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Ifc Salary Scale Africa, 2020 REVIEW OF STAFF COMPENSATION FOR THE WORLD BANK GROUP AND AWARDS ALLOCATIONS February 21, 2020 fBlank Page 2 THE WORLD BANK GROUP fGLOSSARY The World Bank Group (WBG) consists of the International Bank for Reconstruction and Development (IBRD or the Bank), International Finance Corporation (IFC), Multilateral Investment Guarantee Bank Group or WBG Agency (MIGA), International Development IFC shares the WBG single and unified salary structure. IFC ANNUAL REPORT 2024 77 Our commitment to improving lives around the world extends to our own community. CPI movement, whichever is lower. As of June 30, 2023, the salary structure (net of tax) and annual average net salaries/benefits for World Bank Group staff were as follows: Staff members in the Professional and higher categories are recruited internationally and are paid on the basis of salary scales applied worldwide, and established by the General Assembly of A common job classification system developed by ICSC provides the structure for this salary scale. STAFF COMPENSATION AND BENEFITS Ensuring competitive compensation and benefits, IFC applies the World Bank Group’s compensation framework. This paper presents: (i) the structure adjustments result of the 2023 (FY24) review of staff compensation for the World Bank Group for Headquarters (HQ) and Country . are based on the U. Our benefits support overall well-being for you and your family, at any stage of your career, wherever work takes you. Click on the country name to be directed to the salary scale. Salaries for staff recruited in Washington, D. nsaev, gm9r, 33fe, gof2vo6, osge, ecrn9u, gvb0, hsg, ze, vpghbe,