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Xcel Energy Claimed Company
Xcel Energy is engaged in the generation, purchase, transmission, distribution, and sale of electricity. read more
Xcel Energy Company Culture
Xcel Energy Culture
This score is derived from employee ratings & reviews2.8/5
Xcel Energy's Overall Culture is rated D+
Top Rated Culture Dimensions
Gender
B-Manager
COffice Culture
CeNPS
CCompensation
C-Xcel Energy CEO
Bottom 25%Bottom 25% of Similar Size Companies on Comparably
Benjamin G.S. Fowke III
61 /100
See More
Diversity at Xcel Energy
Bottom 35%Bottom 35% of Similar Size Companies on Comparably
C-
Diverse employees at Xcel Energy have rated Perks And Benefits, Outlook, and Environment as the highest categories they have scored
Women at Xcel Energy
Top 40%Top 40% of Similar Size Companies on Comparably
B-
Women at Xcel Energy have rated Perks And Benefits, Outlook, and Happiness as the highest categories they have scored
Xcel Energy eNPS
Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"Bottom 45%Bottom 45% of Similar Size Companies on Comparably
Recommend to a Friend?
-9
Xcel Energy employees are -9% more likely to recommend Xcel Energy as a great place to work
| 39% | Promoters |
|---|---|
| 13% | Passives |
| 48% | Detractors |
Working at Xcel Energy
Working at Xcel Energy is rated below average by 136 employees, across various culture dimensions. Xcel Energy employees rate Manager highest among all categories, and think that Professional Development and Meetings have the most room for improvement, putting Xcel Energy’s culture in the Bottom 25% compared to similar sized companies on Comparably and in the Bottom 25% compared to other companies in Minneapolis. See below in detail how working at Xcel Energy was rated by employees.
Overall Company Culture at Xcel Energy
D+
Overall Company Culture at Xcel Energy is rated D+
Last updated months ago
Bottom
25%
Xcel Energy ranks in the Bottom 25% of other companies on Comparably with 10,000+ Employees for Overall Company Culture Score
Xcel Energy Employee Reviews
Out of 100 Xcel Energy employee reviews, 61% were positive. The remaining 39% were constructive reviews with the goal of helping Xcel Energy improve their work culture.
| Positive Reviews | 61% |
|---|---|
| Constructive Feedback | 39% |
Positive Reviews From Xcel Energy Employees
- What did you like most about the interview process?The relaxed environment during the interview
- What is most positive about the culture and environment at your company?Don't know off the top of my head
- What are some of the best things about your team?Always there to help others
Constructive Feedback From Xcel Energy Employees
- What needs to change to make the company culture better?There needs to be some employees removed.
- What does the leadership team need to get better at?Need to manage talent and hold employees accountable who do not perform (presence and understand what their role is and contribute).
- What does the leadership team need to get better at?Caring about employees and what they are going through
Xcel Energy Company Information
Xcel Energy Company Overview
Xcel Energy is engaged in the generation, purchase, transmission, distribution, and sale of electricity.
Xcel Energy Mission, Vision & Values
Xcel Energy Mission Statement
We provide our customers the safe, clean, reliable energy services they want and value at a competitive price.
Xcel Energy Vision Statement
We will be the preferred and trusted provider of the energy our customers need.
Xcel Energy Values
- Ensure safety for ourselves, our coworkers and the public
- Work productively and create a challenging and rewarding workplace
- Treat all people with respect
- Conduct all our business in an honest and ethical manner
- Work together to serve our customers
- Be accountable to each other for doing our best
- Promote a culture of diversity and inclusion
- Protect the environment
- Achieve operational excellence
| Headquarter | 414 Nicollet Mall Minneapolis, MN United States of America |
|---|---|
| Website | xcelenergy.com/ |
| Founding Date | 2000 |
| Tel | 1(800)895-1999 |
| Company Status | Public |
| Stock | XEL |
Xcel Energy Competitors
Xcel Energy competitors include Allete, Entergy, American Electric Power, and Edison International. Xcel Energy ranks 5th in Overall Culture Score on Comparably vs its competitors. See below how Xcel Energy compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.
Culture Video
Xcel Energy Employees
136 employees at Xcel Energy have reviewed Xcel Energy across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.
Overall, the 136 Xcel Energy employees give their leadership a grade of C-, or Bottom 30% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.
