GIC reviews

3.0

40% would recommend to a friend

(570 total reviews)
avatar

Lim Chow Kiat

59% approve of CEO

28% positive business outlook

GIC has an employee rating of 3.0 out of 5 stars, based on 570 company reviews on Glassdoor which indicates that most employees have an average working experience there. The GIC employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

570 reviews
1.0
Oct 7, 2018
Recommend
CEO approval
Business Outlook

Pros

Very good location Nice office Enough snacks & drinks at the pantry Generous training opportunities Good flexible benefits and amount of leaves

Cons

Workload. One person does a lot of work as colleagues have either left, not renewed or were replaced (errr, rather didn't bother finding a replacement). Then staffs got blamed for not having a proper time management...yeah right. Resources. Yes, teams are understaffed as people leave one after another. Go figure. Management - they only want to meet the deadlines and deliver the projects...at the expense of their staffs. Worked everyday (12++ hours) including weekends for almost a month, and several weekends later, but wasn't offered even a single off-in-lieu. Pity. Pay & appraisals. Contrary to most reviewers here, I don't really consider this to GIC's advantage...unless you haven't worked with other financial institutions or I just didn't get a good offer. Then there's also the recent changes with the compensation package that gives you a higher chance (1/3) of getting 0 bonus. Oh well. Superiority complex. I thought that there's an invisible wall when staffs at lower grade interact with those higher than them. I surely felt this when I was new. In addition, vendors are treated differently here and there is clearly a segregation. Is this a norm? Work-life balance. I mean, there's little to no work-life balance to our team. I honestly regret working at GIC. Too toxic environment. I should have taken the warning signs carefully and left earlier. Perhaps, if I did, my efforts would have been appreciated.

1.0
Sep 7, 2018

Motion is not Progress

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.

1.0
Sep 6, 2018

terrible culture. appalling behavior by Management

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

location office benefits there are some nice people... but those exposed to 2 particularly toxic departments are running out the door. onsite cafe is subsidised onsite gym easy commute access training program and school - but what they speak of is not practiced

Cons

Leadership Management Vision Culture textbook speeches that carry no weight. weak responses to questions. some CXOs treat people poorly and make sweeping statements that get swept under the rug with shallow coverups inconsistent leadership with cxos running in silos. if you land under the worst one, you can expect a terrible time if youre not a yes man multiple initiatives to manage people. no one managing weak leadership tech regression more so than tech driven

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