- Great pay/benefits Class B are the full time employees on MCR or other projects who actually make the plant run. 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? Mike Rencheck is President/CEO at Bruce Power LP. This story is brought to you by Scoop: Nashville as part of the #bspotter / #VisitMusicCity series which features tourist and downtown-related arrests in Music City. Unit 2 at Bruce A is shut down and placed in layup by the former Ontario Hydro. "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). History is made in Unit 2 with the installation of the first steam generator ever to be replaced in a Canadian nuclear plant. (Companies take varying amounts oftime to disclose executive compensation, which is why this ranking covers the year 2016.) [15] NRT members are permitted to carry and use firearms alongside their powers of arrest. 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. Salary information comes from 37 data points collected . Other executives include Mike Rencheck, President and CEO, Director; Eric Chassard, Executive Vice-President, Projects and Engineering and 7 others. Douglas Point is powered up for the first time. PO Box 1540 177 Tie Rd., R.R. PO Box 1540 177 Tie Rd., R.R. Our Fair Pay score for Bruce Power Inc. is 2.67. How much do Bruce Power employees make? 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. Save my name, email, and website in this browser for the next time I comment. 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. Our Fair Pay score for Bruce Power Inc. is 3.5. You may also find the annual proxy statement by going directly to the company's website. 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. At Areva, Eric also held a variety of senior roles including Operations Manager, Safety and Product Engineer, Project Manager of the Celestin reactors life extension, Productivity Improvement Director, Vice-President for the Fuel Business and Executive Vice-President of Shaw AREVA MOX Services, LLC. On the Power Polls FAQ page, Dobie writes: But not all opinions are equal. 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 in Electrical Engineering from Lehigh University and has received management and leadership certifications from the Harvard Business School, and the Exelon Leadership Institute through Northwestern University. 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. A copy of the employment agreement is included in the lawsuit. 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. 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. 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. 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. It will take you 5-10 years to get from class D to class A. 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.) Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. As at HUMANA INC, made $0 in total compensation. He was previously the companys Executive Vice-President, Nuclear Development. Executive Compensation Data Year: Trend Analysis As at HUMANA INC, made $0 in total compensation. 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. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. 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. Find out what works well at Bruce Power from the people who know best. 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 a little short on data, but you can help. Note Holders. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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. Unit 4 is returned to service for the first time since 1998. Bruce Units 1 and 2 are placed in service. Staff and contractors return Units 1 and 2 to service, while life-extension programs on Units 3 and 4 are completed. 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. 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. 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. 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. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Try another search query or. The typical Bruce Power Nuclear Operator salary is $139,764 per year. Find out more about, 86% of Bruce Power employees would recommend working there to a friend, Good Place to work, different grades of employees. Power Poll boats one of their most successful sponsored questions was purchased by then Metro Council Member, now Mayor of Nashville, John Cooper (slide below). The Ontario government shutters its final coal plant, in what is considered the largest clean-air initiative in North America. [7], Bruce Power is developing Unit 7 as an Isotope Production System (IPS). Upon completion of the sale, Borealis will become the majority partner of Bruce Power with 56.1 per cent ownership. He has contributed significantly to the prosperity of communities across the province. PO Box 1540 177 Tie Rd., R.R. Learn more about nuclear energys rich history on the Bruce site. The left-leaning think tank uses thefigures to highlight the gap between what the average Canadian makes compared to C-suite executives. Under Renchecks leadership, Bruce Power also established a community economic development platform that has led to over 60 companies moving into Grey, Bruce and Huron counties, implemented a long-term strategy to engage over 480 provincial companies in Bruce Powers efforts, created opportunities for Indigenous communities and businesses, and created the Retooling and Economic Recovery Council to support the provinces made-in-Ontario economic recovery program. 