Constellation Energy Commodities

  www.constellation.com
  www.constellation.com

Constellation Energy Commodities Reviews

12 Reviews
2.8
12 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Constellation Energy Commodities President Mayo A. Shattuck III
Mayo A. Shattuck III
4 Ratings

Employee Reviews

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  1.  

    Good company!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Risk Intern in Baltimore, MD
    Current Employee - Risk Intern in Baltimore, MD

    I have been working at Constellation Energy Commodities as an intern (less than an year)

    Pros

    People there are nice. The development path is great.

    Cons

    Energy market knowledge is always not enough.

    Advice to ManagementAdvice

    More official training is needed.

  2.  

    Good Pay, horrible culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Business Systems Analyst in Baltimore, MD
    Current Employee - Senior Business Systems Analyst in Baltimore, MD

    I have been working at Constellation Energy Commodities full-time (more than 5 years)

    Pros

    Good pay
    Good benefits
    Good Bonus
    Large enough company to move around & gain experiences

    Cons

    Company morale is low. Everyone is looking to jump ship.
    Systems and processes are weak
    Management only cares about themselves and will stab you on the back

    Advice to ManagementAdvice

    Care about your employees and encourage growth development.

    Recommends
    Negative Outlook
    No opinion of CEO
  3.  

    Well compensated but work is unfairly allocated and employees are kept uninformed about important changes.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Associate - Origination in Baltimore, MD
    Current Employee - Associate - Origination in Baltimore, MD

    I have been working at Constellation Energy Commodities

    Pros

    Compensation and responsibility given to you early in your career

    Cons

    Compensation is not very tied to PnL

    Advice to ManagementAdvice

    Be more informative with subordinates and keep them in the loop on important changes.

    Recommends
    Disapproves of CEO
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  5.  

    enriching experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Student Employee College - Intern in Baltimore, MD
    Current Employee - Student Employee College - Intern in Baltimore, MD

    I have been working at Constellation Energy Commodities

    Pros

    Opportunities to work on live on-going projects and opportunities for user interactions.
    Mentor and colleagues are very nice and helpful.

    Cons

    Desks does not have proper partitions.

    Recommends
    Approves of CEO
  6. 1 person found this helpful  

    Not a good place to start a career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Baltimore, MD
    Former Employee - Anonymous Employee in Baltimore, MD

    I worked at Constellation Energy Commodities

    Pros

    The benefits in terms of health, dental, and vision insurance was the best I have seen. I can't think of anything else. (listed health, dental, and vision because of the 20 word minimum! that's how little there is!)

    Cons

    They boast a 95% retention rate of over 5 years, but that is taking into consideration that it includes all of their employees including those who work in a power plant, and don't have easy job mobility. The turnover rate at Constellation Energy Commodities is a lot higher, mostly because there is high job dissatisfaction. There is little room for promotion/moving up, there is no firm handle on how to run the business, and the leadership changes are extremely frequent at the topmost level.

    Advice to ManagementAdvice

    Stop being idiots and get on the same page. Actually allow the "open and non-hierarchical culture" that you boast, because I have not see it.

    Doesn't Recommend
    Disapproves of CEO
  7. 1 person found this helpful  

    CEG culture of now one of extreme caution where even the traders do not take much risk without 17 management meetings.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Vice President in Baltimore, MD
    Current Employee - Vice President in Baltimore, MD

    I have been working at Constellation Energy Commodities

    Pros

    could be a cool place to work if the pace were to pick up and the ivory tower academic projects ceased and we actually focused on making money.

    Cons

    the talent has left the building.
    the 18th floor is out of touch with the realities of the business and the mood of the employees.

    Advice to ManagementAdvice

    You need to enter the no spin zone and stop the ivory-tower showboating. If showboating is rewarded over results and risk-taking Constellation will become all entertainment and no profit. No matter how many town halls, emails from the desk of Mayo, and off-site leadership huzzah love fests you have, when results do not line up management loses credibility. If you want to grow the business at 15% per year (double double 2020) then you need more than showboating and the talented employees right now are only half committed, waiting for the job market ro perk up so they can fly. The taleneted ones will be scooped up first. oh.. and why are people responsible for the crash still in leadership roles?

    Doesn't Recommend
    No opinion of CEO
  8.  

    Used to be a much better place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Associate in Baltimore, MD
    Current Employee - Associate in Baltimore, MD

    I have been working at Constellation Energy Commodities

    Pros

    Large bonus potential; Good work-life balance as long as your manager likes you; Convenient to downtown Baltimore; People in the area know what company you work for

    Cons

    Constellation is portrayed as a greedy company in the local media, so people might think badly of you if they know what company you work for

    Advice to ManagementAdvice

    Managers should not be so blatant about showing favoritism; Management needs to recognize that most people working at the company are not happy

    Doesn't Recommend
    No opinion of CEO
  9. 2 people found this helpful  

    Not the place to work at.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Baltimore, MD
    Former Employee - Anonymous Employee in Baltimore, MD

    I worked at Constellation Energy Commodities

    Pros

    Big boy in Energy (Electricity). Experience of the team. Name carries weight.

    Cons

    Baltimore. Enough said. No training for guys who are new to the business. And they take a bunch of analysts/associates who dont have a fig of an idea of what electricity trading is all about. its all on the job( even the basic things like the databases/sources of information/proprietary tools used as part of daily work. the less we talk about helping ppl to understand the math behind the "exotics" that get executed in the firm the better it is) so it take take 2-3 years before one can look one self in the mirror and be confident about her/his capability.

    Advice to ManagementAdvice

    ...

    Doesn't Recommend
    Disapproves of CEO
  10.  

    Constellation is a good place to work in a dull industry...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Associate in Baltimore, MD
    Former Employee - Associate in Baltimore, MD

    I worked at Constellation Energy Commodities

    Pros

    Well recognized company within the industry.

    Cons

    Baltimore is a terrible city!!!

    Advice to ManagementAdvice

    Manage your credit more carefully

    No opinion of CEO
  11. 3 people found this helpful  

    Persky, enough said. Still trading stocks in his office ?

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Employee Like Everyone Else. in Baltimore, MD
    Former Employee - Employee Like Everyone Else. in Baltimore, MD

    I worked at Constellation Energy Commodities

    Pros

    Experience experience experience. Learn all you can and meet some great people. Management is a very political backstabbing circle of friends. Not recommend getting into management level as it can hurt your career long run, skew the real world and hurt your ethics.

    Cons

    Location Location Location, Baltimore enough said. Terrble place to live. Sub par city and nast environment to look at. Can be viewed as a jerk as many there think they created the business when in fact they are just part of a large industry and have risen to the top of the game (for now) due to willingness to do anything to meet street expectations ( now that game is over)

    Advice to ManagementAdvice

    Please consider the money you are taking from shareholders. Do you really believe that your efforts deserve the money you have been taking as "pay" justified? Performance metrics of company as of late questioned. Been there too long and the games you play with accounting are becoming news now, its just about over.
    Look at the business as if your part of it not as if you own and created it. Your an employee too. CEG owes a lot of debt due to management need to grow for personal gains.

    Doesn't Recommend
    Disapproves of CEO

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