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https://www.opm.gov/policy-data-oversight/pay-leave/pay-administration/fact-sheets/compensatory-time-off/
An employee's unused compensatory time off is subject to the regulations under which it was earned, regardless of the employee's current FLSA exemption status. Example: An employee earns 16 hours of compensatory time off under 5 CFR 551.531 in lieu of FLSA overtime pay while employed in an FLSA-nonexempt position.
https://www.indeed.com/career-advice/pay-salary/compensatory-time
Aug 20, 2020 · Compensatory time must be taken in the same pay period as the overtime hours. Health care workers, emergency personnel, first responders and seasonal government employees can earn a maximum of 480 hours of compensatory time off. Other government employees have …
https://www.law.cornell.edu/cfr/text/29/553.22
Compensatory time off is paid time off the job which is earned and accrued by an employee in lieu of immediate cash payment for employment in excess of the statutory hours for which overtime compensation is required by section 7 of the FLSA. (b) The Act requires that compensatory time under section 7 (o) be earned at a rate not less than one and one-half hours for each hour of employment for which overtime compensation …
https://quickbooks.intuit.com/time-tracking/comp-time-explained/
Comp time, short for compensatory time, is when employers compensate their employees for overtime hours with time off, instead of overtime pay. While comp time is a widespread practice, it is usually illegal for private-sector businesses (including private-sector nonprofit agencies) to compensate overtime-eligible (nonexempt) employees with comp time instead of overtime.
https://www.opm.gov/policy-data-oversight/pay-leave/pay-administration/fact-sheets/compensatory-time-off-for-travel-questions-answers-to-fact-sheet/
Compensatory time off for travel may be used when the employee is granted time off from his or her scheduled tour of duty established for leave purposes. Employees must use accrued compensatory time off for travel in increments of one-tenth of an hour (6 minutes) or one-quarter of an hour (15 minutes).
https://clockify.me/blog/business/compensatory-time/
When it comes to overtime hours, employers must pay their employees time and a half for any hours worked over 40 hours in a given week. Compensatory time is the time employees get for their overtime hours, instead of receiving overtime pay. Comp time vs. flex time; Compensatory time and flex time have a whole different meaning. Comp time refers only to compensation for working overtime.
https://www.dol.gov/sites/dolgov/files/WHD/legacy/files/whdfs7.pdf
Compensatory Time: Under certain prescribed conditions, employees of State or local government agencies may receive compensatory time off, at a rate of not less than one and one-half hours for each overtime hour worked, instead of cash overtime pay. Law enforcement, fire protection, and emergency response personnel andFile Size: 51KB
https://www.workplacefairness.org/comp-time
Some employers allow their employees to take time off after working extra hours. Substituting extra time off for overtime pay is known as compensation ("comp") time. Surprisingly, in most cases, this practice is illegal due to a fear of employer abuse. However, there are possible remedies for employees who truly value comp time.
https://www.dol.gov/agencies/whd/fact-sheets/8-flsa-police-firefighters
Under certain prescribed conditions, a State or local government agency may give compensatory time, at a rate of not less than one and one-half hours for each overtime hour worked, in lieu of cash overtime compensation. Employees engaged in police and fire protection work may accrue up to 480 hours of compensatory time.
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