... YPs are offered a competitive salary and benefits package as part of a 5-year term contract. The World Bank Young Professionals Program Jobs, The World Bank Associate Investment Officer Jobs, 9 Attention-Grabbing Cover Letter Examples, McKinsey & Company Young Professional Reviews, 10 of the Best Companies for Working From Home, The Top 20 Jobs With the Highest Satisfaction, 12 Companies That Will Pay You to Travel the World, 7 Types of Companies You Should Never Work For, How to Become the Candidate Recruiters Can’t Resist, Young Professional Salaries in Washington, 11 Words and Phrases to Use in Salary Negotiations, 10 High-Paying Jobs With Tons of Open Positions, Negotiating Over Email? Young Professionals Program (YPP) 2020 Details: Host Country: U.S.A The World Bank Young Professionals Program application deadline is July 1st, 2020. World Bank YPP 2020. The Young Professionals Program (YPP) is a three year leadership opportunity for the development of Bank’s future leaders. It is a unique opportunity for younger talent who have both a passion for international development and the leadership potential to grow in fascinating top technical and managerial roles in the World Bank Group . As an entry level professional, an international market based competitive salary will be offered based on the candidate’s educational qualification and experience. When factoring in bonuses and additional compensation, a Young Professional at The World Bank can expect to make an average total pay of $119,122 . In this case, the following will be made available to the YP and their family: a container of up to 40 feet to transport their personal and domestic belongings, using a more economic form of transport; USD 1,800 to pay for excess luggage; transportation of their car; if necessary, up to 90 days of storage for their personal and domestic belongings, either in their place of residence or at the destination, and insurance for their belongings during transportation and/or storage. This estimate is based upon 6 The World Bank Young Professional salary report(s) provided by employees or estimated based upon statistical methods. By continuing to browse this site, you agree to our use of cookies. This call is intended to all citizens of member countries of world Bank. In addition to their salary, the World Bank Group (WBG) offers the young professionals (YPs) a range of benefits. World Bank Group, the salary structure or salary scale has 11 salary ranges from GA to GK. I successfully applied and attended a conference in Maribor in 2012. In addition to their salary, a YP will receive benefits which total US$ 58,865.00 per year (including medical, life and invalidity insurance; severance benefits and other non-salary benefits). ... Young Professionals Program (YPP) The World Bank Group (WBG) welcomes all qualified individuals with diverse professional, academic, and cultural backgrounds. The typical The World Bank Young Professional salary is $119,122. Most of the World Bank Group YPP candidates have questions about the program assignment features.It is common to find the following queries from candidates:Where is the young professionals’ place of work?Which World Bank units are young professionals assigned to?What kind of appointment do young professionals have?What is the young professionals’ hierarchical level?What is the World Bank YPP salary?What benefits does the WBG offer young professionals? The WBG YPP is a starting point for an exciting career at the World Bank Group. 2 years ago. What benefits does the WBG offer young professionals. The WBG YPP is a starting point for an exciting career at the World Bank Group. Economist eba3. 2 Consulting Salaries provided anonymously by The World Bank employees. The WBG YPP is a starting point for an exciting career at the World Bank Group. The World Bank Young Professionals Program is the Bank’s most important and prestigious selection process and professional development program. WATCH THE REPLAY! Benefits include health, life and accident insurance, a pension plan and possible relocation and mobility benefits depending on WBG guidelines. The program is looking for enthusiastic, outstanding, diverse, and highly qualified individuals who have had academic success and potential to be a good leader. This depends on the business and is different. ), 7 of the Best Situational Interview Questions. Each of these programs has eligibility requirements and specific interest rates but they all offer special conditions. For more than half a century, the World Bank has been recruiting and training its future leaders through its Young Professionals Program. The IFC Young Professionals program (IFC YPP) is our flagship recruitment program, which offers a unique opportunity to launch a global career in finance. Young Professionals Program (YPP) 2020 Details: Host Country: U.S.A Therefore, OpenIGO does not position itself as an official representative or answer for any intergovernmental organization. This benefit is, World Bank Jobs and Careers: Products & Services, Asian Infrastructure Investment Bank YPP: Overview, World Bank Group YPP – Products & Services. World Bank YPP offer this year is tax free salary of 120K+mobility premium of about 30K+Relocation grant of 5K+Shipment Grant of 14K, total is about 170K net for first year, then 150K net for the following years with 3% annual increase. on. The World Bank Group (WBG) welcomes all qualified individuals with diverse professional, academic, and cultural backgrounds. What’s it like to work at the World Bank Group, and how can you go about getting a job here? The YPP … In fiscal year 2017, the WBG committed $59 billion in loans, grants, equity investments and guarantees to its members and private