The process is designed to foster a positive experience and provide new employees with tools so that they can be fully productive as soon as possible. The Staff 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. May provide supervision to others. Conducts research and analyzes and administers data to independently prepare documents and reports and process transactions. Salary range spreads and midpoint-to-midpoint differentials vary significantly by job level. As companies increase in size they are more likely to have salary range structures. 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. At year-end 2009, there were 1,881 active staff working at the IDB. Some companies in very competitive job markets review salary structures for critical jobs semiannually. Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. I went above and beyond for years doing extra work, organizations etc and nothing has been reflected in pay. temp_style.textContent = '.ms-rtestate-field > p:first-child.is-empty.d-none, .ms-rtestate-field > .fltter .is-empty.d-none, .ZWSC-cleaned.is-empty.d-none {display:block !important;}'; Governance of the IDB is vested in the Board of Governors, which tops the organizational structure of the Bank.Each member country appoints a Governor, whose voting power is proportional to the capital in the Bank subscribed by his or her country. 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. or Portuguese. Supports country dialogue and the management of external client expectations related to the products and services provided by the Bank. A Establishes goals and expectations for Section/Area staff and makes recommendations on resource and budgetary requirements for annual planning purposes. Bahamas, Barbados, Guyana, Jamaica and Trinidad and Tobago. Handles the creation, dissemination and application of expertise in the specific sectors in which the IDB conducts business (ie/ water, transport, energy, social development, etc.) Staff can retire at 35 years of work or 65 years of age whatever comes first. Executes day-to-day administrative and support activities. Assumes responsibility for the delivery of high quality products and/or services on schedule and budget. Minimum Wages Are On the Rise in Several States. What Is a Salary Structure? (Definition and How To Develop One) We hire for all offices on a regular basis. How Much Does IDB Bank Pay in 2023? (122 Salaries) | Glassdoor salary structure) is a hierarchal group of jobs and salary ranges within an organization. Most companies use a market-pricing approach with current salary survey data for individual jobs, to design and adjust salary range structures (Figure 1). Our model gets smarter over time as more people share salaries on Glassdoor. Provides economic research and analysis on key sector/country-specific economic issues in support of IDB lending and technical assistance programs and projects. Data source: 2010 Culpepper Salary Range Structure Practices Survey of 360 organizations. Whats your thought on moving from Morgan Stanley to Nomura? Identifies opportunities to improve tools and methodologies in technical area. The IDB Groups insurance programs provide staff, retirees, and their dependents access to medical, dental, life insurance and related services. Life, Accident, and Disability Insurance: IDB Group provides you with additional insurance against accidents, disability, and loss of life. Why do people leave their jobs? Our headquarters are located in the United States, and we also have offices in Europe and Asia. Alberto Nadal (Spain) Christina Anna Koelldorfer (Austria) Peter Ellehj (Denmark) 687,703. 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. Your session has expired. Whats the best way to have a lack of compensation and incentive conversation in your department? Updated February 24, 2023 What is the average salary for Inter-American Development Bank employees in the United States? Minimum Years of Experience: 7 PDF COUNTRY PROGRAM EVALUATION: SURINAME 2011-2015 Suriname Bank Official Languages: At least 2 Single vs. Please enable scripts and reload this page. You have successfully saved this page as a bookmark. Special: Bereavement leave of up to 5 days after the death of an immediate family member, plus additional days to travel outside your post of duty. Please log in as a SHRM member before saving bookmarks. Contributes to the development of innovative approaches, policy and/or strategy changes in business area or field of expertise. Demonstrates mastery in the use of standard and non-standard systems and tools and advises others on their effective use. 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. The average Inter-American Development Bank hourly pay ranges from approximately $24 per hour for an Intern to $51 per hour for a Consultor. U.S. citizen employees who receive net of tax compensation, therefore, also receive a quarterly tax reimbursement from the IDB Group. Looking for advise on company culture at both companies. Examples include: Methods Used to Design Salary Range Structures. Bank financing quadrupled (US$75 million to US$417.6 million in approvals) and anticipated net cash flow (US$224.5 million) How much do Inter-American Development Bank employees make? Education Benefit for Dependent Children: By means of the Education Benefit IDB Group provides financial assistance to expatriate staff toward the cost of tuition of their dependent children (between 5 and 25 years old). Works under the limited supervision of others. Frequency Salary Range Structures Are Reviewed. Table 1. Contributes to the development of new or revised tools, methodologies, procedures and policies. Fifty percent of companies with salary range structures have multiple structures varying by job and/or geographic location. Effectively uses IDB tools and methodologies. