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Step 1: Company Data and Additional Material Review |
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| I. |
Survey data is thoroughly reviewed for accuracy and completion. |
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A. |
Companies are contacted if further or missing information is needed. |
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B. |
Questionable or inconsistent information is researched further by LATINA Style staff and company representative. |
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C. |
Supplemental and Additional information is sorted and classified. |
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II. |
All data is recorded and an analysis of the information is performed. |
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A. |
Each category on the survey is evaluated separately, and then entirely - Employee Statistics, Employee Benefits,
Recruitment and Procurement, Career Advancement Opportunities, Diversity Initiatives/Strategies,
Additional Programs and Policies. |
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B. |
Individual company data is compared to previous year performance and to other similar companies - Industry,
Company Characteristics, Employee Programs and Policies. |
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C. |
Analysis of data is thoroughly discussed and factored into overall company performance. |
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D. |
Each company's Hispanic Community Involvement and Philanthropy efforts are also considered. |
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U.S. Secretary of
Labor, the Honorable Elaine L. Chao |
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Step 2: Evaluation of Selection Criterion and Qualifying Candidates |
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I. |
Each company survey is reviewed again and statistical information pertaining to Hispanic Women is deciphered. |
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A. |
General data is catalogued into specific areas and evaluated to obtain a conclusive assessment
of the company - Latina Employees, Latina Board Members, Latina Senior Executives,
Latina Vice Presidents, Top Latina Wage Earners, etc. |
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B. |
Further assessment of career advancement opportunities are performed for
specific programs - Mentoring Programs, Women's Task Force, Fast Track Programs,
Leadership Training Programs. |
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C. |
Employee Benefits/Incentives and Recruitment Policies pertaining to Hispanic
women are further evaluated - Health Coverage above 75%, Profit Sharing, Alternative Work Schedule, Recruitment efforts, etc. |
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II. |
Each company is then provided a numerical ranking based on the calculated points merited for the evaluation criterion. |
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A. |
Each company's ranking is determined by a formulated point scale, minimum 0 and maximum 15, for the evaluation criterion. |
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B. |
The individual points associated with the criterion vary based by the importance and necessity of
each criteria for employee productivity and performance; the higher the importance, the greater the
number of points allocated. |
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III. |
Company surveys are then reviewed for final deliberation of all categories, evaluation criterion, efforts and initiatives, and classification. |
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Congresswoman Loretta
Sanchez |
Nilde Passanessi of
Eastman Kodak Company, Congressman Joe Baca,
Melanie Liddle Healey of The Procter &
Gamble Company |
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Step 3: Final Compilation of Selected Candidates |
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I. |
Final evaluation and deliberation of selected companies are then conducted for each company survey and additional materials. |
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II. |
Additional independent research by the LATINA Style staff is conducted, utilizing sources such as the Internet, national business journals, national newspapers, etc. |
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III. |
Compiled final list of the selected companies are then reviewed by an external committee for approval - Senior Officials from the U.S. Department of Labor and from the U.S. Equal Employment Opportunity Commission. |
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IV. |
Once approved by external committee and LATINA Style staff, list becomes official. |
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Step 4: Selection of the Company of the Year |
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Company of the Year is selected based on the overall performance, highest calculated points, and exceptional career opportunities
presented to Hispanic Women in the company. |
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