GEICO reviews

2.7

25% would recommend to a friend

(4,473 total reviews)
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Nancy L. Pierce

50% approve of CEO

25% positive business outlook

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4K reviews

Reviews about "Compensation"

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1.0
Oct 19, 2023

what a downfall

Recommend
CEO approval
Business Outlook

Pros

None, they left when TC took over

Cons

EVERYTHING. When I first started this company was so amazing. They really cared about employees and we had so much fun in the office and as a group. Once TC took over this company went downhill so fast. Pushing MOAT on every call no matter what, micromanaging while the micromanagers are being micromanaged etc. Amazing employees quit out of frustration because it became impossible to succeed. They gutted departments, just laid off thousands of workers to not have to pay out retirements, jobs being outsourced, angry customers, insane prices. Amazing profits at the expense of the customer and employees. Employees meeting/exceeding standards get raises WELL below inflation percentages but the C suite gets those fat millions in bonus payments on top of their already overpaid salary based on their performance. If employees are based on their performance, why isn't anyone judging the C suite for ruing this company. It is also funny when moving to the management side, they weren't told anything about changes or upcoming changes until the day they were implemented. Joke company now.

2.0
Oct 19, 2023
Recommend
CEO approval
Business Outlook

Pros

A great place to learn the ropes in high-volume insurance sales. An amazing agency owner who works relentlessly to bring leads into his business.

Cons

Inconsistent bonuses, no work-life balance, very little PTO, and a stressful work environment lead to burnout.

1.0
Oct 19, 2023
Recommend
CEO approval
Business Outlook

Pros

Competitive Pay and Bonus Incentives

Cons

Mental and emotional health deterioration CEO is destroying the company We lost 2 billion dollars Mass layoffs are continuing no job stability

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