The term “basic monthly salary” refers to the fixed amount of money that an employee receives from their employer each month before any additional earnings or deductions. This salary does not include bonuses, overtime pay, allowances, or other types of variable compensation. The basic monthly salary is the foundational component of an employee’s total compensation package and is usually specified in the employment contract.
Table of Contents
Basic Monthly Salary
Borrow, Top Up and enjoy financial freedom
Join over 400k registered users borrowing over a million shillings with no collateral. Borrow using your payslip to get new loans and top-ups for existing customers. Whether in the county government, National government, Parastatals or any government institution in Kenya, you’ll benefit from access to the cheapest financial products in Kenya. Plus, there is no paperwork. Apply now on the Hela Pesa App today and start borrowing.
Social share
Facebook
Twitter
LinkedIn
Pinterest
Borrow, Top Up and enjoy financial freedom
SPONSORED