Great stability, but do a lot more with a lot less
Pros
Excellent stability; even through a bad economy, geico continues growth and is able to provide profit sharing to its employees Good place to start careers; young college grads are trained and offered additional education to help develop them into more knowledgable employees. Geico is embracing technology.
Cons
Old meets new; many people stay for a long time and hesitant to change, making it frustrating for younger workers. Salary; salaries are low in comparison to other industries. Environment; building and furniture are very old and outdated. Work location; no work from home or hotelling accommodations. Staffing; people make the company, but it is too difficult to get the staff you need to perform well in staff departments. Rewards for hard work; annual merit raises are too limited, making it difficult to adequately reward your staff for their tireless effort.