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). 45-50 positions are available every year. PROGRAM UPDATE: World Bank and IFC will merge their respective Young Professionals Programs […] A free inside look at The World Bank salary trends based on 1577 salaries wages for 406 jobs at The World Bank. The team coordinates learning activities, meetings and events designed to support YPs, such as mentorship assignments, networking events and career strategy meetings, among others. 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 … 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. We attract highly qualified and motivated professionals from our member countries for a productive and rewarding career path in development. The participating units of the IFC YPP include: The Multilateral Investment Guarantee Agency (MIGA) was created with the aim of attracting private capital to unfavorable environments, usually countries with a lower level of income and in contexts which are unappealing for investments. Opportunities for professional growth are one of this program’s main differentiating factors. Regional Units: Africa, Latin America and the Caribbean; North Africa and the Middle East; Europe and Central Asia; South Asia; East Asia and the Pacific. THE WORLD BANK Young Professionals Program at the World Bank "The YPP was a great way to start at the Bank. 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. Check out the latest Young Professional Jobs or see Young Professional Salaries at other companies. Which World Bank units are young professionals assigned to? Most positions are in Washington, DC; Some others are in the World Bank representations. 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. 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. The mobility premium is paid quarterly to expatriate YPs for five years. 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. What is the purpose of the Young Professionals Program (WBG YPP)? 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. What kind of appointment do young professionals have? This depends on the business and is different. Read our privacy policy, OpenIGO | International Careers Development Network. I successfully applied and attended a conference in Maribor in 2012. The World Bank Group Young Professionals Program (YPP) is a starting point for an exciting career in the World Bank. • per kilometer payment for trips via private or rental car for all or part of the relocation travel. on. depending on the employee’s professional experience, academic qualifications, skills and technical knowledge. Its annual value is calculated according to the sum of the staff member and their dependents individual percentages (staff member 11%; spouse/domestic partner 5%; each dependent child 4%) multiplied by the mid-point of grade GG. 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. This article is only a small sample of the extensive content present in our excellent ebook. A free inside look at The World Bank salary trends based on 4 salaries wages for 3 jobs at The World Bank. The Young Professionals Program (YPP) is a starting point for an exciting career in the World Bank. The application for the 2017 Selection Process for the Young Professionals Program at the World Bank is open from June 15 - July 27, 2016. Particularly, women and individuals with disabilities are strongly … Learn how to enable cookies. It is important to stress that the OpenIGO network is not formally linked to the UN System , World Bank or any other intergovernmental organization. I'm very keen on exploring opportunities at the World Bank because they have played a very important role in bringing technology led revolutions in renewable energy and agriculture in many developing countries, including the one I was brought up in. Are you young professional thinking about a career at the World Bank? 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. Only a small minority of employees will attain the upper third of the salary band. The WBG YPP is a starting point for an exciting career at the World Bank Group. In fiscal year 2017, the WBG committed $59 billion in loans, grants, equity investments and guarantees to its members and private businesses, of which $19 billion was concessional finance to its poorest members. Generally speaking, even after the program has ended, the YPs continue to work in D.C. but relocating is a possibility. World Bank Young Professionals Program (YPP), 2019 is offered for Other degree in the field of Economics, finance, education, public health, social sciences, engineering, urban planning, agriculture, natural resources . Placed at the GF grade, YPs earn an annual average net salary of US$ 105,275.00. 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. For more than half a century, the World Bank has been recruiting and training its future leaders through its Young Professionals Program. 2 years ago. The Young Professionals Program (YPP) is a starting point for an exciting career at the World Bank Group. The WBG YPP is a starting point for an exciting career at the World Bank Group. ), 7 of the Best Situational Interview Questions. Published. These services include revising your WBG YPP application documents (essay, curriculum vitae and thesis/dissertation short summaries) and a mock interview as per the WBG YPP model. World Bank – Young Professionals Program (YPP) 2019/2020. Each of these programs has eligibility requirements and specific interest rates but they all offer special conditions. This represents the Details about World Bank Young Professionals Program (YPP), 2019. The World Bank Group pays its employees an average of $96,262 a year. COMPENSATION & BENEFITS. 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. This post provides information on the requirements, eligibility and how to apply for this program. 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. The program is looking for enthusiastic, outstanding, diverse, and highly qualified individuals who have had academic success and potential to be a good leader. In addition, we have developed support and guidance services. Share; ... Salary… 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? Here’s Exactly What to Write to Get Top Dollar, Junior Professional Associate Inter­views, How To Follow Up After an Interview (With Templates! Over 1700 participants have been recruited since 1963, who is now at senior positions at the World Bank Group. What benefits does the WBG offer young professionals. There is no fixed number of vacancies for the World Bank YPP. 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. ... Young Professionals Program (YPP) 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. on. Indeed, the WBG YPP is a take off point for an exciting career at the World Bank Group. This is a financial benefit which assists a young professional with the costs associated to their relocation to the new place of work. 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. See how your offer stacks up to other pay packages and negotiate confidently. WATCH THE REPLAY! 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? IFC applies its financial resources, technical expertise, global experience, and innovative thinking to help clients and partners to overcome financial, operational, and other challenges. See all Young Professional salaries to learn how this stacks up in the market. 