ERI Economic Research Institute

What ERI Economic Research Institute does

ERI Economic Research Institute is a privately held compensation analytics company founded around 1989-1990 (35+ years in operation) and headquartered in Redmond, Washington, with an Irvine, California office referenced in firmographic data. The company operates the Assessor Series Platform, a cloud-based compensation intelligence suite that aggregates employer-reported salary survey data, cost-of-living data, and executive compensation information across 35,600+ job positions, 10,500+ global locations, and 1,100+ industries. Each job in the database is reviewed and audited twice per quarter, and a published convergent validation study reports 99% agreement with time-matched survey responses.

The platform comprises eight specialized assessor tools (Salary Assessor, Geographic Assessor, Relocation Assessor, Executive Compensation Assessor, Nonprofit Comparables Assessor, Occupational Assessor, Global Salary Calculator, Survey Management) plus add-on modules for compensation management, pay equity, pay grades, total rewards statements, benefits data, minimum wage tracking, and shift differentials. A 2025-released AI suite adds job matching (94% best-match accuracy), AI-generated job descriptions, AI pay grade creation, and a transformer-based AI Growth Prediction Model (CompAtlas). Native HRIS integrations cover 11 HCM platforms including ADP, SAP SuccessFactors, UKG, Paylocity, and Dayforce, enabling real-time employee data synchronization.

ERI operates on a quote-based annual subscription model with three primary packages (Benchmarking, Compensation Management, Global Compensation Management) plus add-ons (Disability Determination, Nonprofit Executive Compensation Data, Professional Consulting Services). The go-to-market combines enterprise field sales, self-serve free demos, an online quote request portal with segmented intake tracks, and embedded compensation consulting that functions as both an upsell channel and a retention mechanism. The customer base spans thousands of organizations from solo consultants to Fortune 500 enterprises (Amazon, Apple, Toyota, Coca-Cola, Netflix, CVS Health, Costco, Fidelity Investments, Lockheed Martin, Boeing, Raytheon, Northrop Grumman, General Dynamics), as well as defense contractors, financial services firms, and nonprofits. As a privately held, founder-financed company with no disclosed funding rounds or institutional investors, ERI has remained independent for over three decades and completed SOC 2 Type II compliance in 2025.

Name

ERI Economic Research Institute

Legal name

ERI Economic Research Institute, Inc.

Website

https://erieri.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

51–100 employees

Short description

ERI Economic Research Institute is a privately held compensation analytics company that operates the Assessor Series Platform, aggregating salary survey, cost-of-living, and executive compensation data across 35,600+ jobs and 10,500+ global locations for HR and compensation professionals at enterprises, mid-market firms, government contractors, and nonprofits.

Ownership category

akta.pro rank

Product category

Compensation Intelligence Software

NAICS

Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Custom Computer Programming Services (541511)

SIC

Services-Computer Processing & Data Preparation (7374), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Expense Management & Reimbursements Administration (BPACAIAH)

Keywords

• Compensation benchmarking software
• Salary survey data
• Executive pay analytics
• HRIS compensation integration
• Pay equity analysis

Headquarters

HQ city

Irvine

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. SaaS Subscription - Assessor Platform Access: ERI operates on a subscription basis providing access to the Assessor Platform, which includes multiple tools (Salary Assessor, Geographic Assessor, Executive Compensation Assessor, etc.). Pricing is quote-based and customized based on customer needs, organization size, and selected features. Packages are tiered by use case: Benchmarking, Compensation Management, and Global Compensation Management. Additional add-ons include Disability Determination, Nonprofit Executive Compensation Data, and Professional Consulting Services. New datasets are released every six weeks.
2. Compensation Consulting Services: Professional consulting services provided alongside software subscriptions. Consultants offer tailored guidance in compensation philosophy, plan design, job level structuring, and Assessor Platform implementation. Ongoing advisory services are available for comprehensive compensation management support.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels10 records

Core offering

ERI sells a cloud-based compensation intelligence platform, the Assessor Series, that provides salary benchmarking, cost-of-living and cost-of-labor differentials, executive compensation data, FLSA overtime classification, nonprofit comparables, and global salary data across 35,600+ job titles, 10,500+ locations, and 1,100+ industries. The platform also includes Compensation Management software, AI-powered job matching, pay grade creation, survey management, pay equity analysis, HRIS integration, Total Rewards Statements, and supporting professional consulting services and continuing education delivered via subscription licensing.

