Economical Insurance "good benefits" Reviews | Glassdoor.ca

Economical Insurance Employee Reviews about "good benefits"

Updated Nov 29, 2019

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3.3
59%
Recommend to a Friend
50%
Approve of CEO
Economical Insurance President and CEO Rowan Saunders
Rowan Saunders
36 Ratings
Pros
Cons
More Pros and Cons

Reviews about "good benefits"

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  1. "Claims"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Bodily Injury in Calgary, AB
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Economical Insurance full-time for more than 3 years

    Pros

    Good people, company treats people well, good benefits, staff functions. Work load is manageable, flexibility.

    Cons

    Lack of formal training, lack of continuity in processes, environment has changed, staff do not interact due to changing environment. Systems don't interact.

    Advice to Management

    Remember what made the company great to begin with, it is losing that with their business transformation.

    Economical Insurance2013-07-05
  2. "used to be good"

    StarStarStarStarStar
    Former Employee - Claims Associate 

    I worked at Economical Insurance full-time

    Pros

    good benefits and flexible start-end times

    Cons

    - micro-managed ;all about numbers now and cutting costs -phone queue

    Advice to Management

    listen to your employees if you want people to stay there

    Economical Insurance2019-11-29
  3. Helpful (1)

    "2017: Wonderful experience; great team. 2018, however, began with departure of co. director causing loss of morale."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Csh in Toronto, ON
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at Economical Insurance full-time for more than a year

    Pros

    Good benefits and location. Clean office.

    Cons

    New direction is call-center focused. Culture of fear.

    Advice to Management

    Get a solid and cohesive focus in management.

    Economical Insurance2019-07-30
  4. Helpful (1)

    "Great people, horrible management"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in Waterloo, ON
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Economical Insurance full-time for more than 5 years

    Pros

    Fantastic co-workers, good benefits, flexible work hours

    Cons

    Hideously bad management. No feedback at all, no support.

    Advice to Management

    Train your people managers on how to manage people.

    Economical Insurance2019-05-10
  5. "Uses a lot of Contractors"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Kitchener, ON
    Neutral Outlook
    No opinion of CEO

    I worked at Economical Insurance full-time for more than a year

    Pros

    Consistent, reliable place to work. Very good benefits. Average pay.

    Cons

    They like to use a lot of contract people, like Deloitte instead of using their own to do big projects. This leaves employee worried and not having a lot to keep busy. They are also secretive and don't communicate well with employees on.

    Advice to Management

    Use the employees you have to do the work, don't just use them to keep the lights on. Staff like to be involved in exciting projects as well.

    Economical Insurance2019-01-20
  6. Helpful (1)

    "Poorly managed, Poor HR support, and Low Staff Morale"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Kitchener, ON
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Economical Insurance full-time for more than 3 years

    Pros

    Good benefits, most low-level employees are good people.

    Cons

    Director who did not care if staff are not busy/idle. Many staff have low morale due lack of work and lack of engagement. A number of people in my department are looking for work elsewhere. Spent most of my time fighting fires, and doing managers job so they look good for their superiors. Spent the past year mostly working solo with no support. Complained about inappropriate management behavior (race, sexual... orientation discrimination) but ultimately HR believed the manager over the employee. Disappointed that HR isn't there for regular staff and would rather just sweep things under the rug.

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    Advice to Management

    HR needs significant restructuring and retraining. They do not act on issues raised from regular staff (choosing to believe manager lies over the employee) and do not properly address company violations. Leader is barely in the office, and when they are they arrive late, leave early, and do not actively support the team. Staff simply do not even engage the leader any longer when they have issues because they... will always defer to someone else (again due to incompetence and inability to support the team). How they have managed to continue in their role is, again, due to failures in upper management to recognize the clear signs. I am a high performer and I could not put up with any more incompetence. More good people are leaving besides me in the coming weeks and months. How many more have to leave before something is done?

    Show More
    Economical Insurance2018-04-25
  7. "Good benefits"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Economical Insurance full-time

    Pros

    Good benefits for full time staff

    Cons

    If you want better you have to pay for it.

    Economical Insurance2017-11-10
  8. Helpful (2)

    "Indifferent"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Claims Adjuster in Vancouver, BC
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Economical Insurance full-time for less than a year

    Pros

    Good team environment, manageable workload, good benefits

    Cons

    poor management communication on expectations, stiff workplace (Timed bathroom and lunches), not a lot of opportunity for growth, makes it challenging to want to stay especially for younger employees

    Advice to Management

    communicate with your team - let them know when they are doing well and have conversations on how to further your career

    Economical Insurance2017-08-01
  9. Helpful (1)

    "Great Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Underwriting Assistant 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Economical Insurance

    Pros

    - comfortable environment (smart casual dress code, good starting salary, good benefits) - the best manager I have ever had, very supportive, encouraging and easy going!

    Cons

    - depends on the people you work with but can be difficult, not a "youth" culture

    Economical Insurance2016-10-14
  10. "Not good to start ur career"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Developer in Waterloo, ON
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Economical Insurance full-time for more than a year

    Pros

    Good work life balance, good benefits, helpful people to work with

    Cons

    No clear direction from management, too many technologies used and most of them are very old

    Advice to Management

    dont keep people in dark

    Economical Insurance2016-07-02
Found 15 reviews