Base Salary is the fixed, regular pay an employee receives for performing their job duties, excluding bonuses, commissions, or other variable compensation.
- What is base salary?
Answer: It is the fixed, regular pay an employee receives, excluding bonuses or variable compensation. - How is base salary determined?
Answer: It is determined based on job role, experience, industry standards, and location. - What is the difference between base salary and total compensation?
Answer: Base salary is the core pay, while total compensation includes bonuses and benefits. - How often is base salary paid?
Answer: It is typically paid weekly, bi-weekly, or monthly, depending on company policy. - Can base salary be negotiated?
Answer: Yes, it can be negotiated based on skills, experience, and market rates.
