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One of my nonexempt employees has earned compensatory time off, now that the employee is becoming exempt, can s/he retain the compensatory time balance?

April 26, 2017Balance Compensatory earned employee employees exempt nonexempt time

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One of my nonexempt employees has earned compensatory time off, now that the employee is becoming exempt, can s/he retain the compensatory time balance?

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In accordance with the Fair Labor Standards Act, exempt employees are ineligible to earn or retain a compensatory time off balance, and the balance must be paid off in full, effective with the change to exempt status.