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GEICO: There are better companies to work for

Senior Software Engineer
Former Employee
Worked at GEICO for 20 years
May 31, 2024
Chevy Chase, Maryland
1.0
Doesn't Recommend
Pros

Remote work may be made available, depending upon department/manager/director. Salaries are more marketable only at the expense of layoffs.

Cons

Merit review is based on "ranking." If you are not the best performer in your department, there's no raise. You risk not receiving a profit-sharing cash payout (if one is awarded).

Those who don't perform in the top percentile risk being terminated. That's not an environment you want to work in or be a part of.

The current merit process eliminates the "team" environment and replaces it with every man/woman for himself, which is ripe for backstabbing, finger pointing, and a non-collaborative atmosphere.

Advice to Management

Current management is totally focused on the bottom line with a heartless approach to managing associates. It took the "old" company almost twenty years (2000 - 2019) to evolve into an "associate centric" company, which was formulated from associate feedback and termination questionnaires. During this time, seven corporate pillars were implemented to help guide and reshape corporate culture for the better. It was a refreshing place to work.

The revised corporate culture has been totally obliterated within a manner of 2 years by the "new" management. What is worse, the old culture of "quality customer service both internally and externally" is a faint memory. It has been replaced with a technology-focused company that delivers insurance. It resembles nothing of what Leo and Lillian Goodwin created some 80 years ago.

Potential workers beware!

Additional Ratings

Work/Life Balance
3.0
Culture and Values
1.0
Diversity, Equity, and Inclusion
1.0
Career Opportunities
2.0
Compensation and Benefits
3.0
Senior Management
1.0

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