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compensatory time

   Also found in: Acronyms, Wikipedia, Hutchinson 0.03 sec.
compensatory time
n.
Time off given to an employee in place of overtime pay.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.compensatory time - time off that is granted to a worker as compensation for working overtime
time off - a time period when you are not required to work; "he requested time off to attend his grandmother's funeral"
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By padding their time cards with vacation and compensatory time, mechanics and clerks were able to bill the MTA for overtime by working as little as three days in a week, the report showed.
REPORT: MTA WORKERS' OT UNEARNED CONTRACT RULES LET EMPLOYEES ... by Daily News (Los Angeles, CA)
District Attorney Spokeswoman Sandi Gibbons said while prosecutors do often work more than 40 hours a week and don't get overtime, they are allowed to put in for compensatory time off.
Prosecutors, defenders union teeters because of sheriffs by Oliver, Ryan / Los Angeles Business Journal
Generally, the only exceptions to this rule are qualified plans such as 401(k) plans, bona fide vacation leave plans, sick leave, compensatory time, disability pay or death benefit plans.
Spotlight on deferred compensation by Shepler, Bob / Financial Executive
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