Pepco Holdings Reviews

Updated August 19, 2014
Updated August 19, 2014
42 Reviews

3.1
42 Reviews
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Pepco Holdings President and CEO Joe Rigby
Joe Rigby
22 Ratings

Employee Reviews

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  1. 1 person found this helpful  

    No better, no worse than any other place to work

    • 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

    I have been working at Pepco Holdings full-time for more than 5 years

    Pros

    Stable employment in a bad economy

    Cons

    Mid-level management is poorly trained and their technical skills are antiquated, managers are also weak so they will not fire a bad employee, people can spend an entire career at the company doing nothing

    Recommends
    Neutral Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    Great place to work, but salaries aren't that great.

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

    I worked at Pepco Holdings

    Pros

    Some good people there. Good place to work and retire.

    Cons

    Too many meetings, too many locations, too many people in charge that don't know what they are doing and are put there based on who they know, not what they know.

    Advice to ManagementAdvice

    Keep the good people who know their job and reward them.

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    Hello? Is this on? Hello? Hello?

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Pepco Holdings as a contractor for less than a year

    Pros

    The few people with whom I interacted were very pleasant.

    Cons

    The few people with whom I interacted were very pleasant...when they were interacting. The organization seems to lack exactly that: organization. Because of this, communication on projects ranges from sporadic to non-existent - with no feedback, etc., there is no way to gauge if you are satisfying the manager's/company's needs on a project or projects. It seems that there is always one "fire" after another that is in need of extinguishing by management, leading to multiple "I'll get back to you" e-mails that are never followed up on - or, as in my case, ultimately no communication at all. It's very strange to be invited on board and then left sitting on deck by yourself wondering where everyone went.

    Advice to ManagementAdvice

    Organize, organize, organize...communicate, communicate, communicate. It is as simple as that. When you accomplish those two goals, your employees are in a better position to accomplish theirs - and to help make your company successful.

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  5.  

    Overall, Pepco is a solid utility company. It has solid financial performance if not strong.

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

    I have been working at Pepco Holdings full-time for more than 3 years

    Pros

    Pepco provide good benefits. It's one of the few companies in US still has employee pension plan. It also has 10 holidays. For employee work more than 30 years, they can get up to six weeks vacation.

    Cons

    As job is stable in Pepco, employees here also lack of incentives to achieve suprior performance. I am not too impressed by most people here.

    Advice to ManagementAdvice

    Management should have a fair system set up to promote employee based on their actual performance not on their seniority.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6.  

    Mind numbing and excessive corporate politics.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Applications Analyst II  in  Newark, DE
    Current Employee - Applications Analyst II in Newark, DE

    I have been working at Pepco Holdings full-time for more than 5 years

    Pros

    Really good benefit package.
    Possible opportunities to innovate in a stagnant industry.
    Longterm company stability.

    Cons

    Management makes decisions based on corporate politics.
    That leads to really mind numbing, monotonous and inefficient daily tasks.
    IT is treated as a glorified help desk rather than a business enabler, and is run mainly by MBA style managers rather than relevant IT Leaders.

    Advice to ManagementAdvice

    Go back to school and learn how to lead developers teams and projects.
    Create a chief architect role/position to standardize and organize the insane amounts of disparate systems implemented within the company.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7.  

    Lack of management within the tax department

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

    I worked at Pepco Holdings full-time for more than 3 years

    Pros

    Good benefits (likely due to unions within the company). Free parking in the Wilmington location.

    Cons

    Director and managers were more interested in the personal lives of their employees than the actual work being performed which ultimately lead to the dismantling of the group.

    Advice to ManagementAdvice

    They should have to pay me for my advice!

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  8. 1 person found this helpful  

    Great!

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

    I worked at Pepco Holdings as an intern for less than a year

    Pros

    Legal department is great to work for. Lots of things to do.

    Cons

    Some work can be boring or tedious.

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    life with pepco

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

    I have been working at Pepco Holdings full-time for more than 5 years

    Pros

    They care about employees. THere is a system set in place to make it easy for employees to move up within company.

    Cons

    Lack of accountability. The pay given to engineers can be higher. Most companies in the same industry pay more

    Advice to ManagementAdvice

    Less money to executives and more money for employess

    Recommends
    Positive Outlook
    Approves of CEO
  10. 3 people found this helpful  

    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

    I have been working at Pepco Holdings full-time for more than 3 years

    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
  11.  

    Interview with company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Control Room Operator  in  Wilmington, DE
    Current Employee - Control Room Operator in Wilmington, DE

    I have been working at Pepco Holdings full-time for more than 10 years

    Pros

    Good work experience with burning different fuels

    Cons

    Exposed to different weather conditions

    Advice to ManagementAdvice

    None

    Recommends
    Neutral Outlook

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