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Geographic List Background

To assist with planning or auditing pay for one job in multiple (branch) locations, the multiple location Geographic List table enables you to enter and view salaries for up to 3,000 areas for one job.  On one table (or one printout report), you may view a listing of branch offices with ERI calculated salaries and compare your current pay practice to local market pricing. Users may share their entire Organization profile (including all geographic lists) with users under the same account.  

 

Job Title

To select a job title, begin typing a search string (i.e., the name of the job you are looking for) in the Job Title field and click on the desired job listed OR click the Browse button in the Job Title field to open the Browse Jobs dialog.  

 

Note: The Geographic List allows the user to analyze ERI Jobs, Jobs by Industry, Hybrid Jobs, and Internal Jobs (see Filters). Enhanced subscriptions that include the My Organizations feature allow users to match their internal job titles to ERI job titles in saved internal job lists.  Modifications to Internal Jobs must be made in My Organizations.

 

Geographic Area

1.The Geographic Area column displays the selected local market.  To add a new area, click the button to open the Browse Areas dialog.

2.To change an area already displayed in the table, click the selected geographic area and either begin typing the name of the area you are looking for and select the desired area listed OR click the Browse button to open the Browse Areas dialog.

 

Note:  If the user selects a new job and there are areas in the Geographic List table that are not available for the chosen job, then the user is given the option to return to the previously selected job OR remove areas that are not available for the chosen job.

 

Note: Enhanced editions will include a Data Availability column in the Browse Areas dialog (in either the ERI Areas or Internal Areas tab) displaying the area as either a Primary Geographic Database or Extended Geographic Database location.  There may be limited details available for locations in the Extended Geographic Database; more details may be available for locations in the Primary Geographic Database. For more information about the jobs and areas available in your subscription level, please contact ERI.

 

Note: For enhanced editions, the Geographic List can only be populated with locations from either the Primary Geographic Database or the Extended Geographic Database (a mixture of the two databases is not allowed). Enhanced editions will include a Data Availability column in the Browse Areas dialog (in either the ERI Areas or Internal Areas tab) displaying the area as either a Primary Geographic Database or Extended Geographic Database location.  

 

10th Percentile

This column displays the 10th percentile (by default) for the specified geographic area, as well as the industry, size and salary planning date specified under Organization Data. The percentile may be changed by clicking the Percentiles button.

 

25th Percentile

This column displays the 25th percentile (by default) for the specified geographic area, as well as the industry, size and salary planning date specified under Organization Data. The percentile may be changed by clicking the Percentiles button.

 

Mean/Median

This column displays the Mean/Median, or local market salary, for the specified geographic area, as well as the industry, size, and salary planning date specified under Organization Data.  See Modify Percentiles to select the Mean (default) or Median.

 

75th Percentile

This column displays the 75th percentile (by default) for the specified geographic area, as well as the industry, size and salary planning date specified under Organization Data. The percentile may be changed by clicking the Percentiles button.

 

90th Percentile

This column displays the 90th percentile (by default) for the specified geographic area, as well as the industry, size and salary planning date specified under Organization Data. The percentile may be changed by clicking the Percentiles button.

 

Small, Medium/Large, Large/Very Large

The Geographic List table now allows for the reporting of compensation for director and executive jobs based on organization size when a location in the Extended Geographic Database is selected (see Browse Areas). When Levels is selected in Modify Percentiles and the Job Title selected is a director or executive job, then Small, Medium/Large, Large/Very Large columns are displayed (representing organization size).  

 

Levels 1/2/3

The Geographic List table now allows for the reporting of compensation for non-executives job based on level when a location in the Extended Geographic Database is selected (see Browse Areas). When Levels is selected in Modify Percentiles and the Job Title selected is a non-executive job, then Level 1/2/3 columns are displayed.  

 

See Definition of Levels.

 

For additional definitions of terms, please see the Glossary of Compensation and Benefits Terms.

 

Values in

This column displays the currency for the selected row in the table.

 

Actual Salary

1.The Actual Salary for each job may be entered for direct market comparisons.  

2.See Pay Period for possible adjustments (i.e., annual, hourly, etc.).  

