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ERI's Salary Assessor (SA) reports up-to-the-present-day competitive wage, salary, and incentive survey data. Each job has been tracked over time (many since 1970) by ERI researchers who save subscribers time and expense by collecting and analyzing thousands of salary surveys. ERI’s consensus survey databases are utilized by thousands of organizations as salary guides for compensation planning. SA provides detailed salary ranges for over 16,800 positions in more than 9,400 metro areas in the US, Canada, the UK, Europe, and other countries worldwide.  Salary calculations are based on user inputs for geographic area, industry, organization size, salary planning date, and pay strategy (at, below, or above market rates). Each salary report includes a complete job description derived from the Occupational Assessor (eDOT) job analysis database. Variance statistics (standard error) are provided. Salary structure planning is facilitated by a Benchmark List screen that reports the organization’s competitive position for up to 3,000 benchmark jobs at once. A Geographic List screen enables users to compare salaries for a single position in up to 3,000 locations. ERI salary tables are displayed and stored according to user specifications. Salary data may be ranked, sorted, saved, and exported to PDF. Sold on an annual subscription basis, database updates are released twice each quarter (see Update Available).

 

•Review salary ranges and median/means for over 16,800 positions in more than 9,400 locations in the US, Canada, the UK, and countries worldwide.

•Calculate competitive levels of salaries, incentives and total cash by geographic area, industry, organization size (revenue/assets) and salary planning date

•Customize compensation rates based on skills, education, and certifications (including security clearances)

•Apply shift differentials for day, evening, or swing shifts

•Create user-defined areas and search for areas within a radius of a specific location

•Review salaries by years of experience, level, or organization size

•Quickly create a benchmark list of competitive rates for up to 3,000 positions in a specific location

•Create a unique hybrid job by selecting and weighting up to nine component positions

•Quickly create a geographic list of competitive rates for a single job in up to 3,000 locations

•Create and analyze hybrid industries

•Create large scale custom extracts of the Salary Assessor database in Advanced Reports

•Manage complex compensation plans from initial planning to final employee communication in Compensation Management

•Upload and manage all your salary surveys in one place and compare data from third-party surveys with ERI Assessor Series data in Survey Management

•Analyze total compensation in executive pay packages

•View survey data on benefits offered, health care coverage, and paid time off (PTO)

•Variance statistics and methodology available

•Updated twice each quarter

 

Please note: All features and counts described above are for the Enterprise Edition of the cloud-based SA.  For more information, please contact ERI.