base salary

Definition

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 employee's base salary is paid in 26 even paychecks over the course of the year.

Use base salary in a sentence

  • I realized that 100,000 dollars would be my base salary at my new job and would increase as my manager saw fit.

    Was this Helpful?   (25)   (0)
  • The base salary was at an acceptable level for the employee to join our firm and he was likely to receive bonuses as well.

    Was this Helpful?   (25)   (0)
  • If you are looking to hire new employees offering a good base salary will help you to get the most qualified candidates.

    Was this Helpful?   (25)   (0)
Show more usage examples...

Related Videos




http://www.businessdictionary.com/definition/base-salary.html

Have a question about base salary? Ask for help in the
Community
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z