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
2.0
Jul 12, 2018
Recommend
CEO approval
Business Outlook

Pros

There is potential to have a good work life balance and a decent bonus. Pay-scales and PTO are great. Benefits such as the adoption fee compensation/ College reimbursement/ Gym compensation.

Cons

- There are very few decent managers. A number of directors/ managers are promoted without the proper qualifications (i.e. didn't actually work in previous position, no people skills, no proper management experience etc.) - Upper management cut everyone's bonuses and replaced it with an "iDeliver" award that has created hostility among co-workers as most of the individuals who have received it did not earn it fairly. - There is little to no communication from upper management about the things in the company that actually matter. - Month End Close is stressful beyond other typical month end close processes at other companies. - Nothing in SAP works, so 75% of your job is troubleshooting/ requesting enhancements. - Most co-workers are pretty hostile about training, because they want to have job security, so there's a huge knowledge gap on most teams. New hires (people who have been there for 0-3 years) are trying to remedy that, but most managers let older team members get away with murder because they "need" them. - Huge favoritism/ bias towards older team members, even though they refuse to learn new processes and refuse to train. - Many jobs are getting cut to save their budget, so there is very little growth opportunity.

1.0
Feb 24, 2018

Worst employer

Recommend
CEO approval
Business Outlook

Pros

It is located in downtown

Cons

Once ___ took over and focused his efforts on increasing Xcel's stock price Xcel's culture and opportunities disappeared. And no, the majority of Xcel's employees do not receive stock...but Senior Leadership does. Xcel has gone from being an inclusive great place to a cut throat political environment where advancement is not much of an option (this is due to several factors, when someone gets fed up and leaves their position is not replaced, for the most part older Management has already slotted specific individuals to take over for any Management openings, and whatever position is retained after someone does leave isn't hired on merit, but stabing in the back politics). Salaries have not increased at a correlating rate with the culture free fall and the bonus pool is not what it once was.

3.0
Jan 13, 2016
Recommend
CEO approval
Business Outlook

Pros

Stable business, lots of benefits, challenging work

Cons

Idiotic management concepts and competitive (vs. collaborative co-workers)

Viewing 34 - 36 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.