Precoa reviews

4.2

81% would recommend to a friend

(38 total reviews)

Michael Hornibrook

99% approve of CEO

85% positive business outlook

Reviews by job title

38 reviews

Reviews about "Compensation"

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2.0
Mar 17, 2023

Even benefits are biased

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The culture is great and the incentives, trips and “fun” workplace culture is enticing at the beginning.

Cons

Their health insurance is meant to cater to large families that have no infertility issues. Zero coverage for infertility as it’s explicitly EXCLUDED. If you are lucky enough to have a kid after infertility, the cost of insurance for an employee, spouse and one child is absolutely ridiculous. It’s cheaper for us to pay $625/month for private insurance for my wife and child to be insured. The health savings plan is ridiculous as it’s nearly a full time job if you actually use the money you set aside. Hours upon hours upon hours of finding the ever changing documents such as EOBs, receipts, etc… We actually have delayed needed medical care because we don’t have the energy to fight to use OUR money anymore. For a “family centered company” they sure don’t really care about small (non Mormon) families very much. A raise was denied when I had no children but was automatically granted once we had a child (after tens of thousands of dollars spent out of pocket because of lack of insurance coverage for infertility).

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Precoa Response
3y
We’re sorry to hear about your experience, and we know how important and challenging dealing with benefits can be. We thought it might be helpful to provide a little bit of clarity here in response to your review, and also in the event that other employees have similar feedback and are looking for more understanding and information. We work closely with our benefits broker each year to evaluate and build a comprehensive insurance plan for our midsize company. While infertility testing is covered under our insurance plan, assisted reproduction services are not. We’ve found this to be true for comparable plans that are currently most affordable for midsize companies like Precoa. It’s also standard that health insurance companies do not provide plan designs or premiums based on the number of children an individual has if those children are all under the age of 21. This is because the driving force behind insurance plan costs stems primarily from the claim costs of enrolled adults and not their children. As we continue to grow, we continue to evaluate our healthcare plans so that we can provide the most comprehensive and affordable options for everyone. We also understand how convoluted and time-consuming it can be when dealing with HSA claims and reimbursement requests. Our benefits coordinator is always here to help navigate that process, and they’ll be sharing your feedback with our HSA vendors to find out how we can make this more manageable in the future. If you have further thoughts or suggestions, we would appreciate hearing them. Please reach out to feedback@precoa.com at any time. Thank you.
5.0
Aug 10, 2022

Good company

Recommend
CEO approval
Business Outlook

Pros

great support, friendly staff, good traiing

Cons

commission only, limited geographical area

2.0
Jun 20, 2022

Honest Review

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Coworkers are amazing and most of the people here really really believe in the company's values - PTO, flexible, WFH options

Cons

- Nepotism: Mormon roots, big family run company, friends & family are promoted, bonus points if you're Mormon - Misogyny: women are not promoted at an equal rate nor paid at an equal rate. There will be an excuse at every turn. In the typical Mormon culture, women don't work and stay at home to be with the kids-- you can see this trickle down to how women are treated in the workplace. They are not seen as people who need to make a decent wage, or as people who need to be promoted to larger roles. - Racism: the company doesn't pull its weight in combatting systemic racism. The funeral industry is writhing with racist views as the Jim Crow laws had segregated funeral homes into white-only and black-only. You WILL run into moral issues working here, no matter the department. I've personally had a few of these interactions myself with Funeral Home's asking for white-only recruitment images for their funeral planners, which is illegal. Discrimination is tolerated here and it shouldn't be. Precoa has every opportunity to create change in this industry and they aren't. The first week I was hired here my direct manager told me "They are just old and have conservative viewpoints and we just have to remember that". No, how about we stop making excuses for racism and do something? - Diversity: completely lacking. Diversity initiatives are not enough and are slow to work and the executives water down everything in order to not offend our partners and potentially lose money. This isn't a matter of politics but Precoa acts like it it. It's a matter of humanity and morals.

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Precoa Response
4y
Thank you for your feedback. We’re continuously looking at ways we can learn and improve, and we understand how frustrating it can feel when progress seems slow. This year, we’ve made our diversity initiative a major priority. We routinely conduct extensive reviews of our compensation structure and continue to implement these changes to ensure that compensation is competitive and equitable across the company. We also recognize the racial divide that exists in funeral service, which goes back hundreds of years. Black-owned funeral homes have long been an important source of profitability and economic stability in Black communities, and they’ve also played a key role in sustaining unique Black funeral traditions. We care deeply about our employees and the experience they have at Precoa. And we believe opening up more dialogue about the many issues you address would be an incredible opportunity to gain insight and clarification. If you’d be willing to help, company president Michael Hornibrook would welcome a conversation to learn more about your thoughts and insights. Please reach out to feedback@precoa.com if you’re interested and we will help connect you two.
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