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Salary Planning Made Easy
SalaryExpert's salary data, powered by ERI's Assessor Platform gives HR and compensation professionals the salary planning tools and confidence to establish accurate pay structures by combining customizable features with the latest in salary and cost of living data.
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Salary Survey Data and Survey Management
As one of our sources of pay data, salary surveys are an integrated part of our compensation planning solution. Our curated datasets and comprehensive compensation platform make it easy to perform a complete salary analysis. In addition to our robust salary databases, our survey management solution includes these features:
- Upload and manage all your salary surveys in one place
- Automatically combine surveys using a selection of accepted methods
- Integrate newly calculated market rates with your data to determine market adherence
- Analyze survey data and export customized reports
- Rely on data for jobs audited every quarter
Salary Survey Process
1
Survey Participation
Each year, we open a participation window from October to April. During that time, we reach out to companies and give them the opportunity to participate and contribute their salary survey data and benefits information.
2
Salary Data Review
After data collection is complete, the salary data is reviewed by our Pd.D. statisticians for quality and consistency. If there are any salary data discrepancies, participating organizations are reached out to for clarification and correction.
3
Salary Survey Results
After the salary data are collected and verified, summary statistics (such as mean salary data) are calculated and the results are published for customers to utilize.
Cost of Living and Cost of Labor
Our cost of labor and cost of living data allow
you to perform analyses to set pay rates in
multiple cities worldwide.
Minimum wage rates for U.S. and
Canada with real time updates
Canada with real time updates
Utilize user-defined regions to get average pay
rates for different locations
rates for different locations
Comparisons by salary percentages or
pay periods with the ability to save lists
for future use
pay periods with the ability to save lists
for future use
Compensation Management and Compensation Alerts
Our compensation management software (ERI’s Assessor Platform) solutions allow you to manage complex compensation plans from initial planning to final employee communication. In addition, get minimum wage and FLSA alerts to stay on top of changes.
- Allow managers to define and review merit increases and incentives within the compensation management platform while ensuring HR guidance and control
- Automatically apply complex performance plans and market data to individual employees and set corporate performance goals
- Minimum Wage Alerts: Cities and states are constantly updating minimum wage regulations. We will alert you if one of your employees drops below a local minimum wage rate.
- FLSA Alerts: Cities and states are constantly updating FLSA overtime exemption regulations. We will alert you if one of your employees appears to be in violation of a regulation.
Compensation Data
Our compensation data allow you to perform salary benchmarking to find market rates for jobs by location, industry, and organization size. Our robust compensation database includes executive compensation for all industries, including nonprofit sectors.
Customize compensation rates based on experience, revenue or assets, skills,
education, and certifications (including security clearances)
education, and certifications (including security clearances)
Benchmark base annual salary, incentive, long-term incentive, and total cash at various percentiles
Analyze executive compensation and download proxies
Research pay for nonprofit executives and access Forms 990
Additional Compensation Software Features
In addition to the features above, our compensation software solutions (ERI’s Assessor Platform) can be customized to make your salary benchmarking easier:
- Review data from comparable companies with matching criteria
- Create hybrid jobs to customize positions for your specific business needs
- Compare average salaries in cities to the national average
- Track current and scheduled minimum wage changes across the U.S. and Canada
- Perform job analyses based on skills and limitations
- Complete FLSA overtime and disability determination analyses
- Search for U.S. and Canadian salary data by postal code
- Import job data and export customized salary reports
- Produce customized salary planning reports for various departments
- Participate in individual salary and benefits surveys
- Get quarterly updates
Who We Are and What We Do
SalaryExpert, powered by ERI, was launched in 2000 with a mission to provide employers, human resource professionals, and job seekers with compensation data. We employ Ph.D. level data scientists and seasoned compensation professionals to provide an unrivaled level of expertise. Data sourced from internal surveys, third-party salary surveys, and public sources provide a robust sample that is second to none in terms of volume and quality. We want to make your compensation planning and career evaluation easier with access to salary survey data.
Data Collection
Data are gathered from 3 sources: surveys we conduct, surveys purchased from other organizations, and reports from publicly traded organizations.
Data Verification
After compiling our compensation data, we conduct QA to ensure our data is vetted, verified, and of the highest quality.
Analysis
SalaryExpert conducts advanced analytics to accurately capture the market value of each occupation in our salary survey database.
Quality Assurance
SalaryExpert analysts double-check the results for each job every quarter. Our verified salary survey information helps set benchmark pay.
SalaryExpert Results
Explore SalaryExpert’s wage, salary, and compensation databases of over 11,000 job titles, 1,100 industries, and 8,500 locations.
Our Customers
ERI Economic Research Institute provides the salary survey and cost of living data that powers SalaryExpert.
Below is a sample of the customers that rely on ERI and SalaryExpert compensation data.
Below is a sample of the customers that rely on ERI and SalaryExpert compensation data.
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Schedule time with our certified representatives to learn more about our tools for salary and cost-of-living analyses.
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Contact Our Sales Team
Our sales team will work with you to find the right ERI software package to fit your needs and save you time and money when it comes to compensation planning.
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