businesses, of which $19 billion was concessional finance to its poorest members. The team coordinates learning activities, meetings and events designed to support YPs, such as mentorship assignments, networking events and career strategy meetings, among others. YPs usually have successful careers at the World Bank Group, with many attaining top management roles. The program is looking for enthusiastic, outstanding, diverse, and highly qualified individuals who have had academic success and potential to be a good leader. World Bank - The World Bank Group - Established in 1944, the WBG is one of the world's largest sources of funding and knowledge for development solutions. The MIGA Young Professionals Program attracts new and diverse talent to the Agency to work in entry-level professional positions. On June 10th at 10am ET, we will host a Facebook Live on the World Bank Facebook page with World Bank Group representatives from Human Resources as well … There is no fixed number of vacancies for the World Bank YPP. The WBG will not pay for any customs charges, import or export fees which they may incur from the transportation of the YP’s belongings from their place of residence to Washington D.C. PROGRAM UPDATE: World Bank and IFC will merge their respective Young Professionals Programs […] Check out the latest Young Professional Jobs or see Young Professional Salaries at other companies. The WBG YPP offers a competitive salary and benefits package as part of a 5-year term contract. This relocation payment is made for the most direct and economical route, in the following way: • The trip cannot be made using a first class flight, or, • the trip can be made in first class, by train or bus, when air travel is not possible, or. Thursday, 6 June 2019, 1:06. Young Professional salaries at The World Bank can range from $55,828 - $154,953. This eBook was written and revised by a team of professors, human resources specialists and former young professionals with a great deal of diligence. Once selected, the IFC young professional join in as an Associate Investment Officer or Investment Officer, depending on the level of experience. The World Bank Young Professionals Program application deadline is July 1st, 2020. The organization also offers cover for disability and compensation to staff members at no additional cost. World Bank YPP offer this year is tax free salary of 120K+mobility premium of about 30K+Relocation grant of 5K+Shipment Grant of 14K, total is about 170K net for first year, then 150K net for the following years with 3% annual increase. Opportunities for professional growth are one of this program’s main differentiating factors. Global Practice Units: Agriculture; Water; the Environment and Natural Resources; Social, Urban, Rural, and Resilience; Energy; Transport; Macroeconomics, Trade and Investment; Finance, Competitiveness & Innovation; Governance; Digital Development; Education; Social Protection; Poverty; Jobs and Development; Health, Nutrition, and Population. In order to recruit and retain highly qualified staff, the WBG has developed a compensation and benefits system intended to be internationally competitive, with performance-related pay, taking into account a multinational’s special needs, given that a significant number of its staff are expatriates. In fiscal year 2017, the WBG committed $59 billion in loans, grants, equity investments and guarantees to its members and private businesses, of which $19 billion was concessional finance to its poorest members. The mobility premium is paid quarterly to expatriate YPs for five years. How to Answer: What Are Your Strengths and Weaknesses? • per kilometer payment for trips via private or rental car for all or part of the relocation travel. The International Finance Corporation (IFC) —a sister organization of the World Bank and member of the World Bank Group—is the largest global development institution focused on the private sector in developing countries. Click here to watch the full interview The Young Professional Program (YPP) will be accepting applications from June 1- June 30, 2019 for the 2020 YP Cohort. The World Bank is not affiliated with nor does it endorse any third party sites selling products and services on the World Bank YPP selection process. All YPs start the program in Washington, DC, where they engage in intensive training—on-the-job and in the classroom—learning the fundamentals of leadership and operations at each institution and how to identify opportunities … Young professionals (YPs) enter the World Bank Group in the “Professional and Technical” stream, at grade level GF (the sixth highest level), indicating their importance to the organization. World Bank – Young Professionals Program (YPP) 2019/2020. Since July 2014, the Bank has had a new organizational model which is structured as follows: 6 (six) regional units focusing on clients, with offices in the majority of the borrowing countries; 15 (fifteen) global practice units and 5 (five) global themes units. Salaries at The World Bank Group range from an average of $47,480 to $192,870 a year. The processs is almost close and there is no topic for this year yet! Young Professionals Program (YPP) ← Jobs and Human Resources. World Bank Young Professionals Program (YPP) 2021: World Bank has start accepting applications from citizens of member countries of the World Bank Group. COMPENSATION & BENEFITS. Job Description. The main type of appointment currently offered to the Bank’s employees is a term appointment, which is a fixed-term contract for a minimum of one year and maximum of five years. What kind of appointment do young professionals have? The team coordinates learning activities, meetings and events designed to support