barfbag388
Junior Member
What is the name of your state (only U.S. law)? CA
Quick question....at my employer, several of us are salaried, full-time, exempt employees. In lieu of overtime, we earn comp time. Due to a recent acquisition, layoffs of some salaried employees are looming.
What happens to any 'banked' comp time an exempt employee has? Is it forfeited? Is it up to the employer to decide whether or not to pay it at the time of separation? We can't seem to get an answer regarding this.
Can someone shed some light?
Thanks in advance.
Quick question....at my employer, several of us are salaried, full-time, exempt employees. In lieu of overtime, we earn comp time. Due to a recent acquisition, layoffs of some salaried employees are looming.
What happens to any 'banked' comp time an exempt employee has? Is it forfeited? Is it up to the employer to decide whether or not to pay it at the time of separation? We can't seem to get an answer regarding this.
Can someone shed some light?
Thanks in advance.