It is always earned at straight time. They are compensated in cash, not in time. FLSA exempt employees are not covered by the Fair Labor Standards Act and are not paid overtime. However, the agency head has the discretion to allow these employees to earn compensatory time for overtime worked. The combination of hours worked, paid leave, and holidays must exceed a total of 40 hours for that week.
Compensatory time is earned at straight time.
Employees have 12 months from the week the compensatory time was earned to use it. Employees may not be paid for any unused compensatory time. However, terminating employees can stay on the payroll to exhaust their comp time if the agency so chooses. Exempt part-time employees who do not work over forty hours but work more than they are appointed receive no additional compensation. State comp time is earned as a result of an employee working on a state holiday.