a b c d e f g h i j k l m n o p q r s t u v w y z search

TeachMeFinance.com - explain employment cost index (ECI) employment cost index (ECI) -- An index of the weighted-average cost of an hour of labor--comprising the cost to the employer of wage and salary payments, employee benefits, and contributions for social insurance programs. The ECI is structured so that it is affected by changes in the mix of occupations as well as changes in employment by industry. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.