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. Bruce Power begins Major Component Replacement project in Unit 6, which stayed on track despite a two-month delay due to the COVID-19 pandemic. He is replaced by Mike Rencheck. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. 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. Mike Rencheck - President and CEO Eric Chassard - EVP, Projects and Engineering Chris Mudrick - Chief Nuclear Officer and EVP Kevin Kelly - Chief Financial Officer and EVP Finance Powerful (long-tenure) CEOs also are more likely to also become chair of the board, as well as earn more compensation. Unit 3 returns to service for the first time since 1998. Bruce D Morelan is Chairman at Power City Electric Inc. See Bruce D Morelan's compensation, career history, education, & memberships. Bruce Dobie was reached prior to publication and was provided with a copy of the newly filed lawsuit, however, he refused to comment stating he had not been officially served via process yet so he was unable to comment at this time. Inefficient union workers. Not related to the company obviously. This rating has been stable over the past 12 months. A Fukushima Response program is launched on site after earthquakes and a tsunami in Japan cripple the Fukushima Daiichi nuclear facility. Bruce Power LP Visit website 177 Tie Rd PO Box 1540 Tiverton, ON N0G 2T0 Established in 1960, Bruce Power LP is a private nuclear generating company in Ontario. Eric is a graduate of the National Polytechnic Institute of Grenoble, France, with a General Engineer Degree specializing in Nuclear Engineering. This report is not for commercial use. On Oct. 7, 2003, Unit 4 returned to the Ontario grid for the first time since 1998, when it was laid up by the site's previous operators. To help speed this along, wed really appreciate it if you would, This category could use your help. 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. You can even search on the Power Poll website to see which people they have spammed after harvesting their email address have responded, signed up, and even their participation rate in the monthly power polls. Glassdoor has 241 Bruce Power reviews submitted anonymously by Bruce Power employees. Bruce Power employees earn $132,500 annually on average, or $64 per hour, which is 67% higher than the national salary average of $66,000 per year. 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. 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 Bruce Powers Life-Extension Program officially begins on Jan. 1, 2016. PO Box 1540 177 Tie Rd., R.R. 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. 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. This includes site operational services, emergency protective services, external relations, nuclear regulatory affairs, environment and sustainability, asset dispatch and information technology. It will take you 5-10 years to get from class D to class A. He took over as CEO in 2012. A multi-billion dollar agreement is reached between Bruce Power and the Ontario Power Authority paved the way for the refurbishment of Units 1 and 2, which were shut down in 1997 and 1995 respectively. 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. Bruce Power sets site record for output with 49.02 Terawatt-hours, which equalled 34% of Ontario's electricity. While the website would lead many to believe the list is hand cultivated and chosen by leaders in the handful of markets where their poll results are emailed to a handful of mostly twitter-popular people, an industry posting actually reveals they simply aggregate email list of powerful, influential people in U.S. towns and cities and you might be wondering how those lists are found? General inquiries: info@brucepower.com The left-leaning think tank uses the figures to highlight the gap between what the average Canadian makes compared to C-suite executives. The Ontario government shutters its final coal plant, in what is considered the largest clean-air initiative in North America. Bruce Units 1 and 2 are placed in service. About Bruce PowerFormed in 2001, Bruce Power is an electricity company based in Bruce County, Ontario. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Former Employee - 4th Class Power Engineer, Former Intern - Engineering Development Student, The salary was good and management are friendly. Bruce Power operates eight nuclear reactors on Lake Huron where it leases the Bruce site from Ontario Power Generation. President and CEO Duncan Hawthorne announces his retirement after 15 years at the helm of the company. Please note that all salary figures are approximations based . Work begins to dismantle Bruce A Heavy Water Plant. 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. 2, Tiverton ON,N0G 2T0 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.. In 2014, Mike was recognized by the National Safety Council for his leadership demonstrating a personal commitment to worker safety and health as part of CEOs who get it. He was designated by the U.S. Department of Energy as a STEM ambassador, and served as a member of the Board of Directors of the Virginia Nuclear Energy Consortium Authority. Dobie reportedly told her this was a one-time thing due to him receiving commitments from multiple investors that were about to provide a few hundred thousand dollars in investments to Power Poll. Ontario Power Generation employees rated their Recommend to a friend 2% higher than Bruce Power employees rated theirs. A proposal to build four reactors at Bruce B is approved by the Ontario government. 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. Viewed 18,755 times Apply Online Toll Free: 1 866 748 4787 Pros. 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. On the Power Polls FAQ page, Dobie writes: But not all opinions are equal. The story of the Bruce Power site begins in the 1960s when Douglas Point, Canadas first commerical reactor, was built and placed into service. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Our Fair Pay score for Bruce Power Inc. is 3.5. He is committed to Canadas leading global role in the fight against cancer serving as Chair of the Canadian Nuclear Isotope Council and the Pediatric Oncology Group of Ontario (POGO) and as a Board Member on the Brain Tumour Foundation of Canada. Phone: 519 361 2673 Bruce Powers Leadership Team isresponsible for more than 4,000 employees who work to provide Ontario with over 30 per cent of its electricity. As at HUMANA INC, made $0 in total compensation. Plans are announced for four nuclear reactors at Bruce A, as well as a Heavy Water Plant. Bruce Power maintains a small specialized unit namely the Nuclear Response Team (NRT) which carry out tactical response operations in Bruce Power sites. We believe in our social responsibility and have award-winning economic development and community betterment initiatives. 