Con Edison reviews

3.8

73% would recommend to a friend

(404 total reviews)
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Tim Cawley

92% approve of CEO

68% positive business outlook

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404 reviews

Reviews about "Compensation"

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2.0
May 21, 2014

Operator

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good pay Job Security is good

Cons

Key Performance Indicators are driving management people. They say safety is number one priority but in reality they want you to do whatever it takes to get job done. Benefits are not that great. Not a lot of ability to move, all of the opening are per-selected and it is not really Equal Opportunity. New cost cutting techniques that they use are just in place for upper management to increase their yearly bonuses.

2.0
May 10, 2014
Recommend
CEO approval
Business Outlook

Pros

To be honest, this is probably a dream job for the average person. Base salary for entry-level positions requiring only a high school degree can pay as much $75,000/year; with a little over-time, it's not uncommon to see a data-entry clerk rack up 6 figures a year, and that's in addition to full medical benefits, paid vacations, a pension, company-sponsored 401(k) plans, and quite a few other perks. The best part: As long as you show up for work, you can be borderline brain dead and still not get fired, regardless of your productivity. With a compensation package like that, who needs college; but, if you want to go go college, they'll pay for that, too. So there's really not much for *most* employees to complain.

Cons

The major con regards the hiring process. The company is insanely nepotistic. So if you're looking to get a job there and don't have any inside connections, don't hold your breath. If you are already an employee there and you're trying to move up the corporate ladder, make sure to ingratiate yourself to the right people. At Con Ed, it's not what you know, it's who you know. While there are some other very, very serious cons involving ethical issues, that's beyond the scope of this review, and they really don't have any practical being on whether or not one should consider applying for a job here.

2.0
Apr 13, 2014

Great pay and stability

Recommend
CEO approval
Business Outlook

Pros

Excellent tuition aid program with 100% reimbursement! Great salary with full medical and dental benefits. Union protection as a member of AFL-CIO. Company provides you with the best safety equipment for free!

Cons

Con Ed has become a make a good slary and look for something better place. Vacation time is horrible. It takes 20 years to get 5 weeks vacation. Top pay for a posistion takes 8 years. Medical has become expensive with in-network deductibles and monthly premiums. The morale is in the toilet between management and union after union lockout . The union lost traditional pension in new contract for new employees entering the union. Cash balance system in place now. Management is severly disgruntled and does not support their employees in the field.

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