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. - Great pay/benefits St. Joseph Communications uses cookies for personalization, to customize its online advertisements, and for other purposes. Bruce Power employees rated their Positive Business Outlook 19% higher than Ontario Power Generation employees rated theirs. Unit 2 at Bruce A is shut down and placed in layup by the former Ontario Hydro. 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. 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. 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. Please note that all salary figures are approximations based . He was previously the companys Executive Vice-President, Nuclear Development. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Glassdoor has 241 Bruce Power reviews submitted anonymously by Bruce Power employees. A shift towards, Handling involuntary termination is a likely occurrence for human resources managers and, Return better results with Payscale job search, Compare real living costs across different states, Consider potential directions your career can take, Calculate the 20-year net ROI for US-based colleges, Are you the kind of person who struggles to get a handle, Learn where the best career earners attended college. 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. 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. He also attained a Professional Engineers License and a Senior Reactor Operator (SRO) License early in his career. 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. He assumed the role of CEO in 2005 and has led the company to record levels of revenue, increasing from $4.1 billion that year to more than $9 billion in 2018. 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. 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. 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. HUMANA INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. If a green pivot is to happen, power grids must become supergrids, continent-spanning networks that can move green energy thousands of miles. However this last poll only had three small sponsors, and those were from members of the Power Poll. Safety was also a key component of the Restart initiative for both Bruce Power and its contractors. Note Holders. It will take you 5-10 years to get from class D to class A. Ontario Power Generation employees rated their Recommend to a friend 2% higher than Bruce Power employees rated theirs. You may wonder, just how does the Power Poll Operate? 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? The shortcode with the name issuu-popup dose not exist. HR inquiries: HRhelpdesk@brucepower.com, Contact | Terms of Use | Privacy Policy | Accessibility | Sr. 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. The information shown here is a reporting of information included in the company's proxy statement. The left-leaning think tank uses thefigures to highlight the gap between what the average Canadian makes compared to C-suite executives. Why would the PWU agree with extending Letter of Understanding (LOU) 013 beyond the 2 year extension of the agreement? 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.. Mayor John Cooper is also a reader and participant in the Power Poll. It may be worth it in the end but you will not feel respected through the process. We believe in our social responsibility and have award-winning economic development and community betterment initiatives. Despite repeated complaints about sexual discrimination, she says Dobie never addressed the issue. Mike Rencheck is President/CEO at Bruce Power LP. The Saugeen Ojibway Nation and Bruce Power sign an agreement to jointly market new isotopes, creating new economic opportunities within the SON territory. 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. The Bruce A Heavy Water Plant is placed in service. A majority of Bruce Power's employees are also owners in the business. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. Bruce Power employees achieve 22 million injury-free hours. Find out what works well at Bruce Power from the people who know best. Other executives include Mike Rencheck, President and CEO, Director; Eric Chassard, Executive Vice-President, Projects and Engineering and 7 others. 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. Valeant Pharmaceuticals International tops the ranking of Canadian CEO salaries for a second time this yearand thats after a $100 million pay cut. Unit 4 is returned to service for the first time since 1998. Find out more about salaries and benefits at Bruce Power. The Life-Extension Program, the largest private-sector infrastructure project in Canada, includes the Major Component Replacement Project. When factoring in bonuses and additional . 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. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Read reviews from current employees that include compensation and culture insights. In 2008, Bruce Power applied for a licence to build a nuclear power plant at Cardinal Lake. Eric is a graduate of the National Polytechnic Institute of Grenoble, France, with a General Engineer Degree specializing in Nuclear Engineering. [1] It is the licensed operator of the Bruce Nuclear Generating Station, located on the shores of Lake Huron, roughly 250 kilometres northwest of Toronto, between the towns of Kincardine and Saugeen Shores. However, the agreement will require Ontario to pay a higher price for electricity produced by Bruce Power. Units 3 and 4 are shut down and placed in layup by the former Ontario Hydro. Toll Free: 1 866 748 4787 Not related to the company obviously. For a single email poll, Dobie envisioned earning up to $15,000 in advertising revenue for a market such as Nashville. Please note that all salary figures are approximations based upon third party submissions to Indeed. General inquiries: info@brucepower.com Bruce A and Bruce B are equipped with eight CANDU nuclear reactors (four at each station). PO Box 1540 177 Tie Rd., R.R. 