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# What is comp time for travel?

## What is comp time for travel?

A. Compensatory time off for travel is a separate form of compensatory time off that may be earned by an employee for time spent in a travel status away from the employee’s official duty station when such time is not otherwise compensable.

How do you calculate comp time?

Comp time is calculated by multiplying 1.5 times overtime hours worked.

### What does it mean to comp time?

Compensatory time, or comp time, is paid time off given to an employee instead of overtime pay. For example, you have an employee who works 45 hours in one week. Instead of paying that employee five hours at time-and-a-half, you offer five hours of PTO instead, in exchange for those extra hours worked.

What is the difference between compensatory time and credit hours?

Under certain circumstances, your agency may give you comp time instead of paying you overtime for any hours you are required to work that go beyond your regular work week. Credit hours are different. They are earned only when you voluntarily elect to work in excess of your basic work week.

#### Can GS 15 earn comp time?

AD employees with salaries in excess of the GS-15, step 10, are not eligible for overtime or compensatory time. the biweekly pay limitation by choosing compensatory time off as a substitute for monetary overtime pay.

What is the difference between comp time and credit hours?

## How do you calculate comp time in Excel?

Basic overtime calculation formula

1. =(regular time*rate) + (overtime*rate*1.5)
2. Total pay for overtime: =(E4*G4)+(F4*G4*1.5)
3. Total hours worked: =(C4-B4)*24.
4. Regular time formula: =MIN(8,D4)
5. Overtime: =D4-E4.
6. =(E4*G4)+(F4*G4*1.5)
7. =(regular time*rate) + (overtime*rate*1.5)

Can comp time be denied?

An employee must be permitted to use comp time within a reasonable period of time of making the request to the employer. (Essentially, an employer may deny use of comp time only if it would unduly disrupt the employer’s operations). An employer must keep records of comp time accrued and used by its employees.

### Is comp time better than overtime?

Workers are never better off under comp time than overtimeâ€”and they are typically worse off.

What is the difference between flextime and comp time?

Comp time should not be confused with “flex-time.” Flex-time allows employees to schedule their regular working hours in a way that accommodates their personal preferences and family commitments. Comp time strictly refers to compensation for overtime work.