Xcel Energy reviews

3.3

53% would recommend to a friend

(1,072 total reviews)
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Bob Frenzel

30% approve of CEO

49% positive business outlook

Xcel Energy has an employee rating of 3.3 out of 5 stars, based on 1,072 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
1.0
Dec 15, 2023

Foundering ship heading toward rocks

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

You may get a paycheck if the software works Have more than enough work to keep busy Many coworkers are great people

Cons

There are 2 companies here. One is the management levels including the ineffective and overpaid c suites. They have grandiose ideas about how everything will be awesome and great while the company is failing. The other portion is the people who actually do work who pay for the horrible leadership from above. Just this year hiring “pauses” were enacted for the line workers while we hired directors and above for downtown. The budget was cut multiple times because we are not meeting stock targets. Not that we didn’t make money, we didn’t make enough. Then we get recognition programs suspended because they cost money. Late this year was a layoff of 2% of the company that was a huge surprise. This layoff sent the already low morale basically to rock bottom. Now non union employees are fearful for their jobs as the executives keep saying we are going to restructure for more efficiency and to be nimble. It’s obvious they have some Lean consulting group telling them this stuff and that they will make us more productive by forcing us to do more. Do more with less isn’t being said but it’s expected. Many personnel haven’t been paid properly since the rollout of new pay software and the company hasn’t corrected it yet after more than six months. Pay here is not as competitive as what they tell you either. They cherry pick data and then tell you what they want you to believe. Do not work here as a salaried employee. Don’t. You are an infinite resource that gets no overtime and can be used and abused which many are. If you work here get in the union which can protect you from the whims of executive management. The C suite management here has driven the actual company that does work to the brink of failure with their bad decisions and focus solely on the stock dividend because it directly affects their bonuses. Money drives every decision and every policy. There are 2 things the executives care about, the stock price and the company public image. They give lip service to how hard it was to lay off people and how they understand how we feel in emails and the all hands meetings but they have lost the trust of the workers which may never be restored. Most employees are now just working for a paycheck if the system decides to pay them this week. The dedicated employees have been burned out and broken by the mismanagement of the company so they do the minimum. That coupled with the large loss of headcount over the last few years have made it difficult to accomplish the work just to keep units running. Executive management is constantly shoving the new software solution to not having enough staff down our throats with little to not training. SAP was a great example. Now we have HR software that messes up pay and none knows how to operate but it is going to save us person hours and so much money. Just another example of how the top decides how the bottom should work. Not surprising when you look at the upside down pyramid org chart with a huge number of executives for what is not a big company. I used to enjoy coming to work and now I feel like a dog being dragged to the vet everyday I walk in the doors. The constant worry about being eliminated is also a weight that many are carrying. Many of my coworkers are actively searching to get out of the company as fast as they can or trying to get into the union.

2.0
Feb 5, 2019

It's OK...For a Minute

Recommend
CEO approval
Business Outlook

Pros

Benefits are reasonable, if you don't mind a high deductible. You'll learn a lot about how to navigate the painful nature of a corporate environment. You can wear jeans depending on where your office is.

Cons

This place is so corporate that it is stifling. Good leaders who hold under performing employees accountable won't last. Over performing employees will get tired of it and leave. Directors who micromanage, set hours, require mandatory overtime, etc. all make Xcel an unappealing choice in a state full of companies who offer flex time, work from home and other options aligned with the year 2019 instead of 1950. Lip service is great, but employees at Xcel are just numbers, particularly in the back office. Lots of overlapping projects with lack of communication and an exceptional knack for making things chaotic. Lots of unnecessary travel to Minnesota when a conference call would suffice. Outsourced IT is a joke. Onboarding new employees is painful. By the time Xcel is done with the background check, many candidates have found other opportunities.

1.0
Dec 27, 2018
Recommend
CEO approval
Business Outlook

Pros

I can’t think of any to be completely honest.

Cons

They treat their employees horrible & sweep stuff under the rug rather than taking care of the root cause. The Ins is horrible & wages are decent

Viewing 31 - 33 of 1,072 Reviews

Glassdoor has 1,297 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.