Salary and Pay Rates
Math and Arithmetic

What is the meaning of base pay?


User Avatar
Wiki User

Answer All companies have what they refer to as base salaries, because while you may have experience in a particular field your experience isn't with the new company you just joined. They have to start you somewhere depending on your work experience so usually a company starts a new employee at it's base rate. As your new employer see's you working, and likes what they see they usually will raise the amount of money they pay you.