When you develop film for a shorter time, you don't just decrease density, but you also decrease contrast. When you print the negative you usually end up having to compensate for that by increasing the contrast back up to normal (however you want it) again.
This is true whether you give the film more exposure than usual or not.
The only thing you have to watch for is that sometimes you record a very long brightness range, longer than what is printable if you develop 'normal'. So if you shot a very high contrast scene, it may be necessary for you to contract the development by shortening developing time. But in normal contrast lighting, I would, like Rick A, not change anything because of a one stop over-exposure compared to normal.