Employer Legislative Committees The Grassroots Affiliate of NJBIA
Get involved! Your business can't afford not to be. "There is no better place than the ELCs for business to communicate its message."
Dennis Bone, President
Verizon New Jersey
Don't you wish you could sit down and talk directly to the people who make the laws in this state? Well you can. Come out to one of our 18 Employer Legislative Committee (ELC) meetings.
Every month, businesspeople just like you speak directly with state legislators and other policy leaders. They meet informally in small groups over breakfast or lunch, making it very easy to get your point across. The meetings only last about 90 minutes and there are no membership fees or other obligations, only the cost of your meal. With 18 ELCs throughout New Jersey, chances are there is a meeting near you.
Take the time to attend an ELC. You'll be glad you did.
To learn more, contact Celeste Jordan at 609-393-7707, ext. 223, or cjordan@njbia.org or Go Here.
Seven Companies and Two Individuals Receive NJBIA's 2003 Award for Excellence
The New Jersey Business & Industry Association celebrated the many good things New Jersey employers do at its annual Awards For Excellence Dinner on October 21, presenting its Award for Excellence to seven companies and two individuals. Two other companies received Honor Roll Awards. The Awards program recognizes NJBIA member companies for outstanding achievements in job growth, environmental protection, and human resource management. One or more individuals are also recognized for service to their communities. More than 250 people attended the event, which was held at the Westin Princeton at Forrestal Village.
"This is a celebration of all that is good about New Jersey business," NJBIA President Philip Kirschner said. "Our members create jobs and strengthen our economy. They provide health insurance and other benefits for their employees. They find innovative ways to protect our environment. They devote their time and effort to serve their communities."
Every year, NJBIA honors a select group of employers from among its thousands of members for excellence in three categories: Environmental Quality, Outstanding Employer (human resource management) and Enterprise (job creation). The Public Service Award is presented to individual business professionals for community service.
An independent panel of judges reviews the nominations. This year's judging was conducted by 20 members of the Princeton and Newark Chapters of the Service Corps of Retired Executives (SCORE) along with three NJBIA policy committee chairs: JoAnn Trezza, Human Resources Committee; Edward Hogan, Environmental Quality Committee; and Tim Carden, Economic Development Council. WithumSmith+Brown, the New Jersey-based accounting and consulting firm, verified the information supplied by the finalists.
NJBIA Salutes its 2003 Awards for Excellence Winners
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Enterprise Award icarz, inc. of Newton John Wiley & Sons of Hoboken |
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Environmental Quality Award Merck & Co., Inc. of Rahway Seaboard Point in North Wildwood, a joint project of Sadat Associates, Inc.; Lomax Morey Consulting; Ballard Spahr Andrews & Ingersoll, LLP; Cooper Levenson; and K. Hovnanian Companies. Valero Refining Company-New Jersey of Paulsboro |
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Outstanding Employer Award Cendant Corporation of Parsippany Meridian Health of Neptune |
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Public Service Award Anthony Gentile PSE&G, Cranford V. Peter Traphagen, Sr. NJ Society of Certified Public Accountants (NJSCPA), Roseland |
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Honor Roll Enterprise Award NJ Institute of Technology of Newark Outstanding Employer Wegmans Food Markets of Princeton |
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| Thanks to Our Sponsors Gold Sponsors Cendant Corporation Langan Engineering and Environmental Services, Inc. MasterFoods USA, a Division of Mars, Inc. Meridian Health NJM Insurance Group/NJM Bank FSB PNC Bank PSE&G Valero Refining Company-NJ Wachovia Silver Sponsors Conectiv ConocoPhillips Bayway Refinery Lowenstein Sandler P.C. Merck & Co., Inc. Micro Stamping Corporation NJ Economic Development Authority New Jersey Resources Corporation OceanFirst Bank Sprint Van Note-Harvey Associates |
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NEW JOBS Thanks You for Your Support.
NEW JOBS, the New Jersey Organization for a Better State, set out to make a statement this year. As New Jersey's largest and most influential business political action committee, we wanted to send a message to the antibusiness politicians.Thanks to our many NEW JOBS contributors, we did just that. On behalf of the members of the NEW JOBS Board of Trustees, I thank you for your generous contributions throughout this contentious election cycle.
Our campaign has been a success:
- NEW JOBS has raised a record amount of money this year. We have eclipsed all previous election years in contributions collected and contributions made.
- NEW JOBS gave a record amount of political contributions to Democratic and Republican probusiness candidates, focusing on the most competitive districts.
- Seventy-seven of the 90 probusiness candidates (86 percent) endorsed by NEW JOBS won on Nov. 4.
- In the targeted districts, NEW JOBS sent e-mails and special mailings to the business community urging support for endorsed candidates.
