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Market Pricing
- View total compensation data in the Salary Assessor, including long-term incentives and equity compensation
- Use number of employees as the organization size metric for any industry in the Salary Assessor
- View year-over-year salary growth rates to track hot jobs in U.S. markets
- View survey data on benefits offered, health care coverage, and paid time off (PTO)
- Modify education levels to customize your compensation analyses for specific jobs
- Stack up to three certifications and three skill premiums per job
- Add security clearances for precise pay rates
- Create hybrid industries specific to your organization
- Create advanced reports with analyses of compensation for multiple jobs in various geographic locations at once
- Analyze one-year job growth for job families by market, both nationally and in a selected location
- Get international data for cost of labor analyses around the globe
- Plan compensation for a single job in multiple (branch) locations
- Create hybrid jobs tailored to your organization
- Apply shift differentials for day, evening, or swing shifts
- Analyze base salary, incentive, and total cash at various percentiles
- Find market rates for jobs by location, industry, experience, size, and salary planning date
- View data availability for skills and certifications
- Analyze salaries by level or size in the Global Salary Calculator and extended geographic database locations in the Salary Assessor
- Customize job descriptions for accurate job matching
- View survey populations and variance statistics with standard errors and standard deviations
- Adjust the annualized salary trend for more accurate salary planning
- Share saved lists with one or more users in your account, setting individual permissions
- Import your lists of benchmark jobs, geographic areas, user-defined averages, and hybrid jobs
- Export custom reports in Excel or PDF format to share with colleagues or clients
- Calculate the market index for a list of benchmark jobs
- Benchmark pay at various percentiles with customized pay periods for multiple jobs at once
Compensation Management
- Store and retrieve data about internal jobs, easily match jobs, and export customized job descriptions
- Get notified when any detail of your salary plan needs attention
- Archive and update your compensation management plan for next year
- Allow managers to review and set merit increases/incentives within the system while ensuring HR guidance and control
- Plan merit increases, incentive plans, discretionary incentives, and sales incentives
- Use templates to easily import departments, pay grades, rewards, budgets, and employee lists to your compensation management plan
- Manage complex compensation plans from initial planning to final employee communication
- Easily assign multiple Employee Lists to managers and share data between users on the same account
- Give a single user account-level administration functionality over other users within the same account
- Share custom lists, including Compensation Management and Survey Management lists, with other users on the same account
- Identify issues with internal compensation at the job or employee level within an organization, check for pay compression, and examine pay equity for protected groups
- Filter and update specific employee groups
- Create and save one or more lists of jobs, areas, and organization data that are stored under a unique profile
- Understand how salary increases impact the total cost to the organization
- Create customized salary planning reports for various departments
Survey Management
- Market price global locations in ERI’s Extended Geographic Database
- Classify surveys using job-level market pricing tools
- Integrate newly calculated market rates with your data to determine market adherence
- Automatically combine surveys using a selection of accepted methods
- Upload and manage all your salary surveys in a single survey library
Geographic Differentials
- Display cost of labor comparisons by salary percentages or pay periods and save the list for future use
- Use these new predefined lists to compare geographic differentials: All Major U.S. Cities, Available U.S. Counties, All U.S. MSA Regions, or All U.S. Postal Codes
- Calculate geographic cost of labor differentials at various earnings levels for multiple locations at once
- Analyze geographic salary differentials using updated Metropolitan Statistical Areas (MSAs)
- Export charts and customized graphs to share analyses
- Search by postal code or cities within a radius of another
- Select different currencies for more accurate comparisons
- Create user-defined averages of locations to analyze pay differentials in a specific geographic area
Executive Compensation
- Export detailed, board-ready PDF reports with graphics and extract large custom data sets to Excel
- View charts describing the likelihood of certain pay components in a given executive’s pay package
- Create large scale custom extracts of the Executive Compensation Assessor database
- Analyze compensation for specific executives in comparable companies including user-selected compensation elements, financial metrics, and additional descriptive statistics
- Generate benchmarks relative to groups of peer companies and based on analysis of industry trends
- Combine data from surveys and proxy statements to analyze salary, bonus, non-equity awards, stock awards, option awards, pensions, and other compensation components for top executives’ compensation packages
- Calculate base salary, incentive, total cash, long-term incentive, total direct and total compensation data for all executives in our database
- Benchmark executive compensation packages for planning and reporting
- Import job lists and employee salaries to compare with industry benchmarks
- Analyze total cash compensation with maximum reasonable compensation limits for an organization’s top 15 jobs
Cost of Living
- Contrast cost of living for multiple earnings levels in up to 1,000 cities at a time as compared to a base area, such as a headquarters or a national average
- Generate cost of labor and cost of living reports at metro (MSA) and county levels, plus ZIP, city, state, and national levels
- Compare the cost of living in detail for two locations based on user-defined assumptions
- Modify assumptions or use default assumptions by salary level in cost of living comparisons
- Fully customize the standard of living assumptions for cost of living reports, including rent or ownership
- View cost of living differentials based on earnings level, home size, home ownership or rental, family size, number of autos, and automobile value
Nonprofit Compensation
- Search, rank, and sort by industry subsector, geographic area, date, and size (revenue, assets, or grants)
- Group peer organizations, including for-profit data, with the detailed compensation comparables needed for a “rebuttable presumption of reasonableness”
- Review compensation data collected from nonprofit organizations’ IRS Forms 990, 990-EZ, and 990-PF
- Set competitive pay for nonprofit executive compensation
- Analyze comparables from both nonprofit and for-profit organizations
- Generate benchmark reports with salary data from comparable organizations
Labor Market Data
- Download extracts of the minimum wage database customized by location
- Get minimum wage alerts if one of your employees drops below a local minimum wage rate
- View minimum salary thresholds required to qualify for exemption from the overtime provisions of the Fair Labor Standards Act (FLSA) that took effect on January 1, 2020
- Review current minimum wage rates and scheduled updates for the U.S. and Canada, including all states and provinces, counties, and major cities
- Export state and local Pay Transparency rules to Excel
- Export recent updates to minimum wage regulations for specific date ranges
- Link to source websites, such as the minimum wage division of the area’s government website
- Research OES prevailing wage rates
City Metrics
- Review current local area economic indicators statistics, such as detailed local inflation, employment, and unemployment rates and changes
- View current and historical census data for job families
- Get daily rates for short-term serviced housing costs in prime business locations, Daily Subsistence Allowance paid to United Nations employees, Per Diem amounts allowed for US Department of State personnel, local gas prices, as well as hardship and danger pay differentials (for applicable locations)
- Generate city reports with detailed short-term assignment and long-term housing cost information for popular expat neighborhoods in 95 major global cities
- Estimate per diems for cities around the world
Disability Determinations
- Search for local employers and find estimates of job availability
- Generate lists of jobs based on job analyses
- Change job measures to indicate an individual’s limitations due to injury or other circumstances
- Perform job analysis based on an individual’s training, experience, and limitations
FLSA
- Get FLSA alerts if one of your employees appears to be in violation of a regulation
- Estimate Fair Labor Standard Act (FLSA) overtime exemption status at the state and federal level
Salary Surveys
- Get specific survey data from ERI’s Salary Increase Survey, Benefits Benchmarking Survey, or US Government Contractors Salary Survey: Aerospace, Defense, and Information Technology
- Access industry-specific and job function surveys published annually
- Participate in individual salary and benefits surveys
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