Time in Lieu (TIL), also known as compensatory time off or time off in lieu, refers to a practice in which employees receive time off from work instead of overtime pay for the additional hours they have worked beyond their regular working hours. Instead of being paid overtime wages, employees accumulate hours that can be taken as paid time off at a later date. The specific policies and regulations regarding Time in Lieu can vary depending on local labor laws and company policies. Here are some key details about Time in Lieu:
Time in Lieu can be a beneficial arrangement for both employers and employees. It provides employees with the flexibility to take time off to rest, address personal matters, or maintain work-life balance. Employers can benefit from improved employee satisfaction, reduced overtime costs, and enhanced productivity and engagement. However, it's important for both employers and employees to understand and adhere to the specific policies and guidelines regarding Time in Lieu in their respective organizations and jurisdictions.
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