Pepco Holdings

  www.pepcoholdings.com
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Company Culture Needs to Catch up with Company

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Anonymous Employee  in  Washington, DC
Current Employee - Anonymous Employee in Washington, DC

Pros

On-the-Job Training: There are countless employees here who have amassed decades of experience from which younger employees can tap and learn. Pepco was "founded" in 1906 so there will never be a shortage of information or knowledge.

100% Tuition Coverage: PHI cares about the education of its workforce, especially its Engineers. In fact, they care so much that they'll pay for your college degrees and more. Who does that?!

Benefits: PHI's benefit package is top notch. Medical, Vision, Flex Spending, Dental, Life Insurance, etc. Also included is the aforementioned tuition supplement, company discounts, and the gratitude of customers when power is restored.

Salary: As an entry-level engineer at PHI, the salary offered is quite satisfying. As an entry-level employee at PHI period, the salary is quite satisfying. Sure, like everywhere else, some promotions are muddied by politics but for the most part people are regularly promoted.

Opportunity for Growth: With the many complaints come opportunities for growth. Wherever there is a need, an employee can fill that void and rise through the ranks accordingly. There have been people that have reached top management positions in only a few years due to them taking advantage of a combination of special projects, tuition assistance, and good ol' fashioned networking.

Cons

On-the-Job Training: Unfortunately, unless you seek information you will struggle. While there are those who are willing to help you, if you do not ask you will still be responsible for what you don't know. Often this means assignments will be given with no guidance or instructions.

Short Timers: These are folk who are near retirement and love to tell you how close they are to it. While this alone is not necessarily a "con," hearing about it as a younger employee can sometimes be depressing. Also, often the people with the most number of years are often those who complain about their job the most. Change is not welcomed warmly here. This attitude does harm to younger employees because they now see a future of complacent. "I'll just work hard now until I reach a good salary. Then it's Easy Street until retirement, baby!" No.

Peak Hours: Kin to the above "con" are what I call "Peak Hours." These are hours worked by some of the senior employees that are considered the most that they will ever work. After so many years, some folk seem to not even want to push anymore. The salary is comfortable (and overly generous in some instances) so why do any more than expected? Definitely a cultural nuisance for this company.

Knowledge Transfer: Bottom line: people are retiring and they are taking all of those years of experience with them. Share the wealth! But why share when you can just retire an return as a contractor and get paid for this knowledge that the company has just lost? Brilliant!

Advice to ManagementAdvice

Seriously consider and develop a merit-based system of promotion. There are plenty of excellent workers that are often surpassed by their counterparts due to the age-old concept I seniority. Folks should earn their stripes, however, those who are proven leaders and dedicated workers should be rewarded accordingly; they are the people contributing most to the company's profit margin.

Assign more of your Millenials to more "millennial" projects. While learning the older systems is definitely an advantageous endeavor, eventually we want to work on the systems of tomorrow i.e. emerging technologies. Perhaps newer employees can be matched with senior employees for different projects. This increases accountability for both parties and ensures knowledge transfer.

Recommends
Neutral Outlook
Approves of CEO

Other reviews for Pepco Holdings

  1.  

    Some good some disfunction

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Washington, DC
    Current Employee - Anonymous Employee in Washington, DC

    Pros

    Benefits are better than competitive, Most people are pleseant to work with. Upper Management seems to be engaged with employees.

    Cons

    No global work from home policy so some people are able to and others are not. As a company providing a critical public service you will be expected to work during adverse weather conditions.

    Recommends
    Neutral Outlook
  2.  

    Fantastic Work Environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Corporate Communications  in  Washington, DC
    Current Employee - Corporate Communications in Washington, DC

    Pros

    Everyone gets along and there is a positive work environment within the company.

    Cons

    PHI does not have an excellent reputation around Washington, D.C.

    Recommends
    Positive Outlook
    Approves of CEO
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