The IDB was founded in 1959 as a partnership between 19 Latin American countries and the United States. May work as a member of a multidisciplinary team and coordinate work within and beyond own Unit. Please use this form to request information or documents that you have not been able to find on our website. }); if($('.container-footer').length > 1){ 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. IDB Groups relocation and economic benefits are part of the compensation package provided for service to IDB Groups mission. Salary range spreads and midpoint-to-midpoint differentials vary significantly by job level. The Inter American Development Bank Salary Average Salary for The Inter American Development Bank Employees Overview Salaries Reviews Job Listings Similar Companies $68k Avg. Thanks! Read what they think about their salaries on our Compensation FAQ page for Inter-American Development Bank. They bag bonuses of about 50% of the base on average, but some elite boutique banks award bonuses well over 100%. Dependency Allowance: IDB Groups dependency allowance is a payment on behalf of officially recognized dependents. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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. The average Inter-American Development Bank hourly pay ranges from approximately $24 per hour for an Intern to $51 per hour for a Consultor. Today the IDB is owned by 48 member states, of which 26 are borrowing members in Latin America and the Caribbean. With the same visa status being granted to eligible dependent(s) who reside with the Bank employee. Supports the administration and management of the IDBs accounting and budget affairs. 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. Contributes to the training and development of others and coaches and mentors junior staff to build technical expertise. Seventy-two percent of surveyed companies reported having formal salary range structures (Table 1). Bank Official Languages: At least 2 Makes technical recommendations which have an impact on business performance, area of expertise and/or development effectiveness. Five (5) years of Qualifying Service are required to be eligible for a normal retirement pension and ten (10) years of Qualifying Service are required to be eligible for retirement with a pension at age 55 or later. Minimum Years of Experience: 10 EXPLORE OUR MANY CAREER PATHS Over 12 work roles for every career path ACCOUNTING & BUDGET COMMUNICATIONS CORPORATE SERVICES ECONOMICS FIDUCIARY HUMAN RESOURCES INFORMATION TECHNOLOGY LEARNING AND KNOWLEDGE LEGAL OPERATIONS The IDB produces an annual report describing its activities and operations during the previous year. Gain the intel you need now to successfully anticipate and navigate employment laws, stay compliant and mitigate legal risks. We noticed that your web browser is outdated! 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. What does career mobility and development look like at the IDB? Bank Official Languages: At least 2 Secondary Caregivers 50 business days of leave. Spans activities related to the strategic planning and management of financial and non-financial resources to activities related to the coordination, processing and supervision of specific business transactions. Third Country National (TCN) Staff is a category of employment specifically reserved for positions created for IDB Invest hubs. WLB, experience and value add. Performs activities requiring foundational knowledge of technical discipline. I have MBA + 3 year experience in industry. salary range is the span between the minimum and maximum base salary an organization will pay for a specific job or group of jobs. } Minimum Education: Master, Provides leadership and direction to the Unit. Provides legal support and advice on all legal matters related to the IDB as well as support to public and private sector lending operations. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? 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. Minimum Years of Experience: 10 in order to qualify for any type of employment. The average IDB Bank salary ranges from approximately $109,776 per year for an Associate to $109,776 per year for an Associate. I have 4 years in retail banking and am interviewing for a KYC Analyst position and a Risk and Control Analyst position currently. Please enable scripts and reload this page. You must be a citizen of one of the IDBs 48 member countriesin order to qualify for any type of employment. Updated February 24, 2023 What is the average salary for Inter-American Development Bank employees in the United States? Do you recruit for these offices? The G(4) visa is obtained from a U.S. Consulate outside the United States prior to arrival at a point of . The approximate total salary for Tax Senior is $92,000. 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. Most companies use a market-pricing approach with current salary survey data for individual jobs, to design and adjust salary range structures (Figure 1). a health unit with occupational and non-occupational service, first aid, and emergency. Frequency Salary Range Structures Are Reviewed. Home Country Travel: This benefit assists TCN staff to maintain family, social, professional, and cultural ties with their home country. Leads the sector, operational or regional agenda in the desired direction collaboratively with management and other senior staff. Lactation room: facility on-site to accommodate working new mothers. IDB INVEST INTERNATIONAL SALARY SCALE 139.7 Kb Organizational Structure IDB INVEST ORGANIZATIONAL STRUCTURE 92.8 Kb Ethics CODE OF ETHICS AND PROFESSIONAL CONDUCT 967.8 Kb Quarterly Budget Executions Business plan & Budget 2022 BUSINESS PLAN UPDATE 1.2 Mb 2022 ADMINISTRATION AND CAPITAL BUDGET 911.3 Kb 2021 BUSINESS PLAN UPDATE 591.4 Kb Interprets relevant procedural guidelines for others and provides guidance on the appropriate application of policies and procedures. ADB International Staff Salary Structure Author: Asian Development Bank Subject: ADB international staff salary structure effective 1 January 2023. 2010 Culpepper Salary Range Structure Practices Survey, November 2010. Alternative Work Schedules: Individual scheduling arrangements are offered at the discretion of your supervisor: Flexible Schedule, Compressed Schedule, and Telework. Minimum Education: Master, Leads the design and implementation of activities requiring technical knowledge and a strategic understanding of the business area. Data source: 2010 Culpepper Salary Range Structure Practices Survey of 360 organizations. Determines work priorities and selects most appropriate methods to carry them out. Takes a given business/functional strategy and translates this into clear a set of objectives, guidelines and programs for own area. Using a broadband salary structure, one role at the company may have a salary range of $45,000 to $80,000, with the following pay grades: Effectively uses IDB tools and methodologies. Takes a given business/functional strategy and translates this into clear a set of objectives, guidelines and programs for own area. point factor focusing on internal pay equity. Annual: 2 days per month, up to a maximum of 24 days per calendar year. The average Inter-American Development Bank salary ranges from approximately $46,139 per year for a Case Assistant to $255,868 per year for an Investment Officer. 