ERI Compensation Hub

Provides access to an extensive database of compensation-related information, used for analyzing salaries and pay structures across job roles, industries, and locations

ERI Compensation Hub

The ERI Compensation Hub is a platform that provides access to an extensive database of compensation-related information, used for analyzing salaries and pay structures across job roles, industries, and locations. It is built to support organizations in conducting pay benchmarking, developing internal compensation frameworks, and evaluating wage equity in both domestic and international contexts.

Publisher: Economic Research Institute (ERI)

Detailed Description

ERI maintains a compensation database that includes information on more than 39,000 job titles across over 10,500 geographic locations and over 1,100 distinct industry classifications. This data is compiled from a blend of internal resources and third-party salary surveys, which are reviewed and updated regularly to reflect current labor market conditions.

The platform applies a combination of statistical methodologies—including longitudinal analysis, meta-analysis, and machine learning—to validate and structure its data. These approaches are intended to ensure consistency and depth across various pay metrics, such as base salary, total compensation, and forecasted pay trends.

ERI operates solely as a data provider without offering consulting services, allowing for independent data reporting free from potential external influence. According to the organization, its data shows a 99% consistency rate when compared with matched survey responses over time.

The tool is intended to assist with a variety of tasks including:

Internal compensation planning
Market-based benchmarking of salaries
Wage structure analysis within specific industries or company roles
Equity studies focused on pay fairness
Geographic pay differentials and forecasting
ERI’s resources are designed to be used by HR departments, compensation analysts, and researchers involved in evaluating or building salary frameworks for hiring, retention, compliance, and workforce management.

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Data Source

Source:

1. Internal ERI Salary Surveys
ERI runs its own patented (U.S. Patents 6,862,596 & 7,647,322) online salary surveys, gathering compensation data across thousands of job titles, skills, industry sectors, and locations.

2. Third-Party (External) Salary Surveys
ERI purchases or trades data with other reputable survey vendors, integrating these datasets into its platform to expand the breadth and depth of coverage.

3. Public Records & Company Disclosures
They digitize publicly filed documents—SEC 8-Ks, 10-Ks, proxy statements, Forms 990, 5500, and annual reports from publicly traded and international organizations—to extract executive compensation, benefits, and wage data.

4. Government & Census Data (Supplemental)
ERI incorporates data from national statistics (e.g., U.S. BLS OES, Census CEW), though these are used only in supplementary models—and not in core salary analyses. Government data informs modules like Prevailing Wage or geographic differentials.

5. Advanced Data Science & Rigorous QA
ERI employs machine learning, meta-analysis, and longitudinal modeling to normalize, merge, and interpret data across these sources. Data undergoes PhD-led review and quarterly auditing, ensuring quality, consistency, and defensibility for professional use.

Source Type	Role in ERI Compensation Hub
ERI internal surveys	Core job-level base, incentive, and total comp data
Purchased external survey data	Extends coverage & benchmarking validity
Public disclosures (SEC, etc.)	Executive pay, benefits, proxies, verified data
Government data (BLS, Census)	Supplemental for pay differentials & context
Data science + QA	Validation, standardization, defensibility

Available from: Economic Research Institute (ERI)

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ERI Compensation Hub

ERI Compensation Hub

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