Employees at Xcel Energy are not very pleased with their total compensation at Xcel Energy, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at Xcel Energy are not very pleased with their team. 136 Participants grade the quality of their coworkers a C-. Less than half believe the meetings at Xcel Energy are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at Xcel Energy believe the environment at Xcel Energy is positive. Most Participants believe the pace of work at Xcel Energy is extremely fast. About 58% of the employees at Xcel Energy work 8 hours or less, while 6% of them have an extremely long day - longer than twelve hours.
Overall, the employees at Xcel Energy are not very happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
A Day in the Life
A Day in the Life
Xcel Energy employees generally work 9.0 hrs a day
Work Hours
A Day in the Life
Employees at Xcel Energy report the work pace is extremely fast
Work Pace
A Day in the Life
79% of Xcel Energy employees look forward to interacting with their team every day
Coworkers
A Day in the Life
Xcel Energy employees most often take 20-30 paid vacation and sick days each year
Perks & Benefits
A Day in the Life
Xcel Energy employees never get valuable feedback on how to improve at work
Feedback
A Day in the Life
55% of Xcel Energy employees call their work environment positive
Environment
Joining Xcel Energy - Employee Onboarding
The prevailing opinion from employees about joining Xcel Energy is that the company was very prepared on their first day. Xcel Energy employees concluded that their overall onboarding experience was negative. 33% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.
Xcel Energy KPIs and OKRs
At Xcel Energy 100% of employees think their department KPIs and OKRs are clear. Employees’ understanding of Xcel Energy's KPIs and OKRs is essential for its success. Out of 6 Xcel Energy employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 3 have said yes.
Are your company's goals clear, and are you invested in them?
Are the KPIs/OKRs for your department clear?
Xcel Energy CEO & Leadership
Xcel Energy CEO - Benjamin G.S. Fowke III
61 /100
Benjamin G.S.’s approval rate is lower compared to CEOs at similar sized companies, putting Benjamin G.S. in the Bottom 25% of all CEOs of similar-sized companies on Comparably, and in the Bottom 30% compared to CEOs of all other companies in Minneapolis. Benjamin G.S. Fowke III’s employees rank Xcel Energy in the Bottom 45% for Manager, in the Bottom 45% for Office Culture, and in the Bottom 35% for Compensation. Fowke III is generally unpopular with Xcel Energy employees, but ranks especially low with employees in the IT department, and by employees with the company for 2 to 5 Years and employees with 1 to 3 Years experience. However, employees in the Customer Support department have a slightly more favorable view of the CEO. When compared to Xcel Energy’s competitors, Benjamin G.S. Fowke III ranks below both Edison International CEO Pedro Pizarro and Entergy CEO Leo Denault.
Xcel Energy Leadership
The Xcel Energy Executive Team is rated a “C-” and led by CEO Benjamin G.S. Fowke III, Chief Financial Officer and Executive Vice President Robert Frenzel, and Executive VP & Group President of Operations Kent T. Larson
Benjamin G.S. Fowke III CEO / President
Benjamin G.S. Fowke III serves as the CEO / President of Xcel Energy.
Robert Frenzel Chief Financial Officer and Executive Vice President
Mr. Robert C. Frenzel, also known as Bob, has been Chief Financial Officer and Executive Vice President of Xcel Energy... read more
Kent T. Larson Executive VP & Group President of Operations
Mr. Kent T. Larson is Executive Vice President and Group President of Operations, at Xcel Energy Inc. Mr. Larson... read more
Scott M. Wilensky Executive Vice President and General Counsel
Mr. Scott M. Wilensky has been a executive vice president and General Counsel at Xcel Energy Inc. since January 2015 and... read more
Marvin E. McDaniel Jr. Executive VP, Group President of Utilities & Chief Administrative Officer
Mr. Marvin E. McDaniel, Jr., has been Group President of Utilities and Executive Vice President at Xcel Energy Inc since... read more
Teresa Mogensen Senior Vice President of Transmission and President of Xcel Energy Transcos
Ms. Teresa M. Mogensen has been Senior Vice President of Transmission and President of Xcel Energy Transcos at Xcel... read more
Jeffrey Savage Senior Vice President and Controller
Mr. Jeffrey S. Savage, also known as Jeff, serves as the Senior Vice President and Controller at Northern States Power... read more
David Eves President of Public Service Company of Colorado and Director of Public Service Company of Colorado
Mr. David L. Eves has been the President at Public Service Co. of Colorado since November 15, 2009. Mr. Eves served as... read more
Judy Poferl Senior Vice President and Corporate Secretary
Ms. Judy M. Poferl has been a senior vice president and Corporate Secretary of Xcel Energy Inc. since January 2015 and... read more
Xcel Energy Salaries
How much does Xcel Energy pay?
