Does Xcel Energy pay their employees well?

According to anonymously submitted Glassdoor reviews, Xcel Energy employees rate their compensation and benefits as 3.2 out of 5. Find out more about salaries and benefits at Xcel Energy. This rating has decreased by 3% over the last 12 months.

How satisfied are employees working at Xcel Energy?

55% of Xcel Energy employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Xcel Energy 3.3 out of 5 for work life balance, 3.0 for culture and values and 3.1 for career opportunities.

What are the top reviewed jobs at Xcel Energy?

Project Manager (30) , Engineer (27) , Intern (26) , Customer Service Representative (22) , Manager (20) , Analyst (16) , Director (15) , Engineering Intern (15) , Marketing Assistant (12) , Project Coordinator (11) , Supervisor (9) , Administrative Assistant (8) , Business Intern (8) , Designer (8) , Operations Manager (8)

What are the pros of working at Xcel Energy according to real employee reviews?

"tons of over time and good pay" ((in 116 reviews)); "Pay scale is comparable to other companies and good benefits." ((in 110 reviews)); "Great people and very stable" ((in 106 reviews)); "Many coworkers are great people" ((in 40 reviews)); "Good work life balance for parents of littles" ((in 35 reviews))

What are the cons of working at Xcel Energy according to real employee reviews?

"They were hiring people for senior leadership positions that lasted a day!" ((in 45 reviews)); "Certain upper management." ((in 30 reviews)); "suite No training or professional development strategy or resources for non" ((in 23 reviews)); "Awful culture and want to look for a new opportunity." ((in 21 reviews)); "Had 4 managers quit or change divisions, including 1 that got fired during my tenure." ((in 19 reviews))

What are employees saying about Xcel Energy layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Xcel Energy layoffs and their outlook for job security at Xcel Energy in 2026.

What are the top reviewed Xcel Energy locations?

Denver , Minneapolis , Amarillo , Eau Claire , Saint Paul , Welch , Monticello , Lubbock , Maple Grove , Golden , Henderson , Colorado Springs , Minneapolis-Saint Paul , La Crosse , Roswell , Roseville , Hobbs , Boulder , Fort Collins , Chicago , Ashland , Hudson , Texas City , Burnsville , Red Wing , Arvada , Pueblo , Centennial , Holmen , Madison

Skip to content Skip to footer

Notifications

Xcel Energy

Xcel Energy reviews

3.3

55% would recommend to a friend

(297 total reviews)

Bob Frenzel

33% approve of CEO

51% positive business outlook

Ratings by category

3.5

Diversity & inclusion

3.3

Work/Life balance

3.2

Compensation and benefits

3.1

Career opportunities

3.0

Culture & values

2.7

Senior management

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

297 reviews

Reviews about "Compensation"

Return to all reviews

3.0

Aug 5, 2023

Up and down - good people - challenged leadership

It lead

Recommend

CEO approval

Business Outlook

Pros

Generous Time Off Hard to get fired or laid off Reasonable salary and benefits Good about life events Decent employee culture Diverse ideas are welcomed (even if not always heard or acted upon)

Cons

Conflicting priorities Limited leadership commitment to strategy 1960's style of management Quick to remove employee benefits like bonuses when leadership messes up and share price is at risk in any way They pandered to remote work and then removed it with extremely limited flexibility - despite productivity gains. Leadership unwilling to change, competes directly with each other, lacks spine to support personnel Eroding trust between workers and leadership with current CEO and C-suite No training or professional development strategy or resources for non-union workers.

1.0

Aug 1, 2023

Not valued

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Great direct leadership and coworkers!

Cons

Upper management does not prioritize employee satisfaction highly. Removing the 80% remote option for all employees, continuously threatening bonuses, reducing headcount and not allowing us to backfill positions and holding raises and promotions hostage for months shows the disconnect is getting worse.

3.0

Jul 27, 2023

Zero Change Management

Senior manager

Recommend

CEO approval

Business Outlook

Pros

I like my team and my boss.

Cons

Pay is low compared to peers. Change management sucks. Retirement is subpar compared to the 3 other Fortune 500 Utilities I have worked for. Daily travel allowance is lower than I have had in 20 years (and I am the highest position) $75.

Viewing 85 - 87 of 297 Reviews

Top companies for "Compensation and Benefits" near you

SLB

3.9★Compensation & Benefits

ExxonMobil

3.6★Compensation & Benefits

Chevron

3.8★Compensation & Benefits

Halliburton

3.7★Compensation & Benefits

Jobs at Xcel Energy

1st - 4th Year Apprentice or Journey Worker Electrician - Tolk Station / Plant X - Earth, TX

Veteran General Interest Posting

Temporary Gas Unified Helper - St. Paul, MN

General Plant Helper Repairman - High Bridge Combined Cycle Plant - St Paul, MN