New overtime regulations will become effective on August 23, 2004. Under these “FairPay” rules, workers earning less than $23,660 per year — or $455 per week — are guaranteed overtime pay at a rate of time and one-half the regular rate of pay for all hours worked over 40 in a workweek. As part of these new regulations, the exemptions from overtime pay for employees employed in bona fide executive, administrative, professional, outside sales people and certain computer positions have also been revised. Businesses should familiarize themselves with these rules to ensure compliance with the Fair Labor Standards Act. For more information regarding these new regulations, please contact Betsy Davis.
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New Rules on Overtime Take Effect Next Month - Mary Elizabeth Davis
January 27, 2010 - We are proud to announce that Spotts Fain Managing Director, Hugh M. Fain, III has been elected Chair of the Board of Governors of the Virginia Bar Association.
December, 2009 - Spotts Fain congratulates our shareholders named in the 2009 Legal Elite list published by Virginia Business magazine. They are Meade Spotts, Legislative/Regulatory; Hugh Fain, Civil Litigation; Betsy Davis, Labor and Employment; and Dana McDaniel, Intellectual Property.
December 1, 2009 - Sexual Orientation and Gender Identity Discrimination - article by Betsy Davis
October 29, 2009 - Betsy Davis spoke on Recent Changes in Employment Law at the 2009 Annual Meeting of the Virginia Association of Defense Attorneys
October 27, 2009 - Spotts Fain presented, Commercial Landlords and Tenants: Planning for and Dealing with Bankruptcy, presenters were Jen West and John Anderson
October 26, 2009 - Comments on President Obama's proposal to increase lending limits on SBA loans, by Tom O'Brien
October 21, 2009 - GINA is Coming - Genetic Information Nondiscrimination Act - article by Betsy Davis
