Peabody Energy Reviews

Updated August 18, 2015
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Peabody Energy President and CEO Glenn Kellow
Glenn Kellow
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6 Employee Reviews

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  1. Helpful (1)

    Peabody

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Negative Outlook
    No opinion of CEO

    I have been working at Peabody Energy full-time

    Pros

    Good paying job with multiple mines in the United States and Australia.

    Cons

    Micromanager seems to be encouraged, not sure how the state of the company is doing after reporting over $1 billion loss Q2 loss of 2015

    Advice to Management

    Follow chain of command and don't micromanage so bad, you hire employees who are competent in their are of work, let them work


  2. Helpful (2)

    Great in the beginning, but towards the end there was a bloat of management overhead.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Information Technology in Saint Louis, MO
    Former Employee - Information Technology in Saint Louis, MO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Peabody Energy full-time (More than 3 years)

    Pros

    The company does more with less people so you can wear many hats during your tenure. This was my experience in IT.

    Cons

    You could work your tail off and be rewarded the same bonus potential as less ambitious workers. It didn't always matter if it was done on or before schedule, but rather if you could impress someone with flashy presentations.


  3. Helpful (1)

    It is production run maintenance

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Electrician in Grants, NM
    Current Employee - Electrician in Grants, NM
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Peabody Energy full-time (More than a year)

    Pros

    It is easy work for the pay. You can destroy equipment and get promoted to bossing. If you have a relative working here you have it made.

    Cons

    It is easy to start not caring about what do because the moral is very low. Management expects us to do miracles with no support, tools, our training.

    Advice to Management

    Hold to the rule you make and apply them to everyone not just non relatives


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  5. Helpful (1)

    Nepotism reigns supreme.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Communications Support in Coulterville, IL
    Current Employee - Communications Support in Coulterville, IL
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Peabody Energy full-time (More than 3 years)

    Pros

    Great 401k match (100% up to 6%) and extra contributions at the end of the year.

    Cons

    This company is full of relative to the point that it is almost incestual. Work as hard as you want, work as much overtime as possible, go out of your way to get training to help you be a more valuable asset to the company, go far beyond what is expected of you and have a better work ethic than any of your peers and watch it lead to still be viewed as dirt, unless you're part of the cliques. Incredibly obvious favoritism. Relatives and good friends of management getting promotions without the company even posting the job anywhere for others to apply. Benefits have really died off. Very little coverage and very very high deductibles.

    Advice to Management

    Reward hard workers. Don't just give people jobs because you like them.


  6. Helpful (2)

    Once a great company. Those days are gone

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Saint Louis, MO
    Current Employee - Anonymous Employee in Saint Louis, MO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Peabody Energy full-time (More than 8 years)

    Pros

    Average Pay, Good 401K, bonus and benefits. Super plush office space (on the upper floors - for management) and a gym.

    Cons

    HR is too afraid to promote talent from within. Instead they hire managers from outside the company with the title they are looking for. Most of these people were fired or let go at their previous jobs. Many of them don't last long at Peabody. HR does NO background research on these people. As someone else mentioned, HR is lazy. I have interviewed candidates and recommended hires, only to have HR lowball them and turn the job down. They then go to the next candidate and offer them the position (even though that candidate was not recommended for hire). The performance review process changes every year. It now takes about 80 hours a year to complete, and it is like sticking a square peg in a round hole. It seems that the real intent of the process is to protect the company when it comes time to further downsize. Unless you are hired as a VP here, you will not get promoted to that position regardless of experience, skill, or effort.

    Advice to Management

    Clean out your HR team from the top down. They are driving your talented workers into the hands of your competitors or other companies. The "cascaded goals" and performance metrics are not understood by HR (at least they cannot explain it to us) and do a horrible job of identifying talent and hard work. Real talent gets frustrated by the process, while mediocre talent will learn how to game the system to maintain their job.


  7. Wants to be global but stuck in provincial mindset

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Disapproves of CEO

    Pros

    - Leader in its immediate industry (coal) but laggard in overall industry (mining) - Decent benefits package - Some opportunities to work overseas (Australia)

    Cons

    - Not forward thinking - Weak leadership - Pay lower than peers or industry - Promotion and career development procedures not transparent

    Advice to Management

    - Need overhaul of many HR policies - Need fresh blood and fresh thinking - Dare to play in the 'big leagues'



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