Re: "TIME BACK" vs. Overtime $$ pay
You have to defer to either your union rules or your state rules for when you are due overtime.
In most states, the US Department of labor does not consider that you have worked overtime unless you have worked over 40 hours PER WEEK.
It's not factored in by day. So if you work 2 hours over one day, and clock out two hours early later on in the week, then legally, you are not due overtime.
If you are an hourly employee, and work over 40 hours per week, by law, you are required to be paid time-and-a-half.
PS: Comp time is illegal...an employer cannot give you "time off" on another pay period or hours of PTO in lieu of paying you the overtime rate if you work over 40 hours per week.
HOWEVER...if you took hours of sick leave, holiday pay, etc...during that same week and that put you over the 40 hours...overtime pay is not required...it's only due for hours actually, physically worked.
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