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 extremely proud to honour Mike Rencheck as CEO of the Year, said Rocco Rossi, President and CEO, Ontario Chamber of Commerce. January 2, 2018, Donald Walker of Magna International tops the list of Canadas highest paid working CEOssecond only to Valeant Pharmaceuticals CEO Joseph Papa. 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. Bruce Power is a leading supplier of medical isotopes that are used worldwide in cancer-fighting treatments and sterilization of medical devices. Bruce A and Bruce B are equipped with eight CANDU nuclear reactors (four at each station). The pay and benefits are great but working conditions can be any weather from high heat to rain and snow storms. Please note that all salary figures are approximations based upon third party submissions to Indeed. Unit 1 is ranked the top reactor in the world with a 97% capability factor. Kevin is a graduate of the Massachusetts Institute of Technology (MIT) Reactor Technology Course for Utility Executives. See the full leadership team at Craft. - Work can feel repetitive Over 35 years. 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. Rehabilitation project approved for Bruce A. The Bruce Power site at Tiverton is the world's largest nuclear generating facility. Cathy Sprague is the Executive Vice-President of Human Resources at Bruce Power. General inquiries: info@brucepower.com 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. In 2019, he earned $2.56 million in pay, which includes $1.55 million in base salary plus annual incentive pay. Bruce Power will assume any risk of financial overruns. The Life-Extension Program, the largest private-sector infrastructure project in Canada, includes the Major Component Replacement Project. Glassdoor has 241 Bruce Power reviews submitted anonymously by Bruce Power employees. The left-leaning think tank uses the figures to highlight the gap between what the average Canadian makes compared to C-suite executives. Bruce Power completes first successful harvest of medical-grade cobalt-60. Naturally, the massive project will provide other benefits. [11][12], In 2016, Bruce Power started a $13 billion refurbishment program at the Bruce Nuclear Generating Station. Bruce A and Heavy Water Plant construction begins, while a proposal for a bulk steam system is proposed. 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. Late in 2011, Bruce Power announced it had decided against advancing the proposal. Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. - Lines of communication between workers and management could be more mutually beneficial, nice workspace, friendly colleague, insurance, Learning experience. 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. Compare pay for popular roles and read about the team's work-life balance. Learn more at www.brucepower.com and follow us on Facebook, Twitter, LinkedIn, Instagram and YouTube. 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. 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). HR inquiries: HRhelpdesk@brucepower.com, Contact | Terms of Use | Privacy Policy | Accessibility | Sr. The company has harvested enough Cobalt-60 to sterilize up to 25 billion pairs of gloves or COVID-19 swabs. 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. 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. 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. During this time he also served on the due diligence and transition team focusing on the transaction between Bruce Power and Ontario Power Generation. In this role, he was responsible for 10 of Exelons 21 nuclear reactors at six sites in the United States. Construction begins on additional heavy water plants. "About This Company" data & logos provided by. 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. According to reviews on Glassdoor, employees commonly mention the pros of working at Bruce Power to be coworkers, career development, benefits and the cons to be senior leadership, diversity and inclusion, management. Not related to the company obviously. Bruce Power employees achieve 22 million injury-free hours. However this last poll only had three small sponsors, and those were from members of the Power Poll. This rating reflects the overall rating of Bruce Power and is not affected by filters. The shortcode with the name issuu-popup dose not exist. Why do people leave their jobs? Many upgrades to our safety systems and emergency response are implemented over the next four years. This annual awards gala, which aired virtually earlier today,celebrates the incredible innovations and achievements of a broad range of industry sectors and sizes from across the province. 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. However, the agreement will require Ontario to pay a higher price for electricity produced by Bruce Power. 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. Uncover why Bruce Power is the best company for you. 