[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-110438-en":3,"doc-seo-110438-105":30,"detail-sidebar-cat-0-en-105":90},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":27,"seo_description":14,"update_tm":28,"read_time":29},110438,5909877438554,"Maeve","https://ap-avatar.wpscdn.com/avatar/5600025385ad2bf12a7?_k=1778553567797529272",8,"Research & Report","International Bank for Reconstruction and Development Board of Governors Resolution - No. 691","This document outlines Resolution No. 691 adopted by the Board of Governors of the International Bank for Reconstruction and Development (IBRD) on August 24, 2022, concerning the direct remuneration of Executive Directors and their Alternates. The resolution details a salary adjustment based on recommendations from the 2022 Joint Committee on the Remuneration (JCR) of the Bank and the International Monetary Fund (IMF). The JCR considered relevant comparators, G20 civil service data, consumer price index changes in Washington D.C., and salary developments for Senior Management of both institutions. A 2020 independent assessment confirmed the comparability of roles and responsibilities between Executive Directors of the Bank and the Fund, leading to the recommendation of equal base salaries. Following a partial reduction in the salary gap in 2021, the 2022 JCR proposed a 3 percent salary adjustment, with Bank Executive Directors and Alternates receiving a 1.27 percent increase to fully restore remuneration parity with Fund Executive Directors. Consequently, effective July 1, 2022, the remuneration will be paid as a salary without a supplemental allowance. The new annual salaries are set at $272,980 for Executive Directors and $236,150 for Alternate Executive Directors.","Public Disclosure Authorized Public Disclosure Authorized  \nINTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT  \nBOARD OF GOVERNORS  \nResolution No. 691  \nDirect Remuneration of Executive Directors and their Alternates  \nWHEREAS the 2022 Joint Committee on the Remuneration (“JCR”) of the International Bank for Reconstruction and Development (“Bank”) and the International Monetary Fund (“Fund”) Executive Directors has carefully considered relevant comparators in the civil service of members of the G20 as well as developments in the Washington DC area consumer price index, salaries of Senior Management of the Bank and Fund, and has recommended a 3 percent salary adjustment for Executive Directors and Alternate Executive Directors ofthe Bank and the Fund; and  \nWHEREAS an independent assessment undertaken by an external consultant in 2020 concluded that the roles and responsibilities of Executive Directors in the Bank and the Fund are comparable, and their base salaries should be the same, and following an initial partial reduction in 2021 of the 2.5 percent salary gap between Bank and Fund Executive Directors by 1.25 percent, the 2022 JCR has recommended that the salaries of Bank Executive Directors and their Alternates be increased by 1.27 percent to fully restore parity of remuneration between the Executive Boards ofthe Bank and the Fund.  \nNOW, THEREFORE, the Board of Governors hereby RESOLVES:  \nTHAT, effective July 1, 2022, the remuneration of the Executive Directors ofthe Bank and their Alternates, pursuant to section 13(e) of the By-Laws shall be paid in the form of a salary without a supplemental allowance, and such salary shall be increased to $272,980 for Executive Directors and $236,150 for Alternate Executive Directors.  \n(Adopted on August 24, 2022)","cbCaiat2KnjsHDXL","https://ap.wps.com/l/cbCaiat2KnjsHDXL","pdf",156614,4,1,"English","en",105,"# Resolution No. 691\n## Direct Remuneration of Executive Directors and their Alternates","[{\"question\":\"What is the purpose of Resolution No. 691?\",\"answer\":\"Resolution No. 691 addresses the direct remuneration of Executive Directors and their Alternates at the International Bank for Reconstruction and Development, detailing salary adjustments and parity with the International Monetary Fund.\"},{\"question\":\"What factors were considered in determining the salary adjustment?\",\"answer\":\"The salary adjustment was based on comparisons with G20 civil service, Washington D.C. consumer price index, and salaries of Senior Management at the Bank and IMF, as recommended by the Joint Committee on Remuneration (JCR).