NJBIA Scrapbook 2005
 
October 19, 2005
NJBIA News
NJBIA Honors Princeton’s NRG Energy with Award for Excellence

The New Jersey Business & Industry Association has presented NRG Energy, Inc. of Princeton with a 2005 Award for Excellence in the Enterprise category, honoring the company for creating more than 200 new jobs in moving its national headquarters from Minnesota to New Jersey.

 
NRG Energy President and CEO David Crane (center) accepts an NJBIA Award for Excellence in the Enterprise category at the recent NJBIA 2005 Awards for Excellence Dinner. The award was presented by NJBIA Trustee Matt Wright (left) and NJBIA President Philip Kirschner.

NRG Energy was one of eight companies receiving awards at NJBIA’s 2005 Awards for Excellence Dinner held at the Westin Princeton at Forrestal Village on October 18.

“The winners were selected because they are the best of the best. They have succeeded not only as private sector companies, but in improving people’s lives and our communities,” NJBIA President Philip Kirschner told a crowd of 240 at the event. “The jobs that NRG has created not only strengthen our economy, but give people opportunities to build a better life for themselves and their families.”

In moving its company headquarters from Minneapolis, Minnesota, to Princeton, NRG Energy, Inc., which operates a diverse portfolio of power-generating facilities in the Northeast, South Central and West Coast United States, not only brought 230 new high-paying jobs to the State, but created a unique work environment where employees come first.

The company began with the renovation of its new headquarters. To create a life-size metaphor for its work philosophy, the company put no dividing walls and no offices in its 47,000-square-foot headquarters. Instead, it created an open, shared workspace where everyone from the CEO on down works together. The open layout is designed to foster collaboration and promote informed decision-making.

Only 40 of the 230 new jobs were transferred from Minnesota; the rest were new jobs that NRG created in New Jersey. NRG not only offers competitive salaries and benefits packages, but also caters to its employees—quite literally. Employees at NRG’s headquarters enjoy free catered lunches, including hot entrées, soups, salads, sandwiches and desserts, as well as Starbucks hot and cold beverages throughout the day.

Since 1984, NJBIA annually has honored a select group of its members with an Award for Excellence. The Awards for Excellence winners demonstrate outstanding achievements in one of four award categories: Environmental Quality, Outstanding
Employer, Enterprise, and Public Service. All 23,000 NJBIA member companies are eligible to be nominated.

An independent panel of judges reviewed the nominations. Eighteen members of the Service Corps of Retired Executives (SCORE) volunteered their time to conduct the judging. They were joined by four members of NJBIA’s policy committees: William Baney and Joann Trezza of the Human Resources Committee, and Tom Eckhoff and John Kinkela of the Environmental Quality Committee.

Mercadien P.C., Certified Public Accountants of Princeton, verified the information supplied by the winning applicants.

With more than 23,000 members, NJBIA is the nation’s largest state-level employer association.

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