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Pay Transparency: Key Insights for Employers in the DMV
July 25, 2024 By R. Douglas Taylor, Jr. | Employment Law
In today’s evolving workplace landscape, pay transparency has emerged as a critical topic for employers and employees alike. But what exactly is pay transparency, and why does it matter? Pay transparency involves the open sharing of information about compensation within an organization, including salary ranges, pay scales, and criteria for raises and bonuses. This blog explores the problems pay transparency aims to address, the relevant regulations for federal contractors, trends in state and local legislation, and best practices for employers, particularly in Virginia, Maryland, and the District of Columbia (DMV).
Read More...Financial and Tax Implications in a Business Divorce
In the complex landscape of business divorces, understanding the financial and tax implications is crucial. These considerations can significantly impact both the immediate settlement and the long-term financial health of the involved parties. This blog, the fourth in our eight-part series, delves into the essential financial and tax aspects of a business divorce. From accurately valuing the business to navigating tax liabilities, this guide aims to equip you with the knowledge needed to manage these challenges effectively.
Read More...OSHA Proposes New Heat Injury and Illness Protections for Workers
On July 2, 2024, the Occupational Safety and Health Administration (OSHA) gave notice of proposed rulemaking titled “Heat Injury and Illness Prevention in Outdoor and Indoor Work Settings.” The proposed rules would for the first time set federal heat standards to protect the health and safety of U.S. workers. There are currently no federal OSHA standards regulating heat-stress hazards in the workplace.
Read More...Data Center Shake-Up: New Rules and Hotspots in Virginia
Data centers have become a significant facet of the technological landscape, particularly in regions like Northern Virginia, which hosts a substantial portion of the world’s data infrastructure. The development of data centers, while economically beneficial, often faces community resistance and regulatory challenges. This article explores recent trends and developments in data center land use, focusing on the balance between economic growth and community concerns.
Read More...Some Things a Non-profit Should Never Do
Lawyers are quite good at putting the fear of God into their clients and friends. This tendency has even been reduced to the catchy term of laying out the “Parade of the Horribles.” In reality, for non-profits, there are some things you absolutely, positively should never do … and unfortunately, I know many of these directly from watching clients and friends step on these specific rakes and suffer the resulting pain.
Read More...Raising Money; Paying Finder’s Fees to Unregistered Broker-Dealers Can Be Risky
We’re occasionally asked if it’s a good idea for issuers to pay unregistered “finders” fees in exchange for connecting potential investors in conjunction with private securities offerings. “No,” is the short answer. The majority of finders are hired by issuers under finder’s, advisory, or other agreements that often involve payment of “success fees” when a finance transaction is completed.
Read More...New Virginia Higher Ed Laws: A Significant Shift in College Admissions
On July 1, 2024, Virginia ushered in a new era in higher education in the Commonwealth with the implementation of groundbreaking legislation that bans legacy preferences in college admissions. The move positions Virginia as a leader in the quest for a more equitable and inclusive admissions process.
Read More...Negotiating the Exit in a Business Divorce
Negotiating an exit in a business divorce can be one of the most critical phases of the entire process. Somewhat like a conventional divorce, business divorces involve complex financial, operational, and personal considerations that can significantly impact the future of all parties involved. This blog, the third in our eight-part series, focuses on the “Dos” and “Don’ts” in taking the steps and initiating strategies for exiting the business. With the right approach, it’s possible to reach an amicable resolution that preserves relationships and secures a fair outcome for everyone.
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