Work here for a couple years, then go double your salary at a competitor
Pros
- Invenergy hires new grads and folks without renewables experience, so it's a great place to get into the industry. Very young workforce, so lots of social opportunities for new grads. - Even at lower job levels, you will have a lot of autonomy over projects and gain great experience. - It's common industry knowledge that Invenergy employees are overworked and underpaid, so once you have a couple years of experience, you will likely be targeted by recruiters & competitors and have several exit opportunities.
Cons
Where to begin? - Pay is extremely below market rate. Notice how Invenergy has hundreds of open job postings at any given time? It's not because of "growth", it's because they cannot retain employees. Most analysts and associates stay 1-2 years then go work at a competitor for a huge title or salary jump (sometimes 2x). Leadership doesn't seem to realize how competitive the industry has become, or perhaps their strategy is to exploit low-cost labor. You will be overworked and underpaid. - Very limited growth opportunities. Excessive number of levels in the management hierarchy. Promotions are few and far between. - The leadership team is mostly elderly white men who came from the oil & gas industry and have extremely old-fashioned views. They tried to force employees to work in the office full-time at several points during the pandemic. At one point, the CCO was asked why there are no women at the C-level, and his answer was there aren't any women with as much experience as the current executives. Yikes. - Lower level employees do most of the grunt work on projects, while mid and senior-level managers take all of the credit for successes. This is a very common theme. Prepare to not be recognized for your accomplishments. - No "perks." Transit pass? Snacks in the office? The company cannot be bothered to provide even basic amenities. No incentives to come into the office - they just expect you to be there because they told you so. - You will have a lot of headaches caused by excessive turnover. Projects are often passed from employee to employee as people quit, so you will probably spend a lot of time tracking down information that was lost in transition. - Diversity & inclusion is a big problem. I am not BIPOC so I cannot speak to that perspective, but it sure seems like the company leaves D&E work to affinity groups (often mostly BIPOC employees) who are not compensated for the time and energy they spend on these initiatives outside of their normal work. There also seems to be a lot of tokenization going on.
