ERI Economic Research Institute was founded over 35 years ago to provide trusted salary benchmarking and market pay insights for private and public organizations. ERI compiles the comprehensive salary, cost-of-living, and executive compensation survey data, complete with real-time, global market data. ERI combines its state-of-the-art data with advanced compensation management solutions, empowering organizations with control and oversight of their workforce.

FEATURES:
ERI's Assessor Platform is built for HR and compensation teams managing complex pay decisions worldwide. ERI helps organizations:
- Plan and manage compensation and benefits with accurate, real-time salary survey insights
- Benchmark salaries in local labor markets and specific industries
- Develop competitive executive compensation packages
- Compare the cost of living and cost of labor across global locations
- Design structured and scalable pay frameworks
- Reduce administrative tasks using AI automation and centralized workflows
- Monitor internal pay equity
- Securely integrate with HRIS
- Collaborate with managers
- Export Total Rewards Statements
- And so much more

ABOUT OUR DATA
ERI's data are analyzed using both cutting-edge AI methods and traditional statistics, with analytical methods tailored to the scenario. ERI's published data are derived from five fundamental sources:

- Salary Surveys: ERI conducts salary surveys of HR departments to capture current market rates.
- Customer HRIS Data: Customer integrations with HRIS systems provide a consistent stream of updated compensation data.
- Data from Proxies/10-Ks and Forms 990: Proxies, 10-Ks, and Forms 990 document executive compensation for publicly traded and nonprofit organizations.
- Proprietary Databases: ERI captures compensation data from HR departments through a variety of portals, which flow into ERIs databases.
- Purchased Survey Data: ERI purchases salary survey data from other salary survey firms, which further increase ERIs data volume.