Definition of Base salary:
The standard minimum salary received by a person, exclusive of any additional compensation such as bonuses or commission.
Base salary is a fixed amount of money paid to an employee by an employer in return for work performed. Base salary does not include benefits, bonuses or any other potential compensation from an employer. Base salary is paid, most frequently, in a bi-weekly paycheck to an exempt or professional employee. In most years, an employees base salary is paid in 26 even paychecks over the course of the year.
How to use Base salary in a sentence?
- The base salary was at an acceptable level for the employee to join our firm and he was likely to receive bonuses as well.
- I realized that 100,000 dollars would be my base salary at my new job and would increase as my manager saw fit.
- If you are looking to hire new employees offering a good base salary will help you to get the most qualified candidates.
Meaning of Base salary & Base salary Definition