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QUESTION: What data may be modified and how will it affect salaries?
Organization Data: See Salary Adjustments. You may specify a particular predefined/listed area (city, statewide average or country average) or a User-Defined Average. You may also trend salary data forward or backward to any desired Salary Planning Date and adjust base salary information by inputting the industry and organization size.
•Organization Name: Please note that your inputs to the Organization Data menu will show on printouts, including the Organization Name. In this way, your printouts may be personalized. Please note additionally, the "Personalize Printouts" option (File | Print | Personalize) that allows you to include the analyst's organization name and contact information at the bottom of each print report.
•Location: When initially booted, the Salary Assessor loads a default specification of United States Average (postal code 00000). Depending on your subscription level, you may select from any of over 8,300 US and Canadian cities and several hundred additional areas in the UK and Europe. You may average several locations to a User-Defined Average, or labor market area, or you may append multiple areas to the Multiple Area Listing Table.
•Industry: When initially booted, the Salary Assessor loads a default specification of "All Industry Average." Because codes can vary with different publications, be sure to match an industry by title, rather than by code alone. Please refer to the Methodologies for information in industries.
•Organization Size: When initially booted, the Salary Assessor loads a default specification of $100 million in revenue. Organization size for most positions and industries is defined in terms of annual revenue. For some positions and industries, the organization size is defined in terms of assets, Fiscal Year Budget (FYB), or # of employees.
•Salary Planning Date: When initially booted, the Salary Assessor loads a default specification of today's date (the current PC or system date). You may select any salary planning date and the Salary Assessor will automatically trend salary calculations forward or backward to the date specified. For Salary Planning Date adjustments, ERI bases our salary increase rates on the Salary Increase Survey & Forecast (free to participating ERI subscribers).