You have successfully saved this page as a bookmark. The Education Benefit will be paid as a reimbursement at the end of the academic year, upon meeting the requirements set by the IDB Group at the rate of 75% for Basic Education tuition and 50% of for Higher Education tuition. Minimum Education: Master, Provides leadership and direction to the Division. The original member countries were Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, El Salvador, Guatemala, Haiti, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay, Venezuela and the United States. Traditional vs. Broadband Salary Structures. Minimum Years of Experience: 3 Inter-American Development Bank employees attributed a compensation and benefits rating of 3.8/5 stars to their company. He is responsible for the Banks day-to-day business and manages its operations and administration with the assistance of the staff of the Office of the Presidency. Identifies opportunities to improve tools and methodologies in technical area. Traditional salary structures are organized with numerous layers and range structures (or pay grades) with a relatively small distance between each range. Core requirements: . PRINCIPAL TECHNICAL LEADER / PRINCIPAL ADVISOR. Volunteer: 2 days per calendar year to contribute time to eligible organizations. In contrast, about four out of five companies with more than 500 employees use salary range structures. Directs and optimizes budgeted resources to meet specific objectives and deliver agreed upon results. . Most companies use a market-pricing approach with current salary survey data for individual jobs, to design and adjust salary range structures (Figure 1). The average Inter-American Development Bank hourly pay ranges from approximately $24 per hour for an Intern to $51 per hour for a Consultor. May provide supervision to others. Provides input to resolve complex technical problems in area of expertise. Hardship Benefits: An allowance granted when the staff member is assigned to a post of duty designated by the IDB Group as a hardship duty station. 100 working days for Primary Caregiver or 50 working days for Secondary Caregiver. May work as a member of a multidisciplinary team and coordinates work within and beyond own Unit. Find salaries . These can be taken either continuously or in a flexible way. Demonstrates thorough understanding of relevant policies and provides guidance to others on their application. May act as project manager. Responds to routine inquiries. Bank Official Languages: At least 2 The formula is a percentage of the participants highest 5 consecutive years average remuneration for every year of service. Keywords adb staff, salary structure, national staff, salary, administrative staff, headquarters staff, HQ staff, local staff, filipino staff, adb headquarters, adb compensation, adb remuneration, adb pay grade, staff positions, job levels, nsas, ns, as 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). Contributes to the development of new or revised tools, methodologies, procedures and policies. Covers a diverse mix of professions, skills and trades. Works under moderate supervision to perform routine technical activities. Supports the full cycle of resource planning and management activities. The approximate total salary for Tax Senior is $92,000. Consultants. Salary structures are an important component of effective compensation programs and help ensure that pay levels for groups of jobs are competitive externally and equitable internally. What are the terms of the full-time or contract/consultant positions you offer? Single vs. Develops and implements work procedures for Unit/are of responsibility in alignment with IDB policies and practices. Please log in as a SHRM member before saving bookmarks. The lowest-paying job at Inter-American Development Bank is a Case Assistant with a salary of $46,139 per year. Works under limited supervision of others. Dental Program: The Dental Plan covers routine preventive care, and other services including orthodontics. Thanks! Works under the regular supervision of others. Secondary Caregivers 50 business days of leave. The Board of Executive Directors usually meets once a week and, among other duties, is responsible for approving loan and guarantee proposals,policies, country strategies, the administrative budget, setting interest rates, and making decisions on borrowings and other financial matters. Career Paths | Jobs at IDB With over 12 career paths, find a path that fits your skills and goals. U.S. citizen employees who receive net of tax compensation, therefore, also receive a quarterly tax reimbursement from the IDB Group. May work as a member of a multidisciplinary team and coordinate work within and beyond own Unit. Salary range spreads and midpoint-to-midpoint differentials vary significantly by job level. Staff can retire at 35 years of work or 65 years of age whatever comes first. Simply scroll down the job listing to see . Individuals who provide consulting services normally associated with specifically defined products or expert advice or services. Bank Official Languages: At least 2 Prepares standard and non-standard documents. The formula is a percentage of the participants highest 5 consecutive years average remuneration for every year of service. Contributes to the development of new or revised tools, methodologies, and procedures. Leads or participates in the strategic planning, design, execution, monitoring and evaluation of investment projects in specific sectors. Manages critical relationships with internal and external clients/stakeholders to secure support for significant business initiatives. We also hire professionals on a fee basis for specific tasks and projects, under the following terms: We have offices in 29 countries around the world. Home Country Travel: This benefit assists TCN staff to maintain family, social, professional, and cultural ties with their home country. The IDB prioritizes social inclusion and equality; productivity and innovation; and regional economic integration in its development work across Latin America and the Caribbean. If the staff member has over 10 years of service, entitlement is 2 days per month up to a maximum of 30 days per calendar year. 82 percent use traditional salary structures, while 7 percent use broadband structures. May provide supervision to others. U.S. citizen staff members are subject to U.S. taxes on their IDB Group compensation wherever they reside with a limited