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. Compare pay for popular roles and read about the team's work-life balance. Great Pay 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. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. "About This Company" data & logos provided by. We stand in solidarity with Black, Indigenous and People of Colour communities across the world in the unquestionable proclamation that their lives matter. Toll Free: 1 866 748 4787 For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Plans are announced for four nuclear reactors at Bruce A, as well as a Heavy Water Plant. 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. New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve. [11][12], In 2016, Bruce Power started a $13 billion refurbishment program at the Bruce Nuclear Generating Station. - Good Work/Life Balance Bruce B Heavy Water Plant is commissioned for service. Phone: 519 361 2673 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). Pay increases are a top concern for 2022 to attract and retain talent, Temporary employee laws: A guide to hiring contract roles, What to include in a termination letter: Template and examples, How to Manage Your Time and Prioritize Your Workload. Her employment contract states shes entitled to a full twelve-month severance package, but she says Dobie wont or cant pay up. 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. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. (Companies take varying amounts oftime to disclose executive compensation, which is why this ranking covers the year 2016.) During its peak, the Bruce A Restart project was named the largest infrastructure project in Canada, and it was widely considered as one of the most complex engineering challenges Ontario has ever seen. - Good Work/Life Balance, - Work can feel repetitive 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 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. Upon completion of the sale, Borealis will become the majority partner of Bruce Power with 56.1 per cent ownership. PO Box 1540 177 Tie Rd., R.R. The chart on this page features a breakdown of the total annual pay for , at HUMANA INC as reported in their proxy statements. This rating reflects the overall rating of Bruce Power and is not affected by filters. A site bulk steam system is placed in service, while construction begins on the Western Waste Management Facility. 2, Tiverton ON,N0G 2T0 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. Read reviews from current employees that include compensation and culture insights. The left-leaning think tank uses the figures to highlight the gap between what the average Canadian makes compared to C-suite executives. 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. 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. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. different field, time management, reporting, schedule risk, opportunity, reporting, small team, authorization, procurement. 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. Bruce Power supports the provinces historic vaccination efforts, working with health units across Ontario to establish mass vaccination hubs. It may be worth it in the end but you will not feel respected through the process. Powerful (long-tenure) CEOs also are more likely to also become chair of the board, as well as earn more compensation. Uncover why Bruce Power is the best company for you. 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 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. Excellent pay and benifits. 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. See the full leadership team at Craft. Bruce Units 1 and 2 are placed in service. 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. Earlier in his career, Mike worked at Public Service Electric & Gas Company Salem Nuclear Generating Station as Director of System Engineering and Duquesne Light Companys Beaver Valley Power Station. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Prior to joining Hitachi, Eric spent the majority of his career with Areva as a Senior Executive Vice-President with direct responsibility for covering worldwide Engineering and Project Activities. Uncover why Bruce Power is the best company for you. Unit 1 at Bruce A is shut down and placed in layup by the former Ontario Hydro. Learn more about each company and apply to jobs near you. 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]. 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. 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. Ontario Hydro is divided into five successor companies to prepare for a competitive electricity market. Unit 3 returns to service for the first time since 1998. In 2019, he earned $2.56 million in pay, which includes $1.55 million in base salary plus annual incentive pay. Five of the sites under his leadership operated at the level of industry excellence. 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. 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. 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). Units 5, 7 and 8 at Bruce B remain online to help restore power to the grid after a massive blackout leaves large parts of Ontario and the northeastern U.S. without power. Our Fair Pay score for Bruce Power Inc. is 3.5. Viewed 18,755 times Apply Online [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. 