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MAPFRE Insurance

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Awful Compensation Philosophy/Not a Great Place To Work - Manager MAPFRE Insurance Employee Review

1.0
Jan 31, 2019
Recommend
CEO approval
Business Outlook

Pros

Auto ins discount, free coffee/tea, parking, PTO time

Cons

Compensatio is just awful and insulting. Company compensation philosophy is based on pay grid only, not on your job performance, performance reviews, etc. Promotions are same philosophy, all depends on pay grid and where you are on it, not based on your job performance...recent promotion to Manager yielded a 4% raise!! It's extremely demoralizing to employees which is why I left.

Explore other reviews about MAPFRE Insurance

5.0
Oct 7, 2024
Recommend
CEO approval
Business Outlook

Pros

Recognition culture and development opportunities create a positive working environment

Cons

Hierarchical management and corporate layers can delay decision making

2
2.0
Jun 21, 2026
Recommend
CEO approval
Business Outlook

Pros

Health benifits, profit sharing, 401k match

Cons

Everything else, terrible managment, poor leadership

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