Compensation

Appointment Salary

The IIC typically sets appointment salaries for all positions at the minimum for the corresponding pay grade, taking into account the current rates of pay for employees in similar positions within the IIC and on the market.

Salary Increases

Salary increases can result from:

• Salary review
• Promotions to higher grades
• Efforts to maintain internal equity
• Salary adjustments

Bonuses

Are non-pensionable, single, lump-sum payments made on a one-time basis.

Benefits

The following summary of employee benefits is provided for information purposes only.

Leave

• Annual Leave
• Sick Leave
• Personal Leave
• Special Leave
• Official Holidays

Mission Travel

IIC employees are granted five days of special leave plus a lump-sum benefit of US$1,100 for each 200 days of official travel.

Dependants Allowance

$1,632 per year for dependent spouse; $984 per year for each dependent child; $672 per year for dependent parent.

Education Allowance 

Financial assistance designed to help expatriate employees defray education costs for eligible dependent children.

Home Country Travel

Designed to help expatriate staff maintain family, social, professional, and cultural ties with their home countries. Pays for the cost of economy-class airfare for the staff member, his or her spouse, and eligible dependents to their home country every two years.

Insurance

Health - Preferred provider network; includes hospitalization, surgical, medical, laboratory, dental, and prescription coverage.

Disability - long term disability benefits after 6 months of continuous disability.

Life  - Basic life insurance: up to 1.5 times the base salary; optional supplemental life insurance (up to 3 times the base salary).

Staff Retirement Plan

Defined benefit program; participation is mandatory; employee contributes 10% of basic salary; vesting after three years of continuous service.

Appointment Travel

The objective of this benefit is to assist eligible staff members with relocations when, due to the requirements of the Corporation, they must establish residence at a post of duty different from the residence at time of hire or change of assignment.

Repatriation Travel

The objective of this benefit is to assist eligible staff members with relocation or other resettlement plans upon termination of service with the IIC when establishing residence outside their post of duty.