base pay


Also found in: Financial.

base pay

n.
An amount or a rate of compensation for a specified position of employment or activity excluding any other payments or allowances.

base′ pay′


n.
pay received for a given work period, as an hour or week, but not including overtime, bonuses, and the like.
[1915–20]
References in periodicals archive ?
Senator Loren Legarda today said that the increase in base pay of military and uniformed personnel in the government is funded under the 2018 national budget.
Under the modified base pay of the Philippine National Police (PNP) effective starting this January, Director General Ronald 'Bato' Dela Rosa's monthly basic salary would now be P121,143 - a 79 percent increase from the current P67,500.
Resolution 575 tasked the DBM to recompute and readjust the base pay of civilian personnel below and above Salary Grade 11 to ensure that the compensation of civilian personnel are proportional to that of their MUP counterparts.
President Rodrigo Duterte has signed Joint Resolution 01 increasing the base pay of the military and uniformed personnel in government.
Under the joint resolution, a signed copy of which was made available to the media on Tuesday, a private, a fire or jail officer, a police officer and an apprentice seaman or seaman third class would receive a monthly base pay of P29,668 starting Jan.
11, which authorizes the increase in the base pay of MUP.
BP is freezing base pay across the group this year, the latest in a series of steps by oil majors to cut costs in response to sinking oil prices.
The base pay raise is effective immediately, according to sources.
However, the company said that workers have the potential to offset low base pay increases through performance-based awards.
workers continue to rise incrementally, but workers can offset low base pay increases through performance-based awards, new research reveals.
Different levels of base pay were specified for different jobs, and supervisors could make adjustments based on employee performance.
NEW YORK: American Express Co raised Chief Executive Kenneth Chenault s base pay by 60 percent to $2 million for 2010, in the latest instance of Wall Street firms boosting regular executive compensation while cutting bonuses.