Product overview

ERI Economic Research Institute offers the Assessor Series Platform, a unified compensation intelligence platform with multiple specialized assessors and integrated modules. The core product lineup includes Salary Assessor for general salary benchmarking, Geographic Assessor for cost-of-labor comparisons, Relocation Assessor for relocation cost analysis, Executive Compensation Assessor for C-suite pay data, Nonprofit Comparables Assessor for nonprofit executive compensation, Occupational Assessor for FLSA overtime classification, and Global Salary Calculator for international salary comparisons. These feed into Compensation Management as the central planning hub, supported by Survey Management, Pay Equity, Pay Grades, and Total Rewards Statement modules. The platform also includes AI-Powered Features for job matching and pay grade creation, plus Minimum Wage Data and Shift Differentials for compliance. ERI provides data across 35,600+ job positions, 10,500+ global locations, and 1,100+ industries, with add-on professional services including Compensation Consulting and Distance Learning Center for HR certification.

Differentiator

Problem solved

Functional benefit

Brands

• Salary Assessor®: A detailed salary calculator providing employer-reported compensation survey data for compensation planning, benchmarking, and market analysis.
• Geographic Assessor®
• Relocation Assessor®
• Executive Compensation Assessor®
• Nonprofit Comparables Assessor™
• Occupational Assessor
• Global Salary Calculator

Products and services

• Assessor Series Platform Unified cloud-based compensation intelligence platform providing salary benchmarking, compensation management, and workforce analytics across multiple specialized Assessors and supporting modules, targeted at enterprise and mid-market HR/compensation functions.
• Salary Assessor Comprehensive salary survey software providing a detailed salary calculator for compensation planning, with access to employer-reported compensation survey data for benchmarking job titles against market rates across 19,600+ positions and 9,400+ locations.
• Geographic Assessor Geographic salary differential software that calculates cost of labor and cost of living differentials for setting branch office salary structures and compensation adjustments across 9,100+ global locations.
• Relocation Assessor Cost of living comparison tool for comparing relocation expenses between cities and regions based on earnings level, home size, and family composition, covering 10,500+ global locations with support for two-city comparisons and multi-city comparisons up to 1,000 cities.
• Executive Compensation Assessor Executive pay benchmarking software providing data on executive salaries, bonuses, long-term incentives, and stock awards for 2,000+ executive positions across 9,500+ locations and 1,100+ industries, including peer proxy data and total compensation trend analysis for 40,000+ executives and board members.
• Nonprofit Comparables Assessor Nonprofit executive compensation database extracting data from IRS Forms 990, 990-EZ, and 990-PF for benchmarking nonprofit executive pay, covering 55 executive positions across 600 industry sectors to support peer grouping and rebuttable presumption of reasonableness under IRC 4958.
• Occupational Assessor FLSA overtime exemption and job analysis tool that estimates overtime exemption status at state and federal levels and assesses job requirements for 28,700+ position titles across 1,100+ industry sectors.
• Global Salary Calculator Global salary comparison tool providing access to salary data for 35,600+ job titles across 8,300+ international locations with data in local currencies, updated daily, supporting salary range analysis, 10th–90th percentiles, hybrid jobs, and international comparison reports.
• Compensation Management Compensation planning and management solution enabling organizations to manage pay structures, salary increases, incentive plans, benefits administration, and Total Rewards Statements from strategy design through employee communication, including pay grade structures, merit increase planning, FLSA and minimum wage alerts, and pay equity analysis.
• Survey Management Salary survey data management tool for uploading, organizing, and combining multiple salary surveys with job matching across surveys and four data aggregation methods: mean, median, incumbent weighted average, and custom weighted average.
• AI-Powered Features AI compensation tools suite including job matching (94% best-match success rate), job description generation, pay grade creation, and salary growth prediction powered by machine learning and the CompAtlas transformer architecture to streamline compensation planning.
• HRIS Integration Real-time data synchronization feature enabling automatic import of employee data from HCM/HRIS platforms (ADP, BambooHR, Dayforce, Fuse, iSolved, Paychex, Paycom, Paycor, Paylocity, SAP SuccessFactors, UKG, and additional providers) into ERI's Compensation Management platform.
• Compensation Consulting Professional consulting services providing expert guidance on compensation philosophy, plan design, job level structuring, and Assessor Platform implementation, offered as a paid add-on and as embedded engagement for new and existing subscribers.
• Distance Learning Center Online education platform offering HR certification credits from WorldatWork and SHRM, compensation courses, continuing education, webinars, and HR resources for HR and compensation professionals.

Quantifiable outcome

• 99% convergent validation agreement between Salary Assessor results and time-matched survey responses
• +3 more outcomes

Named customers29 records

Segments7 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration12 records

AI capability4 records

Feature15 records

Partnerships

Eleven partnerships are on record, tiered core.

