Compensation and Benefits
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Salary benchmarking and career progression
- Salaries are benchmarked against several comparator markets from around the world to ensure they are competitive.
- Salaries will grow as you progress in your career.
Medical coverage and health benefits
- Medical Benefits Plan provides flexible and comprehensive global coverage for you and your family.
Leave, flexible work arrangements, and parental supports
- Annual leave initially includes up to 26 annual leave days per year, increasing to 30 days with long service.
- Sick leave: 15 days of sick leave per year.
- You may be eligible for parental leave.
- Flexible work arrangements may include working from home (teleworking), flexible start dates, and compressed work schedules.
Retirement and savings
- Retirement benefits include a generous final salary, defined contribution pension plan, and voluntary retirement savings plans for all employees.
Family supports and expatriate assistance
- Support for families includes the IMF Spouse and Partner Association, which provides a support network for partners offering:
- Advice on living and working in the area.
- Career services and personal development.
- English language courses.
- A school counselor to help children settle into school.
- An onsite childcare center.
- Expatriate benefits for staff who are not from the U.S. include support for regular visits home and child education.
Appointment types, durations, and contractual limits
- Staff appointments are normally for an initial term of up to three years.
- Subject to performance indicating potential for a successful IMF career and considering institutional needs, staff may be offered either:
- An extension to their term appointment, or
- Appointment to a regular staff position (an indefinite appointment).
- Contractual positions may vary in initial appointment length but can be extended based on need, for up to a cumulative maximum of four years.
- Eligibility for certain contractual benefits may vary by length of service and position type.
References