Base Payroll : The sum of annual salaries and/or wages (base rates) paid at the opening of business on the first day of the plan year or last day of prior year (e.g., Dec. 31) before any increase
Rana Sinha (http://www.dot-connect.com), Human Resource Management - HENRY ry / Henrietta Ltd., Glossary of HR Terms, Adapted from (1) A Handbook of Human Resource Management Practice 10th Edition by Michael Armstrong. Kogan Page 2006; (2) The Essential HR Handbook: A Quick and Handy Resource for Any Manager or HR Professional by Sharon Armstrong. Career Press 2008; (3) World At Work: The Total Rewards Association http://www.worldatwork.org/waw/Glossary; (4) Helsinki, Finland 2014. HRM Guide Network http://www.hrmguide.net/; Society for Human Resource Management http://www.shrm.org; Reward Management Associates http://www.reward-management.com/Definitions.htm. http://www.henryorg.fi/data/dokumentit/HR/kv/Gloss ary%20of%20HR%20terms.pdf, (Human Resource Mgt - Brit) {688}
