However, ERI offers advantages over both these options.Purchasing one of our competitors surveys is almost always more expensive; one survey can cost as much as an annual subscription to anAssessor Seriesapplication that allows for an unlimited number of analyses. Learn more about cost of living and cost of labor analyses using, Enter your current city, US zip code, state, or country, Enter a city, US zip code, state, or country to compare. Includes 8 new cities in the Philippines, 2 new areas in Uruguay, 2 new locations in Jamaica, 4 new areas in Ecuador, 3 new locations in Guatemala, and 5 new areas in Trinidad & Tobago. What best describes you? Find out what your salary should be based on your skill set, location, and job title from the same database that over a thousand businesses use to set employee pay. You can use these resources to find the median or average salary for your job title in your area, the anticipated pay trajectory in your career path, and other related data points to help you make sound career decisions. With the introduction of the. It is undesirable to build a cost of living adjustment into salary, as the integrity of the current salary administration program will be compromised. Create a new structure in just three clicks, based on market data or an existing structure in your library. Data are gathered from 3 sources: surveys we conduct, surveys purchased from other organizations, and reports from publicly traded organizations. In many cases, this practice is not cost effective for the employer. View a list of all locations available in ERI's Assessor Platform, Transportation, Telecommunications and Utilities, Financial Institutions, Insurance, Real Estate and Investments. ERIs approach to evaluating survey data for validity, as well as the analyses we use to compile data, also differ from our competitors. 2023 ERI Economic Research Institute, Inc. ALL RIGHTS RESERVED. See a Sample of Our Data Schedule a Guided Tour View Our Titles and Locations 14,049 Positions 9,388 Locations 1,101 Upon completion, youll receive a report showing the salary someone in your area with the same experience and skill set should receive. Denise Flournoy Director HR and Compensation, FiveL Company Helping Leaders The estimated base pay is $71,107 per year. In general, branch pay should be dictated by market pricing of wage/salary differentials only.While employees may find it more desirable for their pay to be adjusted for local cost of living variances, this is an unusual practice. offers many advantages when compared to third-party compilers of wage data. In general, ERIs research database subscriptions are available to management, analysts and consultants and are now widely used by client organizations (thousands of corporate and consulting subscribers). However, ERI offers advantages over both these options. However, subscribers can now spend this time and these resources administering pay and performing the many other duties demanded by todays Human Resource positions.ERI researchers save you time and money! Calculate salaries by level, years of experience, or organization size. survey description briefs (one-paragraph summaries) and detailed position descriptions based on the format of the original, interactive software that permits the selection of specific peer comparables for competitive analysis. This assures these trainees do not make more than current full-time incumbents of comparable jobs.Another option is to compare notes with other local employers in your industry, because intern rates tend to be extremely localized and customized to specific industries. ERI only reports rates from surveys. With the introduction of theOccupational Assessor (eDOT), vocational rehabilitation counselors, forensic economists, immigration attorneys and a host of other niche professionals are now joining as subscribers.For those interested in nonprofits, theNonprofit Comparables Assessor (CA)is the definitive and comprehensive census of nonprofit executive pay used by IRS, charities, foundations and their consultants. Enter your current city, US ZIP code, state, or country. Access ERI's Salary Survey Database. ERI collects cost of living data more efficiently and inexpensively, and passes those savings on to subscribers.Forsalary and wage data, you could purchase individual survey sources and conduct an in-house analysis of those sources, or you could purchase compiled wage data from a third-party supplier via a hardcopy report or Internet download. , you could purchase individual survey sources and conduct an in-house analysis of those sources, or you could purchase compiled wage data from a third-party supplier via a hardcopy report or Internet download. Our 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. See payroll FAQs below. ERIsAssessor Seriesoffers the advantages of more wage data and more features at a fraction of the cost.As a research firm (engaged in research, not marketing/sales), ERI has been collecting and analyzing data from thousands of salary surveys for over 30 years. We take pride in providing salary survey data that have been thoroughly vetted and verified, setting the industry standard for compensation. Analyze market salary data for hybrid positions based on industry, location, level of experience, and more. For instance, the transfer of personnel into an office where locally hired employees are earning lower salaries than the transferees cost of living adjusted salary is an undesirable and avoidable situation. Cost of living differentials, as reported by ERI, reflect cost models at different income levels (e.g., an auto of x value driven y miles/kilometers, home rental with no mortgage income tax deductions, home ownership with income tax mortgage deductions in North America, etc. Utilize our salary calculator to get a more tailored salary report based on years of