basic salary definition
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Basic Salary Basic Salary. Basic salary is the base income of an individual. Basic salary is the amount paid to employees before any reductions or increases due to overtime or bonus, allowances (internet usage for those who work from home or communication allowance).
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ARMY PAY CHART AND BASIC PAY: ACTIVE DUTY SOLDIERS THE FOUNDATION OF YOUR SALARY PACKAGE. Active duty Soldiers and activated Army Reserve Soldiers earn Army Basic Pay. Basic Pay is your base salary as a Soldier on active duty and it counts only as part of your total income.It is distributed on the 1st and 15th of every month, similar to many civilian jobs.HE FOUNDATION OF YOUR SALARY PACKAGE. Active duty Soldiers and activated Army Reserve Soldiers earn Army Basic Pay. Basic Pay is your base salary as a Soldier on active duty and it counts only as part of your total income.
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What is base salary? Confidence votes 384. Base salary is what you get each month (or each week) to do what you are required to do within the hours agreed. Besides the base salary, you may be entitled to a commission, bonus, premium, etc. It must be written black on white in the contract.   No, Base Salary is your yearly income before commissions or bonuses. This Figure is before taxes are deducted     Hourly rate is a set wage that you charge … or earn for work performed.
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base salary 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.
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Basic Pay Basic Pay is the base salary for a Soldier on active duty and counts for part of total military income.Basic Pay is electronically distributed on the 1st and 15th of every month, similar to many civilian jobs.Basic Pay for a Soldier depends on length of service as well as rank (most enlisted Soldiers enter the Army as a private). 1  Regular Army: Active Duty. 2  Regular Army: Retired. 3  Army National Guard: Federal Active Duty.asic Pay is electronically distributed on the 1st and 15th of every month, similar to many civilian jobs. Basic Pay for a Soldier depends on length of service as well as rank (most enlisted Soldiers enter the Army as a private). 1  Regular Army: Active Duty. 2  Regular Army: Retired. 3  Army National Guard: Federal Active Duty.
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Part 6. Human Resources Management WGI purposes, an employee's rate of. basic pay is the rate of pay fixed by. law or administrative action for the. position held by the employee before. any deductions and exclusive of. additional pay of any kind.
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The Differences Between Base Pay & Annual Pay Base Pay. Base pay is a term that generally describes the minimum compensation that you can expect to make on your job. Base pay can be expressed in terms of an hourly rate of pay, such as $10.15 per hour, or it can be expressed in a number of other different forms.ompensation is affected by taxes and benefits. Comstock/Comstock/Getty Images. Base pay and annual pay are terms that are often used interchangeably when referring to the amount money someone makes. However, the two terms do have slightly different meanings.
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- Most monetary components of compensation are quoted as either a salary or a wage. A salary is the amount that an employee receives in exchange for working over a specific period of time without regard for the precise number of hours worked. For example, an employee with a monthly salary of $2,000 would receive $2,000 that month whether the employee worked 160 or 200 hours.
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Basic Pay Summary: Basic Pay is the base salary for a Soldier on active duty and counts for part of total military income. Basic Pay is electronically distributed on the 1st and 15th of every month, similar to many civilian jobs.ummary: Basic Pay is the base salary for a Soldier on active duty and counts for part of total military income. Basic Pay is electronically distributed on the 1st and 15th of every month, similar to many civilian jobs.
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What is the Difference between gross salary and basic salary? There are several differences between gross salary and basic salary. Basic salary is the agreed upon rate of pay discussed between employer and employee which does not include overtime or any other forms of extra compensation.
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The Differences Between Base Pay & Annual Pay Base Pay. Base pay is a term that generally describes the minimum compensation that you can expect to make on your job. Base pay can be expressed in terms of an hourly rate of pay, such as $10.15 per hour, or it can be expressed in a number of other different forms.If you work on a salary basis, your base pay may be expressed as a monthly figure such as $4,000 per month, or on a yearly basis as $48,000 per year.ase pay can be expressed in terms of an hourly rate of pay, such as $10.15 per hour, or it can be expressed in a number of other different forms. If you work on a salary basis, your base pay may be expressed as a monthly figure such as $4,000 per month, or on a yearly basis as $48,000 per year.
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Definitions &Translations salary(Noun) A fixed amount of money paid to a worker, usually measured on a monthly or annual basis, not hourly, as wages. Implies a degree of professionalism and/or autonomy. salary(Verb) To pay on the basis of a period of a week or longer, especially to convert from another form of compensation.
