Invenergy reviews

3.4

53% would recommend to a friend

(414 total reviews)
avatar

Michael Polsky

52% approve of CEO

47% positive business outlook

Invenergy has an employee rating of 3.4 out of 5 stars, based on 414 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Invenergy employee rating is in line with the average (within 1 standard deviation) for employers within the Energia, mineração, utilitários industry (3.7 stars).

Reviews by job title

414 reviews
1.0
Aug 18, 2016
Recommend
Business Outlook

Pros

- Interesting industry. Learned a good amount - Met some smart, hardworking people - Decent happy hours outside of work - Decent Comp and benefits (Good bonus and excellent # of PTO days to make up for slightly lower than market salary),

Cons

- Very political and toxic culture - VERY cliquey- You're either in the "in" group or the "out" group - Very heavy work load, especially in Accounting and Portfolio Finance (Some due to turnover, some due to culture of "get everything 100% right" even if it's not material to do so...spending an hour to find $75 out of a million is not a good use of time) - Overall attitude of "That's not my issue" (Aka, very poor teamwork) - Very little career development for people in the "out" group - Have to be a loud mouthed demanding person who delegates everything if you want to get promoted. - Company posts fake reviews on glassdoor to make company look better than it is.

3.0
Sep 4, 2021
Recommend
Business Outlook

Pros

I've never worked for a company where the people are so willing to put in the time and effort to make things happen. They are truly the reason why this company is successful. The workforce is quite young, and very engaging and ambitious. Poor saps don't know any better...

Cons

Despite the 50+ VPs, there are only about 5 people that have real decision-making power. They love using the word "entrepreneurial", but it's only a buzzword that's used to recruit people that think they might actually be able to make real, value-driven decisions - it's a total farce though. I report to a VP, but I am constantly providing the same updates and info to the 3 VPs above my boss - and their directives to me often conflict with each other. This company "seems" interested in improving the work/life balance, but this campaign obviously takes a back seat to the pursuit of insane, unsustainable growth. Invenergy is a successful company ONLY because the rank and file do whatever it takes to make it so. I'm amazed at how people consistently put in 60hrs/wk for average industry pay (and it's average only if you max out your bonus). I can't count how many 9pm IMs and phone calls I've had with colleagues just because they happened to be working late along with me. And because everyone is willing to put in such an effort, it has become the expectation if you want a chance at moving up.

1.0
Sep 1, 2021
Recommend
Business Outlook

Pros

- Invenergy hires new grads and folks without renewables experience, so it's a great place to get into the industry. Very young workforce, so lots of social opportunities for new grads. - Even at lower job levels, you will have a lot of autonomy over projects and gain great experience. - It's common industry knowledge that Invenergy employees are overworked and underpaid, so once you have a couple years of experience, you will likely be targeted by recruiters & competitors and have several exit opportunities.

Cons

Where to begin? - Pay is extremely below market rate. Notice how Invenergy has hundreds of open job postings at any given time? It's not because of "growth", it's because they cannot retain employees. Most analysts and associates stay 1-2 years then go work at a competitor for a huge title or salary jump (sometimes 2x). Leadership doesn't seem to realize how competitive the industry has become, or perhaps their strategy is to exploit low-cost labor. You will be overworked and underpaid. - Very limited growth opportunities. Excessive number of levels in the management hierarchy. Promotions are few and far between. - The leadership team is mostly elderly white men who came from the oil & gas industry and have extremely old-fashioned views. They tried to force employees to work in the office full-time at several points during the pandemic. At one point, the CCO was asked why there are no women at the C-level, and his answer was there aren't any women with as much experience as the current executives. Yikes. - Lower level employees do most of the grunt work on projects, while mid and senior-level managers take all of the credit for successes. This is a very common theme. Prepare to not be recognized for your accomplishments. - No "perks." Transit pass? Snacks in the office? The company cannot be bothered to provide even basic amenities. No incentives to come into the office - they just expect you to be there because they told you so. - You will have a lot of headaches caused by excessive turnover. Projects are often passed from employee to employee as people quit, so you will probably spend a lot of time tracking down information that was lost in transition. - Diversity & inclusion is a big problem. I am not BIPOC so I cannot speak to that perspective, but it sure seems like the company leaves D&E work to affinity groups (often mostly BIPOC employees) who are not compensated for the time and energy they spend on these initiatives outside of their normal work. There also seems to be a lot of tokenization going on.

Viewing 7 - 9 of 414 Reviews

Glassdoor has 456 Invenergy reviews submitted anonymously by Invenergy employees. Read employee reviews and ratings on Glassdoor to decide if Invenergy is right for you.