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POWER Engineers

Is this your company?

Greedy Sell-Outs - Senior Project Engineer 1 POWER Engineers Employee Review

1.0
10 Oct 2024
Recommend
CEO approval
Business outlook

Pros

Good people to work with if you can find them.

Cons

Company sold out to WSP. Shareholders made millions while 2/3s of the company didn't see a dime in a $1.8B acquisition. WSP attempted to give all Grade 8s $60k bonus spread over 3 years if you stick around for that time with the first payment 18 months from signing the retention agreement. Insulting amount of money for those who work hard and bought into the POWER culture for years but never made it to shareholder status (couldn't crack into the good old boys club). It's a shame really, this is the type of acquisition that makes everything more expensive downstream all the way down to our electric bills, and to think WSP (a publicly traded company from Canada with 69,000 employees) cares about the employees they just acquired it's ridiculous. They acquire companies for breakfast, lunch, and dinner. Their POWER acquisition is nothing special, it is just another notch in their belt.

Explore other reviews about POWER Engineers

5.0
20 May 2026
Recommend
CEO approval
Business outlook

Pros

Great place to work with good benefits

Cons

Sold to a larger company with worse benefits

2
3.0
31 May 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Was a genuinely great place to work. Great people and great culture. It was worth the slightly-lower-than-average pay because work life balance and benefits were great. I enjoyed going to work every day.

Cons

Poor financial decisions from upper management regarding the shareholder program led to the company's demise. Upper management sold out to WSP. Management made millions while long time employees got zilch. As someone else had mentioned, retention bonuses were unfairly distributed. Most people didn't get any retention bonus even if they had been long time employees of the company. It really felt like everyone who wasn't upper management got stabbed in the back. They got their payout then dumped the company. Still stings to this day.

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