OH SB62

Allows private sector employers to offer compensatory time off (comp time) at a rate of at least 1.5 hours for each hour of overtime work, as an alternative to monetary overtime compensation under certain conditions.

Requires comp time arrangements to be authorized through either a collective bargaining agreement or a voluntary written agreement initiated by the employee (not as a condition of employment).

Limits comp time accrual to a maximum of 240 hours and requires employers to pay unused hours at the employee's regular rate by January 31st annually or provide payment within 30 days of accrual exceeding 80 hours.

Permits employees to use accrued comp time within a reasonable period after requesting it, allows employees to withdraw from comp time arrangements at any time, and requires full payment upon employment termination.

Prohibits employers from intimidating, threatening, coercing, or terminating employees regarding their choice to request or decline comp time, and provides civil remedies including liquidated damages equal to unused comp time hours for violations.