[7], Bruce Power is developing Unit 7 as an Isotope Production System (IPS). Electrical Control Technician 465 Salaries $149,022 / yr total Mechanical Technician 464 Salaries $151,362 / yr total Senior Technical Engineer/Officer 433 Salaries $143,092 / yr total Engineer 17 Salaries $132,492 / yr total 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. 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. The concession for operating the station was granted by Ontario Power Generation, one of the five successor companies of the defunct Ontario Hydro. 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. In 2008, Bruce Power applied for a licence to build a nuclear power plant at Cardinal Lake. He also received another $11.48 million in long-term incentive pay, bringing. 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. All salaries and reviews are posted by employees working at Ontario Power Generation vs. Bruce Power. 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. 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. Late in 2011, Bruce Power announced it had decided against advancing the proposal. 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.. 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. Nuclear Operator salaries at Bruce Power can range from $90,000 - $153,242 per year. 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. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. Bruce Power, in returning Units 1-4 to service over the previous decade, provided the government with 70% of the carbon-free energy it needed to shut down coal. We believe in our social responsibility and have award-winning economic development and community betterment initiatives. 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. We stand in solidarity with Black, Indigenous and People of Colour communities across the world in the unquestionable proclamation that their lives matter. Bruce Power supports the provinces historic vaccination efforts, working with health units across Ontario to establish mass vaccination hubs. The project marked an astounding 24 million hours worked without a single acute lost-time injury. Kevin is a graduate of the Massachusetts Institute of Technology (MIT) Reactor Technology Course for Utility Executives. In May 2001, Bruce Power became the licensed operator of the Bruce Nuclear Generating Station in Tiverton, Ontario. 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. 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 It exists (as of 2015) as a partnership between TC Energy (31.6%), BPC Generation Infrastructure Trust (61.4%), the Power Workers Union (4%) and The Society of United Professionals (1.2%). Toll Free: 1 866 748 4787 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. The average Bruce Power salary ranges from approximately $96,767 per year for an Engineering Trainee to $170,368 per year for a Section Manager.The average Bruce Power hourly pay ranges from approximately $37 per hour for a Development Student to $37 per hour for a Development Student.Bruce Power employees rate the overall compensation and benefits package undefined/5 stars. 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. 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. Our Fair Pay score for Bruce Power Inc. is 2.67. Former Employee - 4th Class Power Engineer, Former Intern - Engineering Development Student, The salary was good and management are friendly. Phone: 519 361 2673 This system is not very fair for obvious reasons. - Lines of communication between workers and management could be more mutually beneficial Five of the sites under his leadership operated at the level of industry excellence. 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. 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. Thorough reviews have been conducted to assure this data accurately reflects disclosures. 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. 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. Compare pay for popular roles and read about the team's work-life balance. Construction begins on Douglas Point, Canadas first commercial nuclear reactor. 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. 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. Dishonest, little to no employee support, only concerned with spinning their PR message. 2, Tiverton ON,N0G 2T0 Mayor John Cooper is also a reader and participant in the Power Poll. 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. The Saugeen Ojibway Nation and Bruce Power sign an agreement to jointly market new isotopes, creating new economic opportunities within the SON territory. For a project this significant, this was a remarkable landmark for the entire industry. 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. Eric joined Bruce Power as the Executive Vice-President, Projects and Field Services, in 2019. Our Fair Pay score for Bruce Power Inc. is 3.5. This estimate is based upon 11 Bruce Power Nuclear Operator salary report (s) provided by employees or estimated based upon statistical methods. Bruce D Morelan is Chairman at Power City Electric Inc. See Bruce D Morelan's compensation, career history, education, & memberships. Despite that 55% pay cut, Papa still easily bested the second-highest paid CEO on the list, Magna Internationals Donald Walker, at $28 million. The shortcode with the name issuu-popup dose not exist. 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. 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). 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