Minimum Education: Master, Performs activities requiring advanced technical knowledge and an advanced understanding of the business area. Minimum Education: Master, Provides leadership and direction to the Division. IDB staff are required to sign both the State of Iowa Employee Handbook and this manual within two weeks of beginning employment with IDB. Ensures alignment of work program with Divisional and Departmental goals. Determines work priorities and selects most appropriate methods to carry them out. May lead projects of moderate complexity or scope. 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. Examples include: Methods Used to Design Salary Range Structures. Leads, manages, mentors and assesses the Units staff and provides feedback and technical guidance to optimize performance. The highest-paying job at Inter-American Development Bank is an Investment Officer with a salary of $255,868 per year. You'll first see general background information about the IDB in each job description. This task of the Committees is based on an Annual Work Program. Thanks! } The 22 non-regional or non-Western Hemisphere member countries, consisting of 16 European states plus Israel and Japan, joined between 1976 and 1986. Performs varied support activities and coordinates support activities for Unit/area of responsibility. Executes day-to-day administrative and support activities. of IDB engagement in Suriname, making the IDB the government's lead development partner and averaging 88% of multilateral financing and 30% of total public external debt per year. Provides legal support and advice on all legal matters related to the IDB as well as support to public and private sector lending operations. Takes a given business/functional strategy and translates this into clear a set of objectives, guidelines and programs for own area. Got a consulting offer Sr associate PwC and Manager Stanley Black & Decker . A member of the Inter-American Development Bank Group. Anyone have any insight working at UBS as far as career progression and work-life balance (and if youre in one of the roles, what salary numbers sound fair)? Guides, coaches and mentors junior staff to develop technical expertise. Our model gets smarter over time as more people share salaries on Glassdoor. The IDBs official languages are English, Spanish, Portuguese, and French. TheBoard of Executive Directorsis composed of 14 Executive Directors representing 48 member countries and also includes 14 Alternates, who have full power to act when their principals are absent. What are the terms of the full-time or contract/consultant positions you offer? Works across organizational boundaries and/or disciplines to tackle complex technical issues. 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. To become a regional member, a country needs prior membership to the Organization of the American States. Leads or participates in the strategic planning, design, execution, monitoring and evaluation of investment projects in specific sectors. Nine percent use a hybrid or mix of traditional and broadband structures. Do you recruit for these offices? The Republic of Korea became a member country in 2005 and the People's Republic of China became a member country in 2009. Represents Unit/technical area internally and externally. IDB Bank employees rate the overall compensation and benefits package 2.8/5 stars. 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. Candidates with relatives working at the IDB are not eligible for any type of employment. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. Tax Staff Tax Staff 1-2 Pay Structure. Most positions require oral and written proficiency in English and at least one of the other official languages. Seventy-two percent of surveyed companies reported having formal salary range structures (Table 1). As companies increase in size, they typically have a higher number of salary structures to accommodate more locations and job structures. This leave is granted for the birth, adoption, or birth through surrogacy of a child of the staff member during the employment with the IDB Group. Works under limited supervision of others. 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). I thought my 5 year was going to finally show something but it did not. Minimum Education: Master, Provides leadership and direction to the section/Area. Less than half of companies with fewer than 100 employees use salary range structures. The average Inter-American Development Bank salary ranges from approximately $46,139 per year for, The highest-paying job at Inter-American Development Bank is, The lowest-paying job at Inter-American Development Bank is, Inter-American Development Bank employees attributed a compensation and benefits rating of 3.8/5 stars to their company. 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. Salary range structures should be reviewed regularly to maintain a competitive edge in attracting and retaining top talent. Resettlement Allowance: If the staff member was relocated by IDB Group at the time of initial appointment, a resettlement allowance is available after 5 years of service. 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. Supervises Section/Area team and provides feedback and guidance to optimize performance and achieve Section/Area goals. There is a strong correlation between job level and number of salary structures. When the economy is unstable, employers are faced with difficult decisions around staffing, pay and benefits. Establishes goals and expectations for Section/Area staff and makes recommendations on resource and budgetary requirements for annual planning purposes. facility on-site to accommodate working new mothers. Core requirements: A free inside look at Inter-American Development Bank salary trends based on 996 salaries wages for 336 jobs at Inter-American Development Bank. Minimum Years of Experience: 7 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. Supports the administration and management of the IDBs treasury and risk affairs, including financial policy development, planning and decision support, and risk management. Inter-American Development Bank employees rate the overall compensation and benefits package 3.8/5 stars. $("span.current-site").html("SHRM MENA "); Interprets relevant procedural guidelines for others and provides guidance on the appropriate application of policies and procedures. Contract duration is anywhere from one (1) day to a maximum cumulative lifetime total of thirty-six (36) months within the IDB Group, regardless of whether the service comprised a single contract or multiple contracts (including internships). market pricing using external market data and Provides input to annual budgeting and planning activities. Prepares standard and non-standard documents. 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. in order to qualify for any type of employment. With the same visa status being granted to eligible dependent(s) who reside with the Bank employee. 