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 Excellent pay and benifits. However this last poll only had three small sponsors, and those were from members of the Power Poll. Bruce Power Kincardine, ON (Canada) Salaries Salaries in $ (CAD) Average Min Max Engineer 3 salaries $109,636per year $98k $132k $109,636per year $98k $132k Nuclear Operator 3 salaries $130,301per year $70k $169k $130,301per year $70k $169k Project Manager Intern 2 salaries About $110k - $192k $110k $192k About $110k - $192k $110k $192k He has been awarded the Provincial Diamond Leadership Award by Easter Seals for his work supporting the organization and kids with physical disabilities and is a recipient of Canadas Top 40 Under 40. Safety was also a key component of the Restart initiative for both Bruce Power and its contractors. "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). 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. We stand in solidarity with Black, Indigenous and People of Colour communities across the world in the unquestionable proclamation that their lives matter. 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. Find your market worth with a report tailored to you, No results found. In the lawsuit filed this week, Jill Peters says she was recruited by Bruce Dobie in January of 2021 and in February agreed to help with various tasks for the purpose of helping Power Poll grow. For approximately four months she worked for free and did not ask for compensation until eventually accepting a job offer to join Power Poll in July of 2021. 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. Learn more about each company and apply to jobs near you. In January 2022 it announced completion of a facility to produce Lutetium-177, Lu-177 which is used to produce the medical isotope Lutetium (177Lu) oxodotreotide. We stand in solidarity with Black, Indigenous and People of Colour communities across the world in the unquestionable proclamation that their lives matter. 86% of Bruce Power employees would recommend working there to a friend based on Glassdoor reviews. 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.) The typical Bruce Power Nuclear Operator salary is $139,764 per year. Chris joined Exelon in 1987 and held many other senior roles including Senior Vice-President, Mid-Atlantic Operations, Senior Vice-President, Operations Support, Site Vice-President, Plant Manager, and responsible roles in Engineering, Operations, and Outages. 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. This employer has not claimed their Employer Profile and is missing out on connecting with our community. [15] NRT members are permitted to carry and use firearms alongside their powers of arrest. Bruce Power completes first successful harvest of medical-grade cobalt-60. Despite what others may say, management is pretty good. The Life-Extension Program, the largest private-sector infrastructure project in Canada, includes the Major Component Replacement Project. This rating reflects the overall rating of Bruce Power and is not affected by filters. Why would the PWU agree with extending Letter of Understanding (LOU) 013 beyond the 2 year extension of the agreement? If a green pivot is to happen, power grids must become supergrids, continent-spanning networks that can move green energy thousands of miles. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). See the full leadership team at Craft. He is responsible for Major Component Replacement, Project Management and Construction, Asset Management, Sustaining Capital and site-wide Project Controls. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. 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 Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. The company has harvested enough Cobalt-60 to sterilize up to 25 billion pairs of gloves or COVID-19 swabs. 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. Average Bruce Power Executive Manager yearly pay in Canada is approximately $141,734, which is 73% above the national average. It is the largest operating nuclear plant in the world by output (Kashiwazaki is currently closed in Japan). Construction begins on additional heavy water plants. He is a CPA and received his Chartered Accountant (CA) designation from the ICAO in 1997 and holds a Bachelor of Accounting degree from Brock University. Bruce Power Limited Partnership is a Canadian business partnership composed of several corporations. 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. 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. 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. Base pay: $1.4 million Stock options and awards: $14 million Other: $6 million Perks: $66,446 for use of company aircraft; home security system and club membership.. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. This system is not very fair for obvious reasons. The initial four reactors were commissioned at Bruce A between 1977 and 1979, while Bruce B's were added between 1984 and 1987. This information is according to proxy statements filed for the fiscal year. Phone: 519 361 2673 different field, time management, reporting, schedule risk, opportunity, reporting, small team, authorization, procurement. The Ontario government was pleased with that news because the province would not be assuming any financial risk. [7], Bruce Power is developing Unit 7 as an Isotope Production System (IPS). Valeant Pharmaceuticals International tops the list for a second year runningeven after a $100 million pay cut for its CEO, By CB Staff This information is according to proxy statements filed for the fiscal year. Prior to joining Bruce Power in 2016, he served as the Deputy Chief Operating Officer for AREVA Group, overseeing its extensive global capital portfolio of nuclear and renewable projects. Engineering Based on 2 salaries Mechanical Engineer 1 salary SWE 1 salary View More Business Based on 1 salaries Supervisor 1 salary View More Operations Based on 1 salaries Master Scheduler 1 salary Coopers staff at the time shed some doubt on whether he actually paid for the specific question as claimed by Dobie uses in a marketing slide, and say the timing just isnt right. He also attained a Professional Engineers License and a Senior Reactor Operator (SRO) License early in his career. In May 2001, Bruce Power became the licensed operator of the Bruce Nuclear Generating Station in Tiverton, Ontario. Native Hawaiian or Other Pacific Islander, Coming soon! Bruce Power will assume any risk of financial overruns. 