Contracts without time limits may be to consultants to meet the specific needs of operations, for the delivery of specific products and/or services, which are provided in an independent, autonomous manner (i.e., off-site). 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 Leads the development of new or revised tools, methodologies, processes and/or policies that have an impact on the business, industry or region. At the IDB Group, we understand every family is different. Volunteer: 2 days per calendar year to contribute time to eligible organizations. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. include a photo. May provide supervision to others. He is responsible for the Banks day-to-day business and manages its operations and administration with the assistance of the staff of the Office of the Presidency. var currentLocation = getCookie("SHRM_Core_CurrentUser_LocationID"); U.S. citizen employees who receive net of tax compensation, therefore, also receive a quarterly tax reimbursement from the IDB Group. EXPLORE OUR MANY CAREER PATHS Over 12 work roles for every career path ACCOUNTING & BUDGET COMMUNICATIONS CORPORATE SERVICES ECONOMICS FIDUCIARY HUMAN RESOURCES INFORMATION TECHNOLOGY LEARNING AND KNOWLEDGE LEGAL OPERATIONS document.head.append(temp_style); You may be trying to access this site from a secured browser on the server. 72 percent of surveyed North American companies reported having formal base salary range structures. Some companies in very competitive job markets review salary structures for critical jobs semiannually. Supports the development of tools for use in technical area. Our parental leave policy is generous and gender-neutral to give employees special time with their newest family member. I have 4 years in retail banking and am interviewing for a KYC Analyst position and a Risk and Control Analyst position currently. Minimum Education: Master, Performs activities requiring advanced technical knowledge and an advanced understanding of the business area. This summary is for information purposes and does not substitute IDB Groups corresponding staff rules, regulations, and related procedures. Governance of the IDB is vested in theBoard of Governors, which tops the organizational structure of the Bank. Minimum Years of Experience: 0 Neither members nor non-members may reproduce such samples in any other way (e.g., to republish in a book or use for a commercial purpose) without SHRMs permission. IDB staff are required to sign both the State of Iowa Employee Handbook and this manual within two weeks of beginning employment with IDB. Bank Official Languages: At least 2 The IDB staff comes from the Bank's 48 member countries.Approximately 68 percent of them are citizens of its borrowing member countries in Latin America and the Caribbean, while close to 32 percent are from non-borrowing member countries. SHRM Employment Law & Compliance Conference, Salary Structures: Creating Competitive and Equitable Pay Levels, New OSHA Guidance Clarifies Return-to-Work Expectations, Trump Suspends New H-1B Visas Through 2020, Faking COVID-19 Illness Can Have Serious Consequences, Holiday Employee Gift Giving in a Post-Pandemic World, Employers Get Innovative with Compensation, Average US Pay Increase Projected to Hit 4.6% in 2023. The approximate total salary for Tax Staff 1-2 is $67,000. Virtual & Washington, DC | February 26-28, 2023. IDB Groups contributions to the Staff Retirement Plan are reviewed and determined annually based on actuarial funding assessments by independent external actuaries. Salary range spreads and midpoint-to-midpoint differentials vary significantly by job level. Supports the administration and management of the IDBs treasury and risk affairs, including financial policy development, planning and decision support, and risk management. 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). in order to qualify for any type of employment. The G(4) visa is based upon employment with a specific international organization and, as such, limits employment in the U.S. to employment with the IDB. Provides input into the identification, development and implementation of projects, programs, studies or activities. Independence Blue Cross Family of Companies. The lowest-paying job at Inter-American Development Bank is a Case Assistant with a salary of $46,139 per year. Cuba signed but did not ratify the Agreement Establishing the Bank, the institutions charter, so it has not become a member. salary range is the span between the minimum and maximum base salary an organization will pay for a specific job or group of jobs. Both offer similar salary package. the U.S. Department of State to provide G(4) status. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. Builds on best practices and generates knowledge in area of expertise. Establishes goals, business direction and expectations for the Unit in alignment with the Departments strategy. Home Country Travel: This benefit assists expatriate staff to maintain family, social, professional, and cultural ties with their home country. Works under the limited supervision of others. Thanks! Provides input to resolve complex technical problems in area of expertise. Got a consulting offer Sr associate PwC and Manager Stanley Black & Decker . Companies choosing "other/varies" indicated that the frequency for reviewing structures varies by type of job, business unit, location or union status. Provides procedural and/or task guidance to more junior staff. WLB, experience and value add. 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. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Conducts routine technical analyses or research in support of Unit and/or operational activities. Candidates with relatives working at the IDB are not eligible for any type of employment. Takes a given business/functional strategy and translates this into clear a set of objectives, guidelines and programs for own area. Supervises Section/Area team and provides feedback and guidance to optimize performance and achieve Section/Area goals. 