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Islamic Development Bank

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Islamic Development Bank Reviews

4.1

90% would recommend to a friend

(79 total reviews)
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Bandar M. H. Hajjar

86% approve of CEO

70% positive business outlook

Islamic Development Bank has an employee rating of 4.1 out of 5 stars, based on 79 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Islamic Development Bank employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

79 reviews
1.0
15 Oct 2019
Recommend
CEO approval
Business outlook

Pros

1. Good Benefits 2. Great place if you don't have any career ambitions and want to live a life of retirement

Cons

1. The work environment is caustic. People call you brother on the face but stab in the back on first opportunity. 2. Management is stuck in unnecessary corporate reforms and politics, with little focus on business development and talent retention. 3. The bureaucracy is at its worst. The organization still works on paper based memos. Every employee is expected to take permission on smallest things. 4. No system of career development. Only the politically connected get ahead. 5. Top level management is appointed on a political and nepotism basis. A few "selected' get to be on the top and make unreasonable ungrounded decision with no regard.

2.0
3 Nov 2014

Think ten times

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Excellent work life balance. Reasonable tax free compensation. Very relaxed atmosphere (not sure if it is pros). Average work goes as the best performance.

Cons

Old leadership and management. Saudi domination in decision making. Irrelevenace to the current world realities. Poor results, outcome, outputs. Laid back corporate culture.Too much politics. Extremely boring location and exit and entry rules. No respect to the staff. Lack of accountability. Risk of loosing one's marketable skills and becoming obsolete in the global labor markets.

3.0
11 Apr 2014
Recommend
CEO approval
Business outlook

Pros

You will likely not get fired unless you do something very stupid. You will have stability and security. Work can be interesting depending on which part of the bank you are in. A lot of international travel if you are in the business side. The organization is maturing so there are loopholes which can be used to get the job done. Can contribute towards the development of the organization. The organization has great possibilities and could become a leader if it realized that it really was not right now.

Cons

There is little institutional setup to help develop expertise and quality of younger staff. A lot of inter-departmental politics. The top management doesnt realize or acknowledge the shortcomings in terms of staff not being given diplomatic status despite agreement with host country. The organization has no reach in the country at the general administrative level - only at the top management to top government level which means things can be done if desired. On paper the organization is changing in fact change is very slow. Not a good place to start you career - however late in life can be a good place to be.

Viewing 1 - 3 of 79 Reviews

Glassdoor has 108 Islamic Development Bank reviews submitted anonymously by Islamic Development Bank employees. Read employee reviews and ratings on Glassdoor to decide if Islamic Development Bank is right for you.