YPs, such as mentorship assignments, networking events and career strategy meetings, among others. The 2020 Young Professionals Program (YPP) application cycle is now closed and we are no longer accepting applications. By. Program Update: Effective June 1, 2020, the IFC and World Bank will merge their respective Young Professionals Programs into one World Bank Group Young Professionals Program (the WBG YPP). Most positions are in Washington, DC; Some others are in the World Bank representations. The YPP is a unique opportunity for young professionals who have … This benefit is not awarded to US citizens or permanent residents of the country. The application for the 2021 World Bank Young Professionals Program is now open. Young Professional salaries at The World Bank can range from $55,828 - $154,953. Specifically, women and persons with disabilities are strongly encouraged to apply. See if they're hiring! Each grade has a minimum and a maximum (called salary ranges) and a midpoint. THE WORLD BANK Young Professionals Program at the World Bank "The YPP was a great way to start at the Bank. For over 50 years, the Young Professionals Programs of the World Bank and IFC have recruited over 1,800 people from nearly 120 countries, who now range from new staff to senior management of the World Bank Group. Where is the young professionals’ place of work? In pursuit of its mission, the OpenIGO network has prepared a comprehensive eBook and support and guidance services with the aim of highly increasing your chances of success in this competitive process. The mobility premium is a financial compensation specifically for expatriate staff members to help them maintain cultural, professional and personal links with their countries of origin. Which World Bank units are young professionals assigned to? Access our full article on this theme at: https://www.openigo.com/world-bank-ypp-interview/ Working with an International Organization is a dream for many. There are several types of appointments at the World Bank Group, each with specific characteristics (such as position in the hierarchical structure, contract length and benefits, among others). You can apply to this scholarship here.The deadline for the sending your … Share; ... Salary… The WBG YPP is a starting point for an exciting career at the World Bank Group. Specifically, women and persons with disabilities are strongly encouraged to apply. We attract highly qualified and motivated professionals from our member countries for a productive and rewarding career path in development. Every year only 45 applicants are selected for the Young Professional Program 2019 (YPP).. Hosting Organization: World Bank (WB) Program Duration: 24 Months. Relocation travel is the payment of a one-way ticket for a new YP and their dependents from the city in which they reside to Washington D.C. Precious Leko. Global Themes Units: Climate Change; Gender; Fragility, Conflict and Violence; Infrastructure, PPPs & Guarantees; and Knowledge Management. The YPP targets younger talent who have both a passion for international development and the leadership potential to grow technical and managerial roles in the whole World Bank Group (WBG). What is the purpose of the Young Professionals Program (WBG YPP)? COMPENSATION & BENEFITS. The WBG YPP offers a competitive salary and benefits package as part of … Indeed, the WBG YPP is a take off point for an exciting career at the World Bank Group. Background of the World Bank Group – Young Professionals Program (WBG-YPP). R$ 1.271,34 R$ 1.017,64. In the young professionals’ case, a term appointment is offered with the following characteristics: The Bank has 10 grade levels in its hierarchical structure, ranging from GA (the lowest) to GK (the highest). Published. Thursday, 6 June 2019, 1:06. It is a unique opportunity for younger talent who have both a passion for international development and the leadership potential to grow in fascinating top technical and managerial roles in the World Bank Group (WBG). Start every year. Duration: The WBG YPPis a two-year leadership development program at the start of a five-year employment contract with the World Bank, IFC or MIGA COMPENSATION & BENEFITS The WBG YPP offers a competitive salary and benefits package as part of a 5-year term contract. It is a unique opportunity for younger talent who have both a passion for international development and the leadership potential to grow in fascinating top technical and managerial roles in the World Bank … Over 1700 participants have been recruited since 1963, who is now at senior positions at the World Bank Group. ... YPs are offered a competitive salary and benefits package as part of a 5-year term contract. World Bank YPP SalaryIn purchase to recruit and retain highly qualified staff, the WBG is rolling out a settlement and advantages system meant to be internationally competitive, with performance-related pay, considering a multinational’s unique requirements, considering that a number that is significant of staff are expatriates. World Bank Young Professionals Program (YPP), 2019 is offered for Other degree in the field of Economics, finance, education, public health, social sciences, engineering, urban planning, agriculture, natural resources . 