Xcel Energy Reviews | Glassdoor

Xcel Energy Reviews

Updated July 18, 2017
40 reviews

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2.0
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Xcel Energy Chairman, President & CEO Benjamin G.S. Fowke III
Benjamin G.S. Fowke III
15 Ratings

40 Employee Reviews

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Pros
  • The pay and benefits are satisfactory to a point (in 14 reviews)

  • Good pay, excellent benefits, low cost and excellent health insurance (in 27 reviews)

Cons
  • Long hours, weekends - work life balance not great (in 6 reviews)

  • Not many full time openings for recent grads (in 10 reviews)

More Pros and Cons

  1. "Bad Direction"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Xcel Energy full-time

    Pros

    The company has great benefits. The costs are starting to rise however.

    Cons

    The company is not valuing current employees. It wants to be a progressive, innovative company but you are a utility in a semi-monopolistic environment.


  2. "Xcel Energy - Contractor review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Senior Management
    Current Contractor - Anonymous Contractor
    Current Contractor - Anonymous Contractor
    Doesn't Recommend
    Neutral Outlook

    I have been working at Xcel Energy as a contractor

    Pros

    Large company IF you could become employee but that is difficult.

    Cons

    Major changes going on within company including cutbacks. Contractors are treated as 2nd class citizens with little to no respect! However they are always expected to go above and beyond to successfully complete task.

    Advice to Management

    Remember who is successful in completing task and acknowledge them no matter what their employment status is! Everyone deserves respect!

  3. Helpful (3)

    "Poor ethics"

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

    I worked at Xcel Energy full-time

    Pros

    If you are the type that is lazy you will get along great with management.

    Cons

    Ethics and Values of management are not cost efficient. The company supports employees wasting their time, coming in from working out in the field only to sit till it's time to leave at the end of the day. They do not encourage hard work, therefore many employees take full advantage. There is much wasted money that the customers have to pay for with rate increases.

    Advice to Management

    Take a look at who is really working hard and acknowledge those employees. Listen to the employees who truly are an asset!


  4. Helpful (11)

    "Company loyalty"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Foreman in Denver, CO
    Current Employee - Foreman in Denver, CO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Xcel Energy full-time (More than 10 years)

    Pros

    It's a paycheck for 36 years.

    Cons

    High deductible health care, removing medical coverage for retirees even though ceo made 22 million and received a 25 percent raise. Plays favorites between departments. All problems laid on the workers backs.

    Advice to Management

    Quit the hypocrisy . Why do you need to eliminate the working class in this company and steal so much for your self? Why are you so much more valuable than us? I've been here 36 years and will leave stripped of ANY benefits. I heeded the call when YOU needed it , now where are you when the call goes the other way? The structure of this company was NOT set in place by management alone but by the employees that worked to build the gas and electric lines and maintain them.


  5. Helpful (6)

    "Finance Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Denver, CO
    Former Employee - Anonymous Employee in Denver, CO
    Doesn't Recommend
    Disapproves of CEO

    I worked at Xcel Energy full-time (More than 3 years)

    Pros

    Financial stability of the company and job security (regulated industry)

    Cons

    Corporate culture is very negative and stale. Because of the pension (not applicable to new hires) mediocre performers stay in the company for their entire career stewing over decade-long conflicts. The company is insanely political - to be promoted and (most importantly) retain your ground one needs to be aligned with powerful advocates all the way up the chain. The political wind often change as the company go through at least one reorg per year in order to divvy up the empire based on the flavor of the day i.e. who are the most powerful favorites and their cronies. It is also very backward company in terms of technology, workforce diversity and promoting minorities. The fairy tales they tell you on their website are exactly what they are - fairly tales.


  6. Helpful (1)

    "Stable, yes."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Marketing in Denver, CO
    Current Employee - Marketing in Denver, CO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Stable industry, great people, great location, good PTO and 401k packages. That's about it.....no real room to grow and they do reorganizations instead of fixing true problems.

    Cons

    Although stable, Xcel Energy is not competitive with their salary packages. I work full time, and can barely make ends meet.

    Advice to Management

    Take care of your talent, internally... hey will take care of you. Upper management gets all the salary percentages, while employees struggle to live.


  7. "Growing Pains"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Anonymous Contractor in Minneapolis, MN
    Former Contractor - Anonymous Contractor in Minneapolis, MN
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Xcel Energy as a contractor (More than a year)

    Pros

    This is a unique industry that has a ton of opportunity moving forward. The day-to-day can be a bit mundane, but progressive thinking people will be allowed to create a new business environment.

    Cons

    People lack motivation to make changes. The regulated utility atmosphere removes incentives for employees to work really hard. As a contractor, most people treated me as inferior to their full-time employment status and made it quite difficult to work on projects with them. Don't think of contracting as getting your foot in the door. All organizations are in silos with little interest to work together, and leadership doesn't try too much to integrate.

    Advice to Management

    Communicate and share! I've never worked at a company so afraid to just sit down, talk, and provide feedback to their teams. You have such great, young minds joining and interested in making a difference. Allow them the opportunity to! Provide leadership opportunities! Rotational positions! Without a little risk, you'll never reap the huge upside rewards.

  8. Helpful (1)

    "Scheduler"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Amarillo, TX
    Former Employee - Anonymous Employee in Amarillo, TX
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Xcel Energy (More than a year)

    Pros

    Some good people work there, okay online learning available but may not be allowed to take course if not in your work sphere.

    Cons

    Too many unappreciated Contractors working for company, none get paid time off or holidays though Interns do.


  9. Helpful (1)

    "Communications Consultant"

    StarStarStarStarStar
    • 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

    Pros

    Benefits are great, pay is above average.

    Cons

    Long-term, strategic management is lacking which results in repeated reorganizations. Leadership for Corporate Communications is less than desirable.

    Advice to Management

    Evaluate performance of managers and directors and take action to reward actual productivity.


  10. "Turth about xcel energy from an insider"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Nothing really except I don't work there anymore.

    Cons

    They hire contractors and will have people on for years with no benefits, pay increase etc. They are very corupt my manager told me they didn't have any money in the budget but gave 50 K away to a bid they loss. Honestly probably the most corupt place I have ever worked and they have super high turnoever. In my department in one year we had over 70% turnover because they do not treat the employees right.

    Advice to Management

    Stop using your employees and treat them right.


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