MEMIC reviews

4.2

74% would recommend to a friend

(99 total reviews)
avatar

Michael Bourque

97% approve of CEO

89% positive business outlook

MEMIC has an employee rating of 4.2 out of 5 stars, based on 99 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The MEMIC 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

99 reviews
5.0
Apr 22, 2019
Recommend
CEO approval
Business Outlook

Pros

MEMIC has great employees who work hard and provide excellent customer service. There is a lot of opportunity for growth, I've seen many co-workers promoted across the company. I think we have a great benefit package, I particularly enjoy the 401(k) and profit sharing. I am proud to work at MEMIC.

Cons

It is difficult to see negative reviews on social media because MEMIC is a great place to work. We have grown a lot in the past few years and change can be difficult for some employees, however, I have found that it has made the company stronger.

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MEMIC Response
7y
Thanks for leaving us a review and we’re happy to hear MEMIC is measuring up to your expectations. As you know, everyone’s chipping in to make it just that much better. Keep up the good work!
2.0
Apr 19, 2019

Overstaffed

Recommend
CEO approval
Business Outlook

Pros

MEMIC focuses on the community

Cons

WAY overstaffed. Sometimes go several days maybe even a week without doing a single thing. Pay is below average with little room for advancement The company tells workers what to do with their money by requiring bonus to go to non-profits.

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MEMIC Response
7y
Thanks for flagging your situation. We recommend that you speak to your supervisor or Human Resources and explain your sense of having too little to do as well as your expectations about your career path. We are a learning organization and want to be sure you are not only busy but building skills that will help advance your knowledge of this business and the performance of the company. As for the charitable contribution program, for the last two years we have encouraged employees to direct $100 to an organization of their choice and the response has been terrific. Animal welfare groups, health organizations, education, environmental causes and dozens of others have benefited from our employees’ choices. This community engagement has nothing to do with bonuses – it’s about us reflecting the values that light us up. In terms of compensation, we are competitive in all the markets in which we do business. We also have a generous profit sharing plan that is above the norm for most industries. It is performance-based and goes straight into each employee’s retirement plan. In addition, annual performance reviews result in merit increases in compensation. We ask you to share responsibility for your workload and take ownership in your career path. We hope you’ll make the most of this opportunity as there is plenty of work to be done.
1.0
Mar 19, 2019

Elitist Club

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Not far from the Ocean.

Cons

Top heavy - kinda like a big fraternity or sorority. Not great benefits. Check out Indeed dot com for real reviews. Sadly this company feels the need to reply to anything negative as though people aren't allowed to express their real experiences without empty feedback.

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MEMIC Response
7y
It’s hard to know where to begin from your review. Clearly you’re not happy and not feeling confident to speak with your supervisor or any member of management. That’s a problem particularly when open conversations are encouraged from the first day of work. The entire senior management team meets with new employees during orientation at which everyone is encouraged to stop in, call or write any one of them. We know we have opportunities to improve and are working on them but it’s hard to reconcile your review with the many others that find MEMIC to be the right fit and a great place to work. We strongly encourage you to start a conversation with senior management – it’s the best way to help change what’s bothering you.
Viewing 34 - 36 of 99 Reviews

Glassdoor has 121 MEMIC reviews submitted anonymously by MEMIC employees. Read employee reviews and ratings on Glassdoor to decide if MEMIC is right for you.