Salary-based

Salary-based refers to a system of compensation where an employee's pay is determined by a fixed annual or monthly amount, regardless of the hours worked or the specific output produced. It's a method commonly used for salaried employees, offering a predictable income stream, promoting job security and potentially influencing focus on long-term goals. Often, salary-based employment contrasts with hourly wages or commission structures and can influence work-life balance and employer-employee relationships.

Salary-based meaning with examples

• The company offered a salary-based compensation package, attracting candidates seeking financial stability and consistent income. This system contrasts significantly with hourly positions where the pay fluctuates based on hours worked, offering predictability for budgeting and financial planning.
• Her preference was a salary-based position because it ensured a set income, even during slower periods. In a competitive market, understanding whether the offered role is salary-based helps evaluate the long-term financial stability of an employment opportunity.
• The software engineer transitioned from a freelance, project-based role to a salary-based position for benefits like health insurance and paid time off. This shift often means an acceptance of a structured work day for a more holistic and secure employee experience.
• The organization implemented a salary-based structure to motivate employees to focus on overall team achievements rather than individual output. Team-focused environments benefit with salary-based pay as it encourages cooperation and discourages silo thinking, which can boost morale.
• Unlike commission-only sales jobs, the marketing manager held a salary-based role with a base salary, offering security against the volatility of sales numbers. salary-based roles typically aim to promote employee loyalty and attract top talent.