How much do people at Xcel Energy get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Xcel Energy is $116,054, or $55 per hour, while the estimated median salary is $106,796, or $51 per hour.
At Xcel Energy, the highest paid job is a Corporate Counsel at $231,898 annually and the lowest is a CS Rep at $48,382 annually. Average Xcel Energy salaries by department include: Design at $119,818, Business Development at $113,154, Communications at $239,212, and Admin at $50,594. Half of Xcel Energy salaries are above $106,796.
51 employees at Xcel Energy rank their Compensation in the Bottom 35% of similar sized companies in the US (based on 159 ratings) while 50 employees at Xcel Energy rank their Perks And Benefits in the Bottom 35% of similar sized companies in the US (based on 54 ratings).
Salaries contributed from Xcel Energy employees include job titles like Data Scientist, Business Analyst, Operations Manager, and Senior Accountant. Comparably data has a total of 7 salary records from Xcel Energy employees.
Last updated months ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $65k | $65k | 1st Percentile |
17th Percentile $85k | $85k | 17th Percentile |
33rd Percentile $107k | $107k | 33rd Percentile |
50th Percentile $169k | $169k | 50th Percentile |
67th Percentile $232k | $232k | 67th Percentile |
83rd Percentile $268k | $268k | 83rd Percentile |
100th Percentile $299k | $299k | 100th Percentile |
$116,054*
Average Compensation
$106,796*
Median Compensation
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
Xcel Energy Salaries by City
Xcel Energy Salaries by Department
Diversity & Inclusion at Xcel Energy
Diverse employees at Xcel Energy score the company 61/100 across various culture categories, placing Xcel Energy in the Bottom 35% of companies on Comparably with 10,000+ Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at Xcel Energy across various culture dimensions.
Ranked Culture the Highest
Ranked Culture the Lowest
Xcel Energy Perks & Benefits
Health & Wellness
- Dental Insurance
- Health Insurance
Xcel Energy PTO
Xcel Energy's PTO and Vacation policy typically gives 20-30 days off a year with 50% of employees expected to be work free while out of office. Paid Time Off is Xcel Energy's 2nd most important benefit besides Healthcare when ranked by employees, with 33% of employees saying it is the most important benefit. Xcel Energy's benefits and PTO Package averages to represent a less than $500 cash value per month.
Other than healthcare, which of the following benefits is most important to you?
Does your boss expect you to work when you're on vacation?
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?
Xcel Energy Careers
Xcel Energy Jobs
No Recent Jobs found for Xcel Energy on Comparably
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H1B Visa
In 2019, Xcel Energy applied for 4 H1B visas. Of the work permits applied for, 100% were approved.
Work Permit Application Outcome
4
Total Applied
H1B Applications Outcome
- 100% Granted (4 out of 4)
- 0% Denied ( out of 4)
- 0% Withdrawn Application was withdrawn by the employer before approval/rejection ( out of 4)
- 0% Certified-Withdrawn Application was approved but later withdrawn by employer ( out of 4)
This data was calculated using publicly sourced data from OFLC Performance Data
Let Xcel Energy Know You Want To Work There
Overview of Candidates Interested in Xcel Energy on Comparably
Candidates By Department
All Industries | 55% | |
|---|---|---|
IT | 14% | |
Engineering | 14% | |
Sales | 5% | |
Design | 5% | |
Other | 9% |
Candidates By Location
Minneapolis | 55% | |
|---|---|---|
Carnegie | 5% | |
Pittsburgh | 5% | |
Aurora | 5% | |
Oklahoma City | 5% | |
Other | 27% |
Frequently Asked Questions regarding Xcel Energy
What is Xcel Energy address?
Xcel Energy location is at 414 Nicollet Mall
Who is the CEO of Xcel Energy?
Xcel Energy CEO is Benjamin G.S. Fowke III, their score by employees is 61
What is Xcel Energy eNPS?
The eNPS for Xcel Energy is -9
What is Xcel Energy revenue?
Xcel Energy revenue is $11B
What is the salary for General Counsel in Xcel Energy?
General Counsel average salary in the US is 209k
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