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 ?
2) Example: Laborer (BOLI Group 1) $27.72 wage + $13.82 fringe = $41.54 Base pay rate per BOLI.
M2 EQUITYBITES-March 24, 2016-Menzies Aviation ups base pay rate to USD15.24/hour
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.
The focus of working at Sellafield has been about increasing efficiency and it is expected the US firm will introduce a base pay rate with efficiency improvements linked to bonuses.
And base pay rate adjustment errors are now a thing of the past because WebPay features a breakthrough adjustment calculator.
For example, an employee working a standard 45-hour workweek lot a weekly salary of $450 has an effective base pay rate of $10 per hour.
Gainsharing bonuses do not affect a worker's base pay rate. That remains constant according to the contract (if there is one).
Payne said the $26/hr rate might not necessarily all be on the base pay rate and the agreed pay rates would be phased in to ensure the agreement was sustainable.
At Dubuque, the $8 an hour base pay rate will be raised by a total of $1.05 over the term, including 50 cents retroactive to the August 27 expiration date of the prior contract.
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.
The accord also raised the base pay rate to $9 an hour, from $8.69, effective immediately, and to $9.10 in April 1987.