GEICO reviews

2.7

24% would recommend to a friend

(12,711 total reviews)
avatar

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 12,711 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
1.0
Jan 20, 2024
Recommend
CEO approval
Business Outlook

Pros

It is really to find pros as they took away almost everything. Unless, you have a good supervisor then things are ok. The 401k has 6% match.

Cons

They slashed almost everything that once made this company great, starting with profit sharing. However, you get to have the meetings about how profitable they are, just none of the monetary appreciation for your hard work. They the took away working remotely and expecting people to come into office more frequently. They slashed our medical benefits to be some of the worse in the industry. Those co-insurance plans are just awful, but hey we now have Headspace. More work with pay that does not compensate for it. Technology is old and dated and upper management does not care. They are slow to role anything out and when it does, it does not work well. Very poor communication from upper management. There is no way to promote right now and will still be limited in the future. Lack of any development for the employees. However, they do fire management on a whim, so being promoted may not be the best option.

2.0
Oct 15, 2023
Recommend
CEO approval
Business Outlook

Pros

Higher paying than other companies with similar job.

Cons

They fire people for call volume when they're on FMLA or other types of leave. They should lower the threshold for call volume so I don't get angry customers calling because the previous agent said whatever to get them off the phones.

1.0
Aug 25, 2023
Recommend
CEO approval
Business Outlook

Pros

GEICO USED TO BE A PHENOMENAL PLACE TO WORK. I came to Geico almost 12 years ago and received top-notch training, had mostly amazing and capable supervisors, given decent pay and raises, above average benefits (including profit sharing), and lots of promotional opportunities if you were motivated and excelled. Unfortunately, every single positive listed above has been eliminated now. Not joking- EVERY SINGLE POSITIVE ASPECT OF THIS EMPLOYER IS GONE. The only current positive is the company seems to have eliminated any hiring standards as a byproduct of all the tenured associates leaving, in order to get bodies in seats, so it's now incredibly easy to get hired if you need a job.

Cons

To illustrate the current environment, I literally feel like I am walking onto the Titanic every day I log into work, and I play my violin for 7.75 hours while I watch a massive, slowly sinking ship, including the many thousands of passengers (associates) throwing themselves into the Icy waters below. - Some offices had 70% staff turnover in 2022 (lowest office was 45%), and tenured associates (such as myself) continue to leave in masses; this leaves a few good employees (hostages) who are stuck or still under the delusion they can somehow fix everything wrong with the company (and are overwhelmed and burnt out) and the complete flakes who drove the company into the ground. - Training and development department has undergone several rounds of layoffs and in an effort to get people in seats, entry level claims Training has been scaled down from 14 weeks (old CSR and TCR1 training times combined) to 6 weeks. I have not encountered one person who felt adequately trained for their job since this training "overhaul ". - Another byproduct of needing people in seats (because everyone is running for the hills) is giving promotions and positions to incompetent clowns who have no business supervising, managing, or directing anyone in a professional setting. Unbelievable amounts of people with little technical knowledge, job experience, or common sense are being put in positions of power and decision making.... I'm not sure why anyone is surprised that the entire company is unraveling at an astronomical rate. What's worse, the clowns being promoted know they have no business being in these positions, so they take any chance they get to throw someone else under the bus in order to deflect from their own incompetence. It's truly a dog-eat-dog mentality. - Benefits have slowly been eroded during the restructuring. Short-term disability benefits were offered for one year, then clawed back by corporate. Profit sharing was removed under the guise of large raises, but pay scales were then revised (lowered) and the raises were given by management without any supervisor involvement (unlike prior years), resulting in many unfair distributions based on heavily skewed metrics. - Zero promotional opportunities currently. We're on track to lose close to 2 million customers this year alone, and have all but completely shut down new business in 17 states because of dumbs*** showdowns with DOI commissioners who will no longer allow Geico to pass off their internal hemorrhaging money issues onto their customers with continuous rate increases. We've not had a single positive PIF increase day (not one) in all of 2023. I could go on and on- you've been warned. If you take a job, get your tuxedo out and tune your violin, I promise it won't be long until you understand the sinking ship metaphor.

Viewing 163 - 165 of 12,711 Reviews

Glassdoor has 13,247 GEICO reviews submitted anonymously by GEICO employees. Read employee reviews and ratings on Glassdoor to decide if GEICO is right for you.