ABOUT ERI Economic Research Institute Inc
Salary benchmarking and compensation management tools that empower organizations to make data-driven pay decisions with accuracy, compliance, and confidence for over 35 years.
ERI Economic Research Institute was founded 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.
ERI Economic Research Institute was founded 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.
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