Xcel Energy reviews

3.3

55% would recommend to a friend

(1,073 total reviews)
avatar

Bob Frenzel

33% approve of CEO

51% positive business outlook

Xcel Energy has an employee rating of 3.3 out of 5 stars, based on 1,073 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Xcel 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

1K reviews
2.0
Jul 21, 2023
Recommend
CEO approval
Business Outlook

Pros

Lots of opportunities for advancement since decent amount of turnover.

Cons

Remote policy taken away. Bonuses probably suspended. Pay raises rumored to be suspended as well not to mention pay is lower than industry standards.

1.0
Jul 21, 2023

Terrible CEO

Recommend
CEO approval
Business Outlook

Pros

Interesting work, overall good people except senior management.

Cons

Terrible CEO who is super focused on bottom line. Changed the flexible working from home to required office days Tuesday-Thursday. Got rid of performance bonuses to focus O&M cuts. Put in a hiring freeze when teams were short staffed. Xcel doesn’t do anything for its employees due to O&M cuts.

2.0
Jul 21, 2023
Recommend
CEO approval
Business Outlook

Pros

- Really talented and dedicated employees that want to do the right thing - Flexibility to work from home - Pension and 401k

Cons

Leadership continues to make it very challenging to work at Xcel. They cut bonuses to make earnings, on the heels of that have forced employees to return to the office while not saying why even though they acknowledge that productivity is at an all time high (many believe this is to force employees to leave instead of firing people). Leadership constantly talks about strategy while chaos continues and they just bring in another consultant company to "fix" it (where the actual strategy comes from). If you work here you are just a number to leadership as the most prized asset under leaders are FTEs.

avatar
Xcel Energy Response
2y
The well-being and success of our employees is extremely important to us, and we are sorry to hear that your experience has made you feel this way. We value and consider all feedback as we continue to find ways to improve as a company.
Viewing 319 - 321 of 1,073 Reviews

Glassdoor has 1,298 Xcel Energy reviews submitted anonymously by Xcel Energy employees. Read employee reviews and ratings on Glassdoor to decide if Xcel Energy is right for you.