Peabody Energy Reviews
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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 Senior 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.
No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company
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 Senior Management – - Need overhaul of many HR policies
- Need fresh blood and fresh thinking
- Dare to play in the 'big leagues'
No, I would not recommend this company to a friend