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This excerpt taken from the SWY 8-K filed Mar 15, 2005. Wage and Hour
Safeway is committed to a policy of full compliance with all applicable federal, state and provincial wage and hour laws. In the U.S., in accordance with the provisions of the Fair Labor Standards Act (FLSA) and applicable state law, all employees are classified as either administrative (that is, exempt from FLSA overtime provisions) or non-exempt (i.e., overtime eligible). The Company maintains records of the hours worked by all non-exempt personnel, in most cases by means of an electronic time and attendance record-keeping system which has been designed to minimize the potential for wage and hour violations. Notices are posted in all work facilities to advise employees on a variety of wage and hour matters, including the right of non-exempt employees to be paid for all hours worked (employees shall not and shall not be required to work off-the-clock), the standards for receipt of overtime compensation, and limits on the permissible hours of work and job duties for minors. Any failure to adhere to the Companys wage and hour policies will result in termination or other appropriate disciplinary actions.
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