GIC reviews

There are some pain points in certain parts of the organisation right now, and it’s disappointing that the leaders does not see or empathise with the level of severity of the issues.

Where do you even start? The negative reviews here are 100% real. The only fake ones are the 5 star "perfect dreamy" reviews, which is maybe HR desperately trying to inflate the score. Is HR really that incompetent? Absolutely. Their main function is protecting upper management, covering up blatant favoritism, and ignoring the actual workforce. They have like 100 people and outsource payroll, yet they can't even manage basic internal projections or track their own workforce metrics without relying on other departments to do the actual data work for them. The rest of the organization is stuck doing the analytical heavy lifting for them just to keep basic planning moving. It’s absurd that a massive HR department has to be carried by external teams on top of everyone else's core responsibilities. GIC loves to hire externally and preach about diversity, but they can't execute. Anyone who refuses to be a "yes man" or conform to their toxic practices is immediately labeled as "not a cultural fit." This used to be a solid workplace years ago, but it has completely rotted. If you aren't a favorite and don't have a political "godfather" backing you, you have to watch your back constantly because they are just waiting for you to slip up. The financial performance is just as bad. Year after year, returns decline. Management claims the target is just maintaining purchasing power, but they are stuck living in the past. If you calculate real returns using 20 years long term inflation data (1+%), the math is embarrassing. The average person on the street could get better yields from simple retail bank products or mutual funds. The markets hit new highs every year, yet GIC constantly finds new lows. Other sovereign wealth funds are delivering fantastic results with less than half the headcount. Meanwhile, GIC employs thousands of supposedly top notch people and consistently underperforms. This is Singapore’s future they are mismanaging.