In this role, he was responsible for 10 of Exelons 21 nuclear reactors at six sites in the United States. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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. - Strong Safety Culture He is responsible for Major Component Replacement, Project Management and Construction, Asset Management, Sustaining Capital and site-wide Project Controls. 2, Tiverton ON,N0G 2T0 The initial four reactors were commissioned at Bruce A between 1977 and 1979, while Bruce B's were added between 1984 and 1987. Bruce Power employees rated their Positive Business Outlook 19% higher than Ontario Power Generation employees rated theirs. 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. This system is not very fair for obvious reasons. 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. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. This estimate is based upon 11 Bruce Power Nuclear Operator salary report (s) provided by employees or estimated based upon statistical methods. 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. Since its creation, Bruce Power has successfully restarted all four Bruce A reactors. Eric joined Bruce Power as the Executive Vice-President, Projects and Field Services, in 2019. Kevin is a graduate of the Massachusetts Institute of Technology (MIT) Reactor Technology Course for Utility Executives. The Ontario government shutters its final coal plant, in what is considered the largest clean-air initiative in North America. About President and Chief Executive Officer with a demonstrated history of leadership and producing excellent results in utilities, engineering / construction and services industries. Phone: 519 361 2673 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 Eric is a graduate of the National Polytechnic Institute of Grenoble, France, with a General Engineer Degree specializing in Nuclear Engineering. Faced with the largest surplus capacity of electricity in its history, Ontario Hydro defers decision made in previous year to retube Unit 2. 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. 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. 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. 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. 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. Bruce Power Salaries How much do Bruce Power employees make? Michael W. Rencheck is President and Chief Executive Officer of Bruce Power. 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. However this last poll only had three small sponsors, and those were from members of the Power Poll. 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. 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? Chris has more than 33 years of experience in the nuclear power industry, with leadership roles in operations, engineering and projects. He also attained a Professional Engineers License and a Senior Reactor Operator (SRO) License early in his career. Learn more at www.brucepower.com and follow us on Facebook, Twitter, LinkedIn, Instagram and YouTube. MCR in particular has a great team. Bruce Power has an overall rating of 4.2 out of 5, based on over 241 reviews left anonymously by employees. 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. Not related to the company obviously. To help speed this along, wed really appreciate it if you would, This category could use your help. The concession for operating the station was granted by Ontario Power Generation, one of the five successor companies of the defunct Ontario Hydro. Bruce Power Limited Partnership is a Canadian business partnership composed of several corporations. Bruce Power announces Project 2030, a project to increase the site generation peak to 7,000 MW for the 2030s. Bruce Units 1 and 2 are placed in service. This rating has improved by 3% over the last 12 months. 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. About Bruce PowerFormed in 2001, Bruce Power is an electricity company based in Bruce County, Ontario. In a financial statement, the companys accountant discloses: The Company has incurred significant losses from inception of approximately $(403,366) which, among other factors, raises substantial doubt about the Companys ability to continue as a going concern. 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's Leadership Team is responsible for more than 4,000 employees who work to provide Ontario with over 30 per cent of its electricity. "Bruce has been a great leader. Douglas Point is powered up for the first time. - Work can feel repetitive A proposal to build four reactors at Bruce B is approved by the Ontario government. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. 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. HR inquiries: HRhelpdesk@brucepower.com, Contact | Terms of Use | Privacy Policy | Accessibility | Sr. We stand in solidarity with Black, Indigenous and People of Colour communities across the world in the unquestionable proclamation that their lives matter. - Lines of communication between workers and management could be more mutually beneficial, nice workspace, friendly colleague, insurance, Learning experience. 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. Pros & Cons are excerpts from user reviews. 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. 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 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. In May 2001, Bruce Power became the licensed operator of the Bruce Nuclear Generating Station in Tiverton, Ontario. The shortcode with the name issuu-popup dose not exist. Great Pay Bruce Power signs a protocol agreement with the Saugeen Ojibway Nation, on whose historical lands the site sits. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. 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 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. 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. The. Bruce B Heavy Water Plant is commissioned for service. 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. 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. 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. Safety was also a key component of the Restart initiative for both Bruce Power and its contractors. There are 4 classes of employees. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Inefficient union workers. 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. Note Holders. General inquiries: info@brucepower.com Viewed 18,755 times Apply Online 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. [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. 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. Ontario Power Generation employees rated their Recommend to a friend 2% higher than Bruce Power employees rated theirs. 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. Units 3 and 4 are shut down and placed in layup by the former Ontario Hydro. 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. Pros. 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. Over the last 36 years, Mike has served in a number of roles. 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. Mayor John Cooper is also a reader and participant in the Power Poll. What your skills are worth in the job market is constantly changing. 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. 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. 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. 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. [11][12], In 2016, Bruce Power started a $13 billion refurbishment program at the Bruce Nuclear Generating Station. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Five of the sites under his leadership operated at the level of industry excellence. 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. Her employment contract states shes entitled to a full twelve-month severance package, but she says Dobie wont or cant pay up. The typical Bruce Power Nuclear Operator salary is $139,764 per year. - Great pay/benefits The technology is here, but politics may stand in the way. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. It was then followed by Unit 3 on Jan. 8, 2004. 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. He took over as CEO in 2012. Valeant Pharmaceuticals International tops the ranking of Canadian CEO salaries for a second time this yearand thats after a $100 million pay cut. Find out what works well at Bruce Power from the people who know best. 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. He also received another $11.48 million in long-term incentive pay, bringing. Average Bruce Power hourly pay ranges from approximately $80.00 per hour for Quality Control Manager to $90.00 per hour for Program Manager. Work begins to dismantle Bruce A Heavy Water Plant. 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 We believe in our social responsibility and have award-winning economic development and community betterment initiatives. The pay and benefits are great but working conditions can be any weather from high heat to rain and snow storms. The opinion of a billionaire engaged in philanthropic or business affairs is more important than. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Douglas Point and Bruce A Heavy Water Plant are shut down. 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. Despite that 55% pay cut, Papa still easily bested the second-highest paid CEO on the list, Magna Internationals Donald Walker, at $28 million. What is the highest salary at Bruce Power Inc.? 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. 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. 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. For a project this significant, this was a remarkable landmark for the entire industry. HUMANA INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Landmark for the holidays pay Bruce Power Nuclear Operator salary report ( s ) bruce power ceo salary by employees estimated... Bruce Nuclear Generating station in Tiverton, Ontario is a graduate of the five successor companies of sites... 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