Tuesday, December 4, 2018

PG&E Corp.rewards with share growth of 25.7% for this year after destroying many thousands homes

9-1-2018   Sacramento    The ratepayer liability in SB 901 only applies to the 2017 wildfires.  From 2018 onward the law reverts to PG&E paying for liabilities out of shareholders money.  https://abc7news.com/california-bill-passes-pg-e-fire-liability-on-to-customers/4121266/
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  California lawmakers are already working on a bill that could shield Pacific Gas and Electric Co. from any liability. The bill, which appears to be on the brink of being introduced, comes as one estimate of the fire damage puts it between $7.5 billion and $10 billion.      https://www.times-standard.com/2018/11/26/capitol-tracker-lawmakers-working-on-bill-pge-friendly-wildfire-bill/
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 -wildfire damage, just a sample

DECEMBER 4TH, 2018  PG&E Corp is expected to achieve earnings per share growth of 25.7% for this year while share growth projected to touch 5.84% for next year.  http://www.wallstreetinvestorplace.com/2018/12/04/pge-corporation-pcg-to-achieve-5-84-eps-growth-for-next-year/
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PG&E EMPLOYEES REVIEW OF COMPANY:


  1. 2.0

    It's not what you know . . . Manager (Current Employee) –  Sacramento  December 2, 2018
    You guessed it - it's who you know. Management and internal advancement is a "country club". Advancement depends on who you know and your invitation into the club. It is scary of how many Directors and Senior Managers have (a) no management skills, (b) thrive on self glorification, and (c) do not believe in compliance and quality management.

    Some business units have an inordinate amount of directors and senior managers. This company has too many Chiefs and not enough Indians.

    Compensation is average to below average (in context of the hours you put in). Health benefits, however, are remarkable with a few additional benefits such as employee discounts to games, museums and cars (fleet pricing)
    Pros
    Great health benefits, average pay, ability to work remotely  Cons 
    Advancement is difficult, long hours, little recognition
    Advancement is difficult, long hours, little recognition

    1.0

    PG&E is an 20th Century Company with a 19th Century Mindset
    Instructional Designer/Technical Writer (Former Employee) –  San Francisco, CA – November 28, 2018
    Forget all the talk of "Safe, Affordable, and Reliable," The Company Executives and Leadership drive their people to the absolute edge of performance. Whether it is constantly shifting priorities or changing organizational structure, OR, the constant turnstile of contract workers that are treated like dogs, there is no mistaking the real, and salient corruption of the entire organization, from top to bottom! Don't get me wrong: there are some great, sincere people in the Company. But this has shown to be of little significance, when countless numbers of catastrophes continue to happen. There is a sincere dysfunction happening here. I only hope that they can correct course before more of their customer's lives are lost.

    1.0

    IT Professionals should look elsewhere
    Project Manager (Current Employee) –  San Francisco, CA – November 17, 2018
    If you are a driven IT professional you should look elsewhere. You will not be welcome if you are too productive.

    You will not be appreciated if you do good work.  
    IT team unprofessional
    3.0   great $$ bad management
    Operating Clerk (Former Employee) –  CA – November 13, 2018

    this company offers great pay and benefits. On the other hand they have put many supervisors and managers in in positions where they are so disconnected from the actual work their teams are doing....it creates a lot of distrust and mis management of resources.


    the company also continues to make changes to all departments they have downside so much and reallocated permanent employees who know what will be left on this company...all contractors who do sub par work  
    1.0

    Horrible management filled with cut throat behavior
    Journeyman Welder, Foreman (Former Employee) –  Rocklin, CA – October 18, 2018
    Dishonesty, poor communication, horrible work environment and impossible work homelife balance. Travel all the time with unknown return dates to see home. Supervisors will transfer people out of town the first time you disagree with them. They scream safety but have the most unsafe work practices I have ever seen     

    https://www.indeed.com/cmp/Pacific-Gas-and-Electric-Company-(pg&E)/reviews

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