Find out what works well at Bruce Power from the people who know best. Since its creation, Bruce Power has successfully restarted all four Bruce A reactors. Unit 1 at Bruce A is shut down and placed in layup by the former Ontario Hydro. Our Fair Pay score for Bruce Power Inc. is 3.5. Over 35 years. Winter in the Bruce county area. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. The people are mostly highly educated and in general friendly and willing to help solve any issues. 2, Tiverton ON,N0G 2T0 Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. Learn more at www.brucepower.com and follow us on Facebook, Twitter, LinkedIn, Instagram and YouTube. Mike Renchecks leadership in guiding Bruce Power and supporting local communities through the COVID-19 pandemic has earned the companys President and CEO with the Ontario Business Achievement Awards (OBAA) CEO of the Year honour for 2020. The Saugeen Ojibway Nation and Bruce Power sign an agreement to jointly market new isotopes, creating new economic opportunities within the SON territory. Uncover why Bruce Power is the best company for you. Salary information comes from 34 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. Her employment contract states shes entitled to a full twelve-month severance package, but she says Dobie wont or cant pay up. However this last poll only had three small sponsors, and those were from members of the Power Poll. President and CEO Duncan Hawthorne announces his retirement after 15 years at the helm of the company. Our Fair Pay score for Bruce Power Inc. is 2.67. In 2008, Bruce Power applied for a licence to build a nuclear power plant at Cardinal Lake. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. The Lu-177 will be processed by a partner ITM Isotope Technologies Munich SE (ITM) and marketed with its partner Saugeen Ojibway Nation under the name Gamzookaamin Aakoziwin.[8], Bruce Power was founded as a Limited Liability Partnership in 2001 between British Energy (82.4%), Cameco Corporation (15%), Power Workers' Union and The Society of Energy Professionals. You may wonder, just how does the Power Poll Operate? We are powered by our people. Speaking to the Empire Club of Canada earlier this month, Rencheck unveiled the companys Net Zero 2050 strategy to help Canada eliminate greenhouse gas emissions by 2050. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc, Ask anonymous questions on Fishbowl and get real time answers from Ontario Power Generation and Bruce Power employees and others in your industry. Bruce Power Salaries How much do Bruce Power employees make? Mike Rencheck is President/CEO at Bruce Power LP. "Work life balance" was the most mentioned, "Pay and benefits" was the most mentioned, Read more Ontario Power Generation reviews (807), Junior Cyber Security Analyst (Contract - 12 months), Instrumentation & Control Technician (Contract up to 2026), Civil Maintainer - Insulator Term (Contract up to 2026). Compare pay for popular roles and read about the team's work-life balance. The current Bruce Power Proposal would provide a 2% increase in wages on January 1, 2022 in addition to any COLA increase and an additional 2% on January 1, 2023. On 3 December 2015, Bruce Power president/CEO Duncan Hawthorne announced that it would spend $13 billion for a major overhaul of six of its Lake Huron reactors, starting in 2020. We stand in solidarity with Black, Indigenous and People of Colour communities across the world in the unquestionable proclamation that their lives matter. Ontario Hydro is divided into five successor companies to prepare for a competitive electricity market. Terrorist attacks in the U.S. prompt the formation of a full-time, rapid-response, armed security force at Bruce Power. Uncover why Bruce Power is the best company for you. Bruce Power receives a 10-year operating licence extension from the Canadian Nuclear Safety Commission. Glassdoor has 241 Bruce Power reviews submitted anonymously by Bruce Power employees. Dobie also stated he was in the process of using SeedInvest to raise $250,000 for the company to help scale, however, Peters says she had already been made aware that he was unable to obtain the desired financing through SeedInvest weeks earlier as the entire round of funding flopped, which was confirmed by recent financial disclosure. Bruce D Morelan is Chairman at Power City Electric Inc. See Bruce D Morelan's compensation, career history, education, & memberships. See Bruce Power salaries collected directly from employees and jobs on Indeed. All proxy statements are public filings made available to the general public by the SEC. Salaries 39 Interviews 40 Benefits 13 Photos Follow + Add a Review Bruce Power Reviews Updated Nov 18, 2022 Find Reviews Clear All Full-time, Part-time English Filter Found 141 of over 239 reviews Sort Popular Popular COVID-19 Related Highest Rating Lowest Rating Most Recent Oldest First 4.2 85 % Recommend to a Friend 82 % Approve of CEO We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. Douglas Point and Bruce A Heavy Water Plant are shut down. Power Poll boats one of their most successful sponsored questions was purchased by then Metro Council Member, now Mayor of Nashville, John Cooper (slide below). Bruce Power becomes the worlds largest operating nuclear facility. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Ontario Power Generation employees rated their Recommend to a friend 2% higher than Bruce Power employees rated theirs. According to reviews on Glassdoor, employees commonly mention the pros of working at Bruce Power to be coworkers, career development, benefits and the cons to be senior leadership, diversity and inclusion, management. It will take you 5-10 years to get from class D to class A. For a single email poll, Dobie envisioned earning up to $15,000 in advertising revenue for a market such as Nashville. Despite repeated complaints about sexual discrimination, she says Dobie never addressed the issue. HR inquiries: HRhelpdesk@brucepower.com, Contact | Terms of Use | Privacy Policy | Accessibility | Sr. Bruce Power President & CEO Mike Rencheck named to Board of Directors for the Nuclear Energy Institute (photo submitted by Bruce Power) By Adam Bell November 13, 2019 1:37pm Mike. Bruce Powers Leadership Team isresponsible for more than 4,000 employees who work to provide Ontario with over 30 per cent of its electricity. In 2014, Cameco announced it had agreed to sell its 32% shareholding in Bruce Power to BPC Generation Infrastructure Trust (Borealis Infrastructure) for $450 million. What is the highest salary at Bruce Power Inc.? Website: www.brucepower.com Headquarters: Kincardine, Canada Size: 1001 to 5000 Employees Founded: 2001 Type: Company - Private Industry: Energy & Utilities Revenue: $1 to $5 billion (USD) Competitors: Unknown Bruce Power Reviews 4.2 85 % Recommend to a Friend 82 % Approve of CEO Mike Rencheck 44 Ratings 5.0 The company also provides more than three million pieces of personal protective equipment to frontline workers, businesses, Indigenous communities and schools to fight COVID-19 the largest announced donation from a private-sector business in Canada. Her job was to grow the company as Chief Operating/Chief Revenue Officer, however, she says Dobie would not allow her to attend meetings with potential investors because she was a woman and Nashville is a good ole boys club where women are not usually allowed, according to a quoted statement in the complaint. The technology is here, but politics may stand in the way. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Find out what works well at Bruce Power from the people who know best. i look forward to moderating 'next level commerce: unleashing the power of pay,' and exploring #retail challenges, opportunities, emerging trends and charting a path forward for merchants. Michael J. Pearson, Valeants former CEO, smashed the record for the top spot last yearwith $183 million in total compensation; this year Valeants new CEO, Joseph Papa, held on to the number-one ranking with $83 million. He is a Professional Engineer and certified senior reactor operator and currently serves on the Advisory Councils of several small modular reactor companies. Learn more about each company and apply to jobs near you. Bruce Power is a leading supplier of medical isotopes that are used worldwide in cancer-fighting treatments and sterilization of medical devices. We are extremely proud to honour Mike Rencheck as CEO of the Year, said Rocco Rossi, President and CEO, Ontario Chamber of Commerce. Bruce Power collaborates with the County of Bruce to launch the Economic Development and Innovation Initiative, which sees 12 companies open offices or warehouses in Bruce, Grey or Huron counties, boosting the local economy. According to our data, the highest paying job at Bruce Power is a Software Engineer at $175,000 annually while the lowest paying job at Bruce Power is a Technical Engineer at $61,000 annually. HR inquiries: HRhelpdesk@brucepower.com, Contact | Terms of Use | Privacy Policy | Accessibility | Sr. Bruce Power completes first successful harvest of medical-grade cobalt-60. Cons. Bruce Power sets site record for output with 49.02 Terawatt-hours, which equalled 34% of Ontario's electricity. He has also served as the Chief Financial Officer, Acting Chief Executive Officer, Executive Vice-President, Finance and Commercial Services, and Executive Vice-President, Corporate Services. Cathy graduated from Mount Saint Vincent University, holds a Bachelor of Commerce from St. Marys University and a Master of Business Administration from Athabasca University. Faced with the largest surplus capacity of electricity in its history, Ontario Hydro defers decision made in previous year to retube Unit 2. Find a Great First Job to Jumpstart Your Career, Getting a Job Is Tough; This Guide Makes it Easier, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve. How much do Bruce Power employees make? It plans to refurbish Units 38 in a $13 billion project, beginning in 2020. Despite what others may say, management is pretty good. History is made in Unit 2 with the installation of the first steam generator ever to be replaced in a Canadian nuclear plant. By comparing employers on employee ratings, salaries, reviews, pros/cons, job openings and more, you'll feel one step ahead of the rest. Construction begins on Douglas Point, Canadas first commercial nuclear reactor. Along with the Chief Executive Officer and the other Executive Vice-Presidents, she also serves as a member of the Bruce Power Executive Team and is a member of the management committees dealing with pension administration, human resources and code of conduct. The shortcode with the name issuu-popup dose not exist. Salary information comes from 37 data points collected . 