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. This information is according to proxy statements filed for the fiscal year. 86% of Bruce Power employees would recommend working there to a friend based on Glassdoor reviews. 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. The Ontario government was pleased with that news because the province would not be assuming any financial risk. Her role is to oversee Bruce Powers Human Resources function including Labour Relations, Recruitment, Talent Management, Employee Engagement, Wellness and Total Rewards. MCR in particular has a great team. They are not authored by Glassdoor. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Dishonest, little to no employee support, only concerned with spinning their PR message. The innovative IPS was designed and manufactured by Isogen (a Kinectrics and Framatome company).track. Bruce Power maintains a small specialized unit namely the Nuclear Response Team (NRT) which carry out tactical response operations in Bruce Power sites. Bruce Power assumes operational control of the site and confirms plans to restart Units 3 and 4. Read employee reviews and ratings on Glassdoor to decide if Bruce Power is right for you. 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. What your skills are worth in the job market is constantly changing. 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 announces Project 2030, a project to increase the site generation peak to 7,000 MW for the 2030s. 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. 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. 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. - remote from the city - politics when it comes to growing - moving up. 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. "Bruce has been a great leader. 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. All salaries and reviews are posted by employees working at Ontario Power Generation vs. Bruce Power. Previously, Cathy was the Canadian Vice-President of Human Resources for Coca-Cola Enterprises in Toronto. Prior to his role at Bruce Power, Kevin was responsible for setting up the reporting and governance structure for British Energy in North America. You may also find the annual proxy statement by going directly to the company's website. 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. He has contributed significantly to the prosperity of communities across the province. Faced with the largest surplus capacity of electricity in its history, Ontario Hydro defers decision made in previous year to retube Unit 2. Learn more about nuclear energys rich history on the Bruce site. 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. This rating has improved by 3% over the last 12 months. Bruce Dobie Power Poll lawsuit Nashville Scoop Nashville, Brittany Nicole Eakes charged in theft of $4800 in gift cards from Walgreens, Adam Donato makes death threat after being kicked out of downtown Nashville bar, Funeral Director Melvin Smith fires warning shot after disagreement over pothole repair work, Brandon Howard charged with P80 ghost gun and theft of 2022 Camry, Californias Christian Montion-Dominguez drunk and disorderly at the Holiday Inn Express, Dustan Conley bounced from Kid Rocks bar on Friday the 13th. 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. 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. 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. We are powered by our people. 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 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. Required fields are marked *. Bruce Power is a leading supplier of medical isotopes that are used worldwide in cancer-fighting treatments and sterilization of medical devices. 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. 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. Following the initial Bruce A Restart project (initiated during the British Energy incumbency) to return to service of Units 3 and 4 (completed in 2003/04), Units 1 and 2 underwent a multibillion-dollar refurbishment after years of dormancy. Your email address will not be published. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Douglas Point and Bruce A Heavy Water Plant are shut down. A copy of the lawsuit is below, which alleges breach of employment contract, sex discrimination, fraudulent inducement, and false and deceptive employment practices. Bruce Power has an overall rating of 4.2 out of 5, based on over 241 reviews left anonymously by employees. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. 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. Sell your soul and slap on those golden handcuffs. The story of the Bruce Power site begins in the 1960s when Douglas Point, Canadas first commerical reactor, was built and placed into service. In May 2001, Bruce Power became the licensed operator of the Bruce Nuclear Generating Station in Tiverton, Ontario. 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. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. General inquiries: info@brucepower.com He took over as CEO in 2012. This system is not very fair for obvious reasons. Save my name, email, and website in this browser for the next time I comment. A proposal to build four reactors at Bruce B is approved by the Ontario government. 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. 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. A leading supplier of medical devices leadership operated at the level of industry excellence for! Non-Qualified deferred compensation earnings License early in his career, includes the Major component Replacement project value and deferred... 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