8 Questions You Should Absolutely Ask An Interviewer, Junior Professional Associate salaries ($62k), Young Professional Jobs at The World Bank. The Young Professionals Program is a starting point for an exciting career in the World Bank and the Program is designed to attract outstanding young and motivated individuals from around the world. The Program gave me the opportunity to work in different parts of the Bank before I found what I really wanted to do and where I could contribute the most. See how your offer stacks up to other pay packages and negotiate confidently. In order to provide support to new staff members who change their place of residence, the WBG provides a number of relocation benefits, which include: relocation travel, relocation shipment, a relocation grant and a mobility premium. The Young Professionals Program (YPP) is a starting point for an exciting career at the World Bank Group. The Young Professionals Program (YPP) is a starting point for an exciting career at the World Bank Group. She also debunks a few myths and answers questions about working at the World Bank. The YPP is a unique opportunity for … The WBG YPP is a two-year leadership development program at the start of a five-year employment contract with the World Bank, IFC or MIGA. What salary does a Consulting earn in your area? A free inside look at The World Bank salary trends based on 1 salaries wages for 1 jobs at The World Bank. Other benefits for World Bank Group staff members are: a private pension plan; 26 days annual leave; a health services department; a fitness center and child care, among others. The new WBG YPP will be accepting applications on behalf of three institutions (the World Bank, IFC and MIGA). Starting salaries are between $70,000 and $140,000 depending on experience. Women and persons with disabilities are strongly encouraged to apply. This is a financial benefit which assists a young professional with the costs associated to their relocation to the new place of work. The UN System does not charge a fee for applications, interviews, the processing of applications, or any recruitment related processes. What is the young professionals’ hierarchical level? The WBG YPP Office: WBG YPP staff are dedicated to recruiting and integrating Young Professionals into the World Bank Group. Are you young professional thinking about a career at the World Bank? A free inside look at The World Bank salary trends based on 1577 salaries wages for 406 jobs at The World Bank. A young professional is rarely assigned to another city. World Bank Group’s HR Vice President Annette Dixon shares advice on how to start a career in development and how to make it a fulfilling one. The WBG YPP 2020 is a starting point for an exciting career at the World Bank Group. Applications will open from June 1 – June 30 for all profiles, and will reopen … World Bank Group is pleased to invite applications for the Young Professionals Program (YPP). Applications for the Young Professionals Program are now open until June 30, 2020. “better work life balance for employees with families”. Copyright © 2008–2021, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Stock Bonus, Profit Sharing, Commission Sharing, Tips have not been reported for this role. Basic life and accident insurance is also available free of charge, as well as optional life and accident insurance plans. World Bank YPP 2018. Benefits include health, life and accident insurance, a pension plan and The WBG YPP Office: WBG YPP staff are dedicated to recruiting and integrating Young Professionals into the World Bank Group. The World Bank Group – Established in 1944, the WBG is one of the world’s largest sources of funding and knowledge for development solutions. The WBG YPP offers a competitive salary and benefits package as part of a 5-year term contract. The Young Professionals Program (YPP) is recognized as the World Bank’s most important and prestigious recruitment and selection process. The mobility premium is a financial compensation specifically for expatriate staff members to help them maintain cultural, professional and personal links with their countries of origin. Applied in the GF grade, YPs make an average… 45 to 50 awards are available. IFC applies its financial resources, technical expertise, global experience, and innovative thinking to help clients and partners to overcome financial, operational, and other challenges. As an entry level professional, an international market based competitive salary will be offered based on the candidate’s educational qualification and experience. However, net salaries can vary from US$82,000.00 to US$150,800.00, depending on the employee’s professional experience, academic qualifications, skills and technical knowledge. The Program gave me the opportunity to work in different parts of the Bank before I found what I really wanted to do and where I could contribute the most. World Bank Young Professionals Program (YPP) 2021: World Bank has start accepting applications from citizens of member countries of the World Bank Group. For US nationals, the WBG makes an additional quarterly payment to cover “federal, state, and local income tax liabilities on their World Bank Group income”. It is important to stress that the OpenIGO network is not formally linked to the UN System , World Bank or any other intergovernmental organization. Learn how to enable cookies. The World Bank Group (WBG) welcomes all qualified individuals with diverse professional, academic, and cultural backgrounds. The WBG YPP is a starting point for an exciting career at the World Bank Group. The young professional will originally be based in Washington D.C learning about WBG and IFC’s approach to combining financial analysis with financial sustainability. Salary:. The World Bank salary table is reviewed annually between June and July (start of the fiscal year) and established from an average figure in the local market in the Washington D.C. region. The Young Professionals Program (YPP) is a starting point for an exciting career at the World Bank Group. Young Professionals are recruited from around the world with various academic and professional backgrounds relevant to the World Bank, IFC, and MIGA.. We