ADVISORY/Labor Ready to Sign Groundbreaking Partnership with U.S. Department of Labor.Business Editors ADVISORY...For Thursday (June 12) --(BUSINESS WIRE) WHAT: Labor Ready Labor Ready, Inc., based in Tacoma, Washington, is the United States' largest provider of temporary manual labor to the construction industry, other light industry, and small businesses. Its shares are traded on the New York Stock Exchange under the ticker symbol LRW. and representatives of the U.S. Department of Labor hold a signing ceremony A signing ceremony is a ceremony in which a bill passed by a legislature is signed (approved) by an executive, thus becoming a law. Modern-day signing ceremonies are derived from ceremonies that occurred when the British monarch gave Royal Assent to acts of Parliament. to announce the launch of the DOL's Voluntary Incentive Program, a new partnership that promotes voluntary compliance with the Fair Labor Standards Act Fair Labor Standards Act or Wages and Hours Act, passed by the U.S. Congress in 1938 to establish minimum living standards for workers engaged directly or indirectly in interstate commerce, including those involved in production of goods bound . Tacoma, WA-based Labor Ready, the nation's largest supplier of temporary manual labor, volunteered to be the first company in the country to participate in the plan. WHEN: 2:00 p.m., Thursday, June 12, 2003 WHERE: Labor Ready headquarters, 1015 A Street, Tacoma, WA. WHO: Attendees will include: Tammy D. McCutchen, Administrator, Department of Labor Wage and Hour Division Joe Sambataro, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Labor Ready Representatives of the Washington Department of Labor and Industries Not to be confused with the United States Department of Labor, most U.S. States have a Department of Labor and Industry (DLI or L&I). Duties for the Department include: inspected the working conditions in factories, administering benefits to unemployed individuals and POINT OF VIEW: Joe Sambataro, Labor Ready CEO: "Labor Ready is honored hon·or n. 1. High respect, as that shown for special merit; esteem: the honor shown to a Nobel laureate. 2. a. Good name; reputation. b. to be chosen as the first participant in the Voluntary Incentive Program. This year, we have made a greater commitment to safety and we are always dedicated to ensuring that our employees are treated properly. We are committed to fair employment practices, and our size as one of the nation's largest employers puts us in a position to promote awareness throughout the business community." Tammy D. McCutchen, DOL DOL - Display Oriented Language. Subsystem of DOCUS. Sammet 1969, p.678. : "We are pleased to be inaugurating our new Voluntary Incentive Program (VIP) with Labor Ready. We applaud Labor Ready for the steps it has already taken and the additional measures being implemented to help ensure that its operations nationwide are in compliance with the minimum wage, overtime and youth employment provisions of the Fair Labor Standards Act. We hope that this agreement will be a catalyst for other multi-establishment employers, who are serious about complying, to pursue similar agreements with the department. Government and business working together is a win-win for everyone." |
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