basic wage


Also found in: Thesaurus, Financial, Encyclopedia, Wikipedia.

basic wage

n
1. (Industrial Relations & HR Terms) a person's wage excluding overtime, bonuses, etc
2. (Industrial Relations & HR Terms) Austral the statutory minimum wage for any worker
References in periodicals archive ?
That APS21m is Sanchez's basic wage. Bonuses if met could earn him as much as APS560,000 per week.
'For work done during the special non-working holiday, he/she shall be paid an additional 30 percent of his/her daily rate on the first eight hours of work [(basic wage x 130 percent) + COLA],' the DOLE statement read.
The pay deal in August 1974 would take the minimum basic wage for an unskilled labourer to just over PS40 a week, with the top grade skilled man on shift work getting a basic of almost PS50 a week.
After several hours of negotiations today, the Basic Wage Deliberation Committee of the Ministry of Labor (MOL) decided to raise the monthly minimum wage from NT$23,100 (US$736) to NT$23,800, an increase of three percent.
"However, after three years of campaigning looking for the Finance Minister to raise the basic wage of Defence Forces, these small concessions are not enough.
Those who will work during a special nonworking holiday will get 30 percent more of their basic wage and another 30 percent of their hourly rate if they will work overtime.
It states, "Every employee shall be entitled to his basic wage and the housing allowance if applicable in respect of his days of annual leave.
Section 30 of the Employment Act already tasks the employer to provide housing or house allowance to the employee tabulated at 15 per cent of the basic wage. This levy automatically increases that costs to 16.5% of the basic wage without justification, she said.
1000 as the daily basic wage for plantation workers.
Meanwhile, employees who will work during a regular holiday that also falls on their rest day, should be given an additional 30 percent of their basic wage of 200 percent, DOLE noted.
The Brazilian reportedly earns a basic wage of [pounds sterling]68,085-a-week, which isn't a small amount by any stretch of the imagination.

Full browser ?