The annual salary of an employee, which may be used as a basis for computing premium pay, retirement annuity, etc. Base pay does not include locality pay, bonuses, or incentives, which are referred to as variable pay. Used interchangeably with the term salary.
The rate of pay approved for an employee in a position exclusive of any additional pay, such as supplements, bonuses, longevity pay, temporary salary adjustments, shift differential pay, or on-call pay.
An individual's basic earned wage or salary, excluding overtime, bonuses and unearned income.
Your pay for purposes of determining life insurance, AD&D insurance, and LTD coverage, as determined by your business unit.
An employeeâ€(tm)s annual rate of pay, not including shift differential, overtime, lump sums or bonus payments. The company establishes individual base pay levels based on certain factors â€” including surveys on pay levels for food/beverage/tobacco companies. Another important factor is ensuring that base pay for any job is appropriate when compared to the pay for other jobs within our company.
The basic annual salary or hourly wage that an employee receives.
The fixed pay an employee receives that does not change due to performance or results achieved.
The basic compensation an employee receives, usually as a wage or salary.