Definition of base salary in English English dictionary
standard salary which an employee receives for doing a job It is used as the basis for calculating other allowances and benefits
refers to the annual salary component of the contract of employment exclusive of any additional allowances, payments or non-cash benefits
often times is less than 1M due to excessive compensation imposed by the IRS
Your salary exclusive of all commissions, incentive compensations or bonuses, but including all before-tax salary reduction amounts you direct to other Company programs
The annual salary the university agrees to pay an individual employee for the year involved For faculty and other employees not employed on a twelve-month basis, the base salary is what an individual is contracted to receive during the academic year The Employee Base Salary Rate is the employee's normal bi-weekly salary, divided by 75 hours