Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

Base Rate or Base Wage Rate

The rate of pay set for a unit of work before anything extra is added. This rate does not include things like shift differentials, benefits, overtime, incentive premiums or any other pay element other than the base rate.

Previous

Base Payroll

Next

Base Salary or Wage

POPULAR BLOGS

POPULAR BLOGS

Discover what ERI can do for you

See how our compensation management solutions can ensure your salary planning strategy is a success.

Schedule a personalized demo

WHITE PAPERS

Top Performing White Papers

National Compensation Forecast April 2026

Read More

Compensation Strategies for Remote Work and Organizational Culture – Fall 2025

Read More

Planning Global Compensation Budgets for 2026 - January 2026

Read More
View All White Papers