basewage
nounUK /beɪs weɪdʒ/
US /beɪs weɪdʒ/
The basic amount of money a worker gets paid before any extra money is added.
Her basewage is ten dollars an hour, and she earns more on weekends.
OTHER MEANINGS
2. The lowest fixed pay for a job, not counting tips or bonuses.
The basewage for the job is low, but the tips are good.
3. The standard hourly rate used to calculate extra pay like overtime.
Overtime is paid at one and a half times the basewage.
4. The fixed part of a worker's earnings that does not change with hours or sales.
Even in a slow month, his basewage stays the same.