Bank cites 'scarce skills premium' while staff allege double standards
Fri, Oct 03, 2014 - 5:50 AM
Mr Badre: An internal World Bank blog said the CFO, who has pushed much of the cost-cutting, received the bonus in 'recognition of his skills'.
THE STRAITS TIMES FILE PHOTO
[WASHINGTON] A US$94,000 bonus for the World Bank's finance chief, disclosed in an internal blog, is drawing criticism from staff who are questioning it amid planned layoffs and budget cuts at the bank.
Bertrand Badre, the chief financial officer, who has pushed much of the cost-cutting,...