\"},{\"question\":\"What are the new salary figures for Executive Directors and Alternates?\",\"answer\":\"Effective July 1, 2022, Executive Directors will receive an annual salary of $272,980, and Alternate Executive Directors will receive $236,150.\"}]","International Bank for Reconstruction and Development Board of Governors Resolution - No. 691 | PDF",1784485430,3,{"code":4,"msg":31,"data":32},"ok",{"site_id":24,"language":23,"slug":33,"title":13,"keywords":34,"description":14,"schema_data":35,"social_meta":85,"head_meta":87,"extra_data":89,"updated_unix":28},"international-bank-for-reconstruction-and-development-board-of-governors-resolution-no-691","",{"@graph":36,"@context":84},[37,52,67],{"@type":38,"itemListElement":39},"BreadcrumbList",[40,44,48,50],{"item":41,"name":42,"@type":43,"position":21},"https://docshare.wps.com","Home","ListItem",{"item":45,"name":46,"@type":43,"position":47},"https://docshare.wps.com/document/","Document",2,{"item":49,"name":12,"@type":43,"position":29},"https://docshare.wps.com/document/research-report/",{"item":51,"name":13,"@type":43,"position":20},"https://docshare.wps.com/document/international-bank-for-reconstruction-and-development-board-of-governors-resolution-no-691/110438/",{"url":51,"name":13,"@type":53,"author":54,"headline":13,"publisher":56,"fileFormat":59,"inLanguage":23,"description":14,"dateModified":60,"datePublished":61,"encodingFormat":59,"isAccessibleForFree":62,"interactionStatistic":63},"DigitalDocument",{"name":9,"@type":55},"Person",{"url":41,"name":57,"@type":58},"DocShare","Organization","application/pdf","2026-07-30","2026-07-19",true,{"@type":64,"interactionType":65,"userInteractionCount":20},"InteractionCounter",{"@type":66},"ViewAction",{"@type":68,"mainEntity":69},"FAQPage",[70,76,80],{"name":71,"@type":72,"acceptedAnswer":73},"What is the purpose of Resolution No. 691?","Question",{"text":74,"@type":75},"Resolution No. 691 addresses the direct remuneration of Executive Directors and their Alternates at the International Bank for Reconstruction and Development, detailing salary adjustments and parity with the International Monetary Fund.","Answer",{"name":77,"@type":72,"acceptedAnswer":78},"What factors were considered in determining the salary adjustment?",{"text":79,"@type":75},"The salary adjustment was based on comparisons with G20 civil service, Washington D.C. consumer price index, and salaries of Senior Management at the Bank and IMF, as recommended by the Joint Committee on Remuneration (JCR).",{"name":81,"@type":72,"acceptedAnswer":82},"What are the new salary figures for Executive Directors and Alternates?",{"text":83,"@type":75},"Effective July 1, 2022, Executive Directors will receive an annual salary of $272,980, and Alternate Executive Directors will receive $236,150.","https://schema.org",{"og:url":51,"og:type":86,"og:title":13,"og:site_name":57,"og:description":14},"article",{"robots":88,"canonical":51},"index,follow",{"doc_id":7,"site_id":24},{"code":4,"msg":5,"data":91},[92,96,100,104,109,114,119,122,127,130,134],{"id":21,"doc_module":4,"doc_module_name":46,"category_name":93,"show_sort_weight":94,"slug":95},"Story & Novel",90,"story-novel",{"id":47,"doc_module":4,"doc_module_name":46,"category_name":97,"show_sort_weight":98,"slug":99},"Literature",80,"literature",{"id":20,"doc_module":4,"doc_module_name":46,"category_name":101,"show_sort_weight":102,"slug":103},"Exam",70,"exam",{"id":105,"doc_module":4,"doc_module_name":46,"category_name":106,"show_sort_weight":107,"slug":108},5,"Comic",60,"comic",{"id":110,"doc_module":4,"doc_module_name":46,"category_name":111,"show_sort_weight":112,"slug":113},6,"Technology",50,"technology",{"id":115,"doc_module":4,"doc_module_name":46,"category_name":116,"show_sort_weight":117,"slug":118},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":46,"category_name":12,"show_sort_weight":120,"slug":121},30,"research-report",{"id":123,"doc_module":4,"doc_module_name":46,"category_name":124,"show_sort_weight":125,"slug":126},9,"Religion & Spirituality",20,"religion-spirituality",{"id":125,"doc_module":4,"doc_module_name":46,"category_name":128,"show_sort_weight":125,"slug":129},"World Cup","world-cup",{"id":131,"doc_module":4,"doc_module_name":46,"category_name":132,"show_sort_weight":131,"slug":133},10,"Lifestyle","lifestyle",{"id":135,"doc_module":4,"doc_module_name":46,"category_name":136,"show_sort_weight":105,"slug":137},19,"General","general"]