There is no satisfactory answer to what exactly constitutes time, as yet, and certainly no agreement. Considerable research has been done, and considering the angle one approaches the topic from, the more divergent the opinions.
As one who has been playing with circadian rhythms for nearly five years now, and since September venturing into some extreme time flips, I am comfortable in saying that those people who follow the prevalent 9-5 schedule, truly have no comprehension of the effects of graveyard shift on the human biology and psychology. As my small study group, I have a few others who have 'done graveyards' considerably longer.
Whatever 'time' may be, when we start moving away from natural cycles, or by the ingestion of food and substances affect our perception of same, it does seem apparent that as individuals we experience 'time' quite differently.
Clocks merely tell me when I am supposed to be where doing what, lol.....
It's always the same 'time' to me, merely different activities.