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<< Click to Display Table of Contents >> Navigation: Additional Executive Compensation Assessor Topics (Listed Alphabetically) > Individual Profile Background |
By default, the Individual Profile table displays five columns of salary range data for a minimum of three different organization sizes and three salary ranges. (The number of rows can be increased. See Customize Table.) The center value, mean or median, along with the associated standard error and size variable, are the real dollar values stored in the Executive Compensation Assessor databases. Incentive and Total Cash tabs are also displayed. (See Compensation Type.)
Position Title
Click the Browse button next to Position to bring up the Search Jobs screen used to select a position for analysis.
Salary
The salary table illustrates the competitive norm data for the selected job. The salaries shown in this table are adjusted by the organization data shown at the bottom left (Adjustments to Compensation Analyses). If the job in question is sensitive to industry, time, geographic location or organizational size, it is imperative that the user adjust the program's basic size and location dimensions. To make these adjustments, click on Adjustments to Compensation Analyses.
To Display Base Salary, Total Cash, or Incentive
To Change the Pay Period
See Pay Period
To Change Organization Sizes Displayed
See Customize Table
To Customize Percentiles
Adjustments to Compensation Analyses
The Executive Compensation Assessor produces two projections for each job: (1) one that is unadjusted (a national value), and (2) the fully adjusted estimate varied by industry, size, geographic area and time. Because of this, the Executive Compensation Assessor contains the Salary Adjustments dialog box of queries regarding the nature of the organization in which the subject positions exist. To assist a quick review, it displays the last inputted data upon startup (initially with the National Data Set). Enter general information concerning the subject organization in this dialog box including the organization name (if it is required on any printouts).
Other adjustments may include:
Location
Browse to find a pre-defined area (city, state or province-wide average or country average) in the Executive Compensation Assessor. See Select Area.
For industry-specific positions, the selection of an industry code will also alter the resulting estimates of the Executive Compensation Assessor. The application automatically displays an eSIC industry description based on the code selected. To determine the appropriate eSIC number, use the Browse function. This will take you to a series of dialog boxes where you will be asked to select from the lists of available industry segments. See Browse Industries.
Revenue
This field defaults to Revenue. However, Assets, Fiscal Year Budget (FYB), or # or Employees can be used depending on the eSIC code. The industry selection, or eSIC code, will often affect the Organization Size choices available. For example, some Finance industries, such as Depository Institutions (eSIC 6000), will be reported by Asset size.
The Planning Date is initially set to the computer's system date, or "today's" date. If this date does not equal the "Database Date," a non-zero Annualized Salary Trend will display. (Only differences greater than or equal to one month have an effect.) All salaries will be adjusted by this percentage to reflect the increase or decrease of salaries due to time. This "Prorated" percentage is compounded monthly. The source of the default annualized salary trend value is the latest quarter’s ERI Salary Increase Report. See Salary Planning Date.
Note: When any of the top six executive titles is chosen, the default Annualized Salary Trend is not used to trend the data forward or backward; the application uses actual public data to trend it. In this case, the Annualized Salary Trend in Adjustments to Compensation Analyses will display "data driven," and the Adjustments button will not appear to the right of the Salary Planning Date. See FAQ #7 for information on setting the salary planning date for the top six executives.
Also note: The Executive Compensation Assessor reports the most recently available data. When you set the Planning Date back in time, the application trends the most recent data to the selected date. It does not pull data from a historical database.
Base Salary Graph
The Base Salary Graph graphically profiles a job so the user can, at a glance, understand how a salary continuously changes as the organization size changes. The top curve represents "range maximum" salaries; the middle curve represents "mean or median" salaries; and the bottom curve represents "range minimum" salaries. The percentiles may be changed for range maximum and minimum salaries (see Customize Percentiles).
Position Descriptions
See Position Description for more information.
To Sort the Table
See Sort Table
To Export to a PDF
See Export to PDF
To Export an Excel Spreadsheet
See Export to Excel
To Print
See Printing
For definitions of terms, please see the Online Business Glossary and the Executive Compensation Assessor Methodology.