GEICO reviews

2.7

24% would recommend to a friend

(4,477 total reviews)
avatar

Nancy L. Pierce

46% approve of CEO

24% positive business outlook

Reviews by job title

4K reviews

Reviews about "Compensation"

Return to all reviews
2.0
Mar 30, 2024

Geico Tech , just say no

Recommend
CEO approval
Business Outlook

Pros

Brand recognition, decent salary and benefits.

Cons

Toxic culture, frequent lay off and leaders are using the company as a stepping stone

1.0
Mar 28, 2024
Recommend
CEO approval
Business Outlook

Pros

- High salary - Executive bonus

Cons

Geico is a complete dumpster fire of a company. Ever since Todd Combs took there has been a constant turnover in executives and corporate priorities. The massive layoffs in 2022 and 2023 killed what was once a good culture. Those employees that remained are apprehensive of new leadership and will doing anything in their power to undermine any sort of transformation. I had a junior team member come into my office after one week to tell me how bad the culture is. Legacy processes and systems continue to stifle growth but the business cannot figure out a way forward as they keep changing leadership. During my tenure I saw multiple projects get started only to spend millions of dollars before killing them as another executive came into power. This has driven morale to a complete bottom; you could hear a pin drop at our Christmas party as no one trusts each other. The high salary is not worth the utter misery of working there. You will likely just get let go after a few months as your new executive will bring in their own team.

1.0
Mar 28, 2024
Recommend
CEO approval
Business Outlook

Pros

4 years ago, I would have given this company 4 stars or more. There aren’t any pros left.

Cons

*They have implemented stack ranking without telling us how we are being ranked and refuse to put any of it in writing. - Every quarter, 10% will be put on a coaching plan and given 45d to complete it or else termination will occur. If you end up in the bottom 10% again, automatic termination. * Below-market compensation. * Benefits continue to be taken away or replaced with lower-quality ones. * Raises are lower than before, even for high performers. * Lower management forced to pick employees to be rated a 1 or 2 (out of 5) even if everyone was higher than a 2. I am a top-performer and am not on any corrective action. This company is being ran into the ground.

Viewing 718 - 720 of 4,477 Reviews

Glassdoor has 13,286 GEICO reviews submitted anonymously by GEICO employees. Read employee reviews and ratings on Glassdoor to decide if GEICO is right for you.