Several definitions: 1) A service or business authorized to act on the behalf of others (for example, an employment agency that refers employees to organizations for a fee). (2) A government's administrative section. (3) A legal term describing the relationship between two parties -- a principal and his or her agent, representing the principal in business transactions with a third party.
ERI Economic Research Institute was founded over 30 years ago to provide compensation applications for private and public organizations. 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).
ERI Economic Research institute compiles the most robust salary, cost-of-living, and executive compensation survey data available, with current market data for more than 1,000 industry sectors. The majority of the Fortune 500 and thousands of other small and medium sized organizations rely on ERI data and analytics for compensation and salary planning, relocations, disability determinations, board professionals, and setting branch office salary structures in the United States, Canada, and worldwide.