Base Pay Rate

Base Pay Rate

The hourly wage an employee or contractor is paid. The base pay rate is used to calculate overtime, bonuses and some other fringe benefits.
References in periodicals archive ?
Our current pay system, which sets a base pay rate, already allows for adjustments in high cost areas like London.
Incorporating the post-graduate allowance into the base pay rate delivers an increase in all payments, such as annual leave loading, shift penalties and superannuation.
And base pay rate adjustment errors are now a thing of the past because WebPay features a breakthrough adjustment calculator.
Gainsharing bonuses do not affect a worker's base pay rate.
It asked them whether they supported the goat of $28/hr as the top pay rate; their current base pay rate, exclusive of any merit step payments; whether they received merit step payments; how tong they had been working in PHC; and whether there were any recruitment and retention issues in their workplace or other workplaces in their area.
At Dubuque, the $8 an hour base pay rate will be raised by a total of $1.
This method rewards those who sign up first with the highest percentage amount and recognizes more experienced nurses by tying the bonus to their base pay rate.
First, the base pay rate, which differed substantially from region to region, will become much more consistent over the term of the agreements.
The accord also raised the base pay rate to $9 an hour, from $8.
Expectations for 2006 salary increases are categorized in the survey by the three components of a total pay raise: general increase (COLA), an across-the-board wage and salary increase designed to bring pay in line with increases in the cost of living; merit increase, an adjustment to an individual's base pay rate based on performance; and equity/market adjustment, the percentage increase to organization, group or individual pay that is necessary to adjust it to the estimated market level.
Terms of the four-year agreement also include preservation of wage rates and progressions for current flight attendants; top base pay rate increased to $50 per hour prior to the amendable date; furlough protection; enhanced crew rest; improved commuter and reserve issues and ensures participation in profit sharing and stock option plans.
The Christ Hospital is the first to use a new variable rate wage option based on a percentage bonus which will be applied based on base pay rate.