experience, education level, and skill set. Export detailed PDF reports with graphics and extract large custom data sets to Excel. SalaryExpert's salary estimate calculator will help you know your salary worth by comparing your information to our salary database. In ERI Salary Surveys, we ask for "assets," so whichever metric is reported is theone used in the survey results.For certain financial industries, such as eSIC 6282 - Investment Advice Services, assets undermanagement (AUM) is the metric referenced. ERI's Salary Calculator will compare your information to our salary database. Use our robust salary research database to find out what kind of salary you can expect to receive in your position. Track minimum wage changes across the U.S. and Canada. ERIs salary data are used to benchmark total compensation, base pay, bonuses, and more. In most cases, cost of living is considered only when an employee incurs new expenses due to an internal move, from one branch office to another. . ERI is a tremendous resource for wage analysis, cost of living, cost of labor, and relocation data for our employees I have examined other tools offered by your competitors and I have found that I have complete confidence in ERIs methodology, and, with that confidence, I am able to present data to my upper management, which they also have confidence in as well. In general, ERIs research database subscriptions are available to management, analysts and consultants and are now widely used by client organizations (thousands of corporate and consulting subscribers).Subscribers include corporate compensation, relocation, human resources, and other professionals, as well as independent consultants and counselors, and US and Canadian public sector administrators (including military, law enforcement, city/county, state/provincial, and federal government pay administrators). Streamline your human resource management, workforce development, and salary planning process with our global salary comparison tool. See a list of all jobs available in ERI's Salary Assessor database. Streamline your human resource management, workforce development, and salary planning process with our global salary comparison tool. Want to do more with our executive compensation data? ERI does not release listings of the names of its subscribers.A complete listing or count of all users for over 30 years would be problematic since users might not reveal their identities to ERI, entities change names, and current subscriber populations are constantly increasing. ERI Economic Research Institute was founded over 30 years ago to provide compensation applications for private and public organizations. After compiling the data, we conduct QA to ensure data are of the highest quality. ERI utilizes a completely different set of position titles, position descriptions, geographic areas, industries, and even types of company/organization size when compared to other companies. Christine V. Walters, MAS, JD, SPHR Independent Consultant, FiveL Company, ERI is a tremendous resource for wage analysis, cost of living, cost of labor, and relocation data for our employees I have examined other tools offered by your competitors and I have found that I have complete confidence in ERIs methodology. View salary estimates based on job and location for over 45,000 different jobs in more than 8,000 locations. Enter your job title and location to learn about compensation for your position. ERI uses actual housing sales data, gasoline prices, consumables, medical care premium costs, effective income tax rates, and more. ERI collects, compiles, and analyzes cost of living data from available sources and researches areas which are not commonly surveyed individually. Learn about the latest updates for North American minimum wage changes on a monthly basis. will dictate the best method for handling cost of living allowances. Accurately reflect and easily manage your pay practices across job families, departments, or divisions. Our salary data goes through a rigorous quality control process before it appears on our Assessor Platform. A separate product provides European data for Austria, Belgium, Denmark, Luxembourg, the Netherlands, Portugal, and the United Kingdom. ERI maintains several databases, tracking wage and salary information (as well as cost of living information) for the United States, Canada, the United Kingdom, Europe, and other countries around the world. Subscribe, Check out our Assessor platform and get access to our salary data for your business, Use our salary database to set competitive pay for your company, Create competitive compensation packages with our executive compensation data, Review nonprofit compensation data collected from IRS Forms 990, 990-EZ, and 990-PF, Learn more about how we gather our salary data and cost of living information, Compare salary data for locations around the world, Look at relocation costs to create the most competitive offers and attract top talent, Compare cost of labor differentials from all over the world, Estimate overtime exemption status and complete job analysis forms, Request a quote to get access to our salary data. Identifies Changes Enter your info to see your take home pay. , due to the continued use of data collection techniques of the 1940s, our competitors have to charge more for one report than ERI charges for an annual subscription to the. Eri Economic Research Institute pays an average salary of $320,644 and salaries range from a low of $278,838 to a high of $366,313. 2023 ERI Economic Research Institute, Inc. ALL Rights Reserved. We will alert you if one of your employees appears to be in violation of a regulation. A complete listing or count of all users for over 30 years would be problematic since users might not reveal their identities to ERI, entities change names, and current subscriber populations are constantly increasing.