Sell your soul and slap on those golden handcuffs. By comparing employers on employee ratings, salaries, reviews, pros/cons, job openings and more, you'll feel one step ahead of the rest. The project marked an astounding 24 million hours worked without a single acute lost-time injury. A Fukushima Response program is launched on site after earthquakes and a tsunami in Japan cripple the Fukushima Daiichi nuclear facility. He is replaced by Mike Rencheck. Kevin has also worked at BDOs Toronto office where he was responsible for managing various operational and financial client groups that consisted of both owner-managed businesses and public companies. See Mike Rencheck's compensation, career history, education, & memberships. He took over as CEO in 2012. - Lines of communication between workers and management could be more mutually beneficial, nice workspace, friendly colleague, insurance, Learning experience. James also holds a Masters Degree from the University of Guelph College of Management and Economics in Leadership and a BA (Hons) and has completed Masters-level Project Management certification through York Universitys Schulich Business School. Glassdoor has millions of jobs plus salary information, company reviews, and interview questions from people on the inside making it easy to find a job thats right for you. Bruce Power provides electricity from eight nuclear reactors, and a five-turbine wind energy facility. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. Bruce Power has an overall rating of 4.2 out of 5, based on over 241 reviews left anonymously by employees. A 129,000-square-foot training facility opens in Kincardine in preparation for the Major Component Replacement project. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. Read reviews from current employees that include compensation and culture insights. - Good Work/Life Balance We have been able to continue safe and reliable operations on our site, and at the same time, work with our suppliers, elected leaders, businesses and organizations to help people in our communities through this public health crisis. Viewed 18,755 times Apply Online Kevin Kelly currently serves as the Executive Vice-President, Finance, and Chief Financial Officer. The Bruce Power site at Tiverton is the world's largest nuclear generating facility. This rating reflects the overall rating of Bruce Power and is not affected by filters. Compare pay for popular roles and read about the team's work-life balance. HUMANA INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. READ FULL BIO Russell Stokes President and CEO, Commercial Engines and Services Scott L. Strazik The ability of the Company to continue as a going concern is dependent upon managements plans to raise additional capital from the issuance of debt or the sale of stock, its ability to commence profitable sales of its flagship product, and its ability to generate positive operational cash flow.. We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. 86% of employees would recommend working at Bruce Power to a friend and 90% have a positive outlook for the business. Work begins to dismantle Bruce A Heavy Water Plant. A majority of Bruce Power's employees are also owners in the business. Douglas Point and Bruce A Heavy Water Plant are shut down. Learn more about nuclear energys rich history on the Bruce site. Despite repeated complaints about sexual discrimination, she says Dobie never addressed the issue. In April, Rencheck announced to Ontario Premier Doug Ford, during their appearance on a morning radio show, a commitment from Bruce Power to provide 600,000 pieces of PPE a number that has since risen two million as of this week. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. Mike currently sits on the board of directors of the Nuclear Energy Institute. Bruce Dobie, the sole member and creator of Power Poll, LLC, is being sued in Davidson County Chancery Court by a former employee who says the Nashville entrepreneur hired her with a quarter-million-dollar yearly salary and then abruptly fired her and others a few months later after he could no longer make payroll. In an investors disclosure, it was discovered the Power Poll sells one primary sponsorship for each email survey for between $1,500 and $3,000 monthly. Former Employee - 4th Class Power Engineer, Former Intern - Engineering Development Student, The salary was good and management are friendly. James has an Executive MBA from Londons Ivey Business School. smashed the record for the top spot last year, RBC is the first Canadian bank to weigh CEO pay against average employee salaries, Full details at the Canadian Centre for Policy Alternatives, Valeant Pharmaceuticals International Inc, Former President & CEO, Progressive Waste, Group Head, International Banking & Digital Transformation, Chairman & CEO, George Weston Ltd. & Loblaw Cos Ltd, President & CEO, Mackenzie Inc & Mackenzie Investments. 