comp time Meaning in the Cambridge English Dictionary
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Meaning of “comp time” in the English Dictionary

"comp time" in British English

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comp timenoun [U]

US (also compensatory time, UK time off in lieu)
time that an ​employee who has ​workedextrahours may take off from ​work : Under the ​legislation, comp ​time would ​accumulate at the ​rate of 1.5 ​hoursperhour of ​overtimeworked.
(Definition of comp time from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"comp time" in American English

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comp timenoun [U]

 us   /ˈkɑmp tɑɪm/
extra time put in by a ​worker that can be ​exchanged for an ​equalamount of time to be used as ​vacationdays, with no ​loss in ​pay
(Definition of comp time from the Cambridge Academic Content Dictionary © Cambridge University Press)

"comp time" in Business English

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HR, WORKPLACE time that an ​employee who has ​workedextrahours may take off from ​work: In a lot of ​places, if you ​workovertime, they will give you comp ​time as ​opposed to ​additionalpay.
(Definition of comp time from the Cambridge Business English Dictionary © Cambridge University Press)
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