Comp time vs. overtime – What you need to know
Insperity
JULY 18, 2019
FLSA legal definitions. First, it’s helpful to understand some key terms and their legal definitions: Overtime: This is a premium of 1 ½ times the regular rate of pay for any hours in excess of 40 hours in a work week. Remember: offering comp time in lieu of overtime is not available to private employees.)
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