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Encova Insurance

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Encova Insurance reviews

3.8

73% would recommend to a friend

(24 total reviews)

TJ Obrokta Jr.

88% approve of CEO

65% positive business outlook

Reviews by job title

24 reviews

Reviews about "Compensation"

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2.0
Oct 8, 2019
Recommend
CEO approval
Business Outlook

Pros

You can wear jeans all week.

Cons

Very inadequate training. Too many managers, not enough workers. Depts don't "talk" with each other so noone knows what is going on anywhere else in the company. Bonus eligibility requirements are very unequal among divisions.

avatar
Encova Insurance Response
6y
Thank you for you review. Our goal is to provide the training each associate needs to succeed in his or her position, and we encourage associates to talk with their manager or human resources if they do not feel they have received adequate training. We are committed to every department in our organization working together as one, and are currently going through internal training with all leadership so they can better support their teams in doing this. Our gainshare program offers bonus pay of up to 12% of your annual salary based on your team’s deliverables. These deliverables are constantly refined to ensure metrics are accurate and fair across the board.
4.0
Oct 3, 2019
Recommend
CEO approval
Business Outlook

Pros

Good work environment and work-life balance. Good perks like the office closing early on Fridays and freebie giveaways.

Cons

Promotion opportunities are few and far between. No work from home opportunities unless you are a designated home-based employee. Pay is average compared to the industry.

avatar
Encova Insurance Response
6y
Thank you for your review. We are glad you enjoy the environment at Encova and appreciate some of the perks we offer our associates. At Encova, professional development is very important. We encourage you to talk with your manager about your career growth goals. Our compensation program is designed to attract, motivate and retain talented associates who drive the company’s success. We strive to provide a base salary that meets the market (50th percentile) when associates are fully proficient and meet expectations, and a base salary above the market for associates who consistently exceed expectations. In addition, we provide a well-above market companywide gainshare program (bonus pay of up to 12% of your annual salary) and a 7% dollar-for-dollar 401k match.
5.0
Oct 3, 2019
Recommend
CEO approval
Business Outlook

Pros

Encova was formerly BrickStreet Insurance and Motorists. As a mutual company they are able to take a longer term strategy, and the company treats their employees extremely well. Some examples are the full 7% match on the 401(k), a quarterly bonus for all employees that can add up to as much as 12% annually, free healthy snacks daily (in Naperville), and a great work environment that generates excellent results but also respects work/life balance.

Cons

The affiliation between the former BrickStreet and Motorists companies is still work in progress and there are separate underwriters for Workers' Compensation and Commercial Lines.

Viewing 22 - 24 of 24 Reviews

Glassdoor has 115 Encova Insurance reviews submitted anonymously by Encova Insurance employees. Read employee reviews and ratings on Glassdoor to decide if Encova Insurance is right for you.