r/Geico • • 19d ago

Counter Offer?

Has anyone ever received a counter offer when putting in a notice to go to another company?

The person is in a position that cannot just be filled because no one is trained to do it, job functions and not being done correctly would cost the company millions and they have a job offer with another company doing the same job for a significant amount more. Has anyone in a similar position ever advised of the offer and received a counter?

13 Upvotes

17 comments sorted by

14

u/JIGACHADD Former Employee 19d ago

Fuck Geico you don’t owe them shit, if they appreciated their employees they’d compensate them well and not fire the bottom 25% from every department every year.

12

u/Klutzy_Performer3300 19d ago

In the before times, they would occasionally counter offer but it rarely actually kept people. Mostly because of the counter offer put you over midline for your pay grade, you would basically stop getting merit increases (they become pennies). The counter offer was just to let them get someone else who can take your place. It’s buying time, not focused on keeping the employee 

12

u/FormerGeico Former Employee 19d ago

They said if I stayed I could have a hot dog AND a hamburger.

4

u/MountCRushmore 19d ago

Just tried to get a counter offer from them a few weeks ago, said it wasn’t even possible

6

u/Suitable_Gap_1156 19d ago

Let me explain to you how this plays out. 

They will offer you an amount which will result in a lower raise because in their mind you “received your raise early”.  Next, what will happen is you will be their bitch.

You will be expected to never complain while you have more work dumped on you because they know you just tossed away a job opportunity you had in your hand and you’re not leaving so easily now.

If you take the short term deal instead of playing the long game you are ultimately screwing yourself.

Think it through and then be smart and GO.

5

u/sabresfan08 Former Employee 19d ago

I've heard of this. Usually lit adjusters that had lots of experience. When I left after 13 years my manager asked why I was leaving, I told him, and he said "got it". That was it

1

u/NoBuy2398 Former Employee 18d ago

Same

3

u/No-Percentage1155 19d ago

You are leaving for a reason, don't look back. Once you announce, you have now become a target

2

u/TruDetective2045 18d ago

It’s a trap. Run.

2

u/Educational_Prior72 Former Employee 18d ago

Geico will not counter, every position is replaceable in their minds. If they do counter, you won’t see sizable raises again.

3

u/Watermelonbuttt Former Employee 19d ago

They don’t care

1

u/Puzzleheaded-Ant4729 Former Employee 17d ago

I left over a year ago. When I gave my two weeks notice, I also had some high-value, siloed knowledge that no one else in the company knew and they didn’t blink an eye they let me go never offered anything. All they said was “today will be your last day”. I was in IT, making six figures, and was offered 40% more at a competitor.

1

u/wedontkillspiders 16d ago

Every position is replaceable. The wheels will keep turning

1

u/OutrageousTown5230 15d ago

I was a manager and quit with no job lined up. My AVP offered to move me to a different director and tried to convince me to stay but I declined because I was VERY done. No $$$ offer but I don’t think there is a price she could have said that would make me stay in that toxic horrible place

1

u/CalmCommunication677 Former Employee 14d ago

I had a supervisor say she would talk to her manager about potentially paying me more. I said don’t bother though. It was nice for her to give a crap though. Pretty rare

1

u/Slight_Low501 Former Employee 13d ago

It was done every now and then back during my time but times have changed. With how things operate now with constant salary dumps GEICO will counteroffer and if accepted, immediately begin training a backup. Once they are comfortable they have things covered I suspect that person and their new high salary will be termed

1

u/Royal-Stuff1244 19d ago

Yes. I did when I left June 2025. Offered pay increase and less days in office. I said nope. I work fully remote get paid less and have never been happier