Senior Electrical Engineers earn the highest median pay at $110K annually, followed by Senior Systems Analysts ($92K), Safety Consultants (about $73K), and Plant Supervisors (approximately $71K). Among the lower-paid positions at Xcel Energy, Inc. are Electrical Engineers — the median salary for this role approaches around $65K.
When it comes to location, the highest average paycheck ($92K per year) can be spotted in Monticello, Minn.; the company's headquarter city of Minneapolis, Minn. ($86K), Amarillo, Texas (approximately $85K), and Hobbs, N.M. (around $74K) are the next top-paying cities. Expected earnings are below average (about $57K) in Dallas, Texas, one of the lowest-paid cities. By state, the highest compensation levels appear in Minnesota, where the average salary is $89K annually.
Years of Experience
Those who have five to nine years of work experience see average salaries of $74K per year. Workers who have been with the company for more than one year but less than five can make approximately $64K annually on average. Broken down by tenure, the largest share of Xcel Energy, Inc. employees (30 percent) have 10-19 years of experience and earn $90K per year on average.
Certifications and Degrees
Being a Professional Engineer License Holder certainly has its perks — salaries approach around $106K annually and far exceed the paychecks of those without certification. Bigger paychecks are awarded to Project Management Certificate Holders with credentials; these people earn $105K per year on average. Xcel Energy, Inc. workers who hold a Master of Business Administration (MBA) are also well compensated, earning about $89K on average.
The highest-paying skill to have in this role seems to be Technical Analysis; employees claiming this as part of the toolbox earn a median of $88K annually. A garden variety skill at Xcel Energy, Inc. is Project Management; just under a third of Xcel Energy, Inc.'s people use it regularly. Other top skills include Microsoft Excel, Engineering Design, and Contract Negotiation.
Benefits and Perks
Quite a few retirement plans are on offer at Xcel Energy, Inc., including a 401(k) plan and a company pension plan. A large number of survey participants report having health insurance, and most workers report having dental coverage. Perks also include life insurance, a subsidized cell phone, tuition reimbursement, and a casual working environment.