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      Xcel Energy

      Engaged Employer

      Xcel Energy reviews

      3.3

      53% would recommend to a friend

      (1,073 total reviews)
      avatar

      Bob Frenzel

      30% approve of CEO

      49% positive business outlook

      Ratings by demographic groups

      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
      1.0
      Dec 23, 2023

      Not a good place to work

      Manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      Xcel provides a critical service within the US

      Cons

      Benefits are mediocre at best; for example, there's only ONE high deductible medical plan that requires employees to pay a hefty out of pocket before coverage kicks in. PTO is mediocre with slow accrual. 3x in office required, $20 to park daily as company doesn't pay for parking, office is in Denver which is increasingly becoming more congested and crime-ridden. Management is self serving and narcissistic, does not care about leading and providing direction to staff, very hands off, you will not get feedback or be groomed for growth in the company, no mentorship, not a team player culture, the list goes on. Pay is also mediocre compared to similar roles elsewhere. There is no incentive to make a career at Xcel.

      4.0
      Dec 20, 2023

      Great People but Corporate is Corporate

      Real time analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      Direct supervisors were very kind and wanted you to achieve your full potential Diverse Workplace, accepting of those from all walks of life Mix of teamwork and individual responsibilities Solid benefits that keep the employee's future in mind Opportunity for advancement and strong on the job training

      Cons

      High Deductible insurance plan means you generally pay more in premiums than the plan covers if you are relatively healthy Very strict expense management in recent months that reduced or completely got rid of benefits such as bonuses Minimal Staffing for some departments which limits when and how you can use your PTO Can be stressful due to state regulatory requirements Interdepartmental communication issues can lead to roadblocks Outsourcing many in-house departments which can hurt job security Many leadership positions vacated in recent months on top of additional layoffs and outsourcing Company is profit driven but due to state regulations that inhibit increased revenue, this means that the lever of action used to increase profit is almost always cost reduction

      Viewing 235 - 237 of 1,073 Reviews
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      ReviewsXcel Energy 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.