2006-10-10 13:26:45 · 3 answers · asked by jennyju 1 in Business & Finance ➔ Careers & Employment
Base Salary is the "job rate" ($10) per hour, ($400) per week, or ($1600) per month.
Compensation is the total wages and benefits that the company pays the employee, i.e. "job rate" plus extras like: bonus, overtime, insurance, pension, vacation, sick days, and the like.
2006-10-10 13:40:30 · answer #1 · answered by PALADIN 4 · 0⤊ 0⤋
It depends on the type of job you are doing. Can you give more information? In general a base salary is a guaranteed salary and compensation in based on commissions or working extra hours.
2006-10-10 20:36:33 · answer #2 · answered by ditsyquoin 4 · 0⤊ 0⤋
Base pay is the amount that you are quoted as making, for example $20.00/hr. Then the compensation, shift differential or "perks" added to that is the amount that you make for working on weekends, or holidays, the insurance and paid time off that you get and if you were paid a relocation allowance, etc. that makes the offer a better deal. Does that help? I could go into a lot more detail.
2006-10-10 21:02:39 · answer #3 · answered by washingtonokie1 1 · 0⤊ 0⤋