overtime

(redirected from comp time)
Also found in: Dictionary, Thesaurus, Encyclopedia, Wikipedia.

Overtime

Work by a wage earner in excess of a statutory number or hours. For example, any time that a waged employee works over 40 hours in a week is usually considered overtime. Working overtime may entitle an employee to extra compensation, such as one and a half times his/her ordinary wage, which is often called time-and-a-half.

overtime

extra hours of work undertaken by an employee that are additional to the number of hours specified as constituting the ‘basic’ working week, and for which employees are paid a WAGE RATE higher than the ‘basic’ wage. Firms often resort to overtime working to meet sudden increases in orders, viewing overtime by the existing workforce as a more flexible and cheaper alternative to taking on extra workers. An overtime ban by employees can thus be a highly effective form of INDUSTRIAL ACTION.

overtime

the hours of work that are additional to those formally agreed with the labour force as constituting the basic working week. Employers resort to overtime working to meet sudden increases in business activity, viewing overtime by the existing labour force as a more flexible alternative to taking on extra workers. Overtime pay rates can be two to three times basic hourly rate. See PAY.
References in periodicals archive ?
The argument is [that] employers will coerce their workers to accept comp time in lieu of cash overtime payments and that those agreements by the workers won't truly be voluntary.
During a hearing on the matter, a male deputy chief admitted using comp time for FMLA purposes in the past, whereupon Vigil said she would also change his records to reflect sick leave.
An association might assume that it is in the clear if it has appropriately categorized its employees as exempt and nonexempt and eliminated comp time (or confined it to the specified limits).
There's minimum wage, OSHA's ergonomics rule, expansion of union authority and comp time, to name a few.
The issue came before the court in a lawsuit brought by 127 sheriff's deputies in Harris County, Texas, who challenged their department's policy of giving bureau commanders the power to decide how and when comp time was used.
Under the 1985 amendments to the FLSA, comp time can be used instead of overtime provided there is an agreement or understanding between the employer and the employee that comp time will be granted instead of cash compensation.
Private employers should not use comp time in lieu of paying non-exempt employees for overtime.
The paper declared the bill to be just a way for employers to cut their wage costs, saying that surveys show most workers would choose pay over comp time because they need the money.
But if they could "pay" employees with comp time doled out during slow periods, bosses could extend work weeks with little economic liability and virtually no incentive to hire additional employees.
Nights, weekends, vacations, and comp time they spent campaigning for AuCoin.
Creating a system, such as a reward line, that offers monetary incentives, comp time, peer recognition, or company perks, goes a long way in reducing shrinkage.
Prior to Kronos, tracking comp time balances and calculating overtime were big challenges in payroll.