1. Short title This Act may be cited as the Working Families Flexibility Act of 2017 . 2. Compensatory time Section 7 of the Fair Labor Standards Act of 1938 ( 29 U.S.C. 207 ) is amended by adding at the end the following: (s) Compensatory time off for private employees (1) General rule An employee may receive, in accordance with this subsection and in lieu of monetary overtime compensation, compensatory time off at a rate not less than one and one-half hours for each hour of employment for which overtime compensation is required by this section. (2) Conditions An employer may provide compensatory time to employees under paragraph (1) only if such time is provided in accordance with— (A) applicable provisions of a collective bargaining agreement between the employer and the labor organization that has been certified or recognized as the representative of the employees under applicable law; or (B) in the case of employees who are not represented by a labor organization that has been certified or recognized as the representative of such employees under applicable law, an agreement arrived at between the employer and employee before the performance of the work and affirmed by a written or otherwise verifiable record maintained in accordance with section 11(c)— (i) in which the employer has offered and the employee has chosen to receive compensatory time in lieu of monetary overtime compensation