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. The Saugeen Ojibway Nation and Bruce Power sign an agreement to jointly market new isotopes, creating new economic opportunities within the SON territory. Unit 6 comes online at Bruce B. Bruce Units 3, 4, 6 and 7 place in the Top 10 reactors in the world for the previous years excellent performance. Irving (Irving Group of Companies) in New Brunswick. See Bruce Power salaries collected directly from employees and jobs on Indeed. 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. James has an Executive MBA from Londons Ivey Business School. The Bruce A Heavy Water Plant is placed in service. It may be worth it in the end but you will not feel respected through the process. Verify your email to use filters. 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. Construction begins on Douglas Point, Canadas first commercial nuclear reactor. He took over as CEO in 2012. 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). It plans to refurbish Units 38 in a $13 billion project, beginning in 2020. The OBAAs, hosted by the Ontario Chamber of Commerce, is the most recognized industry gala in Ontario focused on celebrating business success. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. 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. HUMANA INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. 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. Note Holders. It may be worth it in the end but you will not feel respected through the process. 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. In May 2001, Bruce Power became the licensed operator of the Bruce Nuclear Generating Station in Tiverton, Ontario. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. General inquiries: info@brucepower.com Bruce Power sets site record for output with 49.02 Terawatt-hours, which equalled 34% of Ontario's electricity. Use our tool to get a personalized report on your market worth. 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.. Please note that all salary figures are approximations based . We stand in solidarity with Black, Indigenous and People of Colour communities across the world in the unquestionable proclamation that their lives matter. He also received another $11.48 million in long-term incentive pay, bringing. 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. Bruce Power's Director is Ralph Berg. 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. - Strong Safety Culture Bruce Power Salaries How much do Bruce Power employees make? Drunk & Disorderly Arrests & Mugshots in Music City Nashville, TN, This post was originally published on this site. Terrorist attacks in the U.S. prompt the formation of a full-time, rapid-response, armed security force at Bruce Power. A Fukushima Response program is launched on site after earthquakes and a tsunami in Japan cripple the Fukushima Daiichi nuclear facility. This estimate is based upon 11 Bruce Power Nuclear Operator salary report (s) provided by employees or estimated based upon statistical methods. Powerful (long-tenure) CEOs also are more likely to also become chair of the board, as well as earn more compensation. 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. When the pandemic struck in March, Rencheck quickly rallied the company and its supply chain to secure personal protective equipment (PPE) for frontline and health-care workers in Bruce, Grey and Huron counties, and to other parts of Ontario as needs arose. This report is not for commercial use. [2] Bruce Power became the world's largest operating nuclear facility in 2012, when Units 1 and 2 returned to operation after a multibillion-dollar refurbishment project. 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 of the sites under his leadership operated at the level of industry excellence. Copyright 2023 St. Joseph Communications. Bruce B finishes the year as the top-performing multi-unit nuclear plant in Canada. 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. Excellent pay and benifits. DUI: Armando Bucio vomiting from vehicle at Broadway intersection at 1 a.m. ROE FALLS, CITIES RISEMANY, MANY BRUTALIZED My WordPress, Shatner Franchi (AKA DJ Shatner) charged with DUI in downtown Nashville, Adam Bednarik cited after selling wine to a minor in Belle Meade, Active shooter arrested inside St. Thomas Midtown Hospital with multiple magazines of ammo, Music City Fencing Club owner Robert Piraino rearrested on new sexual battery indictment. Were still collecting data to inform categories such as Age, Disability, Sexual Orientation, and Veteran Status. Bruce Power employees rated their Positive Business Outlook 19% higher than Ontario Power Generation employees rated theirs. 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. Bruce Powers Leadership Team isresponsible for more than 4,000 employees who work to provide Ontario with over 30 per cent of its electricity. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. 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. Bruce Power operates eight nuclear reactors on Lake Huron where it leases the Bruce site from Ontario Power Generation. Bruce Power Energy & Utilities Salaries Ontario Power Generation has 8,905 more total submitted salaries than Bruce Power. In addition, she is a graduate of the ICD Program from the Rotman School of Business and holds the ICD.D designation through the Institute of Corporate Directors. 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.

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