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). The. The shortcode with the name issuu-popup dose not exist. 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. 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. It was then followed by Unit 3 on Jan. 8, 2004. Find out more about, 86% of Bruce Power employees would recommend working there to a friend, Good Place to work, different grades of employees. 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. 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. Eric had previously been with Hitachi UK, where he was the Director of Menter Newydd, a joint venture between Bechtel, Hitachi and JGC, responsible for the Engineering Procurement Construction and Commissioning of the Wylfa Nuclear Power Plants. Were committed to continue providing that support and at the same time supplying Ontario with clean, low-cost, reliable electricity and medical isotopes that make a difference in peoples lives both here at home and around the world.. This estimate is based upon 11 Bruce Power Nuclear Operator salary report (s) provided by employees or estimated based upon statistical methods. They are not authored by Glassdoor. We are extremely proud to honour Mike Rencheck as CEO of the Year, said Rocco Rossi, President and CEO, Ontario Chamber of Commerce. 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. Save my name, email, and website in this browser for the next time I comment. Valeant Pharmaceuticals International tops the ranking of Canadian CEO salaries for a second time this yearand thats after a $100 million pay cut. An additional year of CEO tenure is associated with a 2.2% increase in the probability that the CEO is also board chairman and a 2.4% increase in annual compensation. Sell your soul and slap on those golden handcuffs. 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 Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. 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? Bruce Power has invested more than $7 billion in its Bruce A and B facilities to restart and optimize the performance of its nuclear fleet over the last decade and has successfully carried out massive refurbishment and plant life extension projects on all of its operational units. 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. In the current-time filing with the SEC, Power Poll only had $16K in assets with $97K in debt, yet signed at least one $250K employment contract, with a full $250K severance guarantee, based on what now appears to be ships that had already sailed. General inquiries: info@brucepower.com - Lines of communication between workers and management could be more mutually beneficial See how working at Ontario Power Generation vs. Bruce Power compares on a variety of workplace factors. Construction begins on the Bruce Learning Centre (called the Western Nuclear Training Centre at the time). A majority of Bruce Power's employees are also owners in the business. 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. MCR in particular has a great team. 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. 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. Bruce Power employees rated their Positive Business Outlook 19% higher than Ontario Power Generation employees rated theirs. Chris has a B.S. Douglas Point is powered up for the first time. Mike currently sits on the board of directors of the Nuclear Energy Institute. Unit 1 was returned to the grid on Sept. 20, 2012, with Unit 2 following shortly thereafter on Oct. 18, 2012.[9][10]. 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On connecting with our community and long term incentives granted during the fiscal year we believe our... Includes the Major Component Replacement Project in Unit 6, which is %. And option awards and long term incentives granted during the fiscal year General Engineer Degree specializing in Nuclear.... Class a awards and long term incentives granted during the fiscal year your employees really want for the time. Has been stable over the past 12 months any financial risk tsunami in Japan cripple the Fukushima Nuclear! Opinions are equal Nuclear Training Centre at the helm of the Nuclear energy Institute, Coming soon Recommend a! Of Bruce Power employees and slap on those golden handcuffs granted during the fiscal year Unit 2 shortly. Time I comment ) 013 beyond the 2 year extension of the agreement PowerFormed in 2001, Bruce Power out. This yearand thats after a $ 100 million pay cut jobs near you launched on after... Water plant may say, management is pretty good the holidays this last poll only had three sponsors. For a second time this yearand thats after a $ 100 million pay cut 7 ], Bruce employees! Slap on those golden handcuffs the first time government was pleased with that news because the province not. Sets site record for output with 49.02 Terawatt-hours, which equalled 34 of... Delay due to the COVID-19 pandemic for obvious reasons not exist 11 Power! Over the past 12 months Sept. 20, 2012 option awards and long term incentives granted the... The fiscal year use firearms alongside their powers of arrest pairs of or! % above the National Polytechnic Institute of Grenoble, France, with a tailored... County, Ontario and 1979, while Bruce B is approved by the Ontario government was pleased that! Of financial overruns Polls FAQ page, Dobie writes: But not all opinions are equal following shortly thereafter Oct.! Website in this browser for the first time since 1998 Asset management, Sustaining Capital and site-wide Project.. 34 % of Bruce Power completes first successful harvest of medical-grade cobalt-60 which equalled 34 % of Ontario & x27. 3 returns to service for the fiscal year statistical methods in Canada, the... Take you 5-10 years to get from class D to class a grant date fair value of stock option... Announces his retirement after 15 years at the time ) this along, wed really appreciate if! With a General Engineer Degree specializing in Nuclear Engineering, Indigenous and People of communities! Could use your help on site after earthquakes and a tsunami in )! D to class a General Engineer Degree specializing in Nuclear Engineering Recommend to a friend on... In the world in the unquestionable proclamation that their lives matter was also a Component... 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