Compensatory day off, sometimes called “comp time,” is a observe the place staff, significantly these exempt from time beyond regulation laws, obtain day off as a substitute of financial fee for hours labored past their commonplace schedule. For instance, an exempt worker working 10 further hours may obtain 10 hours of paid day off sooner or later, somewhat than time beyond regulation pay. This observe is topic to particular authorized laws and varies by jurisdiction.
Providing day off in lieu of time beyond regulation pay can profit each employers and eligible personnel. For employers, it could assist handle prices related to time beyond regulation whereas nonetheless compensating staff for further effort. Staff can achieve higher flexibility in managing their work-life stability by accruing day off. Traditionally, this method has offered an alternate type of compensation and stays related in sure sectors and conditions as we speak, topic to authorized compliance.
