Xcel Energy - If you are straight out of college or about to retire this is the place for you | Glassdoor
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There are newer employer reviews for Xcel Energy

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Helpful (1)

"If you are straight out of college or about to retire this is the place for you"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Anonymous Employee in Denver, CO
Current Employee - Anonymous Employee in Denver, CO
Doesn't Recommend
Neutral Outlook
No opinion of CEO

I have been working at Xcel Energy full-time

Pros

Lots of vacation time, easy to move departments, pension, and stability (rarely have layoffs and hard to get fired).

Cons

Catastrophic insurance (single person's deductible is 3000K)-this is ok if you don't have a chronic condition or need insurance, forced to use a mail order pharmacy, no innovation-over half the company is over 50 years old and have been there their entire lives. They have never worked anywhere else. So their attitude is this is the way I have been doing it for 30 years and this is the way I will do it. There are a large amount of people over 65 yeras old. This is ok, except a majority of them do not like to use computers, so everything is on paper. Many of my counterparts just surf the web all day! If you liked to be challenged this is not the place for you. BUT it doesn't matter to the company, because it is paid by the public, whether they have overhead, duplicate jobs, or people who do not provide value. Also, you have to work with people who should be fired. Lower then average pay.

Advice to Management

Update your technology. This will improve your service to your customers (accurate billing) and the people who should retire will. There are too many people riding the gravy train waiting to retire.

Other Employee Reviews for Xcel Energy

  1. Helpful (2)

    "We fear risk and change"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Denver, CO
    Current Employee - Anonymous Employee in Denver, CO
    Neutral Outlook
    Approves of CEO

    I have been working at Xcel Energy full-time (More than 5 years)

    Pros

    Very stable company with little risk of layoffs. Coming from the telecommunications industry in the early 2000's, this felt like a relief for a while, but with the stability comes a lack of appetite for change (and deliberate change can be a very good thing!).

    Cons

    Completely outdated and inefficient technology. We're still using MS Office 2003 (it's now 2013). This means that to exchange files with outside companies, they oftentimes have to save them in old versions (of Word, Excel, etc.) or else we can't read them. The culture around technology seems to be fear-based (fear of cost, fear of vulnerability, fear of people wasting time), which is disappointing.

    There's also a lot of dysfunction at the senior levels without clarity around strategy. We tend to chase the emergency of the day every day, rather than having a clear long-term focus. This can make it very frustrating for someone who wants to feel like they're adding value by coming into work every day. You never have enough time to focus on a longer-term project and really make a difference.

    Finally, there is not a lot of opportunity to move into new roles. Many people get stuck in the same departments (sometimes the same roles) for their entire time at Xcel and have to leave the company for new opportunities.

    Advice to Management

    TRUST your employees to be adults and address individuals who betray your trust individually. Bring in some specialists to cut through the politics and help get everyone aligned so that they're singing from the same song book (so to speak). Then, help the "little guys" get some clarity around what is truly important.


  2. Helpful (1)

    "Energy Supply in Minnesota is corrupt"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Engineering in Welch, MN
    Former Employee - Engineering in Welch, MN
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Xcel Energy full-time (More than 10 years)

    Pros

    Good benefits, great pay and perks...kind of like a golden noose. Don't say anything and you will reap great rewards. If you say anything....you will be hanged.

    Cons

    I believe the company has issues with upper management and corruption. When this company was run by engineers as NSP, in the 1970's and 1980's, it was a well run company which treated employees with dignity and respect. Xcel is about greed and corruption and portraying a public image while not taking care of the power plants and the rate payer. HR will not not address upper management, even those who pressure women for sex as a means of advancing their careers, as it is a House of Cards. There is NO government oversight and NO regulatory oversight. Xcel is the largest lobbying company in MN and it is a monopoly and now wants a 10.5% rate increase while installing badly degraded parts in safety related equipment at a nuclear power plant, while building a 12 million dollar warehouse for parts which do not exist. Money and government have become one.

    Advice to Management

    Energy Supply MN needs a complete overhaul!

There are newer employer reviews for Xcel Energy
There are newer employer reviews for Xcel Energy

See Most Recent

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