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Inter-American Development Bank

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Don't waste your time here - Recensione dipendente - Senior Consultant presso Inter-American Development Bank

1,0
3 gen 2022
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

You don't pay taxes on your income earned here.

Svantaggi

Chaotic place, poorly managed, unclear task assignments. Some people are doing close to nothing while others are working extremely hard. Rampant nepotism and cronyism. Stagnant or unmotivated staff. I never saw people being fired for not pulling their weight. It was as if there were no rules for getting rid of underperforming employees as well as no rules for promoting the good ones. If you have a green card holder or a US citizen and you are here, shame on you. Politics decides 90% of what is done, who is hired etc. Most who become permanent staff are well connected belonging to politically dominant classes in Latin America. Yes, lots of country mafias. Highly trained and well experienced who come by merit are not welcomed. Lots of insecure people feel their positions threatened. If you come here thinking this is an org with an honest and laudable mission such as 'improving lives' you are being naïve. Inefficient use of budget. While the IDB advices to the client countries to spend their money efficiently, it doesn't practice what it preaches. There are rules that force each department to basically throw out of the window all the remaining budget at the end of the year to avoid losing their 'share of the pie' next year. The capital given to the IDB is tax payer money from a lot of very poor countries and yet this happens. If this is not hypocritical I don't know what is.

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Risposta di Inter-American Development Bank
4y
Thank you for taking the time to provide feedback. At the IDB, we work every day to improve lives in Latin America and the Caribbean. We are a trusted partner of governments, NGOs, start-ups, and other stakeholders who also work for the region. To remain a trusted partner and continue to improve lives, we must maintain rigorous standards and procedures.

Esplora altre recensioni su Inter-American Development Bank

5,0
28 mag 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Excellent benefits, culture and opportunity to make a real impact.

Svantaggi

There is bureaucracy across the organization. Vertical career progression can be slow.

3,0
18 giu 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

- Good working experiences for LATAM people. - Very talented people from different countries. - Learning opportunities from different projects and resources. - Compensation to my needs is Ok.

Svantaggi

- Some workers extremely overloaded. - Feeling or sense of fake urgency focused on anxiety instead of burocracy removal. - Sending emails or messages after hours and even overnight is NORMALIZED. Because is a sign that you are working more. - Leaving work on time is negatively seen. - There is a need to appear that you are working more than others so staying late, or getting home to work is the rule. - Human resources is not addressing this cultural problems but is silently impacting employees. - Competitive environment that sometimes could be toxic.

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