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 Were still collecting data to inform categories such as Age, Disability, Sexual Orientation, and Veteran Status. More recently, he was part of the Bruce Power team which successfully negotiated a long-term commercial framework with the Province of Ontario enabling the life extension of the facility up to 2064. Required fields are marked *. (Chris Young/CP). On Oct. 17, 2005, Bruce Power reached an agreement with the Ontario Power Authority and launched a $4.25 billion investment program to refurbish and restart Bruce A Units 1 and 2. The average Bruce Power salary ranges from approximately $134,433 per year for Program Manager to $167,447 per year for Director of Transportation. The innovative IPS was designed and manufactured by Isogen (a Kinectrics and Framatome company).track. Toll Free: 1 866 748 4787 [6] Chief Executive Officer Duncan Hawthorne travelled to Peace River, Manning and Grimshaw, Alberta to personally inform the communities that Bruce Power had initiated a process to consider building western Canada's first nuclear power plant. Bruce Power and the County of Bruce launch the Economic Development and Innovation Initiative to ensure the communities in Bruce Grey and Huron counties share in the economic benefits generated by Bruce Powers multi-year Life-Extension program. 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). However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Construction begins on Douglas Point, Canadas first commercial nuclear reactor. Kevin joined Bruce Power as the Head of Finance when the company was formed in 2001 after working with British Energy when that entity acquired 80 per cent of Bruce Power. Despite what others may say, management is pretty good. Salary information comes from 37 data points collected . Drunk & Disorderly Arrests & Mugshots in Music City Nashville, TN, This post was originally published on this site. Average Bruce Power Executive Manager yearly pay in Canada is approximately $141,734, which is 73% above the national average. 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. The reports author, CCPA Senior Economist David Macdonald, said the growing gap between CEOs and the average employee is particularly stark as several of these business leadersLoblaw Cos. CEO Galen G. Weston, for instancehave been vocal opponents of raising the minimum wage. Mike Rencheck is President/CEO at Bruce Power LP. Our Fair Pay score for Bruce Power Inc. is 3.5. Powerful (long-tenure) CEOs also are more likely to also become chair of the board, as well as earn more compensation. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. The Saugeen Ojibway Nation and Bruce Power sign an agreement to jointly market new isotopes, creating new economic opportunities within the SON territory. Michael W. Rencheck is President and Chief Executive Officer of Bruce Power. Unit 1 is ranked the top reactor in the world with a 97% capability factor. Bruce Power installs Isotope Production System (IPS), making Unit 7 the first power reactor in the world with capability to produce short-lived medical isotopes. This information is according to proxy statements filed for the fiscal year. January 2, 2018, Donald Walker of Magna International tops the list of Canadas highest paid working CEOssecond only to Valeant Pharmaceuticals CEO Joseph Papa. You may also find the annual proxy statement by going directly to the company's website. Ontario Power Generation employees rated their Recommend to a friend 2% higher than Bruce Power employees rated theirs. He also serves on the Board of LifeLabs, Canadas largest provider of medical laboratory services. Glassdoor has 241 Bruce Power reviews submitted anonymously by Bruce Power employees. Class C are direct contractors who have all the responsibilities of full time employees but no benefits (but are paid pretty well). [7], Bruce Power is developing Unit 7 as an Isotope Production System (IPS). Read employee reviews and ratings on Glassdoor to decide if Bruce Power is right for you. Former Mayor Megan Barry and her husband, who both seem to have lots of free time, have a gold star which means theyve participated in 100% of the power polls over the last year. Bruce Gray salary at Ontario Power Generation | All things Ontario Sunshine List Bruce Gray Salary: $126,420.19 Year: 2021 Position: Training Technician - Conventional Safety Employer: Ontario Power Generation Category of Employment: Ontario Power Generation Search by name Search by position Ontario Power Generation - 2018 List Employee List - Work can feel repetitive 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 $37 per hour for a Development Student.Bruce Power employees rate the overall compensation and benefits package undefined/5 stars. "Bruce has been a great leader. Since its creation, Bruce Power has successfully restarted all four Bruce A reactors. Native Hawaiian or Other Pacific Islander, Coming soon! Her job was to grow the company as Chief Operating/Chief Revenue Officer, however, she says Dobie would not allow her to attend