The business community has said, ENOUGH IS ENOUGH! And we have backed it up with action. Our effort has been strong and visible. And we owe it all to you. Whether you contributed $100 or the maximum amount of $7,200, you have done your part to help make New Jersey a better state. For that, we at NEW JOBS thank you.
Jim Sinclair
Executive Director
P.S. If you did not participate this year, don't think it's too late. NEW JOBS is an ongoing political action committee that remains active throughout the year. To find out what you can do to help elect probusiness candidates to the state Legislature, go to www.newjobspac.com or contact me at 609-393-7707, ext. 236.
NEW JERSEY EMPLOYMENT WATCH
Surge in Business Spending Propels Fast Economic Growth
The fastest economic expansion in 19 years, a surge in business spending, fresh signs that manufacturing is rebounding, and continued modest job growth in New Jersey all point to the start of a period of sustained economic growth for the Garden State.Joel Naroff, chief economist with Commerce Bank, said he is confident this will not turn out to be yet another false start.
"The economy has shifted gears, and we should be in good shape for quite some time," Naroff said recently, commenting on the nation's 7.2% surge in Gross Domestic Product in the third quarter, the biggest three-month increase since 1984.
The most encouraging news to come out of the Commerce Department's GDP report was that business spending drove much of the nation's third quarter growth. Until recently, consumer spending had carried the economy, and business spending had lagged.
Business spending on new equipment and software rose at a 15.4 percent annual pace in the third quarter, the fastest since the first quarter of 2000. This followed an 8.3 percent rise in comparable business spending in the second quarter. With corporate inventories depleted, many companies will have to hire more workers and pick up the pace of production to keep up with renewed demand.
Investments in computer and other high-tech equipment rose by an 18.3 percent annualized rate in the third quarter, the same as the second quarter. Spending on equipment outside of the high-tech sector grew by 12.5 percent.
"This is very good news for America's manufacturing base," said David Huether, chief economist with the National Association of Manufacturers. "It signals that a broad-based strong cyclical recovery-essential for a meaningful rebound in manufacturing output and employment-has finally arrived."
In terms of job growth, at least, New Jersey is among a handful of states that have outpaced the nation. In the first nine months of 2003, the state's private sector employers added 26,500 new jobs. (See chart above.)
The US economy, following a long period of waning employment, added about 250,000 private-sector jobs in August, September and October.
Looking ahead, Rutgers University economist Joe Seneca, chairman of the Governor's Council of Economic Advisors, said New Jersey could be expected to create about 40,000 new jobs in 2004.
By historical standards, the current rate of job creation in New Jersey is modest. It is below the postwar average of 50,000 new jobs a year and well below the late 1990s mark of 90,000 new jobs a year.
Most of the new jobs in the first nine months of this year have come from the service sector (28,400) and construction (5,800), according NJ Department of Labor data released in October.
Employment in the state's manufacturing sector has continued to fall, though at a slower rate of decline. In the first nine months of this year, manufacturers cut 7,700 jobs in New Jersey. Since the start of the state's manufacturing recession in January 2001, close to 70,000 factory jobs have been lost.
It remains to be seen if the recent upturn in manufacturing orders and sales will be enough to drive employment higher, but recent reports from the Federal Reserve Banks of New York and Philadelphia offer hope that job losses will continue to diminish.
Quote of the Month
"We understand the significance of the legislative elections. We need to make our voices heard and get people into office who will help us."
Joe Teti
President and CEO Triangle Inc.
Thursday, December 4
Franchise Opportunities Conference
Budding entrepreneurs who want to pursue the American dream of owning and operating a business in New Jersey through franchising should come out to this Franchise Opportunities Conference at the Newark Museum, 49 Washington St., which will be held Thursday, Dec. 4, from 8:30 a.m. to noon. Participants will include representatives of Buttercup Bake Shop, Cendant Corporation, The Goddard School, Rita's Water Ice and Subway. The event is sponsored by the New Jersey Economic Development Authority and the New Jersey Commerce & Economic Growth Commission in conjunction with the International Franchising Association and the New Jersey Business & Industry Association. Cost is $35 per person. To obtain a registration form, more information or directions, visit www.njeda.com/franchiseconference or call Judy Wilkinson at 609-341-2065.
NJBIA Presents...
2003 Public Policy Forum
New Jersey at the Crossroads...Creating Jobs in a Post-Recession Economy
Tuesday, December 9, 2003
Sheraton at Woodbridge Place, Iselin
7:45 a.m. - 2:00 p.m.
Go here to see program details and names of speakers February 10 DEADLINE!
Have Your Development Project Nominated for a New Good Neighbor Award!NJBIA's 44th Annual New Good Neighbor Awards competition is underway. If you have built a new or renovated commercial facility within the last two years, your project probably qualifies for nomination. The nominating deadline is February 10, 2004. You may contact Katie Wittkamp for further information at kwittkamp@njbia.org or 609-393-7707, ext. 239.