GEICO

  www.geico.com
  www.geico.com

GEICO Reviews in Chevy Chase, MD

Updated December 12, 2014
Updated December 12, 2014
915 Reviews
3.0
915 Reviews
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GEICO Chairman and CEO Olza (Tony) Nicely
Olza (Tony) Nicely
633 Ratings

Review Highlights

Pros
  • the company offers a profit sharing plan which is the main driver to employee retention (in 203 reviews)

  • Great benefits that start on day 75 (medical/dental/vision/life) (in 103 reviews)


Cons
  • When originally hired shift made for difficult work life balance (in 26 reviews)

  • If "Be the low-cost provider" is improperly administered it could become "penny wise and pound foolish" (in 25 reviews)

More Highlights

55 Employee Reviews Back to all reviews

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  1.  

    Good to gain experience, but not great to stick around.

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

    I worked at GEICO

    Pros

    1. Less stressful job.
    2. Good Benefits.
    3. Stable job.
    4. Good verbal recognition.

    Cons

    1. Poor compensation package.
    2. Minimal hikes how much ever hard work a person puts in.
    3. Talent is neither recongized nor rewarded.
    4. You are promoted only if you suckup to your boss's as*
    5. Very slow environment and outdated technologies.
    6. Associates are treated as crap, you see rats in Cafeteria and Bathrooms smell horrible.
    7. Upper management is bothered only about Customers, not associates.

    Advice to ManagementAdvice

    Change everything, right from Infrastructure to Technologies to people.

    Recommends
    Approves of CEO
  2.  

    Not bad

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

    I have been working at GEICO

    Pros

    great family atmosphere, good talent, great benefits, good for you if you are laid back

    Cons

    underpaid for the amount of work

    Advice to ManagementAdvice

    revisit your promoting and salary increase methods

    Recommends
    Approves of CEO
  3. 2 people found this helpful  

    Good stable place but slow and middle management is the worst

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

    I have been working at GEICO

    Pros

    Senior management is great. A lot of smart people who have worked their way up the ranks. Good culture of supporting people's career development. People who started on the phone are now in high leadership positions. Supportive environment. Not a lot of egos. Everyone is pretty down to earth. Well-run, stable company where you don't worry about layoffs

    Cons

    LOT of dead wood. People tend to stay at GEICO forever and promotions are too reliant on tenure so it is very difficult to move up. Smart young people make lateral moves or leave. IT middle management is the worst. They have a stranglehold on everything and make it difficult for other departments to do anything. Lots of "ownership" issues and lack of communication. Good company. It's unfortunate that good, energetic people have nowhere to go but out because people sit at their desks until retirement.

    Advice to ManagementAdvice

    Rely more on merit than tenure. Recognize the value of an outside perspective. Put more resources behind innovation.

    Approves of CEO
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  5.  

    Eh

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

    I have been working at GEICO

    Pros

    fairly easy overall; people are nice on the whole; a good place to fall asleep and or have babies; not too much overtime

    Cons

    there's only social pressure to do work; no one gets fired; expectations are unrealistic for non definitive positions (anything beyond call centers), htere's no real punishment when you don't meet those expectations; poor communication and very little freedom; underinvestment in technology and employees

    Advice to ManagementAdvice

    invest more in technology and people; give up a little more control, especially at corporate headquarters; overly focused on being the low cost provider to the detriment of employees; certainly costs more in the long run

    Doesn't Recommend
    No opinion of CEO
  6. 1 person found this helpful  

    Great place to start your career

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

    I have been working at GEICO

    Pros

    If you're looking to get into the research / analyst field GEICO is a great place to start. They hire entry level people, give good initial training, and if you're good you will move up quickly.

    Cons

    Beyond the first 3 to 4 years the room to move up is limited, especially if you don't have a desire to move into management. There is no career path for analytical work and after those initial years if you're good you'll know as much as you're going to learn there at GEICO, plus once you have the experience to allow you to get a job elsewhere the salary becomes very uncompetitive.

    Advice to ManagementAdvice

    Think ahead, stop trying to solve growth for the end of the year and plan for a long term future. Put more value in your analytical employees, if you could keep anyone beyond 5 years you'd be in a much better place.

    No opinion of CEO
  7.  

    Decent Place to Work - I Would Recommend

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

    I have been working at GEICO

    Pros

    An enjoyable place to work, the people are intelligent and engaging. Definitely a team atmosphere and they properly train you to do your job. You are given a lot of responsibility and it feels good to see your proposals flow through to the bottom line of one of Warren Buffet's favorite companies.

    Cons

    The building amenities leave a lot to be desired. Definitely not a deal breaker, but we could definitely use an upgrade. Especially after seeing our offices in other parts of the country.

    Advice to ManagementAdvice

    Continue doing exactly what you are doing now. The entire management team from Tony to Bob Miller to Don Lyons regularly impresses me on a consistent basis.

    Recommends
    Approves of CEO
  8.  

    It has its ups and downs.

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

    I have been working at GEICO

    Pros

    -People are generally easy to get along with, making for a fairly relaxed and enjoyable work environment.
    -Work hours are consistent and not demanding
    -Relatively large and successful company, allowing for opportunities to learn from other departments if you take the initiative.

    Cons

    -Career paths can be difficult to discern.
    -Not always clear how to make valuable contributions beyond your job description.
    -Turnover can be slow, restricting upward mobility.

    Advice to ManagementAdvice

    Overall the company is doing well, so it's hard to fault management. However, if management does have an employee they particularly want to hang onto, it's worth realizing that the employee isn't going to want to stay in their position forever. The next best thing is to keep them within the company, and to do that requires making clear to the employee how they can progress in their career.

    No opinion of CEO
  9.  

    It's what you make of it & can be quite rewarding.

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

    I have been working at GEICO

    Pros

    - Benefits package is solid.
    - People are nice and there's a sense of team.
    - The company is very supportive both of associates and in our local communities. You can do your job, but also get involved in lots of other activities (volunteering, sports, cultural events.)
    - There is a lot of work to do ... so I never feel bored. My days go by rather quickly.
    - Great brand recognition.
    - Ethical company; part of Warren Buffett's Berkshire Hathaway.

    Cons

    - There are lots of policies and procedures, and specific ways of doing your job which can seem rather inflexible.

    Advice to ManagementAdvice

    Rethink the "core business course requirements" - there are lots of people with four year, liberal arts degrees, that love the company, who could make great supervisors or managers.

    Recommends
    Approves of CEO
  10.  

    Pros and Cons

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

    I have been working at GEICO

    Pros

    Job security - you have piece of mind that your job is secure
    Profit sharing - large bonus at the end of the year if company meets its goals (though salaries are lower)
    Culture - company supports good causes and I work with good people

    Cons

    Lack of promotional opportunities - I work in a very technical field so there are not many places for me to go in the company, but where I am there is no upward mobility.
    Potential burnout - employees have a very high workload

    Advice to ManagementAdvice

    If employees are going to be worked hard, pay them like it.

    No opinion of CEO
  11.  

    Good first job

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

    I have been working at GEICO

    Pros

    It's a good job to get your foot in the door, the profit sharing plan is generous, management makes good decisions as far as investing wisely and turning a profit when many other companies aren't.

    Cons

    Promotions appear to be based much more on tenure than merit. I've been told for several years how high I'm ranked in the department, but keep getting put off for a promotion. The compensation doesn't keep up throughout the years, management can be shady about communicating changes and their motives.

    Advice to ManagementAdvice

    Some of the smartest young employees tend to be underutilized, overlooked, and they will lose a lot of good people if they don't show financial and managerial support to these people who could be the future management.

    Doesn't Recommend
    No opinion of CEO

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