Definitions for "Compensatory Time"
Keywords:  overtime, wage, myth, lieu, employees
Paid time off granted to an employee for working extra hours. The Federal Wage- Hour Law places severe restrictions on the use of compensatory time to avoid paying overtime, although special exemptions are allowed for public sector employees.
Time worked by certain state employees that, if not used for paid time off, results in compensation to be cashed out in accordance with regulations or agency policy.
time off that is granted to a worker as compensation for working overtime