There are newer employer reviews for GEICO
There are newer employer reviews for GEICO

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Young person @ old school company

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Systems Engineer in Chevy Chase, MD
Current Employee - Systems Engineer in Chevy Chase, MD
Doesn't Recommend
Disapproves of CEO

Pros

- Profit Sharing (Each year...we calculate rate of growth and its distributed as an annual bonus to your 401K as well as a cash payout. The average is around 20%. Take your salary...take 20% or whatever the magic number is...and thats the bonus. The first 10% goes into your 401K...the rest comes to you (after Uncle Sam) in a check) - Job Stability...people will always need insurance. GEICO never lays people off...you may get fired though :-).

Cons

- Old fashioned (We're one of those companies that doesn't change things since this is the way things have always been done) - Aesthetically challenged (We have had issues with rodents due to construction taking place nearby)

Advice to Management

- Allow telecommuting - Allow Alternative Work Schedule With high gas prices...it's either raise salaries or allow alternative methods to work (for people whose jobs can be flexible/performed from home).

Other Employee Reviews for GEICO

  1. Geico is pretty good place to work

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Data Analyst in Bethesda, MD
    Current Employee - Data Analyst in Bethesda, MD
    Recommends
    No opinion of CEO

    Pros

    Stable employment, good growth opportunities, profit sharing almost always guarantees 10% 401k contribution

    Cons

    Profit sharing cash payments dependent on 8% growth in policy holder base. Upper management opportunities require rotations to at least 1 field office. Limited IT career positions, upper management positions also require experience working in a non-IT position.

    Advice to Management

    Making decisions based on data is a good idea, keep it up.


  2. Geico is a great place to work!

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Supervisor in Fredericksburg, VA
    Current Employee - Supervisor in Fredericksburg, VA
    Recommends
    Approves of CEO

    Pros

    Excellent promotion oppertunities. Owned by Warren Buffet, so it will have a great future. Most co-workers are a pleasure to work with. Close to home. Down to earth supervisors and MOST are easy to get alone with.

    Cons

    Very fast pace, constant change which really fustrates the associates on the front lines. (call center) If you are in the call center it is very hard to get time off. You usally can not take time off at the last minute. Due to Geico needs a certain amount of adjusters on the phone at any given time. You really have to pre-plan your time off. You also have to work every other weekend.

    Advice to Management

    Continue to listen to your employees when they voice their opinions. Compair Region 5's salary to the cost of living. Exspecially with the RISING gas prices.


There are newer employer reviews for GEICO
There are newer employer reviews for GEICO

See Most Recent

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