Xcel Energy reviews

3.3

55% would recommend to a friend

(297 total reviews)
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Bob Frenzel

33% approve of CEO

51% positive business outlook

Reviews by job title

297 reviews

Reviews about "Compensation"

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3.0
Mar 22, 2013
Recommend
CEO approval
Business Outlook

Pros

High level of job security, defined benefit pension plan, good health care benefits, and good amount of vacation time per year.

Cons

Lower pay than similar careers in different industries. In the finance area, many groups work mandatory weekends at month/quarter/year end.

1.0
Mar 15, 2013
Recommend
CEO approval
Business Outlook

Pros

Good benefits, great pay and perks...kind of like a golden noose. Don't say anything and you will reap great rewards. If you say anything....you will be hanged.

Cons

I believe the company has issues with upper management and corruption. When this company was run by engineers as NSP, in the 1970's and 1980's, it was a well run company which treated employees with dignity and respect. Xcel is about greed and corruption and portraying a public image while not taking care of the power plants and the rate payer. HR will not not address upper management, even those who pressure women for sex as a means of advancing their careers, as it is a House of Cards. There is NO government oversight and NO regulatory oversight. Xcel is the largest lobbying company in MN and it is a monopoly and now wants a 10.5% rate increase while installing badly degraded parts in safety related equipment at a nuclear power plant, while building a 12 million dollar warehouse for parts which do not exist. Money and government have become one.

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