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. Manages critical relationships with internal and external clients/stakeholders to secure support for significant business initiatives. 16. The average salary for inter american development bank idb jobs is $68,264. May provide procedural and/or task guidance to more junior staff. The community relies on everyone sharing. We announce our vacancies on the IDBs website, and regularly highlight some opportunities on our LinkedIn and Facebook pages. else if(currentUrl.indexOf("/about-shrm/pages/shrm-mena.aspx") > -1) { Establishes goals and expectations for Section/Area staff and makes recommendations on resource and budgetary requirements for annual planning purposes. 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. Company reviews. Performs routine functions. All applications are submitted through our online application system . Neither members nor non-members may reproduce such samples in any other way (e.g., to republish in a book or use for a commercial purpose) without SHRMs permission. May work as a member of a multidisciplinary team and coordinates work within and beyond own Unit. Life, Accident, and Disability Insurance: IDB Group provides you with additional insurance against accidents, disability, and loss of life. Inter-American Development Bank employees rate the overall compensation and benefits package 3.8/5 stars. Most companies with formal base salary structures review their structures annually. Repatriation Travel: For eligible staff members, the IDB Group offers a set of services and an allowance to assist the staff member and eligible dependents to relocate from the staff members last post of duty to her/his point of origin (or place of hire, if applicable). The 22 non-regional or non-Western Hemisphere member countries, consisting of 16 European states plus Israel and Japan, joined between 1976 and 1986. Contributes to the development of new or revised tools, methodologies, procedures and policies. Ensures that workplace practices and behaviors comply with IDBs policies related to ethics and respect in the workplace. . Conducts and/or coordinates complex research and analysis. Leads, manages, mentors and assesses Divisions staff and provides goals and expectations, feedback and technical guidance to optimize performance. 2017-2023 Inter-American Investment Corporation. Read what they think about their salaries on our Compensation FAQ page for Inter-American Development Bank. Do you offer parental leave for parents of newborns, or other family-related services? Works under the regular supervision of others. Leads, manages, mentors and assesses the Units staff and provides feedback and technical guidance to optimize performance. Here is a breakdown of it: Benefit Amount; Base Salary: $64,083: Cash Performance: $3,141: Total Compensation: $67,000: Tax Senior Salary. A shift towards, Handling involuntary termination is a likely occurrence for human resources managers and, Return better results with Payscale job search, Compare real living costs across different states, Consider potential directions your career can take, Calculate the 20-year net ROI for US-based colleges, Are you the kind of person who struggles to get a handle, Learn where the best career earners attended college. Source: } To the extent of any inconsistency, IDB Group's staff rules, regulations and related procedures shall prevail. $("span.current-site").html("SHRM MENA "); Aligns Divisional plans with broader goals and strategies of the Bank. On Fishbowl, you can share insights and advice anonymously with Inter-American Development Bank employees and get real answers from people on the inside. Personal: 8 days per calendar year for personal matters and emergencies. 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). Acts as technical point of contact for the Section/Area and its internal and external clients. $("span.current-site").html("SHRM China "); I went above and beyond for years doing extra work, organizations etc and nothing has been reflected in pay. Average Inter-American Development Bank Consultant yearly pay in the United States is approximately $76,766, which meets the national average. Percent of Companies with Formal Salary Range Structures. Works under regular supervision to perform more complex tasks. This is a great company if you are hired as a staff position. 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The IDB prioritizes social inclusion and equality; productivity and innovation; and regional economic integration in its development work across Latin America and the Caribbean. It is based on eligibility criteria and subject to periodic dependent-status verification. Provides specialized corporate services in a range of specific areas such as corporate procurement, library management, health services, security, and facilities management. Acting as a project manager, i.e establishing goals, work programs and overseeing work produced by team members as a head/technical referent. Core requirements: Bank Official Languages: At least 2 as well as the application of this knowledge to thematic areas and projects. May coach and mentor others. Effectively uses standard equipment, systems and tools to perform work. Performs varied support activities and coordinates support activities for Unit/area of responsibility. Home Country Travel: This benefit assists expatriate staff to maintain family, social, professional, and cultural ties with their home country. Core requirements: Bank Official Languages: At least 2 facility on-site to accommodate working new mothers. include a photo. Do you provide relocation assistance and onboarding support? Cuba signed but did not ratify the Agreement Establishing the Bank, the institutions charter, so it has not become a member. Minimum Years of Experience: 0 Average Monthly Salary Islamic Development Bank Idb in Saudi Arabia. Looking for advise on company culture at both companies. The Board of Governors holds anannual meetingin March or April of each year to review the Bank's operations and make major policy decisions. 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.