Working at Temasek Holdings Singapore: Company Culture, Benefits, and Leadership
Temasek, a global investment firm under Singaporean government ownership, manages a portfolio of US$287 billion as of 2023. With a diverse team of 900 individuals from 33 nationalities across 13 offices, Temasek is dedicated to creating a positive impact through a culture of personal responsibility. For a brief overview of Temasek Holdings Singapore, Aniday covers essential aspects like Company History, Culture, Benefits, and Leadership.
General Information
Owned by the Singaporean government, Temasek is a global investment firm boasting a 2023 portfolio of US$287 billion. Since its establishment in 1974, the firm has expanded its operations to nine countries, concentrating on strategic investments in areas such as Digitisation, Sustainable Living, Future of Consumption, and Longer Lifespans.
Their diverse team, comprised of over 900 individuals from 33 different nationalities, operates across 13 offices in nine countries, united in collaborative efforts and investments for a more promising future.
Company History
On June 25, 1974, Temasek was established under the Singapore Companies Act to oversee assets previously directly held by the Singapore government. Named after an early island settlement, Temasek aimed to commercially own and manage these investments, enabling the Ministries of Finance and Trade and Industry to concentrate on policymaking.
In 2002, Temasek underwent a restructuring, transitioning from a government agency to a commercially-operated investment company.
In 2004, Temasek initiated its inaugural foreign direct investment by acquiring a share in Shin Corporation, a Thai telecommunications firm.
As of October 1, 2021, Dilhan Pillay Sandrasegara assumed the role of CEO at Temasek Holdings, succeeding Ho Ching.
Subsidiaries
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DBS Bank
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Singapore Airlines
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CapitaLand
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ST Engineering
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SP Group
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Singtel
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Mediacorp
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PSA International
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Pavilion Energy
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Certis Group
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SMRT Corporation
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Surbana Jurong
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Vertex Holdings
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Alvogen
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ST Telemedia
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Constellar Group
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Mandai Park Holdings
Company Culture
At Temasek, dedication to a positive impact in their work and the global community is evident. They empower their team to make a meaningful difference through a culture of personal responsibility, caring for themselves, their families, their institution, and the broader community. Guided by the MERITT values and the Temasek Charter, they are committed to doing well, doing right, and doing good as active investors, forward-looking institutions, and trusted stewards.
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Self: Individuals are encouraged to transform for relevance and impact, as well as prioritize personal wellness through career development programs at Temasek.
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Family: Their family-friendly initiatives support staff in achieving both their career and personal aspirations.
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Institution: As OneTemasek, they unite, continuously enhancing their capabilities and fortifying themselves as an agile and high-performing organization.
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Community: They, as active volunteers, contribute both individually and collectively as a firm, embracing a stewardship perspective that looks across generations and invests with tomorrow in mind.
Career at Temasek
They provide diverse career opportunities for individuals with varied skills, backgrounds, and cultures. Whether starting or shifting careers, those who share a passion for impact are encouraged to join the Temasek family. The company is committed to supporting personal development and making a positive difference in the community.
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Their Approach: Emphasizing a high-performing environment and alignment with MERITT Values, Temasek values both achievements and the manner in which they are accomplished.
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Talent Development: Temasek places strong emphasis on talent development through their '4Es' framework, focusing on Experience, Exposure, Education, and Enrichment. This includes opportunities for job rotations, overseas assignments, and more.
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Compensation Philosophy: Anchored in an ownership ethos, Temasek's compensation framework prioritizes the institution, promoting a culture where employees act as owners with a sense of intergenerational duty. Balancing short-term performance with long-term value creation, they share gains and pains with shareholders, incorporating deferred incentives and clawbacks.
Employee Benefits
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Competitive salary
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Retirement Savings
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Paid Sick Leave
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Life Insurance/Disability
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Paid Holidays / Vacation
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Career development and personal wellness programs.
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Family-friendly initiatives help staff to achieve their career and personal aspirations.
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Support employees well-being through classes such as meditation, fitness programs and stress management classes.
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Parental and family planning benefits.
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Paid vacation and time off.
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Flexible work arrangements.
Company Leadership
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Ho Ching - CEO / President: From 2004 to 2021, Ho Ching served as the CEO of Temasek, contributing to the growth of its portfolio to over $313 billion. Ho Ching is highly esteemed by employees for the perks and benefits offered by Temasek, according to employee feedback. Under Ho's leadership, Temasek employees express the greatest satisfaction with perks and benefits, as well as professional development opportunities. However, Ho received a slightly below-average rating for the working environment.
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Bobby CHIN YC - Director: has been a Director since June 2014 and is a Member of the Council of Presidential Advisers. Additionally, he serves as the Chairman of the Housing and Development Board and NTUC Fairprice Co-operative Ltd.
Conclusion
Temasek, a global investment firm owned by the Singaporean government, operates with a 2023 portfolio of US$287 billion. With a diverse team of over 900 individuals from 33 nationalities across 13 offices, Temasek is committed to making a positive impact through a culture of personal responsibility. Aniday has provided a brief overview of Temasek Holdings Singapore, highlighting Company History, Culture, Benefits, and Leadership.
