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Employer Costs for Employee Compensation

Factsheets

Want to learn more about using and understanding the Employer Costs for Employee Compensation? Factsheets provide quick summaries about different facets of ECEC data.

Featured Factsheet

Happy businessman running with luggage from calendar with annual leave note

Paid Time Off: Measuring the cost of paid leave benefits

When observing overall employee compensation, it is important to consider not just the costs of wages and salaries but also the costs of providing various benefits. Aside from wage data, the Employer Costs for Employee Compensation (ECEC) provides detailed benefits cost data for a more comprehensive look at overall compensation. Paid leave includes a combination of four leave benefits: vacation leave, holiday leave, sick leave, and personal leave benefits.

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