GIC reviews

It used to be better for staff under older batch of management. Now increasingly directly parachuting mgmt from ex investment banks with totally different culture, less and less concern for staff that work there for more than 6 yrs. A lot of focus on visionary ideals and staff turns to focus on demonstrating themselves in extra curricular activities rather than being good in their daily work. You need to be a showcase to survive.

Job security at GIC is questionable. Like other traditional large local firms, GIC claims to offer 100% job security unless there is underperformance. However, unlike other firms that are cautious in giving low-performance ratings to maintain team stability, GIC frequently uses performance ratings as a tool for layoffs. When a manager wants to terminate an employee, that person or group is often given a low-performance rating and dismissed after three months. This approach can be harsher than retrenchment, which typically includes compensation packages and time off. At GIC, employees are often pressured to maintain productivity during the notice period, only to be dismissed without any compensation. Even top-performing staff, including those recently promoted or recognized for outstanding performance, can find themselves rated poorly within a few months if they are on the layoff list. Working hours are also demanding, particularly when the job market is weak. During non-peak times, 9-10 hour workdays are common, while peak periods can require up to 15 hours per day. I have observed colleagues setting up camps and sleeping in the office. Management has suggested that employees must choose between work and personal life, though this is emphasized more when the job market is less favorable.