Motion is not Progress - Anonymous employee GIC Employee Review

1.0
Sep 7, 2018
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Well stocked pantry Modernised offices (though open plan) New policies on sick leave and courses are appreciated There are folks who care deeply about the founding principles of the firm, to safeguard Singapore’s reserves.

Cons

The below points are for corporate services. C-suite and MDs unwilling or unable to address ground concerns on how many major organization changes (people, policy, finance, tech) are hastily/ poorly executed despite the good intents behind those initiatives. Grownswell of discontent and frustration is left unmanaged/ unacknowledged. A facade of normalcy reigns during the multiple opportunities to do so. Despite many visible senior hires over the past year (including a C suite), tech strategy and roadmap has yet to be communicated and shared. The last roadmap was three/ four years ago during a major digital push, and appears to have lost much of its steam. A lot of projects have artificially inflated business value and are positioned as “strategic”, despite a recent push towards cost rigour. No central project planning processes at the enterprise level, which leaves senior managers a lot of creativity in justifying projects and in turn, their continued existence. Often, dissenting opinions are shutdown even before being surfaced to decision makers. For majority of the tech developers starting out in their careers, expect limited technical growth due to lean staff strength and lack of technical coaching. The firm has yet to take a firm stance on insourcing/ outsourcing developers. Teams largely work in silos, so there is not a lot of opportunity to cross cultivate and learn tech skills.

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5.0
Jun 7, 2026
Recommend
CEO approval
Business Outlook

Pros

Great company to work for. They pay above fairly, people are friendly and benefits / employee life - work balance is amazing.

Cons

No cons.No cons. no Cons.

1.0
Jul 6, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good vision, good talent (under bad management), market rate compensation

Cons

​Incompetent Leadership: Constant, chaotic reorganizations driven by new senior leads looking for short-term wins rather than sustainable engineering. ​Tone-Deaf Management: Townhalls are heavily curated to ignore genuine feedback regarding burnout and management debt. ​The "Silent Layoff" Strategy: Mass PIPs and aggressive performance grading are being used to quietly trim headcount, destroying team morale. ​Inefficient Ecosystem: Paralyzing security and risk processes block execution at every turn, while engineering teams are expected to run at 200%+ capacity. ​Inefficient HR: A heavy layer of senior HR personnel who offer zero practical guidance, zero empathy, and zero worker protection.

9
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