Xcel Energy Compensation Employee Reviews | Comparably
Xcel Energy Claimed Company
Xcel Energy is engaged in the generation, purchase, transmission, distribution, and sale of electricity. read more
EMPLOYEE
PARTICIPANTS
136
TOTAL
RATINGS
1207
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Xcel Energy Compensation Employee Reviews

What is the best part about your compensation package?

pension is a very good benefit.

retirement and health care compensation

Time away from work, PTO

All of it is great!

Review from Customer Support Dept

the pay is competitive in the market.

Paid Time Off is very generous.

Vacation time And paid time off

Review from Customer Support Dept

Union stability

Why do you feel undervalued and what would make you feel better about your compensation?

I want to be rewarded and compensated for my work and expertise. All hiring and compensation decisions at Xcel are based on who you know rather than what you know and accomplish.

Fair pay for market; no more "duties as assigned"

I hold a contractor position and they refuse to do contract to hire so I just get the same subpar contract renewed after a year.

Salary could be higher; while I have earned beyond my target bonus, my annual raise was only 3%. Doesn't seem like cost of living is taken into account in different markets.

More than a 1% raise after 15 months at the company. A bonus half as large as expected.

have not had a cost of living raise in more than 20 years

Review Sentiment at Xcel Energy

61
61%
39
39%

About Xcel Energy's Compensation

C-
59/100

Where This Score Ranks Xcel Energy's Compensation

BOTTOM
35%

In the Bottom 35% of 1310 similar size companies on Comparably

BOTTOM
35%

In the Bottom 35% of 69 companies in Minneapolis

4th

4th place versus 5 competitors rated on Comparably

51 employees at Xcel Energy score their wages and compensation a C- on average. As a testament to this, when employees are asked “Do you believe you're paid fairly?”, 46% say Yes. The Customer Support department is the most satisfied with their compensation, ranking it 100/100, a full 48 pts above the IT department. If you want detailed data about Xcel Energy's wages, see the <a href="https://www.comparably.com/companies/xcel-energy/salaries">wage breakdown by department, job titles, locations, and more.</a>

Rate Compensation the Highest

  • Department - Customer Support
    +41%
  • Experience - 3 to 6 Years
    +27%
  • Gender - Female
    +14%

Rate Compensation the Lowest

  • Experience - 6 to 10 Years
    -36%
  • Department - IT
    -7%
  • Department - Engineering
    -4%

How Xcel Energy's Compensation Score is Calculated

FILTER RATINGS BY

Results from 51 Employees in All Departments, All Genders, All Ethnicities and All Yrs. Experience Experience

AnswerPercent
Yes46%
No54%
Do you believe you're paid fairly?
AnswerPercent
Yes60%
No40%
Are you satisfied with your Benefits?
AnswerPercent
Yes80%
No20%
Does your company give annual bonuses?
AnswerPercent
Every 6 months or less0%
Every year60%
Every 2 years0%
Every 3 years or more0%
Never40%
How often do you get a raise?
×
Rate your company