Base pay is the initial salary or hourly wage that an employee receives before any additional compensation, such as bonuses or overtime. It serves as the foundation of an employee's earnings and is typically determined by factors like job role, experience, and industry standards. Employers often use base pay to attract and retain talent, ensuring that their compensation packages are competitive. This amount can vary widely depending on the company, location, and market demand for specific skills or professions. Understanding base pay is essential for both employees and employers in managing expectations and budgeting.