are looking for applicants who demonstrate a passion for international development, graduate education, relevant … Applicant should be born on or after October 1, 1988; WORLD BANK. A free inside look at The World Bank salary trends based on 4 salaries wages for 3 jobs at The World Bank. worldbank.org - The World Bank Group offers loans, advice, and an array of customized resources to more than 100 developing countries and countries in transition The young professionals will be assigned to work at the World Bank Group’s head office in Washington D.C. (USA). Responsibilities and requirements increase at each grade level (represented by letters). Some of these are listed below: Health, Life, Accident and Other Insurance Plans: The WBG offers the young professionals and their families three private medical and dental insurance alternatives. PROGRAM UPDATE: World Bank and IFC will merge their respective Young Professionals Programs […] It is highlighted that these relocation benefits are only applicable to new staff members who are not resident in the metropolitan area of Washington-Baltimore at the time of appointment. The Starting salary according to the Financial Times is between 70 000 USD – 140 000 USD depending on the experience. Applications Deadline: June 30 th 2020. Opportunities are available in the following working areas: When starting their career at the WBG, the YP will be employed by one of these units depending on the application process the candidate chose. Stock Bonus, Profit Sharing, Commission Sharing, Tips have not been reported for this role The typical The World Bank Young Professional salary is $119,122. Here we go: "The application for the 2018 Selection Process for the Young Professionals Program is open from June 14 – July 28, 2017." Over 1700 participants have been recruited since 1963, who is now at senior positions at the World Bank Group. The World Bank Group offers various financial assistance programs to its staff members, such as: loans for settling-in expenses; loans in connection with leave or external services without pay; emergency loans; education loans and housing loans (headquarters staff). Is anybody interested this year? We consolidate all information concerning World Bank 2017. September 5, 2019 Leave a Comment IFC is a part of the World Bank Group and it continues their Young Professional Programm (YPP) in 2019. Th program involves the recruitment of Young Professionals from around the world with various academic and professional backgrounds relevant to the World Bank… The application for the 2021 World Bank Young Professionals Program is now open. Benefits include Read our privacy policy, OpenIGO | International Careers Development Network. Applied in the GF grade, YPs make an average… Only a small minority of employees will attain the upper third of the salary band. 2 years ago. 45-50 positions are available every year. Our recruiters answer your questions and share their tips and insights. The application for the 2017 Selection Process for the Young Professionals Program at the World Bank is open from June 15 - July 27, 2016. World Bank YPP SalaryIn purchase to recruit and retain highly qualified staff, the WBG is rolling out a settlement and advantages system meant to be internationally competitive, with performance-related pay, considering a multinational’s unique requirements, considering that a number that is significant of staff are expatriates. Precious Leko. Salaries posted anonymously by The World Bank employees. See all Young Professional salaries to learn how this stacks up in the market. The World Bank Group Young Professionals Program (YPP) is a starting point for an exciting career in the World Bank. By. Every year only 45 applicants are selected for the Young Professional Program 2019 (YPP).. Hosting Organization: World Bank (WB) Program Duration: 24 Months. Young professionals (YPs) can opt for one of the following relocation shipment options: • Receiving a shipment grant of between USD 8,000 and USD 14,000, depending on the size of their family and place of residence; • Authorizing the WBG to arrange the dispatch of their personal and domestic belongings. Please click here to YPP website. Deadline: 30 June 2019 Open to: citizens of a member country of the World Bank Group with a PhD or Master’s degree and relevant work experience Benefits: young professionals are offered an internationally competitive salary, based on their education and professional experience Description. The YPP targets younger talent who have both a passion for international development and the leadership potential to grow technical and managerial roles in the whole World Bank Group (WBG). depending on the employee’s professional experience, academic qualifications, skills and technical knowledge. Here’s Exactly What to Write to Get Top Dollar, Junior Professional Associate Inter­views, How To Follow Up After an Interview (With Templates! Particularly, women and individuals with disabilities are strongly … Our comprehensive eBook will introduce you to the complex world of the World Bank Group and its approach towards international development; it will teach you how to prepare each of the documents required in detail, and will also get you ready for the interview and assessment center. The trainees are responsible for their accommodation. on. Salaries posted anonymously by The World Bank employees. If you are looking for an opportunity to start an exciting career at the World Bank Group, The Young Professionals Program (YPP) is a unique opportunity for young talents who have both passion for international development and the leadership potential to grow in fascinating top technical and managerial roles in the World Bank Group (WBG).