Glossary   >  Compensatory Off

Compensatory Off

Compensatory off is a time off entitled to an employee for working on paid holiday or week off defined by the company. It has to be availed by the employee in the given period of time only. There are also laws defined for availing compensatory off and payments if the employee works on statutory holidays. Companies with a compensatory off policy pay the employees in the form of paid time off (PTO).

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