100 working days for Primary Caregiver or 50 working days for Secondary Caregiver. 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. Commercial Customer Service Representative. PRINCIPAL TECHNICAL LEADER / PRINCIPAL ADVISOR. The IDB's Governors are ultimately responsible for overseeing the Bank's activities and administration, although in practice, they delegate many of those responsibilities to theBoard of Executive Directors. Works under moderate supervision to perform routine technical activities. The three most common types are market-based, traditional, and broadband salary structures. Coordinates own work independently with others. Please enable scripts and reload this page. We also have an Onboarding Program where new employees are integrated into their work environment over their first three months. Death Benefit: Upon death while actively employed at IDB Group, the family of the deceased staff member receives a lump sum payment of one month of basic salary on the IDB Group international staff salary scale. Data source: 2010 Culpepper Salary Range Structure Practices Survey of 360 organizations. Understands the details of policies and procedures and advises others on their application. 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: 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. Why do people leave their jobs? Cuba signed but did not ratify the Agreement Establishing the Bank, the institutions charter, so it has not become a member. Inter-American Development Bank employees earn $60,000 annually on average, or $29 per hour, which is 10% lower than the national salary average of $66,000 per year. if(currentUrl.indexOf("/about-shrm/pages/shrm-china.aspx") > -1) { Bank Official Languages: At least 2 ADB headquarters national and administrative staff salary structure effective 1 January 2023. 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. Grade 3 includes HR Manager and midpoint is $60,000. Geographic Location, Multiple Structures Differing by Job and Geography. Whats the best way to have a lack of compensation and incentive conversation in your department? The average salary for inter american development bank idb jobs is $68,264. 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 | Looking for advise on company culture at both companies. Prescription Drug Program: Outside the U.S. and Puerto Rico, all prescriptions are retail and require a co-pay for a supply regardless of the pharmacy you choose. Staff Retirement Plan Members may download one copy of our sample forms and templates for your personal use within your organization. Frequency Salary Range Structures Are Reviewed. Minimum Years of Experience: 6 Simply scroll down the job listing to see . Supports technical and fiduciary supervision of project execution on the basis of risks, achievement of results and disbursements. Products and External Services Consultant (PEC). At year-end 2009, there were 1,881 active staff working at the IDB. a sponsored fitness center at subsidized rates, with equipment and classes. 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. Legal Consultant Average Salary at Inter-American Development Bank in the United States, Business Intelligence Analyst Average Salary at Inter-American Development Bank in the United States, Consultant Average Salary at Inter-American Development Bank in the United States, See 4 More Inter-American Development Bank Consultant Salaries, AV Consultant Average Salary at Inter-American Development Bank in the United States, See 2 More Inter-American Development Bank AV Consultant Salaries, Research Fellow Average Salary at Inter-American Development Bank in the United States, See 1 More Inter-American Development Bank Research Fellow Salaries, ETL Consultant Average Salary at Inter-American Development Bank in the United States, Database Administrator Average Salary at Inter-American Development Bank in the United States, Anonymous Employee Average Salary at Inter-American Development Bank in the United States, Intern Average Salary at Inter-American Development Bank in the United States, See more Inter-American Development Bank salaries by Location, Inter-American Development Bank Employee Salaries. Most companies with formal base salary structures review their structures annually. Works independently with minimal oversight. Volunteer: 2 days per calendar year to contribute time to eligible organizations. IDB Groups relocation and economic benefits are part of the compensation package provided for service to IDB Groups mission. 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. The President, who is elected by the Board of Governors, chairs the meetings of the Board of Executive Directors but has no vote, except to break a tie. Generates knowledge, ensuring that best practices and lessons learned are captured and shared with others. Builds and maintains internal and external networks to access and expand knowledge. or Portuguese. Minimum Years of Experience: 1 Ensures compliance with IDB fiduciary safeguards, including procurement and financial management. To the extent of any inconsistency, IDB Group's staff rules, regulations and related procedures shall prevail. Ive inquired about pay but its gotten nowhere. Assumes responsibility for the delivery of high quality products and/or services on schedule and budget. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Based on the business needs, some positions are reserved for nationals, while some positions are open to international recruits. Consultants have 20 business days of paid parental leave and have the option to take 60 additional days of leave without pay. Keywords: adb staff, salary structure, international staff, salary, professionals, adb compensation, adb remuneration, adb pay grade, staff positions, job levels, IS, professional staff Created Date Agency structure and purposes of each division; 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. Annual reports also include financial statements and a review of institutional aspects of the Bank. May provide supervision to others. Build specialized knowledge and expand your influence by earning a SHRM Specialty Credential. Base. Bahamas, Barbados, Guyana, Jamaica and Trinidad and Tobago. Leads annual resource planning, proposes annual budgets for Division and aligns Divisional resources to deliver against business plans. Responds to routine inquiries. Core requirements: Supports the administration and management of the IDBs accounting and budget affairs. (Trinidad and Tobago) Navita Anganu. }); if($('.container-footer').length > 1){ Conducts routine to moderately complex technical analyses or research, synthesizing information and analyzing findings to support Unit and/or operational activities. Very solid retirement plan manage by staff association and a federal credit union.