On a Compensatory Day off?

Also known as comp time, compensatory time off is an optional way of paying employees who work overtime. A company with a compensatory time off policy pays employees in the form of paid time off (PTO) rather than paying time and a half in overtime pay.

Is compensatory time off paid?

Compensatory time refers to the practice of compensating employees with paid time off (PTO) rather than overtime pay for hours worked above 40 in a workweek.

What is accrued compensatory time off?

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.