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2019-06-14 00:00:00.0

Xcel Energy recognized as a top military veteran employer

Company recruits veterans, provides support in the workplace

Minneapolis (June 14, 2019) — As the nation recognizes Flag Day, Xcel Energy is proud to be named to the 2019 Military Times Best for Vets Employers rankings, the sixth straight year the company has received this honor.

“We appreciate the sacrifice that our veterans and their families have made to ensure the safety and security of our nation, and it’s an honor to have these men and women in our workforce,” said Ben Fowke, chairman, president, CEO, Xcel Energy. “Our veterans bring leadership, teamwork and experience to the job and their dedication and passion for service deliver value for our customers every day.”

Xcel Energy set a goal in 2013 to have 10% of new hires be veterans and the company has reached that goal every year. Xcel Energy currently employs more than 1,000 veterans, nearly 10% of its workforce.

Xcel Energy’s commitment to veterans extends beyond hiring them. Once on the job, an employee resource group helps veterans succeed by providing mentors and networking resources. Xcel Energy’s network of support services for veterans and active military is part of its longstanding commitment for diversity and inclusion in the workplace.

In addition to its programs for hiring and retention, Xcel Energy does business with more than 140 veteran entrepreneurs and provides outreach to veterans groups in the communities it serves.

An unprecedented 200 companies submitted complete responses to the rigorous 91-question survey that is used to decide the Best for Vets Employers ranking. A total of 132 employers made the list, of which 113 were for-profit companies and 19 were government and non-profit organizations.

In their 10th year, the Best for Vets: Employers rankings evaluate companies’ culture, veteran recruiting, veteran policies, and accommodations for members of the National Guard and reserves.

Military Times invites organizations from across the country to fill out its survey, tests to ensure the accuracy of responses, carefully evaluates survey data and includes only the best companies in its published rankings. The standards are objective, rigorous, and editorially independent. As a result, transitioning service members recognize them as the most trusted veteran job rankings and have come to rely on Best for Vets Employers to aid their transition to civilian life.

 

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About Xcel Energy
Xcel Energy (NASDAQ: XEL) provides the energy that powers millions of homes and businesses across eight Western and Midwestern states. Headquartered in Minneapolis, the company is an industry leader in responsibly reducing carbon emissions and producing and delivering clean energy solutions from a variety of renewable sources at competitive prices. For more information, visit xcelenergy.com or follow us on Twitter and Facebook.

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