GEICO Reviews

Updated March 27, 2015
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58 Employee Reviews

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  1. 1 person found this helpful

    GEICO is a nice place to work, depending on the job you're doing

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

    I have been working at GEICO full-time

    Pros

    - As long as you aren't in a call center, GEICO has a fun culture full of nice people.
    - The health benefits are pretty nice.
    - Profit sharing is Good

    Cons

    - Lower pay than comparable positions at other companies
    - Lots of people that hide in the cracks of the corporate structure that don't really contribute.
    - Sometimes the left hand of GEICO does something that is in direct conflict with what the right hand is doing.

    Advice to ManagementAdvice

    - Pay your employees more. Not only will this keep top talent, it'll also allow them to live much closer to HQ and improve moral.

    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful

    Good company to start a career

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

    I have been working at GEICO full-time (more than 5 years)

    Pros

    The company has a good program to educate the employees. There are a lot of classes offered for the employees online.

    Cons

    Company is slow to change

    Advice to ManagementAdvice

    Develop the talent you already have in the company.

    Approves of CEO
  3. Great place to work

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

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

    Pros

    Great place to work. Good people. No micromanagement. Decent parties. Very friendly environment.

    Cons

    Better pay needed atleast for me

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 1 person found this helpful

    Stable company with good benefits

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

    I have been working at GEICO full-time (more than 8 years)

    Pros

    Stable company; Good benefits; Profit Sharing; Advancement opportunities; High ethical standards; Employee friendly company

    Cons

    Upper management seems out of touch with the nuts and bolts of IT management and sometimes makes decisions that reflect that lack of knowledge.

    Advice to ManagementAdvice

    Get input from IT managers before making strategic decisions.

    Recommends
    Positive Outlook
    Approves of CEO
  6. 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
  7. Provides good opportunity but old school policies are frustrating

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

    I have been working at GEICO full-time (more than 5 years)

    Pros

    - Get a lot of opportunity and responsibility really quickly
    - Working in Corporate HQ provides excellent visibility
    - Extremely stable

    Cons

    - Archaic policies
    - Below standard salaries

    Recommends
    Positive Outlook
    Approves of CEO
  8. A stable company with some management quirks. Upward mobility is almost limitless; if you work hard you will do well.

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

    I have been working at GEICO full-time (more than 10 years)

    Pros

    Upward mobility - almost every position is posted internally first
    Benefits - Excellent health plans (but vision coverage is lacking)
    Profit Sharing
    Solid Financial Stability

    Cons

    Some policies are outdated -- no real telecommute policy, many things are micromanaged too far (expense reports being rejected because you do not have a receipt for coin operated laundry is silly).

    Advice to ManagementAdvice

    Put more effort into respect for all associates, and IT related initiatives need more attention to remain competitive (a lot of the IT directors were the same IT directors 10 years ago -- look to rotate some of these responsibilities, and not just between the same directors).
    C-Level management is top notch at GEICO, but some of the directors are not nearly as effective.

    Recommends
    Positive Outlook
    Approves of CEO
  9. Great stability, but do a lot more with a lot less

    • Comp & Benefits
    • Work/Life Balance
    • Career Opportunities
    Current Employee - Manager in Chevy Chase, MD
    Current Employee - Manager in Chevy Chase, MD

    I have been working at GEICO full-time (more than 8 years)

    Pros

    Excellent stability; even through a bad economy, geico continues growth and is able to provide profit sharing to its employees
    Good place to start careers; young college grads are trained and offered additional education to help develop them into more knowledgable employees.
    Geico is embracing technology.

    Cons

    Old meets new; many people stay for a long time and hesitant to change, making it frustrating for younger workers.
    Salary; salaries are low in comparison to other industries.
    Environment; building and furniture are very old and outdated.
    Work location; no work from home or hotelling accommodations.
    Staffing; people make the company, but it is too difficult to get the staff you need to perform well in staff departments.
    Rewards for hard work; annual merit raises are too limited, making it difficult to adequately reward your staff for their tireless effort.

    Advice to ManagementAdvice

    Update your management policies to allow work from home programs. Try to better understand the resource needs of staff departments better. Upper management places the emphasis on insurance staff and doesn't seem to respect the essential needs of staff departments. People are getting very burned out and will leave when the economy picks up.

  10. Great place to work

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

    I worked at GEICO full-time

    Pros

    -Successful company - strong financial backing
    -Drive for results - set high goals and work hard to meet them
    -Good work/ life balance - occasional overtime, but not excessive and rarely required
    -Very tight knit community - lots of ways to get involved/ meet people, charity functions, help to succeed at work

    Cons

    -Some inflexible policies - there are no options for alternative work schedules like working long days and having Fridays off nor working remotely. However, you can set your own hours as long as you're in the office for core hours and any required meetings.

    Recommends
    Approves of CEO
  11. 1 person found this helpful

    Analyst's Review of GEICO

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

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

    Pros

    Very fun people to be around. Relaxed environment. Stable company. Amazing experience if work in marketing/product management. Profit sharing. Good health benefits. Extremely scrappy culture.

    Cons

    Pretty low pay- even with profit sharing. Whatever they offer you will be below what you expect if you're degreed. If you work on the phones then you will probably hate your job. Requirements to move up/get promoted are very unclear. I think this is purposefully done to keep expenses down but I can't prove it.

    Advice to ManagementAdvice

    Clearly, you all are doing a stellar job. Some people love the company. Some people hate it. Most like it. I liked it and I learned how to kick butt in business from watching GEICO take other companies' policyholders.

    Recommends
    Positive Outlook
    Approves of CEO

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