Recruitment glossary

What is a Base wage rate?

Browse all glossary terms

Base pay rate is the minimum compensation received by an employee excluding benefits, allowances, incentives and bonuses. Base pay is purely financial and can be expressed as an hourly rate, monthly or annual salary.

Related terms

Browse recruitment glossary
Application management
What is Superannuation?

Superannuation is an organisational pension program created by a company for the benefit of its employees.

Application management
What is Six Sigma?

Six Sigma is a set of management techniques intended to improve business processes by greatly reducing the probability that an …

Compliance
What is SMSF (Self Managed Superannuation Fund)?

SMSF (Self Managed Superannuation Fund) is a superannuation trust structure that provides benefits to its members upon retirement.The difference between …

Application management
What is a Reference Check?

A Reference Check occurs when an employer contacts a job applicant’s previous employers, professors, teachers or coaches and other sources …

Compliance
What is Reputation Management?

Reputation Management is the practice of attempting to shape public perception of an organization by influencing online information.

Application management
What is a PSA? Preferred Supplier

A Preferred Supplier Agreement, or PSA, is an agreement entered into by a company and one of their third party …

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