Vantaggi
GEICO has some of the best training available to those who have never been in the insurance industry. The insurance license is paid for by GEICO. The overall benefit package of health and life insurance is good. Profit sharing is nice if you are hired early in the calendar year. Your immediate teammates are always willing to help you out (since they understand everyone is in the same boat). It's great they have onsite security staffing, most locations have onsite gyms and onsite cafeteria (no free meals-just convenience). GEICO's overall values are good.
Svantaggi
As the insurance industry becomes more competitive, the treatment of their employees worsen. Instead of praise, encouragement and assistance from upper management for handling your case loads well, employees are met with retorts, criticism, and threats of replacement for any suggestions they may have made to upper management. It's sad to see how management gets rid of good employees by creating hostile work environments, nick-picking on employees they don't like to fire them or make them quit (when many others may get away with the same work progress/quality). It's been said by management that GEICO would rather have one employee do the work of four people instead of paying wages for three more employees (to create a less stressful work environment). Why? The line they feed to us is: it allows for more profit sharing. Sadly, the truth is it doesn't. Your profit sharing portion is tied to your salary, and they will work you to the bones for every penny they pay you. You will work overtime for no pay. You will work weekends for no pay. You will work other people's files for no pay. And, when they feel you are on the brink of having an emotional breakdown, mental breakdown, or a valid case against them for overworking you without pay they will fire you if you haven't quit already. Basically, you won't have time for yourself, your family and definitely not your friends. GEICO's hollow promises of promotions from within does not come with any good work ethics and hard work a person puts in. No one in upper management looks like a plain Joe-everyone looks like they stepped out of a GQ or Glamour magazine. It's always awkward talking to them since you don't know if they have been bashing you or one of your close colleagues (who may not be as good looking or fashionable), or if they are trying to leverage themselves into your bedroom. GEICO's present culture is not so great compared to the founder's values.