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Instead, your annual pay is the amount of money that you actually make throughout the course of the year. If you are paid on an hourly basis and your hourly rate of pay is $10 per hour, that computes to a base rate of pay of about $20,800 per year.However, if you work a significant amount of overtime throughout the year, your annual pay might be substantially more, perhaps $25,000 per year.f you are paid on an hourly basis and your hourly rate of pay is $10 per hour, that computes to a base rate of pay of about $20,800 per year. However, if you work a significant amount of overtime throughout the year, your annual pay might be substantially more, perhaps $25,000 per year.
An annual base salary is a fixed income structure with regular paychecks throughout the year. Some people receive their entire earnings through a base salary, while others receive a base salary with additional types of incentive pay.hen your base salary is your only income stream, you are a part of a straight salary income structure. Relative to other pay structures, a primary benefit of a straight salary is consistency and stability. Regardless of your work performance, results or outcomes, you get the same income at each payroll distribution.