How does compensatory time off work?

[alinajoseph]

I want to understand compensatory time off and how it is applied in companies. Is it offered instead of overtime pay? Are there restrictions on when employees can use it?

 

[robin]

Compensatory time off (also known as comp time) is when an employee earns paid leave rather than pay for their overtime hours. Comp time policies define the number of hours an employee can earn per pay period, and the total annual limit and how one uses the comp time earned.

 

[SamSon]

Compensatory time off (comp time) lets employees take paid time off instead of overtime pay. For extra hours worked, they earn time off (often 1.5 hours per overtime hour). Common in public sector jobs, rules vary by employer and labor laws.

 

[Ellie]

Compensatory time off (comp time) is paid time off given to employees instead of overtime pay when they work extra hours. For example, if an employee works additional hours beyond their regular schedule, they may receive equivalent time off later instead of extra wages.