GEICO reviews

2.6

24% would recommend to a friend

(12,694 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 12,694 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
1.0
Aug 16, 2023
Recommend
CEO approval
Business Outlook

Pros

None... none at all. Run away. You'll save a fortune in therapy.

Cons

Managers and above are disconnected yes-men with no apparent interest in (or talent for) solving problems. From the manager level all the way up to the C-suite they blame the phone agents for the terrible efficiencies times, not Todd Combs or the other execs for electing to transfer most of the company's operations, across multiple departments into a broken piece of software that appears to be unfixable and then laying off (sorry, "eliminating the positions of" lol) a shocking percentage of the IT staff.

1.0
Mar 3, 2015
Recommend
CEO approval
Business Outlook

Pros

Decent starting salary, ok benefits, and a lot of other benefits if you are willing to work your life away and keep telling yourself it is worth it. They lure you in with profit sharing and all the best and whistles you would expect, only to find out you have to wait a year to get them. Only true PRO is that you will get your Texas Adjuster's License

Cons

The MDP Program is a scam that the company put together to attract top talent to do tedious boring stressful work adjusting claims. Just like their commercials this is marketing at its best, and a trap for anyone willing to believe it. No one work should work this hard for $41k with a college degree. Red Flag #1: Rumor is that one employee killed themself from the stress associated with the job Red Flag #2: People feel obligated and required to work until late at night and on the weekend to "catch up" or so their monday will be manageable Red Flag #3: Why does everyone always have a head set on? Do they actually talk to people they sit next to? The answer is not really, unless you want to use that time later tonight or saturday to catch up Red Flag #4: If everyone makes $60k in two years, why does no have anything nice, and skip lunch so they have enough money to pay their bills? Red Flag #5: You have to pay for the crappy office coffee most people take for granted. Why? Because GEICO is a low cost provider and doesn't want to pay for coffee which might actually increase productivity. If you look at the average cost from an overhead standpoint, they probably spend more from people being pissed off about it and do nothing for 5 minutes when they realize they have to pay for black coffee. Basically as an MDP you perform the job of CSR 1 where you make liability decisions and help determine coverages. They give you more work than you can handle, knowing a majority of people work 9-12 hours and come in the weekends, but don't offer any overtime. When asked why is the work load so large, they reply back that there is an unforeseen increase in the amount of claims and that help is on the way. These are lies, and they just work people until they quit or learn to deal with this crappy job. My question is if they acknowledge a large increase in claims and know people will have to work extended hours, why not offer them overtime? When you know people are working 50-60 hours a week regularly, why does not one get overtime, a bonus, or some incentive? GEICO offers low insurance rates and is a low cost provider. This translate to employees receiving crappy compensation, unreasonable work loads, and not being offered any perks that most people enjoy in a job. Everything you do is measured from accountability, how quickly you return phone calls, and a numerical score of your overall rating compared to your peers. Turnover is close to 20%, which means people hate their job. I joined the MDP Program in the false hope I would be making $60,000 within 2 years, and that I would have a comfy 8-5 job. Definitely not the case, GEICO

2.0
Jun 16, 2016
Recommend
CEO approval
Business Outlook

Pros

Profit Sharing Nice People Wonderful new offices in Richardson

Cons

Inept management Very old school managers who have been around forever are killing the company Low pay in a lot of areas for the amount of work they push on people Don't understand the new growing work force, think that everyone needs to be at a desk Doesn't understand a mobile work force nor how to properly motivate a younger workforce They keep putting people through the grinder while avoiding actual fixes to the problems Very slow to change, they fight creativity at every turn and do a poor job of recruiting talent because the top individuals see that they can go work for places like Liberty Mutual or State Farm which are far more welcoming and technologically advanced so they leave. They are good at treating grown adults like kids, don't respect adults to let them do their own work Way Way to much micromanaging.

Viewing 16 - 18 of 12,694 Reviews

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