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. 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. 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. 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. 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 serves on the Board of LifeLabs, Canadas largest provider of medical laboratory services. Read employee reviews and ratings on Glassdoor to decide if Bruce Power is right for you. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. 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. 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. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Toll Free: 1 866 748 4787 Bruce Power has an overall rating of 4.2 out of 5, based on over 241 reviews left anonymously by employees. "Bruce has been a great leader. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. All proxy statements are public filings made available to the general public by the SEC. 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. Find a Great First Job to Jumpstart Your Career, Getting a Job Is Tough; This Guide Makes it Easier, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve. Despite repeated complaints about sexual discrimination, she says Dobie never addressed the issue. Late in 2011, Bruce Power announced it had decided against advancing the proposal. 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. The Ontario government shutters its final coal plant, in what is considered the largest clean-air initiative in North America. This information is according to proxy statements filed for the fiscal year. History is made in Unit 2 with the installation of the first steam generator ever to be replaced in a Canadian nuclear plant. 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. 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. Prior to joining AREVA, Mike was the Senior Vice President and Chief Nuclear Officer at American Electric Power (AEP). If a green pivot is to happen, power grids must become supergrids, continent-spanning networks that can move green energy thousands of miles. The information shown here is a reporting of information included in the company's proxy statement. We believe in our social responsibility and have award-winning economic development and community betterment initiatives. 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. We stand in solidarity with Black, Indigenous and People of Colour communities across the world in the unquestionable proclamation that their lives matter. However this last poll only had three small sponsors, and those were from members of the Power Poll. Bruce Power employees rated their Positive Business Outlook 19% higher than Ontario Power Generation employees rated theirs. 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. He also attained a Professional Engineers License and a Senior Reactor Operator (SRO) License early in his career. 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 2, Tiverton ON,N0G 2T0 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. There are 4 classes of employees. 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. 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 Unit 2 at Bruce A is shut down and placed in layup by the former Ontario Hydro. Try another search query or. Glassdoor has 241 Bruce Power reviews submitted anonymously by Bruce Power employees. different field, time management, reporting, schedule risk, opportunity, reporting, small team, authorization, procurement. Over the last 36 years, Mike has served in a number of roles. 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. The Life-Extension Program, the largest private-sector infrastructure project in Canada, includes the Major Component Replacement Project. Construction begins on the Bruce Learning Centre (called the Western Nuclear Training Centre at the time). President and CEO Duncan Hawthorne announces his retirement after 15 years at the helm of the company. The left-leaning think tank uses the figures to highlight the gap between what the average Canadian makes compared to C-suite executives. 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. 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. We are powered by our people. Nuclear Power Reactor Operator in Penetanguishene, Ontario, New research shows how to set pay for remote employees. Speaking to the Empire Club of Canada earlier this month, Rencheck unveiled the companys Net Zero 2050 strategy to help Canada eliminate greenhouse gas emissions by 2050. Kevin joined Bruce Power as the Head of Finance when the company was formed in 2001 after working with British Energy when that entity acquired 80 per cent of Bruce Power. The shortcode with the name issuu-popup dose not exist. 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). What your skills are worth in the job market is constantly changing. 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. 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. Were a little short on data, but you can help. Her role is to oversee Bruce Powers Human Resources function including Labour Relations, Recruitment, Talent Management, Employee Engagement, Wellness and Total Rewards. Despite what others may say, management is pretty good. mostly in public databases and media/press distribution lists, media contacts, city council members, attorneys, judges, and business owner databases. Please note that all salary figures are approximations based upon third party submissions to Indeed. Class C are direct contractors who have all the responsibilities of full time employees but no benefits (but are paid pretty well). 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. 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. Your email address will not be published. For a project this significant, this was a remarkable landmark for the entire industry. 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. 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]. It may be worth it in the end but you will not feel respected through the process. 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. General inquiries: info@brucepower.com It may be worth it in the end but you will not feel respected through the process. [11][12], In 2016, Bruce Power started a $13 billion refurbishment program at the Bruce Nuclear Generating Station. 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 Note Holders. 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. Rewarding career, making impact to the society, opportunities to grow, Remote location maybe a down to some people. Why do people leave their jobs? Bruce Power assumes operational control of the site and confirms plans to restart Units 3 and 4. Despite that 55% pay cut, Papa still easily bested the second-highest paid CEO on the list, Magna Internationals Donald Walker, at $28 million. Toll Free: 1 866 748 4787 Were still collecting data to inform categories such as Age, Disability, Sexual Orientation, and Veteran Status. 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. 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. The only daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York. Bruce Power sets site record for output with 49.02 Terawatt-hours, which equalled 34% of Ontario's electricity. Find your market worth with a report tailored to you, No results found. - Strong Safety Culture Use our tool to get a personalized report on your market worth. Pros & Cons are excerpts from user reviews. We are extremely proud to honour Mike Rencheck as CEO of the Year, said Rocco Rossi, President and CEO, Ontario Chamber of Commerce. 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? We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. PO Box 1540 177 Tie Rd., R.R. Bruce B Heavy Water Plant is commissioned for service. Ontario Power Generation employees rated their Recommend to a friend 2% higher than Bruce Power employees rated theirs. A copy of the employment agreement is included in the lawsuit. 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 Thorough reviews have been conducted to assure this data accurately reflects disclosures. - Good Work/Life Balance, - Work can feel repetitive 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. Excellent pay and benifits. 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. The concession for operating the station was granted by Ontario Power Generation, one of the five successor companies of the defunct Ontario Hydro. - Lines of communication between workers and management could be more mutually beneficial 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. The typical Bruce Power Nuclear Operator salary is $139,764 per year. Required fields are marked *. The highest reported salary for an employee at Bruce Power Inc. is currently CA$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. 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 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.. HR inquiries: HRhelpdesk@brucepower.com, Contact | Terms of Use | Privacy Policy | Accessibility | Sr. HR inquiries: HRhelpdesk@brucepower.com, Contact | Terms of Use | Privacy Policy | Accessibility | Sr. HR inquiries: HRhelpdesk@brucepower.com, Contact | Terms of Use | Privacy Policy | Accessibility | Sr. Bruce Powers Leadership Team isresponsible for more than 4,000 employees who work to provide Ontario with over 30 per cent of its electricity. January 2, 2018, Donald Walker of Magna International tops the list of Canadas highest paid working CEOssecond only to Valeant Pharmaceuticals CEO Joseph Papa. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. Last edited on 10 November 2022, at 22:04, refurbish Units 38 in a $13 billion project, Bruce Nuclear Generating Station#Radioisotope production project, Learn how and when to remove this template message, From Bruce Power Web Site - Canadian-based consortium officially joins Bruce Power Limited Partnership, "Nuclear Power in Canada - World Nuclear Association", "Unit 1 sets new post-refurbishment long run record", "From Bruce Power Web Site - Agreement reached to secure Bruce Power's future. Take you 5-10 years to get a personalized report on your market worth you review the industry... Strong Safety Culture Use our tool to get from class D to class a the SEC in! Prior to joining AREVA, Mike has served in a number of roles copy of the site and confirms to. Have award-winning economic development and community betterment initiatives 's proxy statement entire statement... Outlook 19 % higher than Bruce Power assumes operational control of the first steam generator ever be. 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