Can I work extra hours and accrue “comp” time?

No, comp time is not allowable. To meet University needs, there is flexibility to modify hours on occasion to keep your hours worked the same, but perhaps outside of the standard University hours. In this regard, the University retains the right to limit the number of hours worked by a non-exempt employee in a workweek.  For example, if a non-exempt employee reaches 40 hours worked through four days of a regularly scheduled five-day workweek, the University may direct the employee not to report to work for the fifth day.