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Overtime Primer: Highlights from the New Regulations
The federal DOL overtime regulations go into effect this year. Are you ready?
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.
September 26, 2002
Working Mother Announces Top 100 Companies
In announcing the list this week, the magazine said it found three basic trends among applicants:
- No rollback of work/life benefits despite the recession.
- An increased emphasis in the wake of the September 11 terrorism attacks on flexible scheduling.
- Augmented use of family leave by employees.
Editor-in-Chief Jill Kirschenbaum said, "We're also seeing more and more working dads demanding work/life benefits, which turns out to be good news for working moms. The more it becomes the norm for both parents to stay involved with their kids, the less women's family obligations will negatively affect their advancement - or their paycheck."
Carol Evans, CEO of Working Mother Media, added: "Post-September 11, work/life initiatives have taken on even greater significance, with programs from employee assistance to telecommuting. Employees want to have flexibility to deal with family needs on a day-to-day basis, as well as in an emergency. Companies are winning the loyalty of employees who get the work done, wherever and whenever they do their jobs."
In compiling the "100 Best Companies for Working Mothers" list, the editors focused on how well companies provide their employees with particular benefits like flexible schedules and leave for new parents. Programs for women's
advancement also assumed greater importance this year.
Working Mother gave special kudos to the 10 companies that ranked the highest. Here they are, ranked alphabetically:
· Abbott Laboratories, IL (1st time on Top 10; 2 years on list)
· American Express, NY (1st time on Top 10; 13 years on list)
· Bank of America, NC (9th time on Top 10; 14 years on list)
· Booz Allen Hamilton, VA (1st time on Top 10; 4 years on list)
· Bristol-Myers Squibb, NY (2nd time on Top 10; 5 years on list)
· Colgate-Palmolive, NY (1st time on Top 10; 3 years on list)
· Computer Associates, NY (1st time on Top 10; 3 years on list)
· Fannie Mae, DC (4th time on Top 10; 9 years on list)
· General Mills, MN (1st time on Top 10; 7 years on list)
· IBM, NY (15th time on Top 10; 17 years on list)
For the complete list, visit www.workingmother.com.
Participate in this week's HR.BLR.com poll and discussion!
king Mother magazine has released its 17th annual list of the "100 Best Companies for Working Mothers."