Employment Policy - International Finance Corporation
Employment Policy. The Bank Group's recruitment policy is to hire staff of the highest caliber, on as wide a geographical basis as possible, with preference to nationals of WBG member countries or countries of operations. Typically staff are offered renewable term appointments for a specified duration of a minimum of one year to a maximum of ...
SweepSouth highlights the pay and working conditions of domestic ... - IFC
In South Africa, 2019 was a landmark year: the country’s first ever national minimum wage came into effect on January 1 and with it, hopes that the now-mandated rate of R 20 ($1.09) per hour signified increased policy attention for low wage earners. For SweepSouth—a platform that connects domestic
Performance Standard 2 Labor and Working Conditions
national labor and employment law, including their rights related to wages and benefits. This policy will be clear and understandable to employees and will be explained or made accessible to each employee upon taking employment. Working Relationship 7. The client will document and communicate to all employees and workers directly contracted by
Master Cooperation Agreement - International Finance Corporation
Master Cooperation Agreement. Over the last two decades, development institutions have significantly increased cooperation to better coordinate the global response to market disruptions as well as key policy priorities. IFC was an early leader in this effort, designing and launching the Master Cooperation Agreement (MCA) in 2008.
Labor Standards Performance in Your Supply Chain
minimum wage.” “I don’t care how you do it, just make sure you ship on time. I need those products.” “I know it was peak season, but there was clearly excessive overtime again. We have to drop your rating.” “Good news. The re-order quantity is 80% more than expected…. No, I can’t give you extra time.” “We heard you may
President's Speech: Live from Warsaw: Addressing Challenges to Growth ...
13:17 to Ukraine to help the government provide critical services to people, including wages 13:23 for hospital workers, pensions for the elderly, and social programs for the vulnerable. ... 19:33 And intense drought in South America is reducing global food production. 19:39 Global food commodity markets are large and well-established, and
Alquería S.A. - IFC
Colombian working population earns a minimum wage, getting paid on a bimonthly or even daily basis, which makes small, frequent purchases more convenient. Only 15-18% of the population own a car, making it difficult and expensive to reach supermarkets. Furthermore, small shops provide credit and retail prices that are on average
IFC’s Work in Gender
The World Bank Group Gender Strategy (FY 2016 - 2023) outlines the support that the entire WBG, including IFC, will provide to client countries and companies toward gender inclusion. That support is critical to achieving greater gender equality, which is key to reduce poverty and increase prosperity. IFC has long taken a comprehensive approach ...
Organizational Structure September 16, 2022 (FY23)
South America Tania Kaddeche MAS LAC Tatiana Bogatyreva MAS EUR Vittorio Di Bello FIG LAC Vacant FIG EUR Sergio Pimenta Regional Vice President, Africa Jumoke Jagun-Dokunmu Eastern Africa Cheik-Oumar Sylla North Africa Henrik Pedersen MAS Africa Hela Cheikh Rouhou Regional Vice President, Middle East, Central Asia,
Emerging Market Green Bonds - International Finance Corporation
Through 2021, there has been a cumulative issuance of US$323 billion in emerging market green bonds. US$64 billion emerging market social, sustainability, and sustainability-linked bond issuances in 2021. 50 emerging markets have issued green bonds since 2012. US$150billion projected annual emerging market green bond issuance by 2023.