AEP Energy reviews

3.3

53% would recommend to a friend

(101 total reviews)

Nick Akins

54% approve of CEO

48% positive business outlook

AEP Energy has an employee rating of 3.3 out of 5 stars, based on 101 company reviews on Glassdoor which indicates that most employees have a good working experience there. The AEP Energy employee rating is in line with the average (within 1 standard deviation) for employers within the Energy, Mining & Utilities industry (3.7 stars).

Reviews by job title

101 reviews
1.0
Oct 24, 2017

Unchecked Nepotism

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The office location is not bad at all. The liberal vacation policy means you can take weeks and weeks off.

Cons

Unchecked nepotism. In Chicago this is something we are used to - politicians employing relatives regardless of qualifications, extending favors to campaign donors at the expense of progress, quid pro quo, etc. While it’s the executive leadership’s prerogative to manage the business this way, it doesn’t optimize anything. In fact, it detracts from what could be a more successful business. Not only does this approach cause waste, it permeates the culture. Akin to what happens in Russia, just think as the executive leadership here as the elite oligarchs that want to maintain power no matter the repercussion to society. I witnessed the Chicago office crumble under this management style - other executives that did not agree with this approach no longer work there, employees that spoke out against treatment of the business no longer work there, and what you have left is a brow-beaten staff that is managed by executives that prefer a “no questions asked” culture. The worst part is that they then create a façade that promotes an open dialogue, an innovative atmosphere, and a career track. This is great for employees just out of school or are still nascent in their career and may not have had experience working in other corporations and buy in to this. Director roles and above are usually held for people that have some type of relationship to the executives. Likewise, the executive leadership mostly consists of people who have been employed by the parent company for years. In short, if you’re not a part or do not play along with the politics of the top inner circle, you’re lifespan at this place is limited. Gross incompetence and mismanagement ideally leads to repercussions, but when your supervisor is also a long time friend or family member, repercussions seem to not happen or are limited within this philosophy. Rather the repercussion within this format is to simply “move” that person elsewhere while still maintaining employment. Again, we expect this within the public sector and no doubt this is an approach that any company can implement but that doesn’t mean we need to participate.

1.0
Jun 20, 2017

IL Office Employee

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

ROWE environment , only applies to certain departments NOT ALL.

Cons

Mgr FAVORITISM . Severe management INCOMPETENCE, mediocre performance is rewarded. Compensation severely below scale.

1.0
May 23, 2016

Not The Best Experience

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The office is located in a part of downtown Chicago that has access to plenty of restaurants and drinking establishments. The liberal vacation policy is nice but also allows the business to escape the need to pay for unused vacations days in the event that an individual decides to resign, see comment on the attrition rate. This is actually a neutral comment but there isn't really a place to insert with this format - after only a year or two being employed some people become managers or directors or are simply moved from department to department. This is mostly an effect of attrition combined with desire to not increase labor expenses. At times this works out for individuals or teams that are ready to advance or for employees that want to try something new; however there is also the risk that people are advanced before they are ready or are put into positions that don’t follow suit with career desires, which can lead to ineffective contribution to the business.

Cons

The parent company is in the middle of an identity crisis. The utility parent decided to buy a retail electric company back in 2012 in defense to what was occurring with electric re-regulation in OH. While it was good to see a traditional monopoly structure step out and get involved in electric choice, the now vocal utility parent is showing desire to roll back the restructuring clock in order to achieve a regulated rate of return on their aging generation fleet. This threatens not only the continued progress of electric choice (and free market principles) but also cascades into their retail electric subsidiary via the items below. The attrition rate is excessive. This may have to do with a mostly unhappy office culture (low morale) and the salaries offered for certain positions. The attrition rate is recognized but is then trivialized by leadership to the point that no real action is taken. For prospective team or department managers: this is a real issue that may affect your ability to succeed. It is difficult to attain objectives when you constantly have to deal with turnover. The leadership approach is top-down command and control. While this is a prerogative reserved for those at the executive level, the approach isn’t so great when it comes to fostering a trusting environment, which then bleeds into the office culture. Though corrections are attempted to become more transparent and engaging, the damage is done and subsequent actions seem disingenuous. Examples like asking people for input after a decision has been made to make them feel like they are influencing business direction or dismissing advice because it doesn’t align with desires is counterproductive and cavalier. As a result of this identity crisis the company finds itself in a situation in which the leadership isn’t quite sure how to manage the expectations of its employees. It’s difficult to put the blame solely on the executive leadership when the parent isn’t clear on the long term strategy for the subsidiary. Since this is a business and people have marching orders it does make sense that labor costs are kept at a minimum and soft items like office culture aren’t a top priority. However, when leadership attempts to portray the company as something different than what can be gleaned from the press or investor calls the messaging is confusing and affects the way the employees perceive the company and the leadership.

Viewing 4 - 6 of 101 Reviews

Glassdoor has 114 AEP Energy reviews submitted anonymously by AEP Energy employees. Read employee reviews and ratings on Glassdoor to decide if AEP Energy is right for you.