Base Salary

Definition:

IMG_4222.PNG

Base salary is a fixed amount of money paid to an employee by an employer in return for work performed. Base salary does not include benefits, bonuses or any other potential compensation from an employer. Base salary is paid, most frequently, in a bi-weekly paycheck to an exempt or professional employee. In most years, an employee's base salary is paid in 26 even paychecks over the course of the year

Source: http://www.businessdictionary.com/definition/base-salary.html

Decoded:
The only fixed portion of your salary. This should be a small percentage of your overall compensation as you should be bathing in commission.