When it comes to location, the highest average paycheck (around $92K annually) can be spotted in Red Wing; Monticello ($91K), the company's headquarter city of Minneapolis ($81K), and Amarillo (about $71K) are the next top-paying cities. Expected earnings are below average ($51K) in St. Paul, one of the lowest-paid cities. Pay rates in the United States are highest in the state of Minnesota, where they average to approximately $87K per year.
The highest paychecks go to Nuclear Engineers, who earn $92K, closely trailed by Senior Systems Analysts (around $91K), Project Engineers (approximately $74K), and Power Engineers ($73K). Operations Supervisors are among the lowest paid at about $54K.
Years of Experience
Workers who have been with the company for more than one year but less than five can typically make $65K. When we consider tenure, a substantial portion of employees (28 percent) have been working for five to nine years and make about $72K annually.
Certifications and Degrees
Those lacking certification bring in much lower salaries than Project Management Certificate Holders, who make $120K. Salaries typically rise to around $90K per year for accredited Professional Engineer License Holders. It pays to have a Master of Business Administration (MBA) at Xcel Energy, Inc. — these employees make the most at $91K annually.
When it comes to skills, employees who report Nuclear Energy / Nuclear Power among their abilities seem to make the most, reporting a median income of approximately $91K. It's pretty common to find people here who know Project Management; approximately one in five consider it a key competency. Key skills also include Engineering Design, Data Analysis, and Microsoft Excel.
Benefits and Perks
Benefits packages do tend to lack paid time off; Xcel Energy, Inc. gives paid vacation days to 42 percent and sick leave to 18 percent. With an eye toward the future, Xcel Energy, Inc. offers several choices in retirement planning such as a 401(k) plan and a company pension plan. Health insurance is part of the package for the greater part of workers, and for a solid majority of workers, dental coverage is too. Additional benefits of working here are life insurance, tuition reimbursement, and a subsidized cell phone.