World Energy Reviews

Updated April 7, 2015
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2.7
7 Reviews
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World Energy CEO and Director Richard M. Domaleski
Richard M. Domaleski
3 Ratings

Employee Reviews

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  1. Excellent Company

    Current Employee - Executive in Newport Beach, CA
    Current Employee - Executive in Newport Beach, CA

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

    Pros

    Creative, Entrepreneurial Environment. Great Offices

    Cons

    Not really too many cons

    Advice to Management

    Not much advice to mgt

  2. Great Company to work for

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

    I have been working at World Energy full-time

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    My peers are supportive and friendly. We all work very well together. The company as a whole has great vision and is consistently making improvements.

    Cons

    I don't really have any challenges. overall I am very happy with this company. As a working adult with a family I find it a great place to work as it provides the flexibility I need.

  3. Management is lacking, upper management ineffective and poor decision making.

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

    I worked at World Energy full-time

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    casual work wear daily, stocked kitchen, nice offices.

    Cons

    Horrible management, from mid to upper. They do not know how to manage people or their resources. Some in management are not qualified and drive employees away. No growth opportunity, no cross training, upper management making large salaries need to be shed. Hypocritical in their management style. Mission statement is shaky at best. They don't value employees, high turnover. Had a great core business and then they went off track purchasing companies that contradict the main core business model. A large majority of everyone's job there is working through the jungle of systems that do not interact and are extremely cumbersome and is a labyrinth of bandaid fixes upon bandaid fix. The separate offices are not united and each run things differently. A very messy disorganized place.

    Advice to Management

    There are insurmountable problems that need addressed. Outsource help and stop taking resources from other areas to cover this, as then a whole new set of problems develop. Make the tough decisions and get rid of ineffective management that are only there because they came with a purchase. People see through the meetings that are always pep rallies without addressing real problems. And employees are tired of seeing athletic accomplishments from 30 years ago as part of a corporate meeting. It's irrelevant, redundant and serves only the ego.

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  5. Company cares more about their shareholders than their employees

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

    I worked at World Energy full-time

    Doesn't Recommend
    Doesn't Recommend

    Pros

    Good benefits - Extensive supplier network

    Cons

    Expected to work excessive hours to meet monthly/quarterly deadlines. No regard for work/family balance and limited opportunity for growth

    Advice to Management

    Interview employees doing the day to day operations to get a better of understanding of the excessive work load and reward employees with more than ACE nominations (internal company recognition)

  6. Solid basic business, but poor leadership

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Market Analyst in Worcester, MA
    Former Employee - Market Analyst in Worcester, MA

    I worked at World Energy

    Disapproves of CEO
    Disapproves of CEO

    Pros

    The company is well position to succeed with its core business of retail sales, and if you stick around long enough some of the higher ups are well compensated.

    Cons

    The decision to go public was terrible. Whereas before the company could have focused on gaining new business and improving margins in its retail sales division, it now has to focus on other initiatives to gain the attention of investors.

    Advice to Management

    Buy back the stock, eliminate the superfluous business lines, and focus on what you do best.

  7. Very good company to get your foot into the door of the energy industry

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Market Analyst in Worcester, MA
    Former Employee - Market Analyst in Worcester, MA

    I worked at World Energy

    Pros

    - Fun / collegial coworkers
    - Fool-proof core product
    - Work directly contributes to bottom line
    - Exposure to larger issues within energy industry

    Cons

    - Poor pay
    - Retail energy brokerage is limited industry
    - No need to be intellectual
    - High Analyst turnover

    Advice to Management

    Need to show attractive career path to Analysts -- no carrot. Location is not attractive to young workers

  8. Needs Seasoned Leadership

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

    I worked at World Energy full-time

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Interesting industry
    Excellent product
    Certain colleagues were great

    Cons

    Executive leadership - they're getting on the job training
    The stock doesn't perform - going public was a mistake
    Culture is primarily one of fear and negativity - starts at the top
    Low pay
    Marginal benefits

    Advice to Management

    Look in the mirror

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