National Compensation Survey Law & Legal Definition
The National Compensation Survey (NCS) measures occupational earnings; compensation cost trends, benefit incidence, and detailed plan provisions. Detailed occupational earnings are available for metropolitan and non-metropolitan areas, broad geographic regions, and on a national basis. The index component of the NCS (ECI) measures changes in labor costs.
The National Compensation Survey provides the following statistics:
- Local, regional, and national occupational earnings
- Quarterly changes in employer costs- Employment Cost Index (ECI)
- Annual employer cost levels-Employer Costs for Employee Compensation (ECEC)
- Incidence and provisions of employee benefits
Other wage information provided by the National Compensation Survey includes:
- Average hourly wages for up to 480 occupations in over 85 metropolitan and nonmetropolitan localities
- Weekly and annual earnings and hours for full-time workers
- Earnings by work level that permit wage comparisons across occupational groups
- Data presented at three levels: Localities, broad regions, and the nation
- Workers are shown as a total (All workers) and broken out by private industry and state and local government
- Wage data are shown by industry, occupational group, full-time and part-time status, union and nonunion status, establishment size, time and incentive
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