Our BENEFITS 

We provide employees with a benefits package that includes:

• health and wellness;
• family-friendly benefits;
• retirement/savings plans; and 
• educational support.

Employee and family assistance

Employees may seek assistance through several formal options, including:

• their immediate supervisor;
• the Human Resources department; and
• a confidential support service with counseling services offered by phone, online, in-person, and text-based (e.g. self-care, self-learning).

Our Employee and Family Assistance Program helps individuals, couples and families access short-term counseling to assist with life challenges. This includes help with anxiety, depression, career enhancement and workplace issues, family issues, bereavement, addictions, and other health issues.

Health and welfare

Program elements are reviewed regularly and customized by region to ensure they are competitive and typical of the regions in which we operate. Coverage includes medical, dental and vision care for employees and their families, and income protection in the form of short- and long-term disability for employees.

A basic amount of life insurance is provided for all employees, with the option to increase coverage for themselves and their dependents.

Health spending, personal spending, health care and flexible spending accounts provide flexibility and allow employees to make tax-effective choices.

Retirement savings plans

We offer a variety of retirement and savings plans. Depending on eligibility (e.g. permanent versus temporary or union versus non-union employees) and location, employees participate in pension, 401(k), and registered and non-registered savings plans.

Educational resources are also available, including advice from external investment advisors.

Incentive pay

Employees are eligible for a short-term incentive award. Non-union employees participate in a plan, which is based on the achievement of corporate, group, and individual performance objectives. Incentive targets vary by position, generally increasing as the employee moves up in the organization. The incentive target is a percentage of base salary, and now ranges from 2.5% to 25% or more. Union employees participating in the plan have a target incentive identified in their collective agreement.

For more information on our compensation philosophy and programs, see the 2013 Capital Power Corporation Management Proxy Circular available at www.capitalpower.com.

Paid time off

We believe in work-life balance and encourage employees to take time away from the workplace. Employees are offered various paid-time-off options based on eligibility and region. Paid holidays, personal leave days, paid time off, vacation, and scheduled days off allow for flexibility in their time away from work.

Free flu shots and clinics

We provided employees (company-wide) and their immediate family members with free immunization for seasonal flu in 2012.

Milestone achievement award program

We launched an enhanced Milestone Achievement Awards Program in 2012 that recognizes employees for service ranging from 5 to 35 years with pre-paid credit cards ranging in value from $300 to $2,500.

Employees reaching milestones of 10 years and above are invited to a special recognition event that is hosted by our President and CEO Brian Vaasjo, to personally thank employees for their long-term commitment and contributions.

"This event was the greatest event I have been to. I have never felt so comfortable and so recognized. It makes a person feel special."