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

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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

Dec 13, 2013

As with all companies - some good, some bad

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Good pay, great PTO, some business units are great

Cons

A number of business units haven't a clue!

3.0

Oct 29, 2013

Never a dull moment in nuclear

Performance assessment coordinator

Recommend

CEO approval

Business Outlook

Pros

Nuclear is challenging but very structured if you like procedures rules etc Pay is relatively good compared to non nuclear but appears to be less than other utilities around the USA.

Cons

Work life balance suffers for some jobs (leadership, engineering,...) Not much for employee appreciation or recognition Human resources is slow to hire

2.0

Oct 15, 2013

Poor Leadership Development

Director

Recommend

CEO approval

Business Outlook

Pros

Xcel Energy offers competitive salaries and great benefits, and probably a little more job security than a lot of other companies. At the management level, they have a good annual incentive plan that paid out at least 100% every year of my tenure except one. They provide decent opportunities to train and learn within the company.

Cons

Xcel does not do a good job of providing cross-training opportunities to create future leaders of the company. As a result, employees tend to get pigeonholed into certain departments or specialties, which makes it hard to move into higher level positions within the company - assuming you would want to. Executive team decision making is slow and ponderous, with many missed opportunities due to an inability to get sign off in time.

Viewing 280 - 282 of 297 Reviews

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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

Administrative Assistant IV