Basic pay describes task-specific minimum pay, taking into consideration any related additional responsibilities, cost-of-living category of the location of workplace or possible deductions for lack of qualifications. Basic pay does not include personal bonuses, increments for years of service or similar pay components. Basic pay is determined by the tasks of a position holder or employee and the conditions of collective labour agreements. Basic pay is often determined by the degree of competence required of the position holder or employee.
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Validity of the definition
- Valid until (31 December 2078)