It’s no secret that much work at the World Bank is carried out by a cadre of consultants on contracts of varying lengths. But the bank’s private sector arm is making changes to how it uses short-term consultants — and the rollout has been described as “horrific” and “surprising” by some of those impacted.
The International Finance Corporation, or IFC, wants to hire more full-time staff instead of relying on short-term workers, according to documents and an email seen by Devex. But the process has left some contractors confused, concerned, and upset, according to a staff message board.
Some short-term consultants, or STCs, described the handling of the changes as “horrific” and said they learned about modifications when their contracts, up for 150-day annual renewal for the fiscal year starting July 1, were rejected.
About the author
Adva Saldinger@AdvaSal
Adva Saldinger is a Senior Reporter at Devex where she covers development finance, as well as U.S. foreign aid policy. Adva explores the role the private sector and private capital play in development and authors the weekly Devex Invested newsletter bringing the latest news on the role of business and finance in addressing global challenges. A journalist with more than 10 years of experience, she has worked at several newspapers in the U.S. and lived in both Ghana and South Africa.
