Pros
Benefits and work hours. The pension is a nice plus. Three years ago I would have sung AEP’s praises about what a wonderful company it is and how much I love it there.
Cons
The new CEO and his boardroom buddies are handily destroying all of the things that made working for AEP worth it. We make markedly less money than the going rate for equivalent positions. We’ve been mandated to return to office 5 days a week despite insufficient facilities across the opcos and great performance while hybrid. The ICP bonus that used to be dependable and help make up the salary discrepancies has been gutted despite an increase in profits. Shareholders got an increase in their dividends but the majority of employees (aka the people who actually do the work here) haven’t gotten more than a 2% raise in years. We make proportionally less money now than we ever have and it’s clear that the board’s intention is to reduce census and drive employees out to see how little they can spend on staffing while they line their own pockets. Morale is the lowest I’ve ever seen it by a long shot.