86% of employees would recommend working at, According to anonymously submitted Glassdoor reviews, Bruce Power employees rate their compensation and benefits as 4.6 out of 5. A copy of the employment agreement is included in the lawsuit. [15] NRT members are permitted to carry and use firearms alongside their powers of arrest. Under Renchecks leadership, Bruce Power also established a community economic development platform that has led to over 60 companies moving into Grey, Bruce and Huron counties, implemented a long-term strategy to engage over 480 provincial companies in Bruce Powers efforts, created opportunities for Indigenous communities and businesses, and created the Retooling and Economic Recovery Council to support the provinces made-in-Ontario economic recovery program. Please note that all salary figures are approximations based upon third party submissions to Indeed. He also serves on the Board of LifeLabs, Canadas largest provider of medical laboratory services. According to the Company, "Bruce Power set a site record for production in 2015, generating 30 per cent of Ontario's electricity at 30 per cent less than the average residential price of power.[3]. - Great pay/benefits As concerns over climate change continue to grow, the proposal could have seen the first unit ready as early as 2017, pending the successful completion of a full Environmental Assessment (EA) and consultations with the local communities. CEO Pay Ratio For its 2019 fiscal year, CLECO POWER LLC, listed the following CEO pay ratio data on its annual proxy statement to the SEC. Dishonest, little to no employee support, only concerned with spinning their PR message. The average Bruce Power salary ranges from approximately $96,767 per year for an Engineering Trainee to $170,368 per year for a Section Manager.The average Bruce Power hourly pay ranges from approximately $37 per hour for a Development Student to $37 per hour for a Development Student.Bruce Power employees rate the overall compensation and benefits package undefined/5 stars. Rehabilitation project approved for Bruce A. Nuclear Operator salaries at Bruce Power can range from $90,000 - $153,242 per year. The shortcode with the name issuu-popup dose not exist. In addition, she is a graduate of the ICD Program from the Rotman School of Business and holds the ICD.D designation through the Institute of Corporate Directors. Why would the PWU agree with extending Letter of Understanding (LOU) 013 beyond the 2 year extension of the agreement? Bruce Power signs a protocol agreement with the Saugeen Ojibway Nation, on whose historical lands the site sits. Note Holders. The highest reported salary for an employee at Bruce Power Inc. is currently CA$NaN / year, Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning. Peters says she was misled about the financial health of the company, and before her employment contact was slated to start she says Dobie asked her for a loan to meet payroll obligations in June of 2021. This years average CEO salary among the top 100 highest-paid executives topped$10.4 million, which is 209 times the annual wage of an average Canadian. Class B are the full time employees on MCR or other projects who actually make the plant run. Restart of Units 1 and 2 first phase of $4.25 billion investment", "Bruce Power to invest $13 billion to refurbish nuclear station on Lake Huron", "Bruce Power buys assets of Energy Alberta Corp", "Bruce Power will not proceed with nuclear option in Alberta", "Bruce Power Ready For Lu-177 Production", "Bruce Power's Unit 1 sends electricity to Ontario grid for first time in 15 years", "Bruce Power's Unit 2 sends electricity to Ontario grid for first time in 17 years", "Cameco to sell stake in Bruce Power nuclear to OMERS division for $450-million", "Bruce Power - Nuclear Security Officer/Nuclear Response Team Officer", https://en.wikipedia.org/w/index.php?title=Bruce_Power&oldid=1121172319, This page was last edited on 10 November 2022, at 22:04. Bruce B finishes the year as the top-performing multi-unit nuclear plant in Canada. In addition to the leadership of the Human Resources function for Canada, she was also on the North American HR Leadership team designing and developing HR programs and services for North America. