Peabody Energy

  www.peabodyenergy.com
  www.peabodyenergy.com

Peabody Energy Reviews

Updated November 18, 2014
Updated November 18, 2014
31 Reviews
3.3
31 Reviews
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Peabody Energy Chairman and CEO Greg Boyce
Greg Boyce
18 Ratings

Employee Reviews

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  1.  

    Strong business strategy

    Current Employee - Manager Scheduling and Distribution in Saint Louis, MO
    Current Employee - Manager Scheduling and Distribution in Saint Louis, MO

    I have been working at Peabody Energy full-time (more than 10 years)

    Pros

    Solid business plan with a good sense of future strategy. For the most part there is a team work atmosphere. Work life balance is good. Most middle management is down-to-earth. Seems the high you go the less approachable.

    Cons

    Can be clicky depending on the area you work in. In certain departments, there can be too much of a micro managed feel. Lack of trust with dedicated employees.

    Advice to ManagementAdvice

    Recognize employees more often. An adaboy goes a long way every now and again.

  2.  

    Lot of head nodding but many don't want to make decisions.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Director in Saint Louis, MO
    Former Employee - Director in Saint Louis, MO

    I worked at Peabody Energy full-time (more than 10 years)

    Pros

    Good pay, benefits, and bonus/stock.

    Cons

    Many pockets of discontent and management does not realize it. Many times middle management doesn't realize it.

    Advice to ManagementAdvice

    Actually spend time with the employees not just in big presentations.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    Nepotism reigns supreme.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Communications Support in Coulterville, IL
    Current Employee - Communications Support in Coulterville, IL

    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 ManagementAdvice

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

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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  5.  

    Excellent company with a number of benefits, but passing through a difficult time in the industry

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Geologist in Saint Louis, MO
    Current Employee - Senior Geologist in Saint Louis, MO

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

    Pros

    Excellent training opportunities provided when the company is successful, wonderful and talented co-workers, opportunities for travel, current president/next CEO (Glenn Kellow) is excellent and has the potential to turn the company around

    Cons

    Limited advancement opportunities, technical salaries low compared to other mining companies, benefits are being reduced each year due to challenging industry conditions

    Advice to ManagementAdvice

    Liten to your technical people and don't make expensive investments with little chance of profit, solely in the interest of "shareholder growth"

    Recommends
    Negative Outlook
    Disapproves of CEO
  6.  

    Peabody knows how to mine coal.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Safety Supervisor in Gillette, WY
    Former Employee - Safety Supervisor in Gillette, WY

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

    Pros

    Peabody is a leader in the mining industry.

    Cons

    There are too many layers of management.

    Advice to ManagementAdvice

    Don't forget who puts the coal in the train.

    Recommends
    Negative Outlook
    No opinion of CEO
  7. 1 person found this helpful  

    Maintenance Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Peabody Energy as an intern (less than an year)

    Pros

    Company provided interns with great living benefits and pay for an internship. Also included box seats at a baseball game.

    Cons

    Could have paired interns together for cheaper housing.

  8.  

    Great forward outlook restricted by short term decisions

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

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

    Pros

    Most of the people are excellent to work for and with. Many locations and opportunities, as well as competitive salaries and benefits. The leadership usually has a good outlook on long term development from continuous improvement, market positioning, reserve development, asset management, best practices, etc. Strong safety record and focus on safety.

    Cons

    Constantly shrinking budgets, and increased productivity demands lead to poor short term decisions that often undermine the best long term plans. A flood of mandatory initiatives from multiple directions that are not fully developed, or supported interrupt day to day progress. Demanding work environments and hours can cut into home life.

    Advice to ManagementAdvice

    This is a good company with tremendous potential. Provide greater stability. Take the time to fully develop new initiatives, to ensure implementation is smooth and prevent overlap or conflict to current policies and practices. Assess programs and decisions to ensure they add value to the company. Once a long term strategy is developed, stick with it or reevaluate it, as opposed to making impulse decisions that provide short term financial gain.

    Negative Outlook
    No opinion of CEO
  9.  

    The 21 years has all been very good to me

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Mechanic in Gillette, WY
    Current Employee - Mechanic in Gillette, WY

    I have been working at Peabody Energy full-time (more than 10 years)

    Pros

    this company has not had a lay-off that I ever knew of. When things got hard we may have moved people ,but all continued to have work

    Cons

    The business depends some on the economies. All natural resources can fluctuate and with that comes good and hard times.

    Advice to ManagementAdvice

    don't continue to forget the ones that built this company when the times were hard.

    Recommends
    Neutral Outlook
  10.  

    Safety is pre-eminent with most leaders

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Production Supervisor in Evansville, IN
    Current Employee - Production Supervisor in Evansville, IN

    I have been working at Peabody Energy full-time (more than 10 years)

    Pros

    A leader in the coal industry

    Cons

    Tends to be bureaucratic and centralized decision making

    Advice to ManagementAdvice

    Senior leadership in the corporate office should visit the mine locations and talk/meet with front line employees

    Recommends
    Negative Outlook
    Disapproves of CEO
  11.  

    Stop and go

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Director in Saint Louis, MO
    Current Employee - Director in Saint Louis, MO

    I have been working at Peabody Energy full-time (more than an year)

    Pros

    Plenty of projects to add value to.

    Cons

    Not enough capital to complete or fully fund necessary projects. Severe bear market in company's only product.

    Advice to ManagementAdvice

    If we manage to survive, diversify. Either way, realize that waiting for competitors to fail is NOT an acceptable business strategy.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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