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Home > QFINANCE Dictionary > Definition of base pay

Definition of

base pay

Finance

basic salary before additional benefits a guaranteed sum of money given to an employee in payment for work, disregarding any fringe benefits, allowances, or extra rewards from an incentive plan.

Related definitions of "base pay"

Recommended Further Reading (Term count)
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Definitions of ’base pay’ and meaning of ’base pay’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’base pay’ and other financial terms with our online QFINANCE Financial Dictionary.

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