Toxic environment with poor leadership and limited support - Anonymous employee Deriva Energy Employee Review

1.0
10 Apr 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Honestly, I can give no pros at this time.

Cons

This company has had a significant negative impact on my morale and overall wellbeing. I entered this role as a strong performer, but over time the management environment left me feeling discouraged, undervalued, and frequently talked down to in ways that affected both my confidence and my health. There is a consistent perception that leadership and HR tend to support management decisions even when employees raise concerns about toxic behavior. Senior leadership also feels largely inaccessible, with limited engagement or communication with employees outside the management layer. Compensation communication has also been frustrating. Merit increases have been 1.8 percent in back to back years, and advancement opportunities appear heavily dependent on alignment with a direct manager rather than performance alone. When alignment with a manager is lacking, promotion opportunities become limited and bonus outcomes may be affected. Communication around compensation decisions has been especially poor. This year employees did not receive information about bonus outcomes until two days before payout. More broadly, key approvals and decisions are often communicated at the last minute, creating unnecessary uncertainty and making it difficult to plan or feel confident about expectations. Overall, the lack of transparency, limited leadership accessibility, and unclear advancement pathways create an environment that makes it difficult for employees to stay motivated and feel supported in their work

Explore other reviews about Deriva Energy

5.0
13 Apr 2026
Recommend
CEO approval
Business outlook

Pros

- Company gives you opportunity to step up outside of your role (if wanted) - strategic environment with collaborative environment - ability to shape culture - Legacy utility mindset finally being removed, replaced with high performers that are looking to operated in a Private Equity structure

Cons

- Legacy mindset from prior Utility ownership - IT Group could use improvement

1.0
23 June 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

High-profile-looking office with free snacks

Cons

I was a legacy Duke Energy Renewables employee before it was sold to Brookfield and became Deriva Energy. In the two and a half years I spent at Deriva, I witnessed incompetency and toxicity on a level I wasn't aware was possible. Deriva Energy is not an energy company. It is a private equity firm. And, I mean that as the pejorative that it is. The aim, the vision of the company by my account seems to be a race to the bottom. What's the least we can invest in our people, in our infrastructure? What's the worst treatment that they'll tolerate? How many can we afford to watch walk out the door? I saw play out across multiple teams leadership setting unrealistic goals, burning out their talent until they left, and refusing to backfill them until work eventually ground to a halt. Over the course of 6 months, everyone in the org chart between myself and the CEO turned over. I witnessed a director undermine and sabotage the work of the managers beneath them to the point where all of their direct reports quit and an entire department was left without leadership. Executive-level management saw this and refused to step in. I refuse to believe anyone in C-suite cares. I think that's enough to paint a picture of the culture and state of Deriva Energy. If you're considering applying, please do yourself a favor and exhaust all other options before accepting a position here.

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