Franklin Energy reviews

3.8

69% would recommend to a friend

(312 total reviews)
avatar

Terry Sobolewski

79% approve of CEO

64% positive business outlook

Franklin Energy has an employee rating of 3.8 out of 5 stars, based on 312 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Franklin Energy employee rating is in line with the average (within 1 standard deviation) for employers within the Energy, Mining & Utilities industry (3.7 stars).

Reviews by job title

312 reviews
2.0
Mar 19, 2022
Recommend
CEO approval
Business Outlook

Pros

You need a job, they're desperate for people.

Cons

Dear Prospective Franklin Employee, I want you to know what you are getting into so you can make an educated choice. First off, if you think you're "giving back" or "being part of the solution" or "saving the planet", just stop right now. You won't be doing any of those things at Franklin. What you'll be doing is keeping a roof over your head and food on the table while you look for a better company. Franklin Energy is private-equity owned. They exist to siphon rate-payer dollars out of their home service territories to line the pockets of wealthy investors. The investors want their money, end of story. Your checks will clear the bank, but if you want raises and promotions you'll be leaving the company like a large portion of the staff has already done. You'll also find your benefits squeezed tighter and tighter because the PE people want their money. Apply here if you've got to get cash flow happening ASAP, they're desperate for people. But don't expect to stay here for long, get in, stabilize your finances, and get out to a better company that doesn't treat their employees like cash machines and expect to balance the books by squeezing the staff harder. Your team will be perpetually understaffed and under resourced (oh, I'm sorry Jim, OVER SCOPED). Do what you need to do to take care of your family and then move on. This is no long term home for good people who do excellent work. PE doesn't want your good work, they want their money.

avatar
Franklin Energy Response
3y
Yes, Franklin Energy, like 15,000 other US companies, is owned by a private-equity group. US private-equity-owned companies employ more than 8 million people and pay more than $600 billion in wages and benefits annually. Franklin Energy has been owned for many years by private equity. During that time, with that private investment, Franklin Energy has had a profound and measurable impact with the more than 100 programs it delivers for our US utility partners. In 2020 alone, our experts served more than 3.6 million customers. Over the lifetime of the water- and energy-efficient measures we installed, those customers will save 20 billion kWh. Also, on behalf of our utility clients, we distributed more than $32M in incentives to low-income customers. Across the US, our programs created local economic activity worth more than $1 billion, fostering some 4,800 jobs outside of Franklin Energy. All told, our work resulted in the reduction of 1,600,000 metric tons of carbon dioxide. Change doesn’t happen overnight. That’s why we’ve been working nonstop for almost 30 years to lower energy costs, reduce carbon and waste, and grow stronger communities and local economies. We are not perfect, but we believe in a brighter future where cities are electrified, energy and water are affordable for everyone, and career opportunities abound. Led by a team of industry veterans, our experts are passionate, ambitious, and dedicated to driving real change. We’re also committed to growing the energy industry as a whole, which is why we prioritize the creation of sustainable career opportunities and workforce development, especially in traditionally underserved communities. Our offices are located across the nation, keeping us in touch with community-level concerns, challenges, and opportunities, helping us grow our impact. And we have fun doing it. Please join us. We are making a real difference.
1.0
Aug 4, 2015
Recommend
CEO approval
Business Outlook

Pros

Great coworkers, great visions of what a company should be , sorry the review is 20 words minimum and i cant think of any other pros

Cons

Outrageous management, over 55 hours every week being salary, the manager quit after two week , underpaid, abused .......this is 2015 .... Hiring agency are lying....and when you tell them you want to quit they drop the bomb on you telling you have to pay all their classes you have to take to become certified , just a useless company

1.0
Mar 13, 2021
Recommend
CEO approval
Business Outlook

Pros

There are some good employees. The founder is a really nice guy.

Cons

Franklin Energy was a very small business started 25+ years ago. The founder is a great guy, who clearly is passionate about the environment (he is no longer involved in the day-to-day operations). Roughly 10 years ago, Franklin was a team of less than 50 employees. At this time, they were bought by a PE firm, who invested a lot of money so they could grow quickly. As they grew (very, very quickly), they promoted from within, instead of hiring executives and senior management from the outside. The problem with this is the company is now run by executives and senior management who have no experience managing / leading, other than their experience at Franklin (which isn't much). The woman who heads up Operations for the entire company (leading 800+ employees) was changing light bulbs in consumers homes 8 years ago; she was hired in as a technician. This might not be an issue if she was competent, however, she is incredibly inept (as well as conniving and all-around, a miserable person who has created a toxic, miserable culture designed to keep her inept inner-circle in place, as to protect her position). Franklin's issues are compounded by their inability to achieve a basic level of mediocrity. The advice I would give anyone considering a job here is to run, in the opposite direction, as fast as you can. No one is happy here and their turnover rate is insanely high.

Viewing 1 - 3 of 312 Reviews

Glassdoor has 329 Franklin Energy reviews submitted anonymously by Franklin Energy employees. Read employee reviews and ratings on Glassdoor to decide if Franklin Energy is right for you.