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Compensation and Benefits

Values-Rich Culture

Newfoundland Power has over 125 years of history, and with that we have developed an admirable corporate culture. Our employees share a set of core values that form the foundation on which we perform our work and conduct ourselves. Our values of: safety, service, innovation, teamwork, people and respect, underlie how we go about our work and how we interact with each other. They are the principles we use with confidence every day in everything we do.

Compensation

We offer competitive salaries to our employees.  We align our salaries with the relevant market and we pay according to the education, qualifications, skills and experience required of our positions.   Our employees also receive leave entitlements including vacation, statutory holidays, floating holidays, family leave and sick leave.

Employee Development

We are very focused on our employees’ success and the resulting corporate success created by fostering a continuous learning environment that provides growth experiences for employees. We offer many programs that provide development opportunities to support your personal and professional growth. These include: orientation, job shadowing, worksite tours, mentoring, internal training, lunch and learns and educational workshops. Each of these programs are designed to help broaden your knowledge of the electricity business and enrich both your day-to-day experiences and ultimately your performance.

To complement our internal employee development programs, we are delighted to offer our employees assistance with the costs of extending their education at post-secondary institutions. You may be eligible to receive 100% reimbursement for registration fees, tuition and cost of books for courses.

Pension and Benefits

Employees participate in a retirement savings plan in which the Company and employee each contribute 5.75% of their base salary to a Registered Retirement Savings Plan (RRSP). Our benefits are cost shared on a 50/50 basis and include: Health Care Insurance – including Medical, Travel and Hospital Benefits; Life Insurance; Worldwide Travel Insurance; Long Term Disability Insurance; Accidental Death and Dismemberment; and, Dental Coverage (optional).

Employee Share Purchase Plan

Our Employee Share Purchase Plan provides employees with a great opportunity to purchase Fortis shares, and the Company will help with your contributions. You also have the option of purchasing these shares within an RRSP, which allows you to claim both your own contributions and the Company’s contribution as a tax deduction. To help employees take advantage of this opportunity, we offer a 12-month interest-free loan through payroll deduction.

Health and Wellness Program

At Newfoundland Power, we foster a safe, respectful and healthy workplace in order to benefit the health and well-being of our employees. We believe that a healthy workplace is an integral part of optimizing employee health, job satisfaction and work performance. We offer a variety of health promotion programs that focus on all aspects of our employees’ health, including their physical, mental, emotional and psychosocial well-being.

Other health and wellness initiatives include: smoking cessation, blood pressure monitoring, immunization clinics, travel health, health screening clinics, hearing conservation, education awareness sessions, ergonomics, fitness incentives, in-house blood collection and disability management.

We also actively support our employees in overcoming and dealing with any type of personal problem by providing an in-house Employee Assistance Program (EAP). Our EAP Coordinator provides support to employees and their families through a variety of means, including professional counseling services, personal advice and education.

Work-Life Balance

We support both the professional and personal needs of our employees. Employees are provided flexibility to help them meet both personal and corporate commitments.