Employment Cost Index definition

Employment Cost Index means the average of the employment cost indices
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Employment Cost Index means the Employment Cost Index (not seasonally adjusted) as promulgated by the United States Department of Labor’s Bureau of Labor Statistics (or any successor index).
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Employment Cost Index means [***] published from time to time by [***].
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Examples of Employment Cost Index in a sentence

  • The Employment Cost Index, a quarterly measure of the change in employer costs for wages and benefits, is derived from the NCS.

  • The offeror must either propose a fixed annual escalation rate or identify a relevant market indicator (e.g., the Bureau of Labor Statistics Employment Cost Index).

  • The annual Member pay adjustment was determined by a formula using the Employment Cost Index (private industry wages and salaries, not seasonally adjusted), based on the percentage change reflected in the quarter ending December 31 for the two preceding years, minus 0.5%.

  • The potential Member pay adjustment was determined by a formula using the Employment Cost Index (private industry wages and salaries, not seasonally adjusted), based on the 12-month percentage change reported for the quarter ending December 31, minus 0.5%.

  • External cost adjustments for variable cost state funding based on the Employment Cost Index for post-secondary institutions, published by the US Department of Labor-Bureau of Labor Statistics.

  • The annual pay adjustment was determined by a formula using the Employment Cost Index (private industry wages and salaries, not seasonally adjusted), based on the percentage change reflected in the quarter ending December 31 of the two preceding years, minus 0.5%.

  • Price redeterminations will be based solely upon changes in pricing or costs documented by either the Employment Cost Index (ECI) or Producer Price Index (PPI), whichever is applicable, as published by the Bureau of Labor Statistics.

  • The potential Member pay adjustment was determined by a formula using the Employment Cost Index (private industry wages and salaries, not seasonally adjusted), based on the 12 -month percentage change reported for the quarter ending December 31, minus 0.5%.

  • The annual pay adjustment was determined by using the Employment Cost Index (private industry wages and salaries, not seasonally adjusted), based on the percentage change reflected in the quarter ending December 31 of the two preceding years, minus 0.5%.

  • Price redeterminations will be based solely upon changes in pricing or costs documented by the Employment Cost Index (ECI) as published by the Bureau of Labor Statistics.


More Definitions of Employment Cost Index

Employment Cost Index is the Employment Cost Index - Union Manufacturing (Series Id: C1112013000000510I(B))published quarterly by the United States Department of Labor, Bureau of Labor Statistics, or the inflation index that succeeds or replaces such index,
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Employment Cost Index means and refer to the Employment Cost Index, Civilian Workers, Compensation, 12-Month Percent Change, Not Seasonally Adjusted (ECU10001A), published by the U.S. Department of Labor, Bureau of Labor Statistics, or successor equivalent measure.
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Employment Cost Index or “ECI” means the year over year increase in the Employment Cost Index for Total Compensation (not seasonally adjusted), private industry workers, all workers as published by the U.S. Bureau of Labor Statistics.
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Employment Cost Index is an index that reflects total compensation for all civilian workers, and is not seasonally adjusted. The ECI is Series ID CIU2010000000000A as reported by the U.S. Bureau of Labor Statistics.
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Employment Cost Index means the “Private Industry, Compensation, 12-Month Percent Change, Not Seasonally Adjusted - ECU10002A” with respect to Total Compensation in Private Industry for All Workers (annual rate or average of the relevant year’s four calendar quarters if not annual), Series Id ECU10002A; using 2007 as the base year for purposes of indexing within the context of this Agreement, as published by the U.S. Bureau of Labor Statistics and available at the following URL: xxxx://xxxx.xxx.xxx/cgi-bin/surveymost?ec, or its successor site.
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Employment Cost Index or “ECI” means the Employment Cost Index for total compensation (not seasonally adjusted) for private industry workers, management, professional and related occupations, excluding incentive paid occupations, compiled by the U.S. Department of Labor, Bureau of Labor Statistics. The Employment Cost Index is adjusted and published on a quarterly basis.
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Related to Employment Cost Index

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Base Year means the period set forth in Section 5 of the Summary.

  • CPI means the headline consumer price index (for all urban areas) annual inflation rate, or such amended or replacement index, as published monthly by Statistics South Africa in Statistical Release P0141, available from <http://www.statssa.gov.za>.