Working Families Flexibility Act of 2024

The Working Families Flexibility Act of 2024 allows private-sector employees to choose compensatory time off (1.5 hours for each overtime hour worked) instead of cash overtime pay, provided they have worked at least 1,000 hours for their employer in the past 12 months. Employers must offer this option only through collective bargaining agreements or written employee agreements made voluntarily before work begins, with strict limits: employees can accrue no more than 160 hours of comp time, and unused time must be paid out in cash by January 31 each year (or within 30 days after a chosen 12-month period). The bill also requires employers to pay unused comp time at the higher of the employee’s regular rate when earned or their final rate, and prohibits intimidation for choosing comp time or cash. This applies only to private-sector employees (not public agencies) and expires 5 years after enactment.