GIC (Government of Singapore Investment Corporation)

Honestly, I’ll tell you that a lot of the quoted salaries here are very very inflated. Unless they include the bonus component into their monthly calculations; which is unlikely.

My advice is to get in, and seek a decent 15-20% increment on last drawn.
Honestly, no company entertains a 199999% increment unless you are an investment superstar.

Originally Posted by Unregistered

Honestly, I’ll tell you that a lot of the quoted salaries here are very very inflated. Unless they include the bonus component into their monthly calculations; which is unlikely.

My advice is to get in, and seek a decent 15-20% increment on last drawn.
Honestly, no company entertains a 199999% increment unless you are an investment superstar.

Agree. And one who works in the company would know. Bonuses are good but performance-based even for scholars.

Only truth mentioned in other posts is that there is a difference between Investment and Non-Investment payscales.

Originally Posted by Unregistered

I think GIC has a pretty good life balance for back office roles. This is my own perception haha maybe someone inside can give a better view.

It is true that life balance is decent if you want to coast.
But the company is pretty transparent and sharp at recognising effort and output. You may just have to give up better bonuses in-lieu.

But coast does not mean shirk work/become sloppy.

Having said that, you might find that those who want to coast are few and far between because of the reasons mentioned above.

Originally Posted by Unregistered

It is true that life balance is decent if you want to coast.
But the company is pretty transparent and sharp at recognising effort and output. You may just have to give up better bonuses in-lieu.

But coast does not mean shirk work/become sloppy.

Having said that, you might find that those who want to coast are few and far between because of the reasons mentioned above.

I see! Have you been with them before? Not saying I want a chill life haha but I guess having a family requires me to think of that work life balance. Wanted to know if the hours are bad and is it very stressful or competitive inside there?

Originally Posted by Unregistered

I see! Have you been with them before? Not saying I want a chill life haha but I guess having a family requires me to think of that work life balance. Wanted to know if the hours are bad and is it very stressful or competitive inside there?

Perhaps you want to be more specific about the department or division or more importantly the function. Even public and private differ.

Originally Posted by Unregistered

Perhaps you want to be more specific about the department or division or more importantly the function. Even public and private differ.

I was being offered investment support for private markets! Based on your experience was it tough to maintain family and work!

Originally Posted by Unregistered

I was being offered investment support for private markets! Based on your experience was it tough to maintain family and work!

Was not so tough for me because the work was extremely interesting and novel - but then I was in public markets as an investment professional. Usually a maximum 15h work day due to market times. But never had to work weekends.

Private might be more hectic, especially if you support PE because that is the nature of PE Deals. Infrastructure and Real Estate probably less so.

Originally Posted by Unregistered

Was not so tough for me because the work was extremely interesting and novel - but then I was in public markets as an investment professional. Usually a maximum 15h work day due to market times. But never had to work weekends.

Private might be more hectic, especially if you support PE because that is the nature of PE Deals. Infrastructure and Real Estate probably less so.

Thanks so much! Appreciate it! I see, normally what are your hours on a normal day, is it constantly more than 12?! Can I ask why private is more busy as well? Seems like their portfolio heavier on public so wanted to know why. Thanks a lot!

Originally Posted by Unregistered

Thanks so much! Appreciate it! I see, normally what are your hours on a normal day, is it constantly more than 12?! Can I ask why private is more busy as well? Seems like their portfolio heavier on public so wanted to know why. Thanks a lot!

Nobody makes you stay more than the usual number of hours - and people do go off on time. But there are many who want to stay because of the interesting work.

Interesting that you would ask that. Private deals need to be structured, and data is often limited - which means you have to work that extra hard for valuation/risk/leverage/strategy decisions.

Public is definitely higher in volume, but public-side products are either exchange/OTC, and data is freely and readily available for all insti market participants. Public ops teams are busy, but there will hardly be any structuring like in private.

Let me put it this way: you'll think and research more about PC parts when buying and assembling your own PC; as compared to just buying a ready-made from Dell

just curious, once someone gets into the GPP is there any chance of not completing the prog? like is there an assesment etc? or is it sort of guaranteed to get through after the 9mth training? Thanks