GEICO reviews

2.6

24% would recommend to a friend

(12,693 total reviews)
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Nancy L. Pierce

50% approve of CEO

24% positive business outlook

GEICO has an employee rating of 2.6 out of 5 stars, based on 12,693 company reviews on Glassdoor which indicates that most employees have an average working experience there. The GEICO employee rating is 28% below average for employers within the Insurance industry (3.6 stars).

Reviews by job title

13K reviews
2.0
Jul 12, 2008
Recommend
CEO approval
Business Outlook

Pros

Job security and a company backed by Berkshire Hathaway A great "starter" company for people graduating from college, but don't plan on staying for more than 2 years.

Cons

Promotions almost completely based on tenure. Every decision literally goes through 12 layers of management, so don't expect to feel like you contribute. Culture promotes more of the same. Don't expect to get paid what you are worth. There is a lot of employee turnover.

3.0
Jul 8, 2008
Recommend
CEO approval
Business Outlook

Pros

If you are looking for something stable and doing the bear minimum of showing up on time and completing routing tasks then you can work for this company for ever whether rotating or posting out to different jobs within departments or regional offices. Pay scale is not even average however, with their yearly bonus profit-sharing plan, salaries come up close to average.

Cons

Old school and old fashioned. Top managers and directors who have been with the company since they were teenagers drives the company in their own set ways. There is no proper planning in research and development and where techincal infrasture are heading. Managers and directors drive or dictates what systems are needed for their applications. As a result there are a number of products/software that are essentially doing the samething. Millions of dollars are recklessly spent acquiring duplicate software that is not useable and cannot be leveraged with any other application. Upward movement with Geico depends on either the individual is aggressive at searching for opportunity or simple you have to know the right person to network.

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)

Viewing 12685 - 12687 of 12,693 Reviews

Glassdoor has 13,229 GEICO reviews submitted anonymously by GEICO employees. Read employee reviews and ratings on Glassdoor to decide if GEICO is right for you.