Base Pay Rate

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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 ?
It also states that the new base pay rates for civilian personnel will take effect six months after the increase in the basic salary of military and uniformed personnel takes effect.
Under the resolution, the new base pay rates for the civilian personnel shall take effect six months after the increase in the base pay of MUP takes effect.
Forty-nine percent of respondents report they have increased base pay rates, 30 percent report they are providing incentives and/or bonuses, and 23 percent report they have increased their contributions to employee benefits to retain or recruit workers.
Some 56 percent of firms in a recent survey said they have had to increase base pay rates for hourly craft professionals because of a national shortage of qualified craft workers.
The two French banks are averse to the idea of increasing the base pay even as competitors have almost doubled their base pay rates.
Using the base pay rates of nurses' comparators, ie teachers and the police (before any 2009 increases), the base pay rates of registered nurses (RNs) in DHBs is now reasonable.
5 percent increase in base pay rates each year over the next four years, a company matching contribution to the 401(k) savings plan and the addition of two floating holidays.
While on average, base pay rates for nurse educators reach only 79 percent of the level of other academic faculty in public institutions, RNs employed in private schools experience a greater penalty.
2-percent cost-of-living float accrued under prior contracts was incorporated into base pay rates, resulting in increases in insurance benefit levels that vary with pay rates.
The report covers everything from base pay rates and variable compensation to sales close periods and yearly sales plan achievement.
18 also provides for the suspension of the pension indexation -- the adjustment of pension rates in proportion to the new base pay rates -- pending the review of the current pension system.