Princeton Energy Company Named Top 10 Employer By Forbes

PRINCETON, NJ — Princeton-based NRG Energy is the seventh best employer in the country according to recent rankings released by Forbes. The rankings include 500 companies that have more than 5,000 employees. Twenty companies on the list are based in New Jersey.

"NRG Energy, Inc. engages in the production, sale, and distribution of energy and energy services. Its wholesale operations include plant operations, commercial operations, EPC, energy services and other critical related functions," according to Forbes. "It operates through the following segments: Generation, Retail, Renewables and Corporate. The Generation segment includes company's wholesale operations including plant operations, commercial operations, EPC, energy services and other critical related functions. The Retail segment provides energy and related services as well as personal power to Mass Market consumers through various brandsand sales channels across the U.S. Retail also includes C&I customers and other distributed and reliability products which are within NRG's Business Solutions group. The Renewables segment focuses on the acquisition, development and operation and maintenance of utility scale wind and solar, community solar and distributed solar generation assets as well as the management and operations of the renewable generation assets owned by NRG Yield, Inc. The Corporate segment includes residential solar and electric vehicle services."

NRG powers nearly 3 million homes and businesses throughout the country, according to its website. It is committed to a 50 percent reduction in carbon emissions by 2030, and a 90 percent reduction by 2050.

Founded in 1989, the company employs 8,763 people and has a market cap of $5.9 billion. It makes $13.1 billion in sales. The CEO is Mauricio Gutierrez. It has also been recognized by Forbes as one of the Best Employers for Diversity. Click here to see if NRG Energy is hiring.

America's best employer for 2018 is a company that employs thousands of Americans but is headquartered in France, according to Forbes' annual rankings of the best employers in the country.

The rankings of America's best large employers placed tire manufacturer Michelin at the top of the list while the grocery chain Trader Joe's took the No. 2 spot and Google came in at No. 3.

Forbes partnered with market research company Statista to compile the list. Statista surveyed 30,000 people, asking respondents to rate how likely they'd be to recommend their employer to others, Forbes explains. Respondents were also asked to nominate organizations outside of their own, according to Forbes.

Michelin climbed 33 spots on the list to claim the top ranking for 2018 and is the only non-American company on the list. Forbes says that the company offers a "purpose-driven career" and advancement opportunities that enable employees to have long careers within the organization.

For the list of New Jersey companies that made the list, click here.

Read more about America's best large employers here.

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