Pros
GEICO has a great working atmosphere. The best reasons for working at GEICO are the people. Most of the associates at GEICO are proud to be there, and it is also nice to work for such a recognizable company. Profit sharing is also another big reason people would want to consider working for GEICO as when there is a good year, management thoroughly rewards all the employees. There have been years with profit sharing exceeding 25% recently. Again though, the best reason to work for GEICO is your fellow associates. There is a positive team-spirit that permeates the whole organization.
Cons
The main downsides of GEICO are that you may not get paid as well as you might at a other companies in the insurance industry. If you're lucky enough to be at GEICO for a good year, the profit sharing is likely more than enough to make up for the difference, but unfortunately, many of the factors going into the profit sharing decision at year's end are out of a large chunk of the associates' hands. In addition, if you are in the corporate headquarters in DC, you are going to be in a building that is quite old and has lots of problems. Also, some departments have high amounts of turnover, and this can lead to a lack of consistency at times in these departments.