meetings with potential investors because she was a woman and Nashville is a good ole boys club where women are not usually allowed, according to a quoted statement in the complaint. In 2005, he was appointed as Vice-President Finance and supported the 2005 Bruce Power Refurbishment Agreement negotiation team and the related restructuring of Bruce Power. The people are mostly highly educated and in general friendly and willing to help solve any issues. How much do Bruce Power employees make? In this role, James is responsible for operational services at Bruce Power the Worlds largest operating nuclear facility and Canadas largest private sector clean energy infrastructure project. We stand in solidarity with Black, Indigenous and People of Colour communities across the world in the unquestionable proclamation that their lives matter. It will take you 5-10 years to get from class D to class A. Copyright 2023 St. Joseph Communications. Salary information comes from 3 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. The highest reported salary for an employee at Bruce Power Inc. is currently CA$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. Restarting those units boosts Bruce Power's output to 6,300 MW, making Bruce Power the source for about 25 per cent of Ontario's electricity on a typical day. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? Inefficient union workers. Corey Hessen, SVP, Power and Storage, TC Energy Mike Rencheck - President and CEO, Bruce Power Annesley Wallace - EVP and Global Head of Infrastructure, OMERS Mark Warner - Executive Consultant, WSC International, LLC Donald (Don) M. Wishart - Chairman of the Bruce Power Board, EVP Operations and Major Projects, TC Energy (Ret.) Im extremely grateful to the Ontario Chamber of Commerce for the OBAA award and I accept it on behalf of our employees whose collective efforts have kept us safe and healthy through a very challenging 2020, Rencheck said. 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. Many upgrades to our safety systems and emergency response are implemented over the next four years. - Good Work/Life Balance, - Work can feel repetitive Through an application filed with the Canadian Nuclear Safety Commission, Bruce Power sought approval to prepare a site that could generate 4,000 MW of electricity from two to four reactors that would not produce greenhouse gases or air pollutants. Employees also rated Bruce Power 3.9 out of 5 for work life balance, 3.8 for culture and values and 3.8 for career opportunities. Phone: 519 361 2673 Why would the PWU agree with extending Letter of Understanding (LOU) 013 beyond the 2 year extension of the agreement? Formed in 2001, Bruce Power is a Canadian-owned limited partnership of affiliates of the Ontario Municipal Employees Retirement System, TransCanada Corporation, the Power Workers' Union and. This year's 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. In 2019, he earned $2.56 million in pay, which includes $1.55 million in base salary plus annual incentive pay. Over the last 36 years, Mike has served in a number of roles. Unit 2 at Bruce A is shut down and placed in layup by the former Ontario Hydro. Based on 64 salaries Engineer 16 salaries Engineering Trainee 6 salaries View More Product & Project Management Based on 30 salaries Project Manager 5 salaries Project Coordinator James Scongack is the Chief Development Officer and Executive Vice-President Operational Services at Bruce Power. (Companies take varying amounts oftime to disclose executive compensation, which is why this ranking covers the year 2016.) 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. 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. 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. Faced with the largest surplus capacity of electricity in its history, Ontario Hydro defers decision made in previous year to retube Unit 2. Toll Free: 1 866 748 4787 Bruce Power will assume any risk of financial overruns. The company signs an amended agreement with the Independent Electricity System Operator to extend the life of Units 3-8 over the next two decades, securing the long-term future of the site through 2064. This rating has been stable over the past 12 months. [2] With those eight units in operation, the facility has a capacity of 5,403 megawatts and typically supplies nearly 30 per cent of the electricity used in Ontario's provincial power grid. This is a postponement of a project initially planned for 2016; the change was made because the reactors should not require major work as soon as 2016. 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. Other prominent gold-star achievers for the past year include Gray Thornburg, Fate Thomas, Howard GentryJeff Teague, Butch Spyridon, Ron Snitker, John Rutherford, Abby Rubenfeld, Bill Purcell, Diane Neighbors, WKRNs Bob Mueller, Nashville Scene journalist Eli Motycka, Judge Amanda McClendon, TN Lookout Editor Holly McCall, Douglas Kreulen, Christine Karbowiak, Glenn Funk, Erin Evans, Keith Durbin, Adam Dread, Steve Cavendish, Heidi Campbell, Emily Benedict, Lee Beeman, Andrea Arnold, Stephanie Coleman. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Bruce Power provides over 30% of the electricity for Ontario, and produces medical grade isotopes that help to sterilize 40% of the single-use medical devices around the world, while also treating cancer. Unit 4 is returned to service for the first time since 1998. In SEC filings, Power Poll lists Bruce Dobie as CEO, Kirk Davis as Executive Chairman of the Board, Travis Graham as the Chief Technology Officer, and Perry Del Favero as the Chief Product Officer. A copy of the employment agreement is included in the lawsuit. Bruce Power employees achieve 22 million injury-free hours. After joining AEP in 1998 as VP of Nuclear Engineering, Mike held various positions during his tenure, including Senior Vice President of Engineering, Projects and Field Services, where he led an extensive capital expansion program and strategic initiatives; Senior VP of Engineering, Technical and Environmental Services; and President of AEP ProServ, a wholly-owned engineering and field services subsidiary responsible for major power generation projects and outage management. He is a Professional Engineer and certified senior reactor operator and currently serves on the Advisory Councils of several small modular reactor companies. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. It was then followed by Unit 3 on Jan. 8, 2004. 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. Find out what works well at Bruce Power from the people who know best. 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. The information shown here is a reporting of information included in the company's proxy statement. - Lines of communication between workers and management could be more mutually beneficial Bruce D Morelan is Chairman at Power City Electric Inc. See Bruce D Morelan's compensation, career history, education, & memberships. During this time he also served on the due diligence and transition team focusing on the transaction between Bruce Power and Ontario Power Generation. "About This Company" data & logos provided by. AEP is a major investor-owned electric utility in the United States, delivering electricity to more than five million customers in 11 states, with 38,000 megawatts of generation assets. Eric Chassard - EVP, Projects and Engineering, Chris Mudrick - Chief Nuclear Officer and EVP, Kevin Kelly - Chief Financial Officer and EVP Finance, James Scongack - Chief Development Officer & EVP, Operational Services. This system is not very fair for obvious reasons. Ontarios electricity market opens to competition. Bruce Power employees rated their Positive Business Outlook 19% higher than Ontario Power Generation employees rated theirs. Bruce A and Heavy Water Plant construction begins, while a proposal for a bulk steam system is proposed. Irving (Irving Group of Companies) in New Brunswick. Please note that all salary figures are approximations based upon third party submissions to Indeed. Take 30 seconds to, Bruce Power has an overall rating of 4.2 out of 5, based on over 241 reviews left anonymously by employees. Bruce Power, in returning Units 1-4 to service over the previous decade, provided the government with 70% of the carbon-free energy it needed to shut down coal. This rating has improved by 3% over the last 12 months. Rehabilitation project approved for Bruce A. Find out more about salaries and benefits at Bruce Power. 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. Unit 1 was returned to the grid on Sept. 20, 2012, with Unit 2 following shortly thereafter on Oct. 18, 2012.[9][10]. 2, Tiverton ON,N0G 2T0 TransCanada Corp. and BPC Generation Infrastructure Trust (OMERS) join Cameco, the Power Workers Union and the Society of Energy Professionals in the Bruce Power partnership, while British Energy withdraws. 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. Note Holders. 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. According to anonymously submitted Glassdoor reviews, Bruce Power employees rate their compensation and benefits as 4.6 out of 5. It exists (as of 2015) as a partnership between TC Energy (31.6%), BPC Generation Infrastructure Trust (61.4%), the Power Workers Union (4%) and The Society of United Professionals (1.2%). A single acute lost-time injury on how they manage compensation [ 7 ], Bruce Power out! Also owners in the lawsuit, Indigenous and people of Colour communities across the world 's largest generating... Get the inside scoop on jobs, salaries, top office locations, CEO. Development Student, the salary was good and management are friendly ratings on Glassdoor to if! Note that all salary figures are approximations based upon employee reports and estimates logos provided by stand in with... 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Isotope Production system ( IPS ) and logo are registered trademarks of Glassdoor, Inc. `` Glassdoor '' and are!