• ADPcoreTechnology or IntegrationADP (Automatic Data Processing) is listed as a compatible HCM/HRIS platform with which ERI's Compensation Management platform integrates via secure data synchronization. The integration allows ERI to automatically pull employee information from ADP, adding new employee records, updating existing employee compensation, and removing inactive records.
• BambooHRcoreTechnology or IntegrationBambooHR is listed as a compatible HRIS platform for ERI's HRIS sync functionality. ERI integrates with BambooHR to synchronize employee data (name/ID, job title, department, geographic location, compensation details) into the Compensation Management platform.
• Dayforce (Ceridian)coreTechnology or IntegrationDayforce by Ceridian is listed as a compatible HRIS system for ERI's integration. ERI's Compensation Management platform syncs employee data from Dayforce, enabling automatic updates to employee information in ERI's platform.
• Fuse Workforce ManagementcoreTechnology or IntegrationFuse Workforce Management is listed as a compatible HRIS system with ERI's data synchronization functionality. Employees can be managed and their data synced from Fuse into ERI's Compensation Management platform.
• iSolvedcoreTechnology or IntegrationiSolved is listed as a compatible HCM platform with ERI's HRIS integration capabilities. ERI syncs employee data from iSolved to maintain accurate employee records in its Compensation Management system.
• PaychexcoreTechnology or IntegrationPaychex is listed as a compatible HRIS system for ERI's HRIS sync functionality. ERI's platform integrates with Paychex to pull and maintain employee compensation and organizational data.
• PaycomcoreTechnology or IntegrationPaycom is listed as a compatible HRIS system for ERI's HRIS synchronization. ERI's Compensation Management platform integrates with Paycom to keep employee data current and accurate.
• PaycorcoreTechnology or IntegrationPaycor is listed as a compatible HRIS system with ERI's data integration. ERI syncs employee information from Paycor into its Compensation Management solution.
• PaylocitycoreTechnology or IntegrationPaylocity is listed as a compatible HRIS system for ERI's HRIS integration. ERI synchronizes employee data from Paylocity to maintain employee lists and compensation data in the Compensation Management platform.
• SAP SuccessFactorscoreTechnology or IntegrationSAP SuccessFactors is listed as a compatible HCM platform for ERI's HRIS integration. ERI's platform integrates with SAP SuccessFactors to synchronize employee data including compensation details, job titles, departments, and geographic locations.
• UKG (Ultimate Kronos Group)coreTechnology or IntegrationUKG is listed as a compatible HRIS system with ERI's HRIS sync functionality. ERI integrates with UKG to automatically update employee information, job titles, compensation, and organizational structure in its Compensation Management platform.

Scale indicators18 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• ADP: Largest US payroll and HR services provider with embedded compensation/benefits administration and market-data capabilities. Indirect competitor and partner; competes with ERI through integrated payroll-and-comp workflows.
• Mercer: Global consulting arm of Marsh McLennan offering Mercer Surveys, the largest traditional compensation survey database. Competes with ERI's Executive Compensation Assessor and Salary Assessor primarily inside large enterprise and consulting buyers.
• UKG: Cloud HCM platform covering HR, payroll, and talent management with embedded compensation management capabilities. Indirect competitor and HRIS integration partner; competes with ERI through native compensation planning.
• Workday: Cloud HRIS and enterprise applications vendor with Workday Compensation Planning and Peakon compensation modules. Indirect competitor that already exchanges data with ERI via the documented HRIS integration partnership.
• Aon (Radford): Global professional services firm with the Radford compensation survey and HR consulting network. Strong direct overlap with ERI in technology, life sciences, and executive compensation benchmarking.
• Willis Towers Watson (WTW): Global advisory firm with compensation survey data services and HR consulting practice. Major incumbent competitor across executive compensation, broad-based benchmarking, and total rewards advisory.

Direct peers

• Culpepper: Compensation survey and benchmark data company serving HR professionals with similar job/industry/location datasets. Smaller direct competitor comparable in dataset structure and customer segment to ERI.
• Payscale: Cloud-based compensation data and salary benchmarking SaaS serving HR and compensation professionals. Directly competes with ERI's Salary Assessor and Compensation Management offerings on job/title/geography/industry benchmarks.
• Salary.com: Compensation data SaaS providing salary benchmarking, cost-of-living, and pay analytics to HR professionals. Closest direct competitor to ERI across employer-reported salary survey data and HR integrations.

Emerging players

• Syndio: Pay equity analytics SaaS focusing on compensation fairness across protected groups. Closely adjacent to ERