http://www.jsc.nasa.gov/bu2/inflation/eci/inflateECI.html
Think your employees are costing you more for wages and benefits than they did three years ago? You're right--and now you can know exactly how much with a quick visit to The Employee Cost Index Inflation Calculator. With a mouse click, you can scroll back, year by year, and see exactly how fast employee costs have risen. The grim news is that $100 paid out in 1981 equals $200.70 today, meaning that inflation has been almost exactly 100 percent over the past 18 years.
Contact Sources
Buck Consultants,http://www.buckconsultants.com
Kennedy Information,tbourgeois@ kennedyinfo.com, http://www.kennedyinfo.com
MarketAbility Inc., (888) 55-TWIST, http://www.marketability.com
Talent Alliance,info@talentalliance.org, http://www.talentalliance.com
This article was originally published in the August 1999 print edition of Entrepreneur with the headline: Take A Load Off!.
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