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How to Calculate Basic Salary | Basic Salary Calculation | Basic Salary Calculation Explained
2 years ago
2
Basic salary, also called base salary, is the amount of money a salaried employee regularly earns before any additions or deductions are applied to their earnings.
Additions and deductions to basic salary can significantly affect the size of an employee’s paycheck. These adjustments may include such things as added bonuses or deductions for the employee’s company health insurance premium.
In this video, there’s a quick look out at how basic salary is calculated.
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