Very Different Company Since New CEO - Manager GEICO Employee Review

2.0
Apr 24, 2023
Recommend
CEO approval
Business Outlook

Pros

The company is currently looking to hire outside hires which is very different than our historic promote from within culture.

Cons

GEICO has become a very unstable employer since its new CEO took over 3 years ago. After 40+ years of no layoffs, layoffs happen regularly. You can be hired into a department and less than 3 months later be laid off. No transparency about the state of the company and no communication on the company's direction. Right now the company is struggling to make a profit and is not growing. The associates as well as the management team are without information as to the company's direction or just how concerning our profit and growth issues are. The total reward benefits (non-salary) continue to be reduced each year. The profit sharing program was ended last year. Our health benefits continue to be reduced.

Explore other reviews about GEICO

5.0
Jul 10, 2026
Recommend
CEO approval
Business Outlook

Pros

It's a great company to work for.

Cons

I do not have any cons for this company

5.0
Jul 20, 2026
Recommend
CEO approval
Business Outlook

Pros

GEICO has provided extensive opportunities for myself and my family. All of my children have been born while I have been employed at GEICO. We have experienced highs and lows in our personal life over the last 10 years and GEICO has supported us through all of it.

Cons

GEICO is continuing to strengthen its brand and associate experience. They continue to will through opportunities to deliver a remarkable experience for associates and customers.

See reviews by: Helpful|Rating|Date|All