Progressive Insurance reviews

3.9

74% would recommend to a friend

(3,021 total reviews)
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Tricia Griffith

88% approve of CEO

76% positive business outlook

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3K reviews

Reviews about "Compensation"

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1.0
Dec 21, 2014

Horrible place to work

Recommend
CEO approval
Business Outlook

Pros

"Gainshare." Every employee of Progressive gets a Gainshare bonus at year end, which is not performance based and non-discretionary. It is solely based on Progressive's stock performance, policies sold and other economic factors. It's a nice benefit.

Cons

This job was the worst job I've ever had. Everyone is completely overworked. We were expected to work every night and every weekend. They fired half the staff and did not replace them, they just expected the remaining employees to work 80 hour weeks. They rule by fear and everyone constantly felt that they were going to be fired. My department hired about 15 new lawyers in 2 years and every one of them either quit or got fired. Nobody ever stayed there longer than a year or so. We also went through 3 managers in 2 years. Truly a toxic work environment.

2.0
Dec 20, 2014

Always saw myself as a lifer until this year

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Most coworkers are extremely smart and motivated. There is interest in continuous improvement and an appetite to take risks (but if that change includes IT work, see cons below). You can carry over unused time off from year to year. Regular performance reviews.

Cons

Terrible work-life balance. Product manager positions go to outside top 10 MBA grads unless you get a rare asst PM role (1 in personal lines PM, 2 in PL R&D, 3-4 in commercial lines; and all but the first were added in the past 1-2 years). Minimal opportunity for moving around within the company once in an equity level position even though it is highly desired. Small IT projects that are common sense but cannot show enough dollar improvement in CBA will not be prioritized. Giving positive rating below because they'll continue to improve business results.

2.0
Dec 17, 2014
Recommend
CEO approval
Business Outlook

Pros

Money, Benefits, Decent Co-Workers, Bonuses, Ideals?

Cons

Working in claims. Claims Reps are heavily overloaded. Revolving management (7 sups in 3 years) Given 3 hrs of overtime per week and if that is exceeded due to customer need a "coaching" will be in your future. Useless company scripting. Micro-managing style. Attempting to advance beyond claims is very difficult, especially if you're good at what you do. Feedback is encouraged, but puts you in the spotlight for all the wrong reasons. Hard to balance work and life.

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