Base Salary definition: Copy, customize, and use instantly
Introduction
The term "Base Salary" refers to the fixed amount of compensation an employee is paid for their work, excluding bonuses, benefits, or additional performance-based incentives. It is essential for establishing the guaranteed pay an employee can expect before considering other compensation components.
Below are various examples of how "Base Salary" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Base Salary" as the fixed compensation
This definition ties "Base Salary" to the guaranteed fixed compensation paid to an employee for their work, excluding bonuses, benefits, and commissions.
"Base Salary" means the fixed, regular payment made to an employee for performing their job duties, not including bonuses, benefits, or other forms of compensation.
Definition of "Base Salary" as the core earnings
This definition connects "Base Salary" to the core earnings of an employee, which serve as the foundation for additional compensation like bonuses or commissions.
"Base Salary" refers to the core, predetermined amount an employee receives as compensation for their work, before any performance-related bonuses or incentives are added.
Definition of "Base Salary" as an hourly wage
This definition links "Base Salary" to the hourly wage of an employee, excluding additional allowances or overtime.
"Base Salary" means the amount an employee earns on an hourly basis for their standard work hours, excluding overtime, commissions, or other supplemental earnings.
Definition of "Base Salary" as compensation before taxes
This definition applies "Base Salary" to the total pre-tax amount an employee is entitled to receive, excluding deductions for taxes, retirement plans, or other withholdings.
"Base Salary" refers to the amount of compensation an employee receives before the deduction of taxes, insurance, or other deductions from their paycheck.
Definition of "Base Salary" as a guaranteed payment
This definition ties "Base Salary" to the guaranteed amount an employee is entitled to receive, regardless of performance or company profits.
"Base Salary" means the guaranteed amount of compensation an employee is entitled to receive, irrespective of the company’s performance or individual achievements.
Definition of "Base Salary" as the starting pay
This definition connects "Base Salary" to the initial amount of compensation an employee receives at the beginning of their employment.
"Base Salary" refers to the starting compensation amount agreed upon at the time of hiring, typically excluding bonuses or other forms of supplementary pay.
Definition of "Base Salary" as the salary exclusive of overtime
This definition links "Base Salary" to the employee’s pay, excluding any additional overtime pay or commissions.
"Base Salary" means the fixed compensation an employee earns for their standard work hours, not including overtime pay, bonuses, or commissions.
Definition of "Base Salary" as an annual compensation figure
This definition applies "Base Salary" to the total amount an employee earns annually, excluding bonuses or other non-guaranteed payments.
"Base Salary" refers to the total annual compensation an employee receives, not including bonuses, commissions, or other performance-based rewards.
Definition of "Base Salary" as a benchmark for other compensation
This definition connects "Base Salary" to the salary level that serves as a benchmark for determining bonuses, benefits, and other compensation components.
"Base Salary" refers to the standard salary amount that serves as the reference point for calculating bonuses, incentives, and other types of compensation.
Definition of "Base Salary" as the fixed component of total earnings
This definition ties "Base Salary" to the fixed portion of an employee's overall earnings, which may be supplemented by variable components like commissions or bonuses.
"Base Salary" means the fixed portion of an employee’s total earnings, excluding any variable earnings such as commissions, bonuses, or profit-sharing.
Definition of "Base Salary" as the fixed compensation
This definition ties "Base Salary" to the guaranteed fixed compensation paid to an employee for their work, excluding bonuses, benefits, and commissions.
"Base Salary" means the fixed, regular payment made to an employee for performing their job duties, not including bonuses, benefits, or other forms of compensation.
Definition of "Base Salary" as the core earnings
This definition connects "Base Salary" to the core earnings of an employee, which serve as the foundation for additional compensation like bonuses or commissions.
"Base Salary" refers to the core, predetermined amount an employee receives as compensation for their work, before any performance-related bonuses or incentives are added.
Definition of "Base Salary" as an hourly wage
This definition links "Base Salary" to the hourly wage of an employee, excluding additional allowances or overtime.
"Base Salary" means the amount an employee earns on an hourly basis for their standard work hours, excluding overtime, commissions, or other supplemental earnings.
Definition of "Base Salary" as compensation before taxes
This definition applies "Base Salary" to the total pre-tax amount an employee is entitled to receive, excluding deductions for taxes, retirement plans, or other withholdings.
