Table of Contents
What is STC in World Bank?
This checklist summarizes the important tasks that new staff must complete when they join the World Bank Group on a short-term consultant/short-term temporary (STC/STT) appointment in a country office (CO).
What are the different grades in World Bank?
The World Bank Grade Structure
- Administrative: These are roles which support the Bank’s operations.
- Professional and Technical: Roles which focus on technical knowledge and experience.
- Managerial: The Bank’s managers are responsible for everyday team management, work schedules and budgets.
What is Extended Term consultant?
Extended Term Consultant Appointment (ETC) is a full-time appointment at the equivalent of grade GE or above for a minimum of one year, renewable for a second year, subject to a lifetime maximum of two years for all Extended Term appointments.
What does ET consultant mean?
Extended-term consultant/extended-term temporary (ETC/ETT) staff receive a World Bank Group-paid life insurance benefit of one times net salary or net equivalent salary if the staff member is paid gross. Eligible staff are automatically enrolled in basic coverage on their first day of employment.
What is the grade structure of the World Bank?
The World Bank Grade Structure. The World Bank grade structure is formed by 10 grade levels. As demonstrated in the figure below, each professional level uses the initial G (for grade), followed by a letter, ranging from A to J, representing the different levels of responsibility, skills and requirements.
What are the different levels of jobs in the World Bank?
The World Bank Group uses 10 grade levels as a way to structure its workforce. The grades reflect levels of responsibility, skills, and education. The WBG’s career tracks are Administrative, Technical, and Managerial. Administrative Jobs (GA–GD): These are jobs that support Bank operations.
What is the professional and technical stream at the World Bank?
Young professionals (YPs) enter the World Bank Group in the “Professional and Technical” stream, at grade level GF. YPs usually have successful careers at the World Bank Group, with many attaining top management roles. Opportunities for professional growth are one of this program’s main differentiating factors.
Who is at the top of the World Bank?
There is the President at the top. These days, there is a CEO. Followed by World Bank’s Managing Directors. Then, there are Senior Vice Presidents and Vice Presidents – plenty of them. They are in charge of particular regions and particular sectors. For example, Vice President for South Asia, Vice-President for Sustainable Development.