About ERI
ERI Compensation Software
ERI Economic Research Institute was founded in 1987 to provide Human Resource research for private and public
organizations in
the form of published reports and salary survey software
database products. Revenues for ERI are earned solely from these cost of living
and salary survey software and publication sales. ERI does not provide fee-for-service
consulting.
ERI research database software subscriptions
are available to management, analysts, and consultants in the
compensation and Human Resources Management fields. They are now
widely used by client organizations (over 10,000 corporate and
consulting subscribers, affecting over 100,000 organizations' pay
practices).
ERI Compensation Products
Over the past three decades, ERI has
developed a catalog of salary survey and cost of living survey software
that has become indispensable in our
subscribers' compensation planning. If you would like to download a
free demo of any of the following HR salary and cost of living products,
please click
here. If your company has firewalls or you have a slow Internet connection, please click here to receive a free ERI CD-ROM in the mail. This free HR software contains demo versions of
the following ERI salary survey software, cost of living calculators, and Human Resources products.
ERI's Salary Assessor® Salary Guide
This salary survey software compares salaries for more than 5,000 positions in the US, Canada, and Europe. Salary levels are calculated based on user input for position, industry, location, pay strategy, employee experience level, and salary planning date. Subscribers can contrast salary levels for a single position in 100 locations at once. A Benchmark Listing screen enables them to quickly update salary structures using current labor market data for benchmark jobs. Users can compare user-defined locations based on commuting distance of the local labor pool. They can also generate graphs of their salary comparisons; export data into Excel, Word, etc.; print salary comparison reports from their desktop, and email reports. In addition, this salary survey software provides 5,000+ ready-made job descriptions and local cost-of-living data. The Consultant Edition of this software provides additional salary data for nearly 500 executive position titles. ERI provides the survey sources and reliability statistics for its salary data.
ERI's Geographic Assessor® Labor Cost Guide
This cost-of-labor software compares geographic salary differentials for nearly 7,000 U.S. and Canadian locations. (The United Kingdom/European edition covers nearly 700 locations.) Salary and cost-of-living differentials are provided based on the salary levels and locations users select. Users can analyze multiple salary levels: from $8,000 and up. They can compare cities to each other or to a national average. Subscribers can also create user-defined locations based on commuting distance/the local labor pool. Subscribers utilize this software to design branch office salary structures that are fair and competitive. They can compare multiple salary levels in up to 99 locations to adjust salary structures and select locations for new facilities. Data can be printed, emailed, and exported to other desktop applications. Prevailing wage rates are also provided for filling out H-1B immigration visas or setting bids on government contracts.
ERI's Relocation Assessor® Cost-of-Living Calculator
This relocation calculator enables users to make unlimited in-house cost-of-living reports for planning employee relocation allowances. To use this cost of living calculator software, simply input an employee's current location, earnings level, family size, and spending patterns (e.g. home ownership/rental, number of cars). Then select the new job's location from over 10,000 cities worldwide (Consultant Edition). This cost of living calculator will give you the employee's overall difference in living costs in the new location, including a break-down of costs by category: housing, taxes, health care, consumables, transportation, etc. In addition, you can review per diem rates for food and lodging for setting temporary relocation allowances. ERI's cost-of-living software compares rent vs. home-ownership scenarios, enabling you to model mortgage payments based on current interest rates. Data is presented in the currency of your choice, and you can adjust the home country residency of the employee for tax equalization calculations. A comparison list screen lets you make cost-of-living comparisons for 5 earnings levels in up to 99 cities at one time. Researching cost-of-living adjustment (COLA) amounts for multiple locations is a time-consuming process. Now you have the answers at your fingertips with ERI’s Relocation Assessor cost-of-living calculator.
ERI's Executive Compensation Assessor® Survey
This desktop software
compares salaries and bonuses for more than 500 positions in the US, Canada, and Europe. Executive compensation levels are calculated based on user input for position, industry, location, pay strategy, executive performance, and salary planning date. Compare your organization’s executive pay packages to competitors. (View their past compensation packages for top officers, including stock options and benefits.)
ERI's Nonprofit Salary Survey Assessor
This desktop software application compares executive compensation at 501(c)(3) organizations in the United States. This is the most comprehensive database of non-profit executive compensation information available.Utilize this software to set non-profit salaries based on competitive labor market data, assess reasonableness of pay, and review comparable organizations’ executive pay packages and financials. The Nonprofit Salary Survey Assessor software enables users to plan salaries based on organization specifics (industry, location, pay strategy, date). Users can then prepare reports for boards and management using executive compensation tables and graphs. Nonprofit salary survey reports can be printed, emailed, or exported to other applications. Utilized by both the IRS and the NY State Attorney General Charities Bureau, ERI is a trusted source of compensation data..
PAQ's Occupational Assessor (eDOT)® Job Analysis Software
Review position descriptions for more than 20,000 position titles. Using the construct as the Department of Labor's Dictionary of Occupational Titles (now out of print), this job description software has new job titles, updated job descriptions, and 99 worker characteristics (including physical, cognitive, temperaments, and more). This job descriptions software also includes filters to help you find alternate positions for individuals based on their interests, skills, and physical or mental abilities. Here's how: First input the person's prior jobs, education, interests, and physical/mental abilities. This includes ability to handle stress and perform manual labor such as lifting/carrying or standing for prolonged periods of time. Based on your inputs, the Occupational Assessor will provide an alternate jobs list that includes job availability statistics for positions in selected geographic areas. This will tell you if viable employment exists for the individual. If so, the Occupational Assessor will provide you with a list of potential employers, including contact names, addresses, and telephone numbers. This job analysis software is an unparalleled aid for those involved in career development, Human Resources planning, outplacement, disability case administration, or vocational rehabilitation.
ERI's
Geographic Reference Report
In addition to our software databases, ERI publishes
a hard-copy Geographic Reference Report.® Found in over 10,000
companies and libraries worldwide, this report provides
organizations with the salary, cost of living, and demographic
data they need when planning employee relocations or office
relocations.
The Geographic
Reference Report profiles salary, costs, and demographic
summaries (including weather, crime rate, major employers, etc.)
for 298 major metropolitan areas in the United States and
Canada.
ERI's Platform
Library and DLC Wizard
To enhance ERI
software usability, ERI provides all subscribers with our Platform Library® CD-ROM. This CD houses all the
ERI software databases. (All you need to launch a program is
your license code.) In addition, the DLC Wizard® tab
on the Platform Library lets you take Distance Learning Center online courses with greater
speed by instantly downloading any needed free HR software or
reference websites. The Platform Library also gives you
access to complimentary resource data, such as salary surveys,
tutorials, job code crosswalks, executive compensation
comparables, and more. Click here to order this free CD-ROM to be sent to you through the mail
ERI Websites
ERI provides several other HR resource websites.
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The ERI Distance
Learning Center (DLC): Train
yourself and your staff online at dlc.erieri.com. ERI provides over 50 courses
devoted to compensation and benefits education. Online courses
provide you more in-depth training on Assessor Series software
features. The Distance Learning
Center offers recertification credits for maintaining
your PHR/GPHR/SPHR certification from SHRM, your CBP certification, CCP certification, or GRP
certification from WorldatWork Society of Certified
Professionals, or your CPA
license through NASBA-approved accounting courses. College
students, job analysts, and compensation specialists can
receive an advanced certification by earning ERI's Job and
Compensation Analyst credential.
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ERI Executive Compensation
Tools: ERI offers a free Black-Scholes Stock Option pricing model and an online tool
for reviewing competitors'
executive compensation and financial data.
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Online Salary Survey Reports: This site offers salary survey and salary increase reports for the U.S. and Canada.
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Non-Profit Organizations Executive Compensation: ERI's website provides compensation data for tax-exempt organizations, including compensation estimates for executive positions. This non-profit
executive compensation data may be adjusted for a tax-exempt
organization's geographic area, industry, organization size, and
compensation valuation date. You can review source data for this
product at ERI's Form
990 Extracts site. This webpage lets you quickly retrieve tax-exempt organizations Form 990's, which report the salaries of the
nonprofits' 5 highest-paid executives.
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OES Salary Survey
Data: ERI
provides non-copyrighted U.S.
government OES salary survey data in an easy-to-use format at www.erieri.com/soctrends.
This salary survey data is often utilized in creating prevailing
wage reports for immigration applications under H1-B visa and
other programs.
Methodology
ERI's founder first developed the concepts
related to the use of simple linear regression models for area wage
and salary differentials in 1974. ERI's present multiple
regression techniques were developed in the late 1980s and are
continually refined each year. Cost of living (COL) models originated in
1989 as the result of subscriber requests that ERI research and report
area cost differentials in addition to wage differentials. COL
analyses were further in demand because the Bureau of Labor Statistics discontinued its Urban Family of Four Index. ERI methodology has
benefited greatly in recent years due to the refinement of analyses, as
well as the increasing availability of survey data relating to
salaries, benefits, and costs.
ERI Economic
Research Institute primarily serves private industry. Subscribers include corporate compensation, relocation,
and Human Resources professionals, as well as independent
consultants and counselors. U.S. and Canadian public sector
administrators (including military, law enforcement, city/county,
state/provincial, and federal government pay administrators) comprise approximately 20% of our
subscribers.
ERI salary structure analyses have been in use since
1974; the PC software to extract competitive wage and salary rates
since 1987; and our COL analyses since 1989. ERI does not provide
consulting services. EIN 33-0356443, CAGE code
0XP39.