banked hours
Stored work credit
Banked hours are work hours accumulated beyond regular schedules, saved for later use as time off or compensation.
Employees who work overtime may bank those hours rather than receive immediate pay: I've got twenty banked hours I can use for vacation.
The practice is common in flexible work arrangements and shift-based industries.
- overtimeWork beyond scheduled hours
- comp timePaid leave for overtime
- comp dayEarned time off
- accruedGradually accumulated
- leaveSanctioned time away
time off · PTO · paid time off · vacation · use it or lose it · schedule · payroll · clock · shift · shift swap · balance · carryover · accumulate · timesheet · credit · rollover · unused · earned