Operations Managers are awarded the highest paychecks, with compensation nearing about $108K annually on average; Senior Electrical Engineers are next on the list, bringing in close to $101K, followed by Project Managers earning around $87K and Nuclear Engineers making approximately $84K. Accounting Analysts at Xcel Energy, Inc. do not see much in the way of financial compensation and represent one of the lower-paid positions ($54K on average) at the company.
Years of Experience
Those who have five to nine years of work experience see average salaries of $77K per year. The greater proportion of employees (32 percent) report one to four years of experience and bring home median pay of about $65K annually.
When it comes to location, the highest average paycheck ($102K per year) can be spotted in Red Wing, Minn.; Welch, Minn. ($91K), the company's headquarter city of Minneapolis, Minn. ($79K), and St. Paul, Minn. (approximately $79K) are the next top-paying cities. Denver, Colo. is one of the lowest-paid cities, with earnings averaging around $72K. The highest pay by state can be found in Minnesota, where salaries average out at about $82K annually.
Certifications and Degrees
Project Management Certificate Holders receive bigger paychecks ($104K per year) than those without credentials. Becoming a Professional Engineer License Holder can certainly pay off here; those folks make $102K on average. Employees who have a Bachelor of Science in Electrical Engineering (BSEE) make the most here, hauling in $97K annually.
The best-paying skill to have in this role appears to be Operations Management; employees who claim this ability report median compensation of approximately $100K per year. Project Management is a popular skill in the Xcel Energy, Inc. workforce; just under a fourth of those surveyed report putting it to use in their jobs. Microsoft Excel, Data Analysis, and Engineering Design round out the set of key employee skills.
Benefits and Perks
Workers wishing to put aside retirement money are in luck; Xcel Energy, Inc. sponsors various plans such as a 401(k) plan and a company pension plan. A large number of workers have health insurance, and benefits for a strong majority of employees also include dental insurance. Privileges also include life insurance, a subsidized cell phone, tuition reimbursement, and a casual working environment.