Examples include: Methods Used to Design Salary Range Structures. 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. Interprets relevant procedural guidelines for others and provides guidance on the appropriate application of policies and procedures. 2010 Culpepper Salary Range Structure Practices Survey, November 2010. 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. $("span.current-site").html("SHRM China "); The process is designed to foster a positive experience and provide new employees with tools so that they can be fully productive as soon as possible. Traditional salary structures are organized with numerous layers and range structures (or pay grades) with a relatively small distance between each range. Appointment Travel: The IDB Group offers services and allowance(s) to assist staff and eligible dependents at time of hire, when the staff member is required to relocate to the new post of duty. Minimum Education: Master, Provides leadership and direction to the Unit. 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. Participates in the implementation of special projects and initiatives of high complexity. Your session has expired. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. At year-end 2009, there were 1,881 active staff working at the IDB. The Board of Executive Directors has five Standing Committees that review and discuss documents. Acts as technical point of contact for the Section/Area and its internal and external clients. Core requirements: What your skills are worth in the job market is constantly changing. Nonexecutives include directors, managers, professionals and hourly nonexempt employees. Executes day-to-day administrative and support activities. Core requirements: .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. (Please select all that apply). Their decisions are reflected in the list ofApproved Resolutions of theBoard of Governors. Personal: 8 days per calendar year for personal matters and emergencies. Survey dates: August 26 through October 25, 2010. Responds to routine inquiries. Conducts routine technical analyses or research in support of Unit and/or operational activities. Full Time Staff. In contrast, about four out of five companies with more than 500 employees use salary range structures. May lead tasks/projects of limited scope. Each member country's voting power is based on its subscription to the institution's Ordinary Capital (OC) resources. Demonstrates thorough understanding of relevant policies and provides guidance to others on their application. Acts as a technical point of contact for the Unit and its internal and external clients. Provides clerical, office and/or general service support. Our Fair Pay score for The Inter American Development Bank is 2. Supports the development and deployment of strategies and conditions to improve knowledge and learning in the Bank and in borrowing member countries. It may also hold extraordinary meetings on key issues. Sick: Up to 132 days per medical condition. Conducts moderately complex technical analyses or research. This benefit is paid every 2 years of active service and includes a travel allowance and an additional allowance for the staff member and eligible dependents. Title remains the same and a 30% salary increase. Understands the details of policies and procedures and advises others on their application. Coaches and mentors junior staff to build technical expertise. Most companies with formal base salary structures review their structures annually. Ensures alignment of work program with Divisional and Departmental goals. Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. The lowest-paying job at Inter-American Development Bank is a Case Assistant with a salary of $46,139 per year. Find jobs. Core requirements: We noticed that your web browser is outdated! The average Inter-American Development Bank hourly pay ranges from approximately $24 per hour for an Intern to $51 per hour for a Consultor. Do you offer parental leave for parents of newborns, or other family-related services? if(currentUrl.indexOf("/about-shrm/pages/shrm-china.aspx") > -1) { 82 percent use traditional salary structures, while 7 percent use broadband structures. var currentLocation = getCookie("SHRM_Core_CurrentUser_LocationID"); Multiple Salary Structures, Multiple Structures Differing by Job Function, Multiple Structures Differing by How much do Inter-American Development Bank employees make? }); if($('.container-footer').length > 1){ Very solid retirement plan manage by staff association and a federal credit union. Average Inter-American Development Bank Consultant yearly pay in the United States is approximately $76,766, which meets the national average. May act as project manager. Table 3. The Board of Executive Directors is responsible for the conduct of the operations of the Bank and for this purpose may exercise all the powers delegated by the Board of Governors. temp_style.textContent = '.ms-rtestate-field > p:first-child.is-empty.d-none, .ms-rtestate-field > .fltter .is-empty.d-none, .ZWSC-cleaned.is-empty.d-none {display:block !important;}'; Simply scroll down the job listing to see . Please note that all such forms and policies should be reviewed by your legal counsel for compliance with applicable law, and should be modified to suit your organizations culture, industry, and practices. Repatriation Travel: For eligible staff members, the IDB Group offers a set of services and an allowance to assist with relocation from the staff members last post of duty to her/his point of origin (or place of hire, if applicable). Minimum Wages Are On the Rise in Several States. Companies with Salary Range Structures. The President, who is elected by the Board of Governors, chairs the meetings of the Board of Executive Directors but has no vote, except to break a tie. Belize became a member in 1992 and Croatia and Slovenia joined as successor states of Yugoslavia in 1993. Vision: Covers a portion of the expense for eye exams, frames and lenses, and contact lenses. Data source: 2010 Culpepper Salary Range Structure Practices Survey of 360 organizations. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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). Our parental leave policy is generous and gender-neutral to give employees special time with their newest family member. The community relies on everyone sharing. Thanks! Thanks! Develops and implements work procedures for Unit/are of responsibility in alignment with IDB policies and practices. The approximate total salary for Tax Staff 1-2 is $67,000. Annual reports also include financial statements and a review of institutional aspects of the Bank. May participate in the implementation of special projects and initiatives of high complexity. Operates the origination, appraisal, financial and non-financial analysis, structuring, risk mitigation, supervision, and development effectiveness monitoring of private sector projects, including the development of knowledge products, which facilitate private sector development. a sponsored fitness center at subsidized rates, with equipment and classes. Staff can retire at 35 years of work or 65 years of age whatever comes first. Some highlights of the policy are below: Staff can be designated Primary or Secondary Caregivers. Transitional Housing Support: This is an allowance intended to provide financial assistance during the first 6 years of assignment of TCN staff members to help them obtain housing at the post of duty country so they can gradually become integrated into the local community. Primary Caregivers have 100 business days of leave. May work as a member of a multidisciplinary team and coordinate work within and beyond own Unit. Bank Official Languages: At least 2 In addition, 19 percent of companies blend market-based and point-factor approaches when designing their salary range structures. In accordance with the Access to Information Policy, effective 1 January 2011, the Bank makes public the following records of the Board of Executive Directors: The President of the IDB is the institution's legal representative and chief executive officer. The IDB was founded in 1959 as a partnership between 19 Latin American countries and the United States. Identifies potential internal/external client needs, develops programs and promotes IDB activities that meet client requirements. May lead projects of moderate complexity or scope. Gain the intel you need now to successfully anticipate and navigate employment laws, stay compliant and mitigate legal risks. Do you recruit for these offices? else if(currentUrl.indexOf("/about-shrm/pages/shrm-mena.aspx") > -1) { A shift towards, Handling involuntary termination is a likely occurrence for human resources managers and, Return better results with Payscale job search, Compare real living costs across different states, Consider potential directions your career can take, Calculate the 20-year net ROI for US-based colleges, Are you the kind of person who struggles to get a handle, Learn where the best career earners attended college. Most positions require oral and written proficiency in English and at least one of the other official languages. Minimum Years of Experience: 6 New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve. Our model gets smarter over time as more people share salaries on Glassdoor. U.S. citizen employees who receive net of tax compensation, therefore, also receive a quarterly tax reimbursement from the IDB Group. Use our tool to get a personalized report on your market worth. All applications are submitted through our online application system . I went above and beyond for years doing extra work, organizations etc and nothing has been reflected in pay. Minimum Education: Master, Performs activities requiring advanced technical knowledge and an advanced understanding of the business area. Staff can retire at 35 years of work or 65 years of age whatever comes first. Minimum Years of Experience: 10 Secondary= High SchoolAssociates= Technical Degree,Vocational DegreeBachelors= Undergraduate Degree, University Degree, BSc, BAMasters= Graduate Degree, MA, MBA, MFA, MSc, MEngDoctorate= Doctoral Degree, PhD. The average Inter-American Development Bank salary ranges from approximately $54,000 per year for Graphic Designer to $152,000 per year for Marketing Analyst. ADB headquarters national and administrative staff salary structure effective 1 January 2023. Represents Unit/technical area internally and externally. ADB International Staff Salary Structure Author: Asian Development Bank Subject: ADB international staff salary structure effective 1 January 2020. on-site regular child care services and offsite emergency child care services. document.head.append(temp_style); You may be trying to access this site from a secured browser on the server. You'll first see general background information about the IDB in each job description. Works under the regular supervision of others to complete moderately complex tasks. Why do people leave their jobs? Leads projects and programs of considerable scope and impact. Through your job evaluation process, you may decide there are three grades: Grade 1 includes HR Assistant and midpoint is $30,000. The average Inter-American Development Bank salary ranges from approximately $46,139 per year for a Case Assistant to $255,868 per year for an Investment Officer. I went above and beyond for years doing extra work, organizations etc and nothing has been reflected in pay. A company's chosen model usually depends on size, compensation philosophy, business objectives, and how competitive the . 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. Dental Program: The Dental Plan covers routine preventive care, and other services including orthodontics. Special: Bereavement leave of up to 5 days after the death of an immediate family member, plus additional days to travel outside your post of duty. Title remains the same and a 30% salary increase. Understands and follows relevant policies and procedures. Career development and mobility are important and happen through a variety of ways including developmental work-assignments, lateral transfers, and annual performance review. Read what they think about their salaries on our Compensation FAQ page for Inter-American Development Bank. Works across organizational boundaries and/or disciplines to tackle complex technical issues. 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We hire for all offices on a regular basis. Salaries posted anonymously by Inter-American Development Bank employees. Source: of IDB engagement in Suriname, making the IDB the government's lead development partner and averaging 88% of multilateral financing and 30% of total public external debt per year. Bank Official Languages: At least 2 Builds and maintains internal and external networks to access and expand knowledge. 4.851%. Trinidad and Tobago became a member in 1967, to be soon joined by Barbados (1969), Jamaica (1969), Canada (1972), Guyana (1976), The Bahamas (1977) and Suriname (1980). The approximate total salary for Tax Senior is $92,000. We also have an Onboarding Program where new employees are integrated into their work environment over their first three months. market pricing using external market data and Coordinates Unit activities to resolve business issues and meet business objectives. 55 percent have multiple structures varying by job and/or geographic location. the U.S. Department of State to provide G(4) status. Takes a given business/functional strategy and translates this into clear a set of objectives, guidelines and programs for own area. Take a minute to prepare by reading this first. There is a strong correlation between job level and number of salary structures. A second basic requirement in both cases is the subscription of shares of the Ordinary Capital and contribution to the Fund for Special Operations. As a consultant this is a great place to work but only for a maximum of three . Ensures that workplace practices and behaviors comply with IDBs policies related to ethics and respect in the workplace.