World Bank : Staff presses over selective bonuses
The internal memo was circulated ahead of an annual gathering of Bank members and staff in Washington next week
WASHINGTON:
The World Bank’s staff association has called for a meeting with President Jim Yong Kim, citing a ‘climate of fear and confusion’ and unhappiness over bonuses granted to select top officials. Kim has issued a public meeting for Monday morning to address the concerns following a staff association memo asking him to discuss issues related to reforms he has instituted since becoming Bank president two years ago. The internal memo was circulated ahead of an annual gathering of Bank members and staff in Washington next week. The text cited ‘major frustration over bonuses to senior management leading the cost-cutting exercise currently under way and insufficient budgets to deliver projects.’ It also pointed to a lack of communication from the management on the global practices moving forward, and the overall climate of fear and confusion that is permeating the corridors. “The staff needs to see and hear from President Kim now and have their concerns addressed,” it added.
Published in The Express Tribune, October 5th, 2014.
The World Bank’s staff association has called for a meeting with President Jim Yong Kim, citing a ‘climate of fear and confusion’ and unhappiness over bonuses granted to select top officials. Kim has issued a public meeting for Monday morning to address the concerns following a staff association memo asking him to discuss issues related to reforms he has instituted since becoming Bank president two years ago. The internal memo was circulated ahead of an annual gathering of Bank members and staff in Washington next week. The text cited ‘major frustration over bonuses to senior management leading the cost-cutting exercise currently under way and insufficient budgets to deliver projects.’ It also pointed to a lack of communication from the management on the global practices moving forward, and the overall climate of fear and confusion that is permeating the corridors. “The staff needs to see and hear from President Kim now and have their concerns addressed,” it added.
Published in The Express Tribune, October 5th, 2014.