exclusion from taxable income available to those who work and reside abroad. Leads, manages, mentors and assesses the Units staff and provides feedback and technical guidance to optimize performance. Do you provide relocation assistance and onboarding support? Keywords: adb staff, salary structure, international staff, salary, professionals, adb compensation, adb remuneration, adb pay grade, staff positions, job levels, IS, professional staff Created Date Works under moderate to limited supervision to complete routine tasks. Whats the best way to have a lack of compensation and incentive conversation in your department? U.S. citizen staff members who receive net of tax compensation, therefore, also receive a quarterly tax reimbursement from the IDB Group. A salary structure is a compensation framework that organizes company positions into a series of tiered pay grades or salary ranges. Additional Health Services: Employee Assistance Program (confidential counseling and referral service to assist you and your family with personal or work-related problems), and Health Services Center. 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. Some highlights of the policy are below: Staff can be designated Primary or Secondary Caregivers. Here is a breakdown of it: Benefit Amount; Base Salary: $64,083: Cash Performance: $3,141: Total Compensation: $67,000: Tax Senior Salary. Works independently, even on complex tasks. 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. Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}3.3. facility on-site to accommodate working new mothers. Our model gets smarter over time as more people share salaries on Glassdoor. Over the next several decades, the Bank expanded its membership, initially through the Western Hemisphere. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? Do you recruit for these offices? The Republic of Korea became a member country in 2005 and the People's Republic of China became a member country in 2009. Geographic Location, Multiple Structures Differing by Job and Geography. For full time staff, we initially offer a fixed-term contract of up to 3 years that may be renewed. Title remains the same and a 30% salary increase. Grade 3 includes HR Manager and midpoint is $60,000. Minimum Education: Master, Considered expert in technical or relevant area and is recognized as such across the IDB and externally. Supports strategic budget and human resources planning and performance monitoring. The work of the Board of Executive Directors is guided by theRegulationsof the Board of Executive Directors, theCode of Conductof the Board of Executive Directors and theConsolidated Proceduresand Terms of Reference of the Standing Committees. IDB Groups contributions to the Local Retirement Plan are reviewed and determined annually based on actuarial funding assessments by independent external actuaries. Read what they think about their salaries on our Compensation FAQ page for , Get started with your Free Employer Profile, Consultant salaries - 264 salaries reported, Research Fellow salaries - 49 salaries reported, Project Assistant salaries - 18 salaries reported, Senior Consultant salaries - 15 salaries reported, IT Consultant salaries - 15 salaries reported, Specialist salaries - 14 salaries reported, Communications Consultant salaries - 14 salaries reported, Economic Consultant salaries - 9 salaries reported, Internship salaries - 8 salaries reported, Investment Officer salaries - 7 salaries reported, Climate Change Consultant salaries - 7 salaries reported, Operations Consultant salaries - 7 salaries reported, Research Assistant salaries - 7 salaries reported, Lead Specialist salaries - 7 salaries reported, Knowledge Manager salaries - 6 salaries reported, Communications Specialist salaries - 6 salaries reported. Leads discrete activities in support of larger projects or programs. Generates knowledge, ensuring that best practices and lessons learned are captured and shared with others. Conducts and/or coordinates complex research and analysis. Read what they think about their salaries on our Compensation FAQ page for , Get started with your Free Employer Profile, Consultant salaries - 268 salaries reported, Research Fellow salaries - 49 salaries reported, Project Assistant salaries - 19 salaries reported, IT Consultant salaries - 16 salaries reported, Senior Consultant salaries - 15 salaries reported, Communications Consultant salaries - 15 salaries reported, Specialist salaries - 14 salaries reported, Economic Consultant salaries - 9 salaries reported, Internship salaries - 8 salaries reported, Project Manager salaries - 7 salaries reported, Climate Change Consultant salaries - 7 salaries reported, Communications Specialist salaries - 7 salaries reported, Lead Specialist salaries - 7 salaries reported, Investment Officer salaries - 7 salaries reported, Operations Consultant salaries - 7 salaries reported, Research Assistant salaries - 7 salaries reported. May work as a member of a multidisciplinary team and coordinate work within and beyond own Unit. Take a minute to prepare by reading this first. The average Inter-American Development Bank salary ranges from approximately $46,139 per year for, The highest-paying job at Inter-American Development Bank is, The lowest-paying job at Inter-American Development Bank is, Inter-American Development Bank employees attributed a compensation and benefits rating of 3.8/5 stars to their company. Minimum Education: Master, Performs activities requiring advanced technical knowledge and an advanced understanding of the business area. Nine percent use a hybrid or mix of traditional and broadband structures. Institution vest the first 8 years of pension plan, and provide annual reports with updates to all staff members. Data source: 2010 Culpepper Salary Range Structure Practices Survey of 360 organizations. Salary structures are an important component of effective compensation programs and help ensure that pay levels for groups of jobs are competitive externally and equitable internally. Contract duration is anywhere from one (1) day to a maximum cumulative lifetime total of thirty-six (36) months within the IDB Group, regardless of whether the service comprised a single contract or multiple contracts (including internships). Payment may include a subsistence allowance for room & board, tuition reimbursement and any payment of subsistence (If applicable) will be paid up to reimbursement cap established for the academic year.