Base pay could be seen as a kind of flat rate. It mainly becomes relevant when it comes to attracting and retaining people. While most companies share a common approach on how to manage compensation with pay structures there still are various strategic decision to be made.

Here you'll find all slides of the entire series for a free download: https://armintrost.de/en/professor/digital/human-resources-strategies/

iTunes: https://podcasts.apple.com/de/podcast/human-resources-strategies/id1503999290
Spotify: https://open.spotify.com/show/67Bm32TazA87lqlBj6sMXJ