Defined benefit as a percent of total compensation for private industry workers in construction industries

The Employer Costs for Employee Compensation (ECEC) is a measure of the cost of labor. The compensation series includes wages and salaries plus employer costs for individual employee benefits. Employee benefit costs are calculated as cost-per-hour-worked for individual benefits ranging from employer payments for Social Security to paid time off for holidays.

The survey covers all occupations in the civilian economy, which includes the total private economy (excluding farms and households), and the public sector (excluding the Federal government). Statistics are published for the private and public sectors separately, and the data are combined in a measure for the civilian economy. The data are collected from a probability sample of about 44,200 occupations with 9,100 sample establishments in private industry and about 9,100 occupations within 1,400 sample establishments in State and local governments. The sample establishments are classified in industry categories based on the North American Industrial Classification System (NAICS). Within an establishment, specific job categories are selected to represent broader occupational definitions. Jobs are classified according to the Standard Occupational Classification (SOC) system.

For private industry workers, data are available for total compensation costs, for wages and salaries alone, and for individual benefit costs alone. Data are available by major occupational and industry groups, as well as by census region, census division, and bargaining status. For State and local governments and the civilian economy (State and local governments plus private industry), data are available for major occupational and selected industry series.

Data are available on a quarterly basis. All costs per hour worked are published to the nearest cent. All percents are published to one decimal place. Updates are available about ten weeks following the end of the reference period. Reference periods are the months of March, June, September, and December.