3.To change the Actual Salary value, click the selected job and enter a new value in the Actual Salary column.

 

*Renter's Cost of Living

A local cost-of-living estimate is included to compare the relative cost of purchasing goods and services, as determined by the demand and supply of goods, services, and property in each area.  See Data Background FAQ #8 for more information on how the ERI Renter's Cost of Living is calculated.

 

*Please note:  This estimate is not intended to imply that cost-of-living differentials should be considered when setting local salary adjustments.

 

Also Note:  The market pricing of pay (local wages and salaries) alone is generally considered the single relevant factor when hiring from the local workforce.  There are certain situations, however, where local cost-of-living information may also be of interest to those who administer pay.  These situations might include:

 

Administering pay in areas where cost-of-living exceeds wages and salaries to the extent that it is difficult to attract, motivate, and retain workers even when paying at or slightly above "competitive target pay"

Transferring employees, either temporarily or permanently, between areas with extremely different costs-of-living

Administering pay nationwide with the intention of equalizing the "buying power" of all like jobs' take-home pay.  Buying power is defined as the inverse of cost of living.  Cost of living is the cost of purchasing goods and services, as determined by the demand and supply of goods, services, and property. For example, if the cost of living is 10% higher in an area, the buying power is approximately 10% less in that area.

 

The local area cost of living reported in the Salary Assessor is based upon the ERI established spending pattern for an earner at the National Average and adjusted for each area.  This cost-of-living value is calculated with the same methodology used in the Geographic Assessor and the default assumptions of the Relocation Assessor.  These assumptions include: home rental of a square footage dictated by the earnings level, effective combined federal/state/provincial/local income taxes, consumables, transportation and health care costs.  

 

Also Note:  Like the Geographic Assessor, the cost-of-living calculations of the Salary Assessor is appropriate for comparing home rental situations only (either temporary relocations or permanent relocations of lower earners who are likely to be "renters" only).  If a permanent relocation assuming home ownership is likely (as, for instance, in the relocation of management level personnel), please refer to the Relocation Assessor which allows for user-modifications to rent versus own, family size, home size, neighborhood selection, and other variables.  The cost-of-living calculations of the Salary Assessor are not applicable to home ownership situations.

 

For definitions of terms, please see the Online Business Glossary and the Salary Assessor Methodology.

 

Note: When the user loads or imports an area list that includes ZIP codes, then the Geographic List or Advanced Reports table will display a Postal Code column.

 

To Import an Area List

See Import Areas

 

To Create an Organization Profile

See My Organizations

 

To Select Compensation Type

See Compensation Type

 

To Select Pay Period

See Pay Period

 

To Customize Percentiles

See Modify Percentiles

 

To Display Salaries by Level/Size

1.Select a location in the Extended Geographic Database (see Browse Areas).

2.See Modify Percentiles.

 

To Select Columns

See Choose Columns

 

Note: Enhanced subscriptions that include My Organizations will display the Choose Columns button in the Benchmark List, Geographic List, and Manager Audit Tool, allowing the user to select and deselect columns in the main table.

 

To Customize Years of Experience

See Change Years of Experience

 

To Customize Levels

3.Select a location in the Primary Geographic Database (see Browse Areas).

4.See Change Levels

 

To Change the Organization Size (Revenue)

See Organization Data

 

To Customize the Graph

See Salary Graph

 

To Modify the Education Level

See Education

 

To Apply a Skills Premium

See Skills

 

To Add a Certification

See Certifications

 

To Add a Shift

See Shift Work

 

To View a List of All ERI Areas

See Data Availability

 

To View Incumbent Information

See Survey Population

 

To View Variance Statistics

See Variance Statistics

 

To Save the Geographic List

See Save List

 

Note:  When saving a Benchmark List or Geographic List, changes to Organization Data (e.g., industry, revenue size, planning date, etc.) will not be automatically saved with the list.  To save the Organization Data associated with your saved list, click Save under List Settings.  To use Organization Data previously saved in association with your Benchmark List or Geographic List, click Load under List Settings.

 

To Share Geographic Lists

See My Organizations

 

To Export to a PDF

See Export to PDF

 

To Export an Excel Spreadsheet

See Export to Excel

 

To Print

See Printing