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Yearly Archives: 2016

For now, the new overtime rule that was scheduled to become effective on Thursday, December 1, will not go into effect. On Tuesday, November 22, a federal trial court judge in Texas issued a preliminary injunction prohibiting the U.S. Department of Labor (DOL) from implementing and enforcing the new rule. Despite being issued in Texas, this is a nationwide injunction. Many employers had hoped that something would put the brakes on the upcoming budget-busting increase in the minimum salary required for an employee to be exempt for overtime.

For now, the new overtime rule that was scheduled to become effective on Thursday, December 1, will not go into effect. On Tuesday, November 22, a federal trial court judge in Texas issued a preliminary injunction prohibiting the U.S. Department of Labor (DOL) from implementing and enforcing the new rule. Despite being issued in Texas, this is a nationwide injunction. Many employers had hoped that something would put the brakes on the upcoming budget-busting increase in the minimum salary required for an employee to be exempt for overtime.

$19 billion.  That’s the rough market value of exempt property owned by non-profit educational institutions and charitable hospitals throughout North Carolina, according to the most recent figures from the N.C. Department of Revenue. Under G.S. 105-278.4 and G.S. 105-278.8, property … Read more