Dear all Please tell me the difference between compensatory off and overtime(OT) is comp off applicable for software people, please giude me in this regard Anupama
From India, Bangalore
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From India, Bangalore
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Dear Anupama,
Compensatory Due Off: Every employee works for six days in a week and gets one day off. If an employee is called in on such an off day, they are entitled to enjoy a day off on a working day.
Overtime: Overtime is the excess period worked over and above the agreed period, against which the company is liable to pay additional payments at a prescribed rate. For example, in most cases, working hours per day are 8. If a worker is made to work for 10 hours in a day, their overtime is equal to two hours.
Now, coming to IT. Both Compensatory Off and Overtime are paid as per statutory norms guided by various Acts that may be applicable. If your company is registered under the Shops and Establishment Act, then both Compensatory Due Off and Overtime will be applicable for employees who fall under the category as per the Act.
If none of the employees is covered by the Act, then the company is not bound to give them.
As for the management cadre, neither of the above is applicable, and it is solely on the company to give effect. Management employees should not be given overtime as they are not supposed to have any fixed working period.
Compensatory Off is usually given to all management employees by many companies as a way of welfare and the creation of a conducive and stress-free work environment.
Regards,
SC
From India, Thane
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47Compensatory Due Off: Every employee works for six days in a week and gets one day off. If an employee is called in on such an off day, they are entitled to enjoy a day off on a working day.
Overtime: Overtime is the excess period worked over and above the agreed period, against which the company is liable to pay additional payments at a prescribed rate. For example, in most cases, working hours per day are 8. If a worker is made to work for 10 hours in a day, their overtime is equal to two hours.
Now, coming to IT. Both Compensatory Off and Overtime are paid as per statutory norms guided by various Acts that may be applicable. If your company is registered under the Shops and Establishment Act, then both Compensatory Due Off and Overtime will be applicable for employees who fall under the category as per the Act.
If none of the employees is covered by the Act, then the company is not bound to give them.
As for the management cadre, neither of the above is applicable, and it is solely on the company to give effect. Management employees should not be given overtime as they are not supposed to have any fixed working period.
Compensatory Off is usually given to all management employees by many companies as a way of welfare and the creation of a conducive and stress-free work environment.
Regards,
SC
From India, Thane
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Hi Anupama,
Though I would not be able to give you an exact definition for the same, but as per my experience, OT is when you do extra work. For example, if your office timings are 9-6 and someone is working until 10 p.m. or if he/she is coming in on a holiday for work, then it is called OT. Comp off is when he takes leave on behalf of the work he/she has done on a holiday.
Yes, comp off is applicable for software professionals.
If you need any further clarification, you can call me on my number i.e., 98710-81358.
Regards,
Sujata
From India, Faridabad
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Though I would not be able to give you an exact definition for the same, but as per my experience, OT is when you do extra work. For example, if your office timings are 9-6 and someone is working until 10 p.m. or if he/she is coming in on a holiday for work, then it is called OT. Comp off is when he takes leave on behalf of the work he/she has done on a holiday.
Yes, comp off is applicable for software professionals.
If you need any further clarification, you can call me on my number i.e., 98710-81358.
Regards,
Sujata
From India, Faridabad
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