FY27 Review of Staff Compensation for the WBG and Awards Allocations

Overview & Synopsis

This paper presents the FY27 Review of Staff Compensation for the World Bank Group (WBG), outlining proposed salary structure adjustments for Headquarters and Country Offices and the corresponding FY27 budget allocations for staff awards programs across IBRD, IFC, and MIGA. The review applies the WBG compensation methodology approved in 2018 and updated in 2025, incorporating salary movement projections and market-based assessments for selected Country Offices. The paper also highlights ongoing organizational and human resources reforms aimed at enhancing efficiency, accountability, and service delivery across the WBG. The proposed compensation and awards budgets will be incorporated into FY27 administrative budget submissions for Board consideration. This paper outlines the World Bank Group's efforts to strengthen performance and talent management through enhanced reward and recognition programs, including the introduction of the President’s Award and Innovation Award. It highlights initiatives to support organizational transformation, foster a results-oriented culture, optimize workforce planning by reducing reliance on short-term staffing, and align rewards programs with the WBG’s strategic priorities and institutional integration objectives.