To assist with planning or auditing pay for multiple jobs at one area, the Benchmark List allows users to analyze salaries for up to 500 jobs in one area in a single table. This enables you to view a list of benchmark jobs with ERI calculated salaries and compare your current pay practice to local market pricing calculations.
The Mean/Median salary is adjusted by time, organization size (e.g., revenue or # of employees), industry, and geographic area, providing a "best estimate" of what a true market value might be. See Organization Data to modify the geographic area, industry, organization size, and/or salary planning date.
To Display Base Salary, Total Cash, or Incentive
To Change the Pay Period
See Pay Period
1.To select a job from the database, click the 
button to open the Browse Jobs dialog.
2.To change a job already displayed in the table, click on the selected job and either begin typing the name of the job you are looking for and select the desired job listed OR click the Browse button to open the Browse Jobs dialog.
3.To import a list of jobs, see Import Jobs to the Benchmark List.
4.To view the job description for a particular job, click once on a specific row in the table and view the job description window below the salary graph.
To Create an Organization Profile
See My Organizations
Percentiles
This column displays ERI's local market base salary for the specified job, as well as the geographic area, industry, size, and salary planning dates specified under Organization Data.
1.Enter present pay for each job in this column for direct market comparisons. Depending on the Compensation Type selected, this column may be displayed as Actual Salary, Actual Incentive, or Actual Total Cash. See Pay Period for other possible adjustments (i.e., annual, hourly, etc.).
2.To change the Actual Salary value, click on the selected job and enter a new value in the Actual Salary column. This will recalculate the Market Index.
This equals the Actual Salary divided by the Mean (and multiplied by 100) for comparison, competitive analysis, and adjustment purposes.
To Delete One or More Table Rows
To Sort the Table
See Sort Table
To Import Jobs
See Import Jobs to the Benchmark List
To View a List of All ERI Areas or Jobs
To Export
See Export to PDF
See Export to Excel
To Save the Table
See Save List
Note: When saving a Benchmark List, changes to Organization Data (e.g., industry, organization 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, click Load under List Settings.
To Print
See Printing
For definitions of terms, please see the Online Business Glossary and the XA Methodology.