GEICO

  www.geico.com
  www.geico.com
There are newer employer reviews for GEICO

1 person found this helpful  

I.H.R. (In-House Retirement) for Accountants

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Staff Accountant in Chevy Chase, MD
Current Employee - Staff Accountant in Chevy Chase, MD

I have been working at GEICO full-time (more than 3 years)

Pros

Easy workload. Decent salary. You get your own cubicle.

Cons

GEICO is a low-cost provider. The company treats EVERYTHING as a cost as opposed to an investment. People come to GEICO to gain starter experience, then jump ship quickly before they get into IHR mode. I'm about to do the same within the next year.

The Accounting department is a place for lifers who just want to come to work, sit around, and collect an easy paycheck. There is very little incentive to work harder because promotions are often based on seniority. Once promoted, people love to sit back and coast.

Advice to ManagementAdvice

RETIRE. All senior management are in their late 50s and early 60s. Tony Nicely is nearing 80. Get some younger people fast-tracked to senior management roles so that they can revamp this dinosaur of a company and attract smart, young talent.

Doesn't Recommend
Neutral Outlook
Disapproves of CEO

913 Other Employee Reviews for GEICO (View Most Recent)

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  1.  

    A conservative place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Analyst in Washington, DC
    Former Employee - Business Analyst in Washington, DC

    I worked at GEICO full-time (more than an year)

    Pros

    Great job security, almost impossible to get fired. Not a lot of long hours. Recognized brand; better location than a lot of other insurance companies.

    Cons

    Low salary; high bureaucracy; very similar to working for the government (salary structure is explicitly modeled after it with "grades"). Difficult to see advancement except through going through "the regions" or just sheer waiting.

    Advice to ManagementAdvice

    You can probably save a lot of money on consultants if you just hired competent people and paid them what they were worth.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  2. 3 people found this helpful  

    So far, so good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sales Representative in Macon, GA
    Current Employee - Sales Representative in Macon, GA

    I have been working at GEICO full-time (less than an year)

    Pros

    Excellent training, great benefits, respectful culture. They do expect a high standard from their employees, so if you're looking to skate by with minimal effort this is not the place for you. If you have good work habits and are not afraid of having standards then you could go far here.

    Cons

    None so far? Most of the complaints I hear are from very immature, fresh out of college people who have their first grown-up job. They have trouble understanding they aren't the center of the universe.

    Recommends
    Positive Outlook
    Approves of CEO
There are newer employer reviews for GEICO

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