Compare pay for popular roles and read about the team's work-life balance. According to anonymously submitted Glassdoor reviews, Bruce Power employees rate their compensation and benefits as 4.6 out of 5. He was previously the companys Executive Vice-President, Nuclear Development. 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. Transform pay with our enterprise-grade comp platform, Automate compensation with our full-suite solution, Payscale's employer-reported salary data network, The world`s largest employee-submitted pay database, Annual survey salary data from HR industry publishers, The crowdsourced compensation data API for developers, 100% company submitted data from 2,000+ businesses, Schedule a personalized demo to feel the power of Payscale, Find salary information for similar job titles and locations, Comp Planning Business Case Pitch Deck By clicking Download Pitch Deck, you. Unit 4 is returned to service for the first time since 1998. The project marked an astounding 24 million hours worked without a single acute lost-time injury. 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. Unit 1 is ranked the top reactor in the world with a 97% capability factor. Compare pay for popular roles and read about the team's work-life balance. Michael W. Rencheck is President and Chief Executive Officer of Bruce Power. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. Bruce D Morelan is Chairman at Power City Electric Inc. See Bruce D Morelan's compensation, career history, education, & memberships. Bruce Power receives a 10-year operating licence extension from the Canadian Nuclear Safety Commission. Nuclear Operator salaries at Bruce Power can range from $90,000 - $153,242 per year. This rating reflects the overall rating of Bruce Power and is not affected by filters. President and CEO Duncan Hawthorne announces his retirement after 15 years at the helm of the company. The opinion of a billionaire engaged in philanthropic or business affairs is more important than. In 2008, Bruce Power applied for a licence to build a nuclear power plant at Cardinal Lake. 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. We stand in solidarity with Black, Indigenous and People of Colour communities across the world in the unquestionable proclamation that their lives matter. Note Holders. Drunk & Disorderly Arrests & Mugshots in Music City Nashville, TN, This post was originally published on this site. Pros. Construction begins on Douglas Point, Canadas first commercial nuclear reactor. Her employment contract states shes entitled to a full twelve-month severance package, but she says Dobie wont or cant pay up. We are extremely proud to honour Mike Rencheck as CEO of the Year, said Rocco Rossi, President and CEO, Ontario Chamber of Commerce. Valeant Pharmaceuticals International tops the list for a second year runningeven after a $100 million pay cut for its CEO, By CB Staff General inquiries: info@brucepower.com 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. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Power Poll CEO Bruce Dobie unable to pay employees; refused to let female attend meetings, citing good old boys club per lawsuit. Despite what others may say, management is pretty good. 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. 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. Bruce Power supports the provinces historic vaccination efforts, working with health units across Ontario to establish mass vaccination hubs. 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 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. Decent Location, still cheap to buy as long as you stay out of Port Elgin. Bruce Power will assume any risk of financial overruns. Viewed 18,755 times Apply Online Glassdoor has 241 Bruce Power reviews submitted anonymously by Bruce Power employees. Construction begins on the Bruce Learning Centre (called the Western Nuclear Training Centre at the time). We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. Inefficient union workers. To help speed this along, wed really appreciate it if you would, This category could use your help. 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. Bruce Power announces Project 2030, a project to increase the site generation peak to 7,000 MW for the 2030s. Find your market worth with a report tailored to you, No results found. 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. Please note that all salary figures are approximations based upon third party submissions to Indeed. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Bruce Power has worked hard to build strong roots in Ontario and is committed to protecting the environment and supporting the communities in which we live. 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. Dobie also claimed both of the Polls largest advertising customers would be renewing for the new year, despite one of them informing him weeks prior that would not happen. Kevin brings more than 25 years of experience in the areas of strategic and operational planning, financial reporting and cost management, treasury, taxation, pension and insurance. Learn more about nuclear energys rich history on the Bruce site. The information shown here is a reporting of information included in the company's proxy statement. Our 4,200 employees are the foundation of our accomplishments and are proud of the role they play in safely delivering clean, reliable, low-cost nuclear power to families and businesses across the province. Bruce Power becomes the worlds largest operating nuclear facility. "The agreement makes 23,000 jobs possible and supports an estimated $6.3 billion in annual, local economic development," said Energy Minister Bob Chiarelli.