Common use of Compensating Time-Off (CTO Clause in Contracts

Compensating Time-Off (CTO. An employee may receive, in lieu of overtime compensation, compensating time off (CTO) at a rate of not less than 1.5 hours for each hour of employment for which overtime compensation is required by law up to a maximum of 40 hours. CTO will accrue at the same rate at which the overtime was earned and the employee’s accumulated CTO balance shall not exceed 40 hours at any time. The payroll clerk will be responsible for keeping a record of each employee’s CTO activity.

Compensating Time-Off (CTO. An employee may receive, in lieu of overtime compensation, compensating time off (CTO) at a rate of not less than 1.5 hours for each hour of employment for which overtime compensation is required by law up to a maximum of 40 60 hours. CTO will accrue at the same rate at which the overtime was earned earned, and the employee’s 's accumulated CTO balance shall not exceed 40 60 hours at any time. The payroll clerk will be responsible for keeping a record of each employee’s CTO activity.