaries reported, Senior Consultant salaries - 15 salaries reported, IT Consultant salaries - 15 salaries reported, Specialist salaries - 14 salaries reported, Communications Consultant salaries - 14 salaries reported, Economic Consultant salaries - 9 salaries reported, Internship salaries - 8 salaries reported, Investment Officer salaries - 7 salaries reported, Climate Change Consultant salaries - 7 salaries reported, Operations Consultant salaries - 7 salaries reported, Research Assistant salaries - 7 salaries reported, Lead Specialist salaries - 7 salaries reported, Knowledge Manager salaries - 6 salaries reported, Communications Specialist salaries - 6 salaries reported. Minimum Wages Are On the Rise in Several States. Core requirements: Most companies use a market-pricing approach with current salary survey data for individual jobs, to design and adjust salary range structures (Figure 1). Need help with a specific HR issue like coronavirus or FLSA? The IDB produces an annual report describing its activities and operations during the previous year. Title remains the same and a 30% salary increase. Provides input to resolve complex technical problems in area of expertise. Defines innovative approaches and sets IDB agenda for policy and/or strategy changes in business area or field of expertise. (Trinidad and Tobago) Navita Anganu. $("span.current-site").html("SHRM MENA "); Builds on best practices and generates knowledge in area of expertise. Takes a given business/functional strategy and translates this into clear a set of objectives, guidelines and programs for own area. Dental Program: The Dental Plan covers routine preventive care, and other services including orthodontics. Designs, develops and implements the production, dissemination, and use of the Banks knowledge and learning products. Aligns Divisional plans with broader goals and strategies of the Bank. The Board of Governors holds anannual meetingin March or April of each year to review the Bank's operations and make major policy decisions. WLB, experience and value add. Virtual & Washington, DC | February 26-28, 2023. Covers a diverse mix of professions, skills and trades. A member of the Inter-American Development Bank Group, BYLAWS OF THE INTER-AMERICAN INVESTMENT CORPORATION, REGULATIONS FOR THE ELECTION OF EXECUTIVE DIRECTORS OF THE INTER-AMERICAN, REGULATIONS OF THE EXECUTIVE COMMITTEE OF THE BOARD OF EXECUTIVE DIRECTORS OF THE INTER-AMERICAN INVESTMENT CORPORATION, REGULATIONS OF THE BOARD OF GOVERNORS OF THE IIC, ENVIRONMENTAL AND SOCIAL SUSTAINABILITY POLICY (2020), ENVIRONMENTAL AND SOCIAL SUSTAINABILITY POLICY (2013), 2017-2023 Inter-American Investment Corporation, Does your grievance relate to an IDB Invest project involve in one or more of the following? Hardship Benefits: An allowance granted when the staff member is assigned to a post of duty designated by the IDB Group as a hardship duty station. Focuses on continues improvement and developing capability to do business better. Supports the development, implementation and coordination of communication strategies, materials and events as well as the dissemination of public information. Frequency of Salary Range Structure Review. Effectively uses IDB tools and methodologies. Annual reports also include financial statements and a review of institutional aspects of the Bank. Find Salaries Clear All Washington DC Filter Display as: Annual Pay Periods Annual Pay Periods Monthly Pay Periods Hourly Pay Periods Assorted Pay Periods Sort: Most Salaries Submitted Most Salaries Submitted Highest to Lowest Lowest to Highest Job Title Total Pay Base | Inter-American Development Bank employees attributed a compensation and benefits rating of 3.8/5 stars to their company. Understands and follows relevant policies and procedures. Learn more about the Institutional Strategy here. Bank Official Languages: At least 2 The average Inter-American Development Bank hourly pay ranges from approximately $24 per hour for an Intern to $51 per hour for a Consultor. Interprets relevant procedural guidelines for others and provides guidance on the appropriate application of policies and procedures. In contrast, about four out of five companies with more than 500 employees use salary range structures. Provides procedural and/or task guidance to more junior staff. All applications are submitted through our. Your session has expired. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. include a photo. Average Monthly Salary Islamic Development Bank Idb in Saudi Arabia. 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. The community relies on everyone sharing. Simply scroll down the job listing to see . Table 3. }); if($('.container-footer').length > 1){ 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. Nine percent use a hybrid or mix of traditional and broadband structures. Pay increases are a top concern for 2022 to attract and retain talent, Temporary employee laws: A guide to hiring contract roles, What to include in a termination letter: Template and examples, How to Manage Your Time and Prioritize Your Workload. Minimum Years of Experience: 10 Volunteer: 2 days per calendar year to contribute time to eligible organizations. The approximate total salary for Tax Staff 1-2 is $67,000. The work of the Board of Executive Directors is guided by theRegulationsof the Board of Executive Directors, theCode of Conductof the Board of Executive Directors and theConsolidated Proceduresand Terms of Reference of the Standing Committees. Ive inquired about pay but its gotten nowhere. 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. You'll first see general background information about the IDB in each job description. The IDB Group tax reimbursement covers federal income tax, state tax, the employer portion of Social Security tax, the employer and employee portion of Medicare tax (including additional Medicare tax, if applicable). Minimum Years of Experience: 3 Directs the development, implementation, and evaluation of human resource management activities and policies in areas such as staffing, compensation, talent management, leadership development, benefits, etc. We hire for all offices on a regular basis. The formula is a percentage of the participants highest 5 consecutive years average remuneration for every year of service. Use our tool to get a personalized report on your market worth. Our model gets smarter over time as more people share salaries on Glassdoor. This benefit is paid every 2 years of active service and includes a travel allowance and an additional allowance for the staff member and eligible dependents. An Inter-American Development Bank (IDB) analysis of government spending in key areas such as education, health and social security noted that NIB's compensation structure "appears high" given that the average annual pay and benefits package taken home by staff was just $1,000 less than the Auditor General's salary. 