compensatory time


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Related to compensatory time: comp time

compensatory time

n.
Time off given to an employee in place of overtime pay.
ThesaurusAntonymsRelated WordsSynonymsLegend:
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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References in periodicals archive ?
This bill places all the control for taking compensatory time with the employer rather than the employee, a fundamental shift in the basic premise of the FLSA, which provides minimum standards to protect employees," the conference leaders wrote, according to a copy of the letter on the Democrats' section of the committee website.
However, the federal Fair Labor Standards Act, which generally applies to employers with revenues of S500,000 or more and engaged in "interstate commerce" essentially bans compensatory time off (or nonexempt employees who do not work for the government-although in some cases the FLSA permits compensatory time of accrual and use within a two-week period.
Its strategy includes reducing overtime and forcing officers to take compensatory time off.
Also at the meeting, Guild committee members presented a list of ideas to help the company save money in a variety of ways, such as more flexible use of compensatory time, bringing back the four-day workweek (for five days pay), and even reducing the massive amount of paper used in the building.
5% wage increase over two years; additional holiday days after 16 years of service; an additional half day of family related leave for medical appointments; participation in NAV CANADA's self-funded leave programme; the ability to carry over some compensatory time after year end; and on-going contribution to the 'Union Management Relief Fund'.
The wage/hour regulations are complex and govern practices such as tracking and rounding hours worked, compensatory time and travel time pay.
In addition, the five days is not to be confused with "credit hours" earned under a flexible work schedule or compensatory time off earned for overtime hours.
Looking at compensatory time off and vacations, the survey found that 38 percent of companies polled offer comp time to store managers who work more than their allotted hours for a week.
I am finding myself often working 60 to 65 hours a week without extra pay or compensatory time.
409A(d)(1) defines a NQDC plan as "any plan that provides for the deferral of compensation, other than (A) a qualified employer plan, and (B) any bona fide vacation leave, sick leave, compensatory time, disability pay, or death benefit plan.
This meant that they would earn three hours of compensatory time for every two hours they worked overtime.