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TWO CITY COST-OF-LIVING COMPARISONS
ERI's Relocation Assessor® & COL Survey is a desktop software application that compares cost-of-living levels in over 11,300 areas. HR professionals and consultants utilize this software to calculate relocation bonuses (or salary adjustments) for transferred employees. Relationships are derived from thousands of cost of living data points gathered via ERI's provision of web services, digitization of public records, ERI Salary Surveys patented online surveys, and other licensed UK, Canadian, US and international cost of living datasets.
Create unlimited numbers of detailed two-city cost-of-living comparison reports in-house with this database program. The Assessor is available in 2 versions - Professional (for US and Canada COL analyses) and Consultant (for worldwide plant relocation labor cost analyses, costing proposed HR policy changes, and international COL comparisons).
Professional Edition Relocation Assessor (RA) is for wage and salary planning. Features include:
Consultant Edition Relocation Assessor (RA+) & COL Survey is for in-depth research for consulting, compliance, or compensation planning. Cost-of-living differences between areas reflect the demand & supply of goods & services; geographic salary differentials reflect the demand & supply of labor. That said, pay differentials appear to mirror COL differences slightly more than in the past. See ERI's 2006 White Paper. Other features include:
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Copyright © 2014 ERI Economic Research Institute, Inc. All rights reserved.
ERI Economic Research Institute is an Authorized User of selected Statistics Canada data under Agreement Number 6184. ERI's intellectual property rights include Patent Nos. 6,862,596 and 7,647,322, "System and method for retrieving and displaying data, such as economic data relating to salaries, cost of living and employee benefits." Other Internet-related applications are Patents Pending.