2010 Culpepper Salary Range Structure Practices Survey, November 2010. Bank Official Languages: At least 2 The Board of Executive Directors has five Standing Committees that review and discuss documents. This is a great company if you are hired as a staff position. Contributes to the development of innovative approaches, policy and/or strategy changes in business area or field of expertise. Performs routine functions. Inter-American Development Bank employees rate the overall compensation and benefits package 3.8/5 stars. Uses systems and tools to generate data and produce documents/reports. Salaries posted anonymously by Inter-American Development Bank employees. Transform pay with our enterprise-grade comp platform, Automate compensation with our full-suite solution, Payscale's employer-reported salary data network, The world`s largest employee-submitted pay database, Annual survey salary data from HR industry publishers, The crowdsourced compensation data API for developers, 100% company submitted data from 2,000+ businesses, Schedule a personalized demo to feel the power of Payscale, Find salary information for similar job titles and locations, Comp Planning Business Case Pitch Deck By clicking Download Pitch Deck, you. Effectively uses standard equipment, systems and tools to perform work. Life, Accident, and Disability Insurance: IDB Group provides you with additional insurance against accidents, disability, and loss of life. 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. Conducts and/or coordinates complex research and analysis. var temp_style = document.createElement('style'); How much do Inter-American Development Bank employees make? I thought my 5 year was going to finally show something but it did not. 4.851%. 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. The highest reported salary for an employee at The Inter American Development Bank is currently $NaN / year, Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning. The Education Benefit will be paid as a reimbursement at the end of the academic year, upon meeting the requirements set by the IDB Group at the rate of 75% for Basic Education tuition and 50% for Higher Education tuition. Source: Their average base salary starts at about $150,000 and increases to about $200,000 in equal increments over the years. Bank Official Languages: At least 2 ADB headquarters national and administrative staff salary structure effective 1 January 2023. A The IDB is the only multilateral financial institution with offices in all 26 countries in Latin America and the Caribbean. Salary structures often are expressed as pay grades or job grades that reflect the value of a job in the external market and/or the internal value to an organization. Commercial Customer Service Representative. Supports the development and deployment of strategies and conditions to improve knowledge and learning in the Bank and in borrowing member countries. Follows established work procedures. Identifies opportunities to improve tools and methodologies in technical area. 2021 Annual Report 2020 Annual Report 2019 Annual Report 2018 Annual Report 2017 Annual Report 2016 Annual Report 2015 Annual Report Most positions require oral and written proficiency in English and at least one of the other official languages. Individuals who provide consulting services normally associated with specifically defined products or expert advice or services. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Secondary= High SchoolAssociates= Technical Degree,Vocational DegreeBachelors= Undergraduate Degree, University Degree, BSc, BAMasters= Graduate Degree, MA, MBA, MFA, MSc, MEngDoctorate= Doctoral Degree, PhD. Please note that these numbers do not represent all banks, and actuals can vary. Our headquarters are located in the United States, and we also have offices in Europe and Asia. New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve. Read reviews from current employees that include compensation and culture insights. Annual: 2 days per month, up to a maximum of 24 days per calendar year. Supports strategic budget and human resources planning and performance monitoring. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. No consulting experience. 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. Learn how SHRM Certification can accelerate your career growth by earning a SHRM-CP or SHRM-SCP. Why do people leave their jobs? PRINCIPAL TECHNICAL LEADER / PRINCIPAL ADVISOR. Minimum Years of Experience: 5 Staff can retire at 35 years of work or 65 years of age whatever comes first. Read what they think about their salaries on our Compensation FAQ page for , Get started with your Free Employer Profile, Consultant salaries - 268 salaries reported, Research Fellow salaries - 49 salaries reported, Project Assistant salaries - 19 salaries reported, IT Consultant salaries - 16 salaries reported, Senior Consultant salaries - 15 salaries reported, Communications Consultant salaries - 15 salaries reported, Specialist salaries - 14 salaries reported, Economic Consultant salaries - 9 salaries reported, Internship salaries - 8 salaries reported, Project Manager salaries - 7 salaries reported, Climate Change Consultant salaries - 7 salaries reported, Communications Specialist salaries - 7 salaries reported, Lead Specialist salaries - 7 salaries reported, Investment Officer salaries - 7 salaries reported, Operations Consultant salaries - 7 salaries reported, Research Assistant salaries - 7 salaries reported. Ensures that workplace practices and behaviors comply with IDBs policies related to ethics and respect in the workplace.