Two different usages. Namely:
- The basic rate of pay prior to any additions. It excludes shift premia, overtime payments and all other additions and allowances. It can be expressed on an hourly, weekly, monthly or annual basis, although most frequently the former.
Synonymous with: Plain Time Rates.
- Consolidated rates of pay. The consolidated rate of pay for working a particular pattern of working time. Frequently used in annual hours systems to describe total remuneration. It incorporates all types of remuneration in one basic salary. That is, although no longer separately identified, it can, and frequently does cover, remuneration for basic hours worked, holiday pay, shift premia, contractual overtime, payments for working on public holidays, reserve hours, etc,.
Basic Rate of Pay