GIC reviews

3.0

39% would recommend to a friend

(37 total reviews)
avatar

Lim Chow Kiat

58% approve of CEO

28% positive business outlook

Reviews by job title

37 reviews

Reviews about "Compensation"

Return to all 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.

2.0
Oct 7, 2018

Internal policies are contradictory

Recommend
CEO approval
Business Outlook

Pros

1. Good compensation package. 2. Good office location 3. Good benefits

Cons

1. Flight risks rewarded with promotions. 2. Open concept office adopted indiscriminately. Certain functions are not suited to work in such environments. 3. Departments made to charge each other and earn income from each other, but yet told to collaborate. 4. Innovation for the sake of innovation due to pressure to innovate.

1.0
Oct 2, 2018

Time for Change

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Great Pay - Great Location - Great Benefits

Cons

- Beginning to sound cliché by now, but the environment & culture is highly toxic, political, and unworthy of mention. Truly a shame that the environment in a company of GIC’s stature has degenerated to its current woeful state. The person sitting in HR who has been tasked to progress people/culture has clearly been regressing and more alarmingly, seems clueless on how to move things forward. - Many of the Senior Managers/MDs in CS seem more attune to serving their own personal agendas and needs as opposed to doing what’s right for the organisation. The new norm seems to revolve around rolling out fluffy, seemingly ground-breaking initiatives in an effort to make themselves look good, but which when dug deeper , is of zero-value add & does not make the team or the Organization any more productive.

Viewing 19 - 21 of 37 Reviews

Glassdoor has 843 GIC reviews submitted anonymously by GIC employees. Read employee reviews and ratings on Glassdoor to decide if GIC is right for you.