Genworth reviews

4.1

77% would recommend to a friend

(595 total reviews)
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Thomas McInerney

75% approve of CEO

76% positive business outlook

Genworth has an employee rating of 4.1 out of 5 stars, based on 595 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Genworth employee rating is in line with the average (within 1 standard deviation) for employers within the Insurance industry (3.6 stars).

Reviews by job title

595 reviews
4.0
Jul 11, 2013
Recommend
CEO approval
Business Outlook

Pros

Excellent benefits package (401k match of 6%, starting time off at 4 weeks, etc). They offer tuition reimbursement, which is a fantastic opportunity. Good people to work with overall. Nice bosses. Depending on the department/team, bosses can be very generous and flexible with time. If you are paid hourly, this can be very difficult to get; but if you're salary, the work-life balance is much better. If you do well, you do get noticed and have advancement opportunities (however, see below for a 'con' in this area).

Cons

If you start at a very low level, it's extremely difficult - probably impossible - to get a fair salary. From my experience, they have capped percentage raises, so it is impossible to get a fair market rate unless you're coming from outside the company. This is frustrating, especially when their current employees who work hard (and are rewarded with stronger year-end performance reviews) are unable to get a better salary than an outsider. Shouldn't you reward hard-working employees who have added value to your company with market salary rates? The company is also very hierarchical, and this can cause a lot of unnecessary red tape. A lot of systems are broken and it can cause difficulties when trying to do your job accurately.

Viewing 586 - 588 of 595 Reviews

Glassdoor has 1,044 Genworth reviews submitted anonymously by Genworth employees. Read employee reviews and ratings on Glassdoor to decide if Genworth is right for you.