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. Effectively uses standard equipment, systems and tools to perform work. Find your market worth with a report tailored to you, No results found. Covers a diverse mix of professions, skills and trades. The Local 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. Makes technical recommendations which have an impact on business performance, area of expertise and/or development effectiveness. I went above and beyond for years doing extra work, organizations etc and nothing has been reflected in pay. Simply scroll down the job listing to see . The IDB was founded in 1959 as a partnership between 19 Latin American countries and the United States. We fill approximately 150 staff positions each year. Repatriation Travel: For eligible staff members, the IDB Group offers a set of services and an allowance to assist the staff member and eligible dependents to relocate from the staff members last post of duty to her/his point of origin (or place of hire, if applicable). U.S. citizen staff members are subject to U.S. taxes on their IDB Group compensation wherever they reside with a limited exclusion from taxable income available to those who work and reside abroad. Interprets policies and guidelines within areas of specialization with the guidance of others. Do you offer parental leave for parents of newborns, or other family-related services? Minimum Education: Master, Provides leadership and direction to the section/Area. U.S. citizen staff members who receive net of tax compensation, therefore, also receive a quarterly tax reimbursement from the IDB Group. Demonstrates advanced knowledge in the use of standard and non-standard systems and tools and advises others on their effective use. Responds to routine inquiries. Inter-American Development Bank employees attributed a compensation and benefits rating of 3.8/5 stars to their company. The G(4) visa is obtained from a U.S. Consulate outside the United States prior to arrival at a point of entry to the U.S., and is issued normally for a period of one to four years, depending on the reciprocity arrangements between the U.S. and the country of citizenship. Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}3.3. Do you recruit for these offices? Guides, coaches and mentors junior staff to develop technical expertise. } All applications are submitted through our. Works independently with minimal oversight. As companies increase in size they are more likely to have salary range structures. Supports technical and fiduciary supervision of project execution on the basis of risks, achievement of results and disbursements. Core requirements: The average Inter-American Development Bank hourly pay ranges from approximately $24 per hour for an Intern to $51 per hour for a Consultor. May lead tasks/projects of limited scope. 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. Read what they think about their salaries on our Compensation FAQ page for Inter-American Development Bank. This leave includes employees who are adopting or going through a surrogacy process. Additional Retirement Benefits: Retiree Medical and Dental Coverage, and Retiree Life Insurance Program. The highest-paying job at Inter-American Development Bank is an Investment Officer with a salary of $255,868 per year. Leads annual resource planning, proposes annual budgets for Division and aligns Divisional resources to deliver against business plans. Education Benefit: By means of the Education Benefit IDB Group provides financial assistance to TCN staff toward the cost of tuition of their dependent children (between 5 and 25 years old) who pursue studies in an accredited educational institution located in the TCNs post of duty country. For staff arriving to headquarters from outside the Washington, D.C. metropolitan area, the IDB provides a competitive relocation package that may include air transportation, shipment of household effects and automobile, payment in lieu of shipment, and incorporation allowances such as installation grant, travel grant, and settling-in grant. 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). Belize became a member in 1992 and Croatia and Slovenia joined as successor states of Yugoslavia in 1993. Learn how SHRM Certification can accelerate your career growth by earning a SHRM-CP or SHRM-SCP. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Undertakes basic information gathering, prepares standard documents and processes routine transactions. Coordinates Unit activities to resolve business issues and meet business objectives. Builds and maintains internal and external networks to access and expand knowledge. Generates knowledge, ensuring that best practices and lessons learned are captured and shared with others. Conducts moderately complex technical analyses or research. The average Inter-American Development Bank hourly pay ranges from approximately $24 per hour for an Intern to $51 per hour for a Consultor. To become a nonregional member, a country needs to be a member of the International Monetary Fund. Ensures compliance with IDB fiduciary safeguards, including procurement and financial management. Our headquarters are located in the United States, and we also have offices in Europe and Asia. Do you have offices around the world? IDB Bank employees rate the overall compensation and benefits package 2.8/5 stars. Geographic Location, Multiple Structures Differing by Job and Geography. Additional Health Services: Employee Assistance Program (confidential counseling and referral service to assist you and your family with personal or work-related problems), and Health Services Center. IDB Group reserves the right, at its sole discretion, to modify, change or revoke its staff rules, regulations, and related procedures at any time, in order to adjust to its business needs. A second basic requirement in both cases is the subscription of shares of the Ordinary Capital and contribution to the Fund for Special Operations. if(currentUrl.indexOf("/about-shrm/pages/shrm-china.aspx") > -1) { 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. 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. Nineteen percent of participants with formal salary range structures reported that they do not use formal salary structures with executives. Please note that these numbers do not represent all banks, and actuals can vary. Most companies use a market-pricing approach with current salary survey data for individual jobs, to design and adjust salary range structures (Figure 1). A member of the Inter-American Development Bank Group. Survey dates: August 26 through October 25, 2010. You have successfully saved this page as a bookmark. Life, Accident, and Disability Insurance: IDB Group provides you with additional insurance against accidents, disability, and loss of life. ADB International Staff Salary Structure Author: Asian Development Bank Subject: ADB international staff salary structure effective 1 January 2020.