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Comp Time vs. Overtime Pay: Understanding the Key Differences

Comp Time vs. Overtime Pay: Understanding the Key Differences

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Summary

  • Comp time and overtime pay are two different ways to recognize extra work, one with time off, the other with extra pay.
  • Choosing the right option depends on your team’s preferences, workplace culture, and legal requirements, including whether comp time is permitted in your sector and for your employee types.
  • Managing comp time is easier with the right tools, especially when tracking balances, expiry dates, and approvals across your team.

Last updated on April 8, 2025