2007-10-07 16:59:14 · 5 answers · asked by eljeanne 3 in Business & Finance ➔ Taxes ➔ United States
Base salary is before taxes, and does not include any overtime or bonus or anything. It represents what you would earn over a normal year of work (52 weeks, at 40 hours per week, at whatever your hourly rate is, or your salary if you are on salary).
2007-10-07 17:07:53 · answer #1 · answered by Anonymous · 2⤊ 0⤋
Before taxes -- and most of the times I see it as "base salary" that's referring to a position where there's also the potential for commission or bonus payments, such as in a sales job, or tips. Base salary doesn't take those things into account.
2007-10-07 17:08:34 · answer #2 · answered by Illyria 3 · 2⤊ 0⤋
Well, normally a base salary refers to the least amount of money you can expect to earn in a normal year.
There are 2080 work hours in a normal year...so if you work less than that amount or more than that amount you can expect this number to change. This is all before taxes.
There are other ways to bargain too. One example might be a company car with less pay or perhaps a Cafeteria Plan that allows you chose your benefits (perhaps daycare). If you do it right you can get these benefits without having to pay taxes on them. Of course that is assuming you need them.
I hope this helps.
2007-10-07 21:19:20 · answer #3 · answered by Russ B 6 · 2⤊ 0⤋
before taxes.
2007-10-07 17:03:29 · answer #4 · answered by That one 7 · 2⤊ 1⤋
That would be Before Taxes.............
2007-10-07 17:03:56 · answer #5 · answered by Giddyup 4 · 2⤊ 0⤋