Peabody Energy Reviews

Updated August 17, 2015
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Peabody Energy President and CEO Glenn Kellow
Glenn Kellow
2 Ratings

11 Employee Reviews

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  1. wonderful

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Negative Outlook
    Disapproves of CEO

    Pros

    schedule, time off, great job

    Cons

    pore leadership, need to change the way they do work


  2. Great company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Peabody was a great employer with highly skilled, hard working people. I enjoyed working with literally everyone I came into contact with.

    Cons

    The industry is going through some brutal years and navigating this period is tough. Peabody is one to watch, as coal forms an essential role in the U.S. and global energy mix. If any pure-play company can weather the period ahead, it will be Peabody. I only hope that the company will emerge ready to compete when the markets recover.


  3. Requires Long-term View

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

    I have been working at Peabody Energy full-time

    Pros

    The industry is going through a pressured situation currently, and although Peabody is one of the strongest coal entities in the world, and strongest in the US, it is not immune. In the early 2000's, the company was growing rapidly and very profitable. The challenge was to update systems and processes. The company had a small-company feel, although it was Fortune 500. The growth pressures slowly changed the esprit d'cor, and acquired entities brought new cultures that changed the corporate timbre. Coal will not go away soon, but an employee here needs to take the long view and understand that financial and career rewards are years in the future.

    Cons

    With the addition of new entities, including the last, large acquisition that has proved to be financially and operationally difficult, the culture of the company has become much more somber. Mounting financial losses and high leverage contribute to the declining mood. In the days of high growth, most with aspirations found the ability to move up. Who you knew mattered, but everyone had a shot. With limited opportunities to advance, who you know has become paramount, and advancement is often not clearly merit-based. Benefits, once a big plus, have become average and slip further backward every year. Large bonuses and adjustments to equity compensation to offset declining stock prices occur only at the highest levels.

    Advice to Management

    Transparency and broad buy-in to the strategic and operational view are even more important in the rough times than when things are going well. Doing so requires a sense of fairness to those in lower levels.


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  5. underground electrician

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Underground Mechanic in Evansville, IN
    Current Employee - Underground Mechanic in Evansville, IN
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Great pay, decent insurance, family atmosphere among coworkers only unfortunately, if you are wanting to work, they will let you. As of now it's unlimited overtime to anyone, especially maintenance people.

    Cons

    Company is going down the drain, stock is down to under 4 dollars, and parts are basically non existent. Only 4 of each hydraulic fitting allowed on the working unit at a time. The company is cash poor and it's affecting everyhing, especially maintenance

    Advice to Management

    Treat your employees like they are worth more than the coal that they are mining. You hire a man, you also hire his family. He needs to be responsible for both, not just your stupid hole in the ground and your damn bonus. No maintenance no coal!


  6. Helpful (1)

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

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

    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 Management

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


  7. Great forward outlook restricted by short term decisions

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

    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 Management

    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.


  8. Safety is pre-eminent with most leaders

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Production Supervisor in Evansville, IN
    Current Employee - Production Supervisor in Evansville, IN
    Recommends
    Negative Outlook
    Disapproves of CEO

    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 Management

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


  9. Stop and go

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

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

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


  10. Peabody Energy

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Engineer in Gillette, WY
    Former Employee - Engineer in Gillette, WY
    Approves of CEO

    Pros

    Allows for a good work environment

    Cons

    Compensation for engineers is much less than competition. Their salaries are approximately $10,000 under competition.

    Advice to Management

    Do not micro manage employees. Allow them to do their jobs.


  11. sales manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Manager in Sydney (Australia)
    Current Employee - Sales Manager in Sydney (Australia)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    decent salary and bonus. if you are part of "team" you may have a chance to be considered and move up. if not , good luck.

    Cons

    upper management decisions are not leading company in the right path knowledgeable people are leaving the company.

    Advice to Management

    evaluate better people being appointed to key strategic positions within the company. Use common sense to consider sound candidates and cut somehow the gossip culture and friendship when consider management promotions.



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