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Inter-American Development Bank

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Inter-American Development Bank reviews

3.8

80% would recommend to a friend

(567 total reviews)

Ilan Goldfajn

82% approve of CEO

76% positive business outlook

Inter-American Development Bank has an employee rating of 3.8 out of 5 stars, based on 567 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Inter-American Development Bank employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

567 reviews
3.0
Mar 11, 2016

Mixed realities

Recommend
CEO approval
Business Outlook

Pros

The IDB is a great place for those interested working in Latin America and the Caribbean. It has an outstanding position in the region, access to goverments and projects can be really interesting. The Bank is well funded and it offers competitive salaries and career prospects. Some jobs are really rewarding.

Cons

IDB has some of the advantages of Latin America -friendly atmosphere, human relations- but also several of its limitations -nepotism, lack of strategic vision. Your career management depends almost entirely on having good relations with your boss and build up a network. Of course networking is important in every organization, but in the IDB, it seems overwhelming. There are not clear HR rules, and you may be praised and rewarded by your job if your boss likes you, or completely crashed and humiliated for the exact same job if he does not, as there are no clear criteria for evaluating performance (of course there is a formal career point system, but it is easily overlooked). Most internal positions are filled through 'lateral transfers' , which means most positions are not even published for internal competition, and staff devote then a huge amount of energy to networking and align themselves not to corporate objectives, but political (office politics) ones.

3.0
Feb 18, 2016
Recommend
CEO approval
Business Outlook

Pros

Great social development projects on Latin America

Cons

High Bureaucracy. Need networking to get hired.

3.0
Feb 2, 2016
Recommend
CEO approval
Business Outlook

Pros

Multicultural/Latin American environment. Working for developing countries.

Cons

Bureaucracy and unfair treatment/benefits for consultants

Viewing 484 - 486 of 567 Reviews

Glassdoor has 961 Inter-American Development Bank reviews submitted anonymously by Inter-American Development Bank employees. Read employee reviews and ratings on Glassdoor to decide if Inter-American Development Bank is right for you.