Base pay is the initial salary excluding bonuses and benefits. Learn how it differs from annual income and affects your compensation.

Base salary is the money you pay your exempt employees for doing their jobs. Exempt employees are those whose jobs require them to routinely exercise independent judgement in their work. They're paid ...

What is a base rate? A base rate is the interest rate that a central bank – such as the Bank of England or Federal Reserve – will charge commercial banks for loans. The base rate is also known as the ...