We are a very small firm in Texas and would like to use Comp Time instead of Overtime pay. I've read parts of the FLSA and it appears that comp time is acceptable for government agencies only. Is that true? If the employee and employer agree to comp time, can the employer still get into trouble?
Thank you.
Linda B.

check with the state department of labor, but usually salaried employees can be given comp time and not overtime. There was a revamp of overtime laws last year.