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. * Top 10 Related Jobs and Salaries Click a salary below to compare with inter american development bank idb salaries. Grade 3 includes HR Manager and midpoint is $60,000. Find the latest news and members-only resources that can help employers navigate in an uncertain economy. As companies increase in size, they typically have a higher number of salary structures to accommodate more locations and job structures. Find jobs. Please use this form to request information or documents that you have not been able to find on our website. Single salary structures are more common for executives and multiple salary structures are more common for nonexecutive positions (Table 3). Companies choosing "other/varies" indicated that the frequency for reviewing structures varies by type of job, business unit, location or union status. Repatriation Travel: For eligible staff members, the IDB Group offers a set of services and an allowance to assist with relocation from the staff members last post of duty to her/his point of origin (or place of hire, if applicable). salary range is the span between the minimum and maximum base salary an organization will pay for a specific job or group of jobs. var temp_style = document.createElement('style'); Supports technical and fiduciary supervision of project execution on the basis of risks, achievement of results and disbursements. Minimum Education: Master, Performs activities requiring advanced technical knowledge and an advanced understanding of the business area. Provides specialized corporate services in a range of specific areas such as corporate procurement, library management, health services, security, and facilities management. All applications are submitted through our online application system . 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). With the same visa status being granted to eligible dependent(s) who reside with the Bank employee. $('.container-footer').first().hide(); Provides technical guidance to more junior staff. Inter-American Development Bank employees attributed a compensation and benefits rating of 3.8/5 stars to their company. 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% of for Higher Education tuition. Represents Unit/technical area internally and externally. Core requirements: Works under limited supervision of others. In accordance with the Access to Information Policy, effective 1 January 2011, the Bank makes public the following records of the Board of Executive Directors: The President of the IDB is the institution's legal representative and chief executive officer. SAR 16,225. 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. Prescription Drug Program: The Prescription Drug Plan covers medications your doctor prescribes that require a) written prescription in the U.S, and (b) for medications that have been approved by the U.S. Food and Drug Administration. Executive directors and alternate executive directors | IADB What does career mobility and development look like at the IDB? Products and External Services Consultant (PEC). Supports the development and deployment of strategies and conditions to improve knowledge and learning in the Bank and in borrowing member countries. Career development and mobility are important and happen through a variety of ways including developmental work-assignments, lateral transfers, and annual performance review. No consulting experience. Works independently with minimal oversight. Leads the development of new or revised tools, methodologies, procedures and policies. The G(4) visa is obtained from a U.S. Consulate outside the United States prior to arrival at a point of . 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. Generates knowledge in area of expertise that is recognized as standard setting for the industry/region. May act as project manager. Leads, manages, mentors and assesses the Units staff and provides feedback and technical guidance to optimize performance. Supports the development of tools for use in technical area. Very solid retirement plan manage by staff association and a federal credit union. The salary and allowances for NPC ad hoc staff during the 2023 Population and Housing Census are summarised as follows: facilitators - N150,000 to N300,000; field coordinator - N140,000 to N280,000; quality assurance assistants/rovers - N130,000 to N280,000; supervisor - N130,000 to N230,000; enumerator - N100,000 to N220,000; monitoring and evaluation officer - N150,000 to N300,000. The average Inter-American Development Bank hourly pay ranges from approximately $24 per hour for an Intern to $51 per hour for a Consultor. Bank Official Languages: At least 2 Leads or participates in the strategic planning, design, execution, monitoring and evaluation of investment projects in specific sectors. Seventy-two percent of surveyed companies reported having formal salary range structures (Table 1). IF I AM NOT A U.S. CITIZEN OR U.S. RESIDENT, HOW DO I GET A G(4) VISA TO WORK AT HEADQUARTERS IN WASHINGTON, D.C.? Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. Do you offer parental leave for parents of newborns, or other family-related services? Read what they think about their salaries on our Compensation FAQ page for Inter-American Development Bank. All candidates must speak at least two (2) of the IDBs official languages: English, Spanish, French, May provide supervision to others. Minimum Education: Master, Performs activities requiring applied technical knowledge and a general understanding of the business area.