Benefits
Our mission starts with our people
Financial Benefits
The World Bank Group sponsors a comprehensive retirement savings plan for all staff, which may be converted into a monthly pension upon retirement based on eligible years of service. Staff make regular contributions to the plan, and the World Bank Group provides a generous match. Staff also have the option of participating in the World Bank Group 401(k) plan or Country Office Savings Plan.
Mandatory Retirement Age: At the World Bank Group, staff must retire by their 67th birthday. All contracts and appointments must end before this age, and applications from candidates who have reached 67 will be declined.
Career Growth & Professional Development
Health & Wellness
Family Support & Flexibility
Work-life balance & flexible arrangements
Relocation, Resettlement, & Expatriate support
To promote work-life balance, we have generous leave policies, including 26 days of annual leave and 15 days of sick leave per year for new staff. We support staff with families through our parental leave program, which offers 100 days for primary and 50 days for secondary caregivers after the birth of a child or following adoption of a child less than 12 years old.
With approval, staff may be granted (one day) of administrative leave per year to volunteer with a non-profit organization of their choice. We also offer compensatory leave in times of intensive and prolonged overtime work following operational travel, and emergency leave is offered in certain situations. Up to ten days per year of short-term family leave are available to staff who need time to care for family members due to illness or unavailable dependent care services.
Finally, the World Bank Group provides a global end-of-year closure of all offices between December 26 and December 31 to allow all staff to fully disconnect from work and enjoy time with their loved ones.
What makes us special