[5]. This report is not for commercial use. 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. 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. 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. See how working at Ontario Power Generation vs. Bruce Power compares on a variety of workplace factors. President and CEO, Commercial Engines and Services Appointed June 2017 Responsible for being the world's energy leader, from generation to consumption, and for simplifying, reducing costs and serving customers across the entire energy value chain. Ontarios electricity market opens to competition. 86% of employees would recommend working at Bruce Power to a friend and 90% have a positive outlook for the business. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. Find out what works well at Bruce Power from the people who know best. He is replaced by Mike Rencheck. Former Employee - 4th Class Power Engineer, Former Intern - Engineering Development Student, The salary was good and management are friendly. Prior to joining Bruce Power, Chris held the role of Senior Vice-President, East Operations, at Exelon Nuclear, and Chief Operating Officer, Constellation Energy Nuclear Group. General inquiries: info@brucepower.com The typical Bruce Power Nuclear Operator salary is $139,764 per year. 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. This system is not very fair for obvious reasons. 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. Plans are announced for four nuclear reactors at Bruce A, as well as a Heavy Water Plant. The company plans IPSes which would produce other useful isotopes. This rating has improved by 3% over the last 12 months. The initial four reactors were commissioned at Bruce A between 1977 and 1979, while Bruce B's were added between 1984 and 1987. 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. He also serves on the Board of LifeLabs, Canadas largest provider of medical laboratory services. Ontario Power Generation employees rated their Recommend to a friend 2% higher than Bruce Power employees rated theirs. 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? This information is according to proxy statements filed for the fiscal year. [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. Electrical Control Technician 465 Salaries $149,022 / yr total Mechanical Technician 464 Salaries $151,362 / yr total Senior Technical Engineer/Officer 433 Salaries $143,092 / yr total Engineer 17 Salaries $132,492 / yr total 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. PO Box 1540 177 Tie Rd., R.R. Sell your soul and slap on those golden handcuffs. Late in 2011, Bruce Power announced it had decided against advancing the proposal. 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. Uncover why Bruce Power is the best company for you. Mike Rencheck is President/CEO at Bruce Power LP. 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. For a single email poll, Dobie envisioned earning up to $15,000 in advertising revenue for a market such as Nashville. It is the largest operating nuclear plant in the world by output (Kashiwazaki is currently closed in Japan). A, B, C, and D. Class D are the folks who work for a vendor and they are treated like drones and paid poorly. There are 4 classes of employees. Since joining Bruce Power in 2016, Rencheck has overseen the companys operations, isotope programs, and community and economic development efforts while launching a $13-billion Life-Extension Program to extend the operation of its eight nuclear units to 2064. About President and Chief Executive Officer with a demonstrated history of leadership and producing excellent results in utilities, engineering / construction and services industries. The Bruce A Heavy Water Plant is placed in service. 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. 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 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 Irving (Irving Group of Companies) in New Brunswick. See the full leadership team at Craft. 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. "About This Company" data & logos provided by. Not to be trusted. The technology is here, but politics may stand in the way. READ FULL BIO Russell Stokes President and CEO, Commercial Engines and Services Scott L. Strazik The pay and benefits are great but working conditions can be any weather from high heat to rain and snow storms. 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 Power has continued to perform for Ontarians delivering clean, reliable, low-cost power and medical isotopes while supporting communities and people throughout the province. 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. 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. Chris has a B.S. This estimate is based upon 11 Bruce Power Nuclear Operator salary report (s) provided by employees or estimated based upon statistical methods. The innovative IPS was designed and manufactured by Isogen (a Kinectrics and Framatome company).track. - Strong Safety Culture Over 35 years. Pros & Cons are excerpts from user reviews. He is a Professional Engineer and certified senior reactor operator and currently serves on the Advisory Councils of several small modular reactor companies. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. 