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Claim Your Free Copy of Overtime Primer: Highlights from the New Regulations

The federal DOL overtime regulations go into effect this year. Are you ready?

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This report includes a summary of key changes, including the salary level test and salary basis test.

As a bonus, we've included a handy flowchart to help you determine exemption status under the FLSA.

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October 17, 2008
Top 5 Cities Preferred by Gen Y Job Seekers
A new survey has found that 85 percent of recent college graduates are interested in relocating in the United States for an entry-level job.

In its "2008 Hot Cities Survey," Experience, Inc., a provider of career services for college students and young alumni, found that the most popular reason these Gen Y job seekers would relocate was for career opportunities. However, one-third of survey respondents also indicated that a high cost of living could be a factor in turning down an otherwise promising job opportunity.

The survey asked Gen Y respondents to identify which cities would be the most desirable. The top five desired cities were:

  1. New York (12%)
  2. Washington, D.C. (8%)
  3. Chicago (8%)
  4. San Francisco (7%)
  5. (tie) Seattle/Tacoma; Atlanta; Boston; Charlotte (5%)

The survey also found that 70 percent of college grads would consider relocating outside of the United States for an entry-level job.

"Employers have the opportunity to attract a larger entry-level talent base by sourcing beyond their geographical boundaries," Jenny Floren, founder and CEO of Experience, said in a press release announcing the survey results. "It's imperative that recruiters understand what motivates Gen Y and then promote the comprehensive benefits of their job opportunities, including the aspects of living in a specific region. When organizations can attract and retain large numbers of young professionals with optimized workforce development efforts, there can be a real economic boon to the city."

For a Limited Time receive a FREE Compensation Market Analysis Report! Find out how much you should be paying to attract and retain the best applicants and employees, with customized information for your industry, location, and job. Get Your Report Now!
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