Examples of Rate of basic pay in a sentence
Rate of basic pay equal to or greater than the rate of basic pay at step 7–156 calendar weeks of creditable service.
Software’s that has been approved for corporate use by SBFC Finance Limited may be installed on the equipment.
Office of Personnel Management § 575.505 Rate of basic pay means the rate of pay fixed by law or administrative ac- tion for the position held by an em- ployee, including any special rate under 5 CFR part 530, subpart C; local- ity-based comparability payment under 5 CFR part 531, subpart F; or similar payment under other legal au- thority, but before deductions and ex- clusive of additional pay of any other kind.
Rate of basic pay means the rate of pay fixed by law or administrative action for the position held by an employee, including any applicable locality payment under 5 CFR part 531, subpart F; special rate supplement under 5 CFR part 530, subpart C; or similar payment or supplement under other legal authority, before any deductions and exclusive of additional pay of any other kind.
An employee’s rate of basic pay includes a retained rate, but excludes additional pay of any other kind (e.g., locality pay, overtime, other forms of premium pay, etc.) Rate of basic pay is also referred to as base salary.