<< Click to Display Table of Contents >> Navigation: More Frequently Asked Questions > FAQs About ERI Economic Research Institute > ERI Background FAQ #7Frequently Asked Questions |
QUESTION: How do you keep your costs so low?
ERI has been developing and refining an extensive database of collected survey data for more than 30 years. Over the years, our extensive knowledge of compensation and our analysts' computer programming skills have allowed us to become extremely efficient in data collection, compiling, and market pricing. Our refined processes (which keep our staff exceptionally busy each quarter), the unique and extensive experience of our staff and the fact that our customer base is much larger than that of our competitors, allow ERI to provide high-quality data to our customers at a cost advantage when compared to third-party suppliers of wage and living expense data.
In addition, ERI has always strived to serve the independent consultant as well as the mega-conglomerate. By keeping our products reasonably priced, we can ensure that the best possible data is also affordable to the independent consultant. ERI is proud of the fact that it supports smaller survey companies, which continue to provide outstanding data while being consistently ignored by ERI's competitors (who choose to use only the largest survey providers).