It's worth getting right in time, perhaps (5)
I believe the answer is:
merit
'it's worth' is the definition.
(merit is a kind of worth)
'right in time perhaps' is the wordplay.
'right' becomes 'r' (common abbreviation).
'in' means one lot of letters goes inside another.
'perhaps' indicates an anagram.
'time' anagrammed gives 'meit'.
'r' placed within 'meit' is 'MERIT'.
'getting' acts as a link.
(Other definitions for merit that I've seen before include "Deserve, be worthy of" , "of a high order?" , "Goodness" , "Good point or quality" , "Have a right" .)