ERI Compensation Software
ERI Economic Research Institute was founded almost 30 years ago to provide compensation applications for private and public organizations. ERI's applications are available to management, analysts and
consultants and are now widely used by client organizations (thousands of corporate and consulting
subscribers). Subscribers include corporate compensation, relocation, human resources, and other
professionals, as well as independent consultants and counselors, and US and Canadian public sector
administrators (including military, law enforcement, city/county, state/provincial, and federal
government pay administrators).
ERI Compensation Products
Over the past three decades, ERI has developed a catalog of salary survey and cost of living survey tools
that has become indispensable in our subscribers' compensation planning. If you would like to try a
free demo of any of the following HR salary and cost of living products, please click here.
ERI's Salary Assessor® provides consensus salary ranges for more than 6,000 position titles as compiled from available published wage and salary survey sources. Estimates may be adjusted for user inputs of salary planning date, metro area, industry, and company size. The Salary Assessor software and databases include position descriptions for job matching. Benchmark listings for jobs by industry, as well as multiple area listings for a single job in up to 99 metro areas, are provided in summary listings. The Salary Assessor includes reliability statistics to meet a Daubert challenge.
The Geographic Assessor® calculates salary and cost-of-living differentials between any of nearly 7,000 US and Canadian cities and neighborhoods. The Geographic Assessor summarizes both percentage and dollar differentials between any base city and up to 500 comparison cities at a time. Research for the Geographic Assessor focuses on the presentation of wage and salary structures for each geographic area based upon consensus regression analyses of salary surveys, and also incorporates summary cost-of-living data from the Relocation Assessor®. Users can create immigration prevailing wage reports and analyze potential over-payments using data from the US OES survey.
The Relocation Assessor® provides cost-of-living comparisons and reports between any of 10,000 locations worldwide. This application provides necessary information useful for permanent transfers or temporary cost-of-living allowances. User inputs include: spending level; currency, living areas; home rental or ownership (mortgage specifications); home size; family size; tax residency, and number of automobiles, miles driven, and value. It allows rent versus home ownership analyses and provides income tax analyses for 200 countries.
Executive Compensation Assessor
The Executive Compensation Assessor® compares salaries and bonuses for more than 500 position titles 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, viewing their past compensation packages for top officers, including stock options and benefits.
Nonprofit Comparables Assessor
ERI's Nonprofit Comparables Assessor™compares executive compensation at nonprofit organizations in the United States. Executive compensation levels are calculated based on user input for position, industry, pay strategy, and executive performance. The Nonprofit Comparables Assessor is utilized by the IRS and many states' attorneys general.
Occupational Assessor (eDOT)
This job analysis software provides position descriptions for more than 19,000 position titles. Designed for HR professionals, vocational rehabilitation advocates, and disability administrators, the Occupational Assessor® enables users to test for overtime exemption status and to determine disability.
ERI provides several other HR resource websites.
The ERI Distance
Learning Center (DLC): Train
yourself and your staff online at dlc.erieri.com. ERI provides 36 courses
devoted to compensation and benefits education. Online courses
provide you with more in-depth training on Assessor Series
features. The Distance Learning
Center offers recertification credits for maintaining
your PHR/GPHR/SPHR certification, your CBP, CCP, GRP
or WLCP certification from WorldatWork Society of Certified
Professionals, or your CPA
license through NASBA-approved CPE courses.
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.
Online Salary Survey Reports: This site offers salary survey and salary increase reports for the U.S. and Canada.
Nonprofit Organizations Executive Compensation: ERI's website provides compensation data for tax-exempt organizations, including compensation estimates for executive positions. This nonprofit
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.
OES Salary Survey
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
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.