Table:
|  |  | For the year ended December 31, |  |
| --- | --- | --- | --- |
|  | 2017 | 2018 | 2019 |
| Employee costs* | 18,789 | 20,980 | 24,863 |
| Share-based compensation (Note 22) | 4,565 | 5,216 | 5,107 |
| Other expenses | 16,496 | 15,797 | 17,415 |
| Total | 39,850 | 41,993 | 47,385 |
Paragraphs:
GasLog Ltd. and its Subsidiaries
Notes to the consolidated financial statements (Continued)
For the years ended December 31, 2017, 2018 and 2019
(All amounts expressed in thousands of U.S. Dollars, except share and per share data)
17. General and Administrative Expenses
An analysis of general and administrative expenses is as follows:
* Employee costs include restructuring costs of $3,975 pursuant to management’s decision to relocate more of its employees including several members of senior management to the Piraeus, Greece office.
Question:
What was the percentage change in employee costs from 2017 to 2018?
Answer: (20980 - 18789)/18789  = 11.66