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Salary In accounting, salaries are recorded in payroll accounts. Salary is a fixed amount of money or compensation paid to an employee by an employer in return for work performed. Salary is commonly paid in fixed intervals, for example, monthly payments of one-twelfth of the annual salary. general rule for comparing periodic salaries to hourly wages is based on a standard 40 hour work week with 50 weeks per year (minus two weeks for vacation). (Example: $40,000/year periodic salary divided by 50 weeks equals $800/week.
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- Basic salary is what they state as being basic salary. I.e. You could have a basic salary of 15,000 Then you might get a few benefits (location allowance, lunch allowance etc) Maybe taking it up to say 15,500 Then if there's commission/bonus, then you'll also be paid that on top.
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The Differences Between Base Pay & Annual Pay Base Pay. Base pay is a term that generally describes the minimum compensation that you can expect to make on your job. Base pay can be expressed in terms of an hourly rate of pay, such as $10.15 per hour, or it can be expressed in a number of other different forms.If you work on a salary basis, your base pay may be expressed as a monthly figure such as $4,000 per month, or on a yearly basis as $48,000 per year.f you work on a salary basis, your base pay may be expressed as a monthly figure such as $4,000 per month, or on a yearly basis as $48,000 per year.
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- DEFINITION of 'Base Pay'. An employee's initial rate of compensation, excluding extra lump sum compensation or increases in the rate of pay. An employee's base pay can be expressed as a base hourly rate of pay or as an annual salary.Next Up.n employee's initial rate of compensation, excluding extra lump sum compensation or increases in the rate of pay. An employee's base pay can be expressed as a base hourly rate of pay or as an annual salary. Next Up.
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The Difference Between Base Salary & Total Compensation Base Salary. Base salary is what you see on your paycheck. It is the amount per hour or per year that you are paid for performing your job. Base salary does not include any bonuses, benefits or perks associated with the job. It increases with raises or adjustments, but remains the yearly or hourly wage paid. Base salary is typically the number you say when people ask you how much you make -- what you are paid.
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basic salarynoun  [ C or U] basic salarynoun [ C or U ] earn/be on/get a basic salary of She earns a basic salary of £450K per annum. On top of his basic salary, the CEO could also receive share benefits. pay a basic salary For the right person, we are willing to pay a basic salary of $200,000, plus bonus.
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- Fort Worth, Texas 76107 817-336-6617 Founded in 1984, Challenge of Tarrant County is dedicated to confronting substance abuse by identifying needs, educating the community, mobilizing resources, promoting collaboration, and advocating for sound public policy. FOL has left its mark at Weatherford College, helping students make great decisions.
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-     No, Base Salary is your yearly income before commissions or bonuses. This Figure is before taxes are deducted     Hourly rate is a set wage that you charge … or earn for work performed.    Hourly rate Formula:   Divide annual rate of basic pay by 2,087 hours. base salary is when you get paid a smaller amount that you can  count on in pay for your job. The commission is what you get when  you sell something which is added to you … r base pay. Deb Willoughby. 954,969 Contributions.
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What is a 'Base Pay' Base Pay. What is a 'Base Pay'. Base pay is the initial rate of compensation an employee receives in exchange for services. It excludes extra lump sum compensation such as bonuses or overtime pay, as well as benefits and raises. An employee's base pay can be expressed as an hourly rate or as a weekly, monthly or annual salary.
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- Spermatozoa are the mature male gametes in many sexually reproducing organisms. Thus, spermatogenesis is the male version of gametogenesis. In mammals it occurs in the seminiferous tubules of the male testes in a stepwise fashion.
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base salary 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.efinition. 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.
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UAE Labour Law Section 5 - Payment of Wages Basic Wage is the wage specified in the labour contract and as agreed between the parties for the term of the contract. Allowances of whatever nature are not included in the basic wage. Therefore, accommodation, housing, transport and travel allowances will not be included in the basic wage.ages according to the Law, has been defined as follows: Remuneration paid to the employee in return for his services under a labour contract, whether in cash or in kind; annually, monthly, weekly, daily, hourly, on a piece-rate, productivity linked.
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- A salary is a form of periodic payment from an employer to an employee, which may be specified in an employment contract. general rule for comparing periodic salaries to hourly wages is based on a standard 40 hour work week with 50 weeks per year (minus two weeks for vacation). (Example: $40,000/year periodic salary divided by 50 weeks equals $800/week.
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Definition of Wages Definition of Wages. Wages are defined as payment for services or labor to a worker, especially remuneration that is paid on an hourly, daily or weekly basis, or by the piece. When an employee is paid a fixed weekly or monthly wage, it is usually referred to as a salary. As it applies to workers' compensation, wages include all forms of remuneration that are payable to an employee by their employer over a given period for personal services. In most instances, wages also refer to what an employee is paid on an average hourly or weekly basis.