How much does the president of the World Bank make?
The estimated total pay range for a President at The World Bank is $190K–$354K per year, which includes base salary and additional pay. The average President base salary at The World Bank is $200K per year.
The average The World Bank executive compensation is $235,398 a year. The median estimated compensation for executives at The World Bank including base salary and bonus is $242,053, or $116 per hour. At The World Bank, the most compensated executive makes $450,000, annually, and the lowest compensated makes $53,000.
The estimated total pay range for a Vice President at The World Bank is $169K–$264K per year, which includes base salary and additional pay. The average Vice President base salary at The World Bank is $183K per year.
We've identified 10 cities where the typical salary for a World Bank job is above the national average. Topping the list is Cupertino, CA, with Sunnyvale, CA and Livermore, CA close behind in the second and third positions.
Ajay Banga began his five-year term as World Bank Group President on June 2, 2023. Ajay Banga most recently served as Vice Chairman at General Atlantic.
The highest-paying job at The World Bank is a Human Resources Business Partner HRBP with a salary of ₹44,97,210 per year (estimate). The lowest-paying job at The World Bank is an Applications Security Specialist with a salary of ₹99,881 per year (estimate).
In 2021, Elon Musk received the highest compensation till date as a CEO.
The estimated total pay range for a Advisor to the Executive Director at The World Bank is $216K–$391K per year, which includes base salary and additional pay. The average Advisor to the Executive Director base salary at The World Bank is $288K per year.
The World Bank and the IMF are both based in Washington, D.C., and work closely with each other.
Average Bank of America Vice President yearly pay in California is approximately $126,138, which is 15% below the national average.
Is it hard to get a job at World Bank?
Landing a job with the World Bank Group is a highly competitive feat. Out of approximately 150,000 job applications they receive each year, only around 1.3 percent, or 2,000 people, are hired. Their staff members are located across the globe, with just over half in the United States and Canada.
The World Bank Group', like many other international organizations, has a different system for paying its staff. Under the Bank's Articles of Agreement, non-U.S. citizens assigned to work in the U.S. do not have to pay U.S. income taxes on their Bank income.
Long hours and high stress, if you are not staff. Have to constantly try to prove your value, or feel competition for limited roles. Contract just runs out of days or the end of the fiscal year, and you hope you get picked up again.
The organizations that make up the World Bank Group are owned by the governments of member nations, which have the ultimate decision-making power within the organizations on all matters, including policy, financial or membership issues.
The United States is the largest single shareholder, followed by Japan, Germany, the United Kingdom, and France. The rest of the shares are divided among the other member countries. A Board of Governors represents the Bank's government shareholders.
The President of the World Bank Group serves as Chairman of the Board, and is selected by the Executive Directors. The President is the presiding officer, and ordinarily has no vote except a deciding vote in case of an equally divided Board.
The World Bank Reviews FAQs
The World Bank has an overall rating of 4.1 out of 5, based on over 3,297 reviews left anonymously by employees. 83% of employees would recommend working at The World Bank to a friend and 77% have a positive outlook for the business. This rating has been stable over the past 12 months.
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| PAY RANK | CEO | TOTAL PAY (MILLONS) |
|---|---|---|
| 1 | Sundar Pichai | $225.99 |
| 2 | Michael Rapino | $139.01 |
| 3 | Tim D. Cook | $99.42 |
| 4 | Peter Zaffino | $75.31 |
Who is the richest paid CEO?
Blackstone CEO Stephen Schwarzman topped the list of highest-paid leaders with a total compensation package of $253 million. The next CEO on the list, Sundar Pichai of Alphabet, Google's parent company, took home $226 million in 2022.
The highest-paid CEO on this year's list is Broadcom's Hock E. Tan, who was awarded a pay package of nearly $162 million in 2023. The acceleration in CEO compensation was largely driven by the rise in stock award values. In 2023, median stock awards surged by 20.9% from $12.6 million to $15.3 million.
U.S. Bancorp's CEO is Andy Cecere, appointed in Jan 2016, has a tenure of 8.25 years. total yearly compensation is $22.92M, comprised of 5.9% salary and 94.1% bonuses, including company stock and options. directly owns 0.08% of the company's shares, worth $51.03M.
| State | Annual Salary | Hourly Wage |
|---|---|---|
| Kansas | $79,190 | $38.07 |
| Nebraska | $77,553 | $37.29 |
| California | $77,133 | $37.08 |
| Missouri | $77,010 | $37.02 |
| City | Annual Salary | Monthly Pay |
|---|---|---|
| Kernville, CA | $134,793 | $11,232 |
| Johnstonville, CA | $113,194 | $9,432 |
| El Cerrito, CA | $104,430 | $8,702 |
| Sunnyvale, CA | $103,556 | $8,629 |
