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.