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. The World Bank Group (WBG) invites all qualified persons with various professional, academic, and cultural backgrounds. The trainees are responsible for their accommodation. 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. 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 . Opportunities Circle bring another great Opportunity for the youth World Bank Young Professionals Program 2021. Where is the young professionals’ place of work? Precious Leko. By. WORLD BANK. 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. The World Bank Young Professionals Program (YPP) 2019. World Bank Young Professionals Program (YPP) 2021: World Bank has start accepting applications from citizens of member countries of the World Bank Group. Starting salaries are between $70,000 and $140,000 depending on experience. Check out the latest The World Bank Jobs. COMPENSATION & BENEFITS. How to Answer: What Are Your Strengths and Weaknesses? 2 years ago. Applications for the Young Professionals Program are now open until June 30, 2020. ... YPs are offered a competitive salary and benefits package as part of a 5-year term contract. The young professionals will be assigned to work at the World Bank Group’s head office in Washington D.C. (USA). 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. Over 1700 participants have been recruited since 1963, who is now at senior positions at the World Bank Group. It is a unique opportunity for younger talent who have a passion for international development and the leadership potential to grow in fascinating top technical and managerial roles in the World Bank Group. 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). Economist eba3. Therefore, OpenIGO does not position itself as an official representative or answer for any intergovernmental organization. The application for the 2021 World Bank Young Professionals Program is now open. This estimate is based upon 6 The World Bank Young Professional salary report(s) provided by employees or estimated based upon statistical methods. The WBG YPP 2020 is a starting point for an exciting career at the World Bank Group. The World Bank Group (WBG) welcomes all qualified individuals with diverse professional, academic, and cultural backgrounds. Applied in the GF grade, YPs make an average… Global Themes Units: Climate Change; Gender; Fragility, Conflict and Violence; Infrastructure, PPPs & Guarantees; and Knowledge Management. The World Bank Young Professionals Program (YPP) 2019. Benefits include health, life and accident insurance, a pension plan and possible relocation and mobility benefits depending on WBG guidelines. 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). 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 … “better work life balance for employees with families”. 1 year ago # QUOTE 1 Good 0 No Good ! Good luck to all applicants! World Bank Group Young Professionals Program (YPP) 2020 is presently open for applications. The WBG YPP Office: WBG YPP staff are dedicated to recruiting and integrating Young Professionals into the World Bank Group. 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. 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. 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 three year leadership opportunity for the development of Bank’s future leaders. World Bank Group is pleased to invite applications for the Young Professionals Program (YPP). Young Professionals Program (YPP) ← Jobs and Human Resources. The WBG YPP Office: WBG YPP staff are dedicated to recruiting and integrating Young Professionals into the World Bank Group. Every year only 45 applicants are selected for the Young Professional Program 2019 (YPP).. Hosting Organization: World Bank (WB) Program Duration: 24 Months. World Bank – Young Professionals Program (YPP) 2019/2020. The YPP … Th program involves the recruitment of Young Professionals from around the world with various academic and professional backgrounds relevant to the World Bank… 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. Women and persons with disabilities are strongly encouraged to apply. 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. The World Bank Group (WBG) welcomes all qualified individuals with diverse professional, academic, and cultural backgrounds. The WBG YPP offers a competitive salary and benefits package as part of a 5-year term contract. The organization also offers cover for disability and compensation to staff members at no additional cost. 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). 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 World Bank Young Professionals Program application deadline is July 1st, 2020. Is anybody interested this year? Structure Adjustment ; The structure adjustment aligns the salary scales with the increases in labor market salary levels. Responsibilities and requirements increase at each grade level (represented by letters). Salaries posted anonymously by The World Bank employees. The typical The World Bank Young Professional salary is $119,122. The YPP is a unique opportunity for … YPs are assigned in accordance with their academic and professional profile and the WBG’s needs at the time. Applications will open from June 1 – June 30 for all profiles, and will reopen … Once selected, the IFC young professional join in as an Associate Investment Officer or Investment Officer, depending on the level of experience. Start every year. The Young Professionals Program (YPP) is a starting point for an exciting career at the World Bank Group. Salaries posted anonymously by The World Bank employees. This call is intended to all citizens of member countries of world Bank. THE WORLD BANK Young Professionals Program at the World Bank "The YPP was a great way to start at the Bank. The Young Professionals Program (YPP) is a starting point for an exciting career at the World Bank Group. Young Professionals Program (YPP) 2020 Details: Host Country: U.S.A The WBG YPP is a starting point for an exciting career at the World Bank Group. The IFC Young Professionals program (IFC YPP) is our flagship recruitment program, which offers a unique opportunity to launch a global career in finance. Please click here to YPP website. The team coordinates learning activities, meetings and events designed to support YPs, such as mentorship assignments, networking events and career strategy meetings, among others. 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). PROGRAM UPDATE: World Bank and IFC will merge their respective Young Professionals Programs […] The World bank pays all trainees an hourly salary and, if necessary, provides a travel allowance. Precious Leko. 2 Consulting Salaries provided anonymously by The World Bank employees. Our recruiters answer your questions and share their tips and insights. The 2020 Young Professionals Program (YPP) application cycle is now closed and we are no longer accepting applications. Young Professional salaries at The World Bank can range from $55,828 - $154,953. What salary does a Consulting earn in your area? World Bank Young Professionals Program (YPP) 2021: World Bank has start accepting applications from citizens of member countries of the World Bank Group. 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.