ERI Economic Research Institute, operating as ERI SalaryExpert, provides comprehensive compensation data and analysis tools for organizations and individuals. Launched in 2000, the company specializes in salary benchmarking, cost of living comparisons, and compensation planning using robust survey data and advanced analytics.
The company gathers data from multiple sources including its own salary surveys, customer HRIS data, public filings like 10-Ks and IRS Forms 990, proprietary databases, and purchased survey data. This information is verified by Ph.D. statisticians and analyzed using AI, machine learning, and traditional statistical methods to ensure accuracy and reliability.
ERI offers a suite of tools such as the Salary Assessor, Geographic Assessor, and Executive Compensation Assessor, serving over 35,500 job titles across 1,100 industries and 10,500 global locations. Its platform supports employers in designing competitive compensation structures while helping job seekers understand market pay rates.
The company emphasizes data integrity and security, having completed a SOC 2® examination to validate its commitment to protecting client data. ERI's compensation data is used by thousands of companies for strategic planning, pay equity analysis, and compliance with labor regulations.