Starting this month, the World Bank is implementing new hiring measures in order to put what management sees as “unchecked and unsustainable” hiring under control.
A March 4 memo signed by the bank’s human resources vice president and obtained by Devex detailed two new “employment controls” which came into effect immediately after their announcement: All new positions now need approval at vice president level, and external candidates will require confirmation by the CFO and COO, two of the most senior posts at the Washington, D.C.-based institution — not just by managers in the different units as was the norm until now.
The centralization of hiring is intended to align staffing to the “business priorities as defined by the new strategic planning process,” the memo said, painting a picture of a bloated institution that had grown by 2,200 employees over the past five years, with personnel-related costs growing at an annual 6.8 percent, although it did not detail where that growth has come from.
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