2, Tiverton ON,N0G 2T0 As at HUMANA INC, made $0 in total compensation. What is the highest salary at Bruce Power Inc.? "Bruce has been a great leader. Bruce Power signs a protocol agreement with the Saugeen Ojibway Nation, on whose historical lands the site sits. 2, Tiverton ON,N0G 2T0 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. Prior to joining Bruce Power, Cathy most recently served as Corporate Vice-President of Human Resources with J.D. Read reviews from current employees that include compensation and culture insights. Prior to joining AREVA, Mike was the Senior Vice President and Chief Nuclear Officer at American Electric Power (AEP). MCR in particular has a great team. Despite repeated complaints about sexual discrimination, she says Dobie never addressed the issue. Safety was also a key component of the Restart initiative for both Bruce Power and its contractors. Bruce Power maintains a small specialized unit namely the Nuclear Response Team (NRT) which carry out tactical response operations in Bruce Power sites. 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. - Lines of communication between workers and management could be more mutually beneficial, nice workspace, friendly colleague, insurance, Learning experience. Bruce B finishes the year as the top-performing multi-unit nuclear plant in Canada. By comparing employers on employee ratings, salaries, reviews, pros/cons, job openings and more, you'll feel one step ahead of the rest. It will take you 5-10 years to get from class D to class A. 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. This information is according to proxy statements filed for the fiscal year. Toll Free: 1 866 748 4787 The shortcode with the name issuu-popup dose not exist. Previously, Kevin was responsible for Supply Chain, Site Services, Business and Capital Planning, Corporate Finance and Reporting, Treasury and Taxation, Energy Trading, and Pension Asset Management. On the Power Polls FAQ page, Dobie writes: But not all opinions are equal. Rehabilitation project approved for Bruce A. 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. 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. 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 the Society of Energy Professionals. Bruce Power provides electricity from eight nuclear reactors, and a five-turbine wind energy facility. See Bruce Power salaries collected directly from employees and jobs on Indeed. 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. 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. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. 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. The Saugeen Ojibway Nation and Bruce Power sign an agreement to jointly market new isotopes, creating new economic opportunities within the SON territory. HR inquiries: HRhelpdesk@brucepower.com, Contact | Terms of Use | Privacy Policy | Accessibility | Sr. Executive Compensation Data Year: Trend Analysis As at HUMANA INC, made $0 in total compensation. He also received another $11.48 million in long-term incentive pay, bringing. 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. History is made in Unit 2 with the installation of the first steam generator ever to be replaced in a Canadian nuclear plant. Unit 1 was returned to the grid on Sept. 20, 2012, with Unit 2 following shortly thereafter on Oct. 18, 2012.[9][10]. - Great pay/benefits 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. Kevin Kelly currently serves as the Executive Vice-President, Finance, and Chief Financial Officer. You may also find the annual proxy statement by going directly to the company's website. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Bruce Power Limited Partnership is a Canadian business partnership composed of several corporations. Eric is a graduate of the National Polytechnic Institute of Grenoble, France, with a General Engineer Degree specializing in Nuclear Engineering. When factoring in bonuses and additional . 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 $0 came from other types of compensation. St. Joseph Communications uses cookies for personalization, to customize its online advertisements, and for other purposes. The Lu-177 will be processed by a partner ITM Isotope Technologies Munich SE (ITM) and marketed with its partner Saugeen Ojibway Nation under the name Gamzookaamin Aakoziwin.[8], Bruce Power was founded as a Limited Liability Partnership in 2001 between British Energy (82.4%), Cameco Corporation (15%), Power Workers' Union and The Society of Energy Professionals. This rating has been stable over the past 12 months. - Work can feel repetitive Bruce Power is a leading supplier of medical isotopes that are used worldwide in cancer-fighting treatments and sterilization of medical devices. Verify your email to use filters. Chris has more than 33 years of experience in the nuclear power industry, with leadership roles in operations, engineering and projects. As part of the decision-making process, open houses, workshops and community meetings were held and regular newsletters issued to update residents and seek their input across Alberta. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Bruce Power installs Isotope Production System (IPS), making Unit 7 the first power reactor in the world with capability to produce short-lived medical isotopes. The highest reported salary for an employee at Bruce Power Inc. is currently CA$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.
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