Stone age company, politics not skills. If unionized work here, if salaried look elsewhere. - Senior Financial Analyst Xcel Energy Employee Review

1.0
Mar 20, 2012
Recommend
CEO approval
Business Outlook

Pros

It is a large corporation that will not go bankrupt. If you want an easy ride you can work here for your whole career without having to advance your skills, knowledge base, or learn new technologies. The people are very friendly = best part about working here.

Cons

Too many leaders and too much shuffle. Many outdated software systems that do not sync properly and are not supported by vendors anymore. Bonus, raise, and incentive programs work against the employees; could have a great past year, but if the 1st quarter of the next year is slow on earnings they will cut the past years incentives; a great review = average incentives, ratings, and low raises if any. Healthcare is next to nothing, with the mega-high deducibles. Advancement opportunities are few and far between. Much like working for a stereotypical government function without the benefits and incentives. Might as well work as an independant contractor/ consultant for more money as the benifits are so low and incentives are unpredictable even with a good year of earnings. Work-life balance is nonexistent........plan on bringing your laptop home every night, weekend, vacations, and holidays......they won't support an increase in employee headcount because it is difficult for them to justify an increase in O&M cost to the regulatory committees (even thought the infrastructure of the business is growing exponentially). Ben Fowke as CFO on working over the July 4th holiday weekend, "they are in finance, they know what career path they've chosen "

Explore other reviews about Xcel Energy

5.0
Jun 15, 2026
Recommend
CEO approval
Business Outlook

Pros

Great, Lots of opportunity within,

Cons

You have to drive to downtown Denver

5.0
May 18, 2026
Recommend
CEO approval
Business Outlook

Pros

Standard methods, cloud infrastructure, and reliance on in house staff over contractors makes it very easy to implement safe, fast, consistent changes. You will be valued as a human and you will have a voice within this company. You can make a career here. Your coworkers and immediate leadership are all talented and intelligent individuals who actually know how to do the same work you are doing.

Cons

AI rollout and unevenly applied hybrid work made things difficult for employees with disabilities and those that lived far from office who had traditionally worked remote or for tasks that do not lend themselves well to AI overhead

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