GEICO reviews

2.7

25% would recommend to a friend

(12,714 total reviews)
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Nancy L. Pierce

50% approve of CEO

24% positive business outlook

GEICO has an employee rating of 2.7 out of 5 stars, based on 12,714 company reviews on Glassdoor which indicates that most employees have an average working experience there. The GEICO employee rating is 25% below average for employers within the Insurance industry (3.6 stars).

Reviews by job title

13K reviews
2.0
Aug 8, 2008
Recommend
CEO approval
Business Outlook

Pros

Profit sharing in the good years is excellent, otherwise it brings pay in line with market rates. The people there are great, certainly a great deal of people that you will like working alongside. Many opportunities to learn new areas of the business, at least at the corp hq location.

Cons

The pay is marginal at best. Advancement is possible, but it is largely dependent on seniority first and networking second. If you stay, you will likely move up. Otherwise, management is average to slightly below. Often, promotions are given to those who speak the loudest and most frequent, regardless of whether or not it is insightful or merely noise. In other words, often, the squeaky wheel gets promoted.

4.0
Jun 27, 2008
Recommend
CEO approval
Business Outlook

Pros

- Profit Sharing (Each year...we calculate rate of growth and its distributed as an annual bonus to your 401K as well as a cash payout. The average is around 20%. Take your salary...take 20% or whatever the magic number is...and thats the bonus. The first 10% goes into your 401K...the rest comes to you (after Uncle Sam) in a check) - Job Stability...people will always need insurance. GEICO never lays people off...you may get fired though :-).

Cons

- Old fashioned (We're one of those companies that doesn't change things since this is the way things have always been done) - Aesthetically challenged (We have had issues with rodents due to construction taking place nearby)

4.0
Jun 17, 2008

Geico is pretty good place to work

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Stable employment, good growth opportunities, profit sharing almost always guarantees 10% 401k contribution

Cons

Profit sharing cash payments dependent on 8% growth in policy holder base. Upper management opportunities require rotations to at least 1 field office. Limited IT career positions, upper management positions also require experience working in a non-IT position.

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Glassdoor has 13,250 GEICO reviews submitted anonymously by GEICO employees. Read employee reviews and ratings on Glassdoor to decide if GEICO is right for you.