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Your email address will not be published. Construction begins on the Bruce Learning Centre (called the Western Nuclear Training Centre at the time). Viewed 18,755 times Apply Online Of this total $0 was received as a salary, $0 was received as a bonus, $0 was received in stock options, $0 was awarded as stock and $0 came from other types of compensation. - remote from the city - politics when it comes to growing - moving up. Eric joined Bruce Power as the Executive Vice-President, Projects and Field Services, in 2019. Not to be trusted. This rating has been stable over the past 12 months. See Mike Rencheck's compensation, career history, education, & memberships. As part of the decision-making process, open houses, workshops and community meetings were held and regular newsletters issued to update residents and seek their input across Alberta. We stand in solidarity with Black, Indigenous and People of Colour communities across the world in the unquestionable proclamation that their lives matter. General inquiries: info@brucepower.com This annual awards gala, which aired virtually earlier today,celebrates the incredible innovations and achievements of a broad range of industry sectors and sizes from across the province. In October 2012, Bruce Power returned Units 1 and 2 to commercial operation just weeks after synchronizing to Ontario's electricity grid for the first time since 1997 and 1995 respectively. Michael W. Rencheck is President and Chief Executive Officer of Bruce Power. Bruce Power maintains a small specialized unit namely the Nuclear Response Team (NRT) which carry out tactical response operations in Bruce Power sites. Five co-sponsor positions are also available each month for $750 $2000, and an interested party can purchase a sponsored poll question for $2,000 during each monthly poll. The. Powerful (long-tenure) CEOs also are more likely to also become chair of the board, as well as earn more compensation. As at HUMANA INC, made $0 in total compensation. Bloomberg Chief Washington Correspondent Joe Mathieu delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. Following the financial difficulties of British Energy in the Fall of 2002, the LLP became a wholly Canadian-owned Limited Partnership on Feb. 14, 2003. Pros & Cons are excerpts from user reviews. Toll Free: 1 866 748 4787 He has contributed significantly to the prosperity of communities across the province. He is responsible for Major Component Replacement, Project Management and Construction, Asset Management, Sustaining Capital and site-wide Project Controls. As the pandemic evolved, Bruce Power has expanded its safety protocols around the public health crisis, and has worked both within the company and in local communities to support essential workers, small businesses, schools, and health-care professionals. 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Kevin Kelly currently serves as the Executive Vice-President, Finance, and Chief Financial Officer. Great Pay
The left-leaning think tank uses thefigures to highlight the gap between what the average Canadian makes compared to C-suite executives. Last edited on 10 November 2022, at 22:04, refurbish Units 38 in a $13 billion project, Bruce Nuclear Generating Station#Radioisotope production project, Learn how and when to remove this template message, From Bruce Power Web Site - Canadian-based consortium officially joins Bruce Power Limited Partnership, "Nuclear Power in Canada - World Nuclear Association", "Unit 1 sets new post-refurbishment long run record", "From Bruce Power Web Site - Agreement reached to secure Bruce Power's future. Class A are the do nothing folks who get paid full time but work maybe 25 hours a week (this is most everyone at B10 and full time trades at Bruce B and A). Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. HUMANA INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Prior to this, he served as President and CEO of AREVA Inc. in North America, leading its diverse nuclear manufacturing and services business in Canada and the United States with a workforce of about 5,000 people. From 1998 to 2007, Cathy was the Executive Director of Human Resources at the Canadian Broadcasting Corporation with overall responsibility for CBC Radio, CBC Television and digital platforms. Learn more about Medical Isotopes Life-Extension Our Life-Extension Program, including the Major Component Replacement (MCR) Project, will provide clean, reliable, low-cost electricity to 2064 and beyond. They included raising more than $500,000 for area food banks; coordinating with suppliers to raise more than $380,000 for local and national organizations facing funding shortfalls in 2020; splitting a $400,000 donation with the Power Workers Union to the University Health Network for the research and development of ventilators to treat COVID patients; and funding the creation of the Grey Bruce Huron Strong app to support local businesses. The project marked an astounding 24 million hours worked without a single acute lost-time injury. A site bulk steam system is placed in service, while construction begins on the Western Waste Management Facility. The first steam generator ever to be replaced in a Canadian nuclear Safety Commission 2008-2023... Bruce Power employees 748 4787 he has contributed significantly to the general by! People of Colour communities across the world in the unquestionable proclamation that lives. 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