Know How: WV Minimum Wage Bill May Redefine White Collar Exemptions for State Employers

By Kaitlin L. Hillenbrand The minimum wage bill passed by the West Virginia Legislature during the session’s final hours will have much broader effect than lawmakers may have intended.  If the Governor signs the bill into law, it will have far-reaching consequences for West Virginia employers regarding overtime pay, not just the minimum wage. In particular,…

SBA Improves Small Businesses Access to 7(a) and 504 Loan Programs; Enhances Job Creation

U.S. small businesses will gain improved access to two major government-guaranteed loan programs once a final rule to that effect issued by the U.S. Small Business Administration becomes effective April 21, 2014. The SBA recently published a Final Rule on the Federal Register that eliminates or revises several requirements for its two main loan programs,…