Compensatory Time Policies and How They Can Impact Labor Accounting for Government Contractors
The term "Comp Time" is often overused and can mean different things to different people. When DCAA uses the term comp time, they are referring to the excess hours
Most contractors follow total time accounting but even with total time accounting the contractor can institute a compensatory time policy whereby exempt employees can accumulate excess worked hours and use these hours in the future as additional time off.
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