GEICO Reviews
Updated Feb 9, 2012 – Reviews are posted anonymously by employees.
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Company Rating Based on 257 ratings Employees say it's "OK" |
CEO Rating
Based on 183 ratings
Chairman, President, and CEO |
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Pros
The base salary is average but with the profit sharing it's more than most carriers are paying. It is a stable growing company so we don't need to worry that it will go out business. There are a lot of different careers available within the company if you like being challenged. If you are in your 20's, it is a good place to work as they have been replacing tenured supervisors with younger ones over the last several months.
Cons
The current PIP management team is very quick to punish dissenters, ie anyone won dares question their questionable practices. People that do ask questions are summarily pushed into taking a demotion or leaving the company altogether. It is not a good place to work if you are over 40, as they appear to comprise the majority. If not all the terminations.
Advice to Senior Management
I believe that in order for a company to continue to thrive, it must be open to different ideas and viewpoints. Unfortunately, pride and power sometimes cloud the mind and make people do things they shouldn't be doing.
Pros
Training
Pay
Advancement opportunity if willing to move.
Best Medical Insurance
Cons
They expect more from you than is possible. you can never satisfy them with the number of claims you close. They are focused strictly on the numbers. You must write all estimate low and cheat the customer to satisfy management. They expect you to work 50 + hours a week for 40 hrs pay.
Advice to Senior Management
Watch "Undercover Boss" and go out to the field and try to write an estiamte they way you require it. Good luck with that!!
Pros
GEICO pays their employees very well for the industry and locations they are in. They provide decent benefits and a profit sharing program for eligible employees. The work is rewarding but very high stress.
Cons
Management is extremely demanding and can be out of touch with the actual work being done on the floor. With the pressures of the job and management's disregard for work/life balance it can be difficult to handle the job at times.
Pros
Pay, Benefits, Generally not difficult work
Cons
Lack of communication from Management, Lack of concern of the opinions of employees towards job duties, mentally draining
Advice to Senior Management
Don't micro-manage so much, and communicate more effectively with employees
Pros
Good Pay, Good Benefits and the Flexible Schedules are available. Great training program for licensing and generally good feedback from supervisors.
Cons
Stressful Jobs, Continuous Call Center Calls, Unrealistic Expectations. Management will constantly change the goal post with regard to the bonus structure
Pros
Steady work. Job security. Nearly impossible to get fired.
Cons
Favoritism. Work not equally distributed.
Pros
benefits, company car ( you pay a little ), I have a great supervisor.
Cons
30 -40 assignments to carry over every day and answer your phone every time it rings??????? They must be kidding. We are now rolling 1800AUTO in the car, who also have to write estimates when we have time. Do rentals( yes GEICO closed rental support unit and passed it on to auto damage field adjustres). At the same time they want perfect 10 from every claim. No kidding, when I started I thought I will retire with this company, now I am looking for change. May be it's only South Florida, but it is so bad now. You loose sleep, you start drinking or take madication. ADVISE- look for other companies!!!!!!!!!!!!!
Advice to Senior Management
To CEO- look at the region 6 and make some changes. We can't keep up with work load and expectations at the same time.
Pros
There is room to move around in company and the benefits and profit sharing are great.
Cons
The micro-managing is ridiculous. Management is unclear on proceedures, and you get different input from everyone.
Pros
benefits, decent pay for the area of Polk County, most all of your coworkers are nice to work with, most of the supervisors were great to work for.
Cons
Unable to get off the phones to go to the restroom unless you were on break.
micro managment of every second of everyday. Hard to get time off. and god forbid you get sick and have to miss work.
Advice to Senior Management
Dont sweat the small stuff! Make the work areas more employee friendly. For a company that generates as much income as GEICO you could dress things up a little.
Pros
Excellent profit sharing and retirement
Good vacation and other leave especially after 5 years.
Cons
No formal telecomuting of AWS program
HR policies are for call center and not for IT or other staff departments
Salary is not top.
Advice to Senior Management
Develop new approach to HR management to consider staff and call center



