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Headquarters:
231 W. Michigan St.
Milwaukee, WI 53203
Employees: 5,300
CEO: Gale Klappa
Stock Symbol: WEC
Website:
http://www.wisconsinenergy.com
We Energies Career Site
Wisconsin Energy provides electricity and
natural gas to customers in Wisconsin and Michigan.
We Energies is the trade name of Wisconsin
Electric Power Company and Wisconsin Gas Company, the company's
principal utility subsidiaries. We Energies and Edison Sault
Electric Company serve more than 1.1 million electric customers
in Wisconsin and Michigan's Upper Peninsula and 1 million natural
gas customers in Wisconsin. The company also serves about 2,500
water customers in Milwaukee's northern suburbs and about 500
steam customers in downtown Milwaukee.
The company's non-utility businesses include
energy development, recycling and renewable energy, and real
estate development.
In 2005, Wisconsin Energy reported revenues
of $3.8 billion and net income of $308.7 million.
The company has more than $10 billion in
assets.
History
1896 -
The Milwaukee Electric Railway and Light Co. forms to provide
electric, steam and interurban rail service. Covering more than
12,000 square miles.
1938 -
Company changes name to Wisconsin Electric Power Company.
1987 -
Wisconsin Electric restructures, formally establishing Wisconsin
Energy Corporation, and several new subsidiaries including Wispark,
Wisvest and Witech.
1994 -
Wisconsin Energy buys Lake Geneva-based Wisconsin Southern Gas
Co. and merges it into Wisconsin Natural.
1995 -
Wisconsin Natural merges with Wisconsin Electric.
2000 -
WICOR, a Milwaukee-based holding company of Wisconsin Gas, becomes
part of Wisconsin Energy Corporation, creating the largest electric
and natural gas provider in Wisconsin.
Benefits
Business Casual
Employees in many positions may dress in a relaxed style throughout
the week.
Cafeteria
Our downtown company cafeteria is open Monday through Friday
for breakfast and lunch.
Cash Balance Plan (Pension)
Employees receive an annual interest credit and a benefit credit
to a personal account. Lump-sum distributions are permitted when
the employee leaves the company. Employees are eligible upon
hiring and may receive the benefit after 12 consecutive months
of employment and at least 1,000 hours of work.
Credit Union
The credit union offers employees various savings and checking
plans, as well as low-interest mortgage and auto loans.
Dental Plans
Employees may choose comprehensive coverage or a dental maintenance
organization (where available).
Drug Plan
Prescription drug coverage varies depending on medical plan choices.
Fitness Center
Our 24-hour, fully equipped fitness centers at selected company
locations are free to employees and their families.
Flexible Spending Accounts
Employees may set aside pre-tax dollars to pay for qualified
health care and dependent care expenses. New employees are eligible
after 31 days of employment.
Flexible Working Hours
Flexible schedules are available in some departments. Details
are worked out with individual supervisors.
Holidays
These holidays are observed each year: New Year's Day, Good Friday,
Memorial Day, Fourth of July, Labor Day, Thanksgiving Day, Friday
after Thanksgiving Day, Christmas Eve, Christmas Day and New
Year's Eve.
Medical Plan
Employees have a choice of plans that include the option of using
networks of physicians, hospitals and other health care providers
at reduced prices.
Personal Computer Purchase Plan
Employees may apply for a two-year, interest-free loan to purchase
up to $2,000 worth of computer equipment and software.
Paid Time Off
Each year, employees are awarded a number of vacation days based
on holidays, years of service and union guidelines. Paid time
off also may be available for jury duty and non-active military
duty.
Retirement Savings Plan
Employees may contribute up to 20 percent of their income to
an account on a pre-tax or post-tax basis. The company matches
50 percent of the first 6 percent of contributions. Employee
contributions always are vested, but company matching contributions
are vested after one year of employment.
Tuition Refund Program
Work-related courses are reimbursed at 90 percent for an A or
B grade and 80 percent for a C. Full and part-time employees
who meet program requirements are eligible for reimbursement.
Selected non-work related courses are reimbursed at 60 percent.
Variable Incentive Pay Plan
Depending on company, department, team and individual performance,
eligible employees may receive an annual payout of up to 10 percent
of their salary.
Updated February 23, 2006
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