"Base Salary" refers to the amount of compensation an employee receives before the deduction of taxes, insurance, or other deductions from their paycheck.
Definition of "Base Salary" as a guaranteed payment
This definition ties "Base Salary" to the guaranteed amount an employee is entitled to receive, regardless of performance or company profits.
"Base Salary" means the guaranteed amount of compensation an employee is entitled to receive, irrespective of the company’s performance or individual achievements.
Definition of "Base Salary" as the starting pay
This definition connects "Base Salary" to the initial amount of compensation an employee receives at the beginning of their employment.
"Base Salary" refers to the starting compensation amount agreed upon at the time of hiring, typically excluding bonuses or other forms of supplementary pay.
Definition of "Base Salary" as the salary exclusive of overtime
This definition links "Base Salary" to the employee’s pay, excluding any additional overtime pay or commissions.
"Base Salary" means the fixed compensation an employee earns for their standard work hours, not including overtime pay, bonuses, or commissions.
Definition of "Base Salary" as an annual compensation figure
This definition applies "Base Salary" to the total amount an employee earns annually, excluding bonuses or other non-guaranteed payments.
"Base Salary" refers to the total annual compensation an employee receives, not including bonuses, commissions, or other performance-based rewards.
Definition of "Base Salary" as a benchmark for other compensation
This definition connects "Base Salary" to the salary level that serves as a benchmark for determining bonuses, benefits, and other compensation components.
"Base Salary" refers to the standard salary amount that serves as the reference point for calculating bonuses, incentives, and other types of compensation.
Definition of "Base Salary" as the fixed component of total earnings
This definition ties "Base Salary" to the fixed portion of an employee's overall earnings, which may be supplemented by variable components like commissions or bonuses.
"Base Salary" means the fixed portion of an employee’s total earnings, excluding any variable earnings such as commissions, bonuses, or profit-sharing.
Definition of "Base Salary" as compensation excluding equity awards
This definition focuses on "Base Salary" as the cash component of an employee's pay, exclusive of equity-based compensation.
"Base Salary" refers to the cash compensation an employee receives for their work, excluding any stock options, equity grants, or other forms of non-cash compensation.
Definition of "Base Salary" as a minimum salary
This definition ties "Base Salary" to the minimum guaranteed amount an employee will earn before any potential variable compensation is considered.
"Base Salary" means the minimum guaranteed amount of compensation an employee will receive, not including any additional performance-based or discretionary bonuses.
Definition of "Base Salary" as the monthly payment
This definition connects "Base Salary" to the specific amount paid to an employee on a monthly basis for their work.
"Base Salary" refers to the monthly fixed payment an employee receives for performing their work duties, excluding any overtime, benefits, or bonuses.
Definition of "Base Salary" as a salary subject to negotiation
This definition applies "Base Salary" to an amount that is negotiated based on factors such as experience, skills, and market conditions.
"Base Salary" means the agreed-upon fixed salary between an employer and employee, determined by negotiation or contractual agreement.
Definition of "Base Salary" as a factor in tax calculation
This definition links "Base Salary" to the employee's income for the purpose of calculating applicable taxes or contributions.
"Base Salary" refers to the amount used to calculate an employee's taxable income or contributions to benefits and retirement plans, before considering any deductions.
Definition of "Base Salary" as adjusted for inflation
This definition connects "Base Salary" to an amount that may be adjusted periodically to reflect changes in the cost of living or inflation.
"Base Salary" means the initial salary that may be adjusted annually to reflect the cost of living or inflation, ensuring that the employee's compensation keeps pace with economic changes.
Definition of "Base Salary" as a non-negotiable amount
This definition ties "Base Salary" to an amount that is fixed and non-negotiable once agreed upon by both the employer and employee.
"Base Salary" refers to a fixed and non-negotiable amount of compensation that an employee is entitled to receive for performing their work duties.
Definition of "Base Salary" as a term for employees at a specific level
This definition applies "Base Salary" to employees at a particular level or rank within an organization, defining a standard salary for that group.
"Base Salary" refers to the standard salary offered to employees at a specific level or rank within the organization, excluding any additional incentives or bonuses.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.