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Why ERI SalaryExpert?
At ERI SalaryExpert, we utilize salary survey data to help business leaders attract and retain top talent. Utilizing salary survey data to create a competitive compensation plan will help reward employees for performance contributions to your company’s growth, profitability, and short-and long-term objectives.
Who We Are
ERI SalaryExpert was launched in 2000 by ERI Economic Research Institute to help organizations and individuals optimize salary planning. Our robust compensation management solution houses the global salary survey data and applications needed to design competitive and effective compensation structures. From benchmarking with reliable market data to analyzing geographic differentials and conducting pay equity analyses, our intelligent platform is an innovative way of merging integral salary survey data with efficient features, all in one system.
We compile the most robust salary, cost-of-living, and executive compensation survey data available. ERI collects data using three distinct methods: direct collection from organizations, digitization of publicly available tax documents (such as 10Ks and Forms 990), and purchases of salary surveys. These research efforts provide a robust database that allows ERI SalaryExpert to report on 35,500 jobs across over 1,100 industries based on data from over 2.7 million organizations and 11.1 million employees. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application.
Our Salary Evaluation Process
We are constantly taking steps to improve our salary platform and provide the most in-depth salary survey and
compensation data.
compensation data.
Data Collection
Data are gathered from five fundamental sources: ERI’s salary surveys, customer HRIS data, data from proxies/10-Ks and Forms 990, proprietary databases, and purchased survey data.
Data Verification
After compiling our compensation data, we conduct QA to ensure our data is vetted, verified, and of the highest quality.
Analysis
ERI conducts advanced analytics using AI and traditional statistics, depending on which approach is best for a particular application to accurately capture the market value of each occupation in our salary survey database.
Quality Assurance
ERI analysts double-check the results for each job every quarter. Our verified salary survey information helps set benchmark pay.
ERI Results
Explore ERI's wage, salary, and compensation databases of over 35,500 job titles, 1,100 industries, and 10,500 locations.
Salary survey software to manage all of your compensation needs
The Assessor Platform, powered by ERI, has an extensive database, including compensation data from thousands of salary surveys, across over 1,100 industries and markets across the globe. Our salary survey data is utilized by thousands of businesses from small to Fortune 500 companies. Utilizing our company’s 35 years of experience in the industry will allow you to merge the alignment between short- and long-term business plans and design a compensation program that will maximize business results and employee engagement while attracting top talent and ensuring your overall business success.
How Compensation Data Can Help Your Company
Provide Direction
As a CEO, it is important to provide direction on the role that compensation plays within your business. Compensation planning is an important part of an overall business strategy.
Define a Stragegy
Defining a business strategy can translate into short- and long-term operating plans. This allows decisions to be made on salary planning and other goals that assist in keeping employees motivated and engaged while working together.
Responsive Programs
A compensation plan should be responsive to your business needs, financial abilities, sound financial planning, top management expectations, the external labor market, and the workforce needs and values, all while ensuring legal compliance in a challenging labor market.
The Strategic Compensation Planning Process
A good compensation planning strategy begins at the top with the business strategy itself and compliments both short- and long-term business goals. HR professionals understand the importance of salary survey data when it comes to benchmarking total compensation and making the best business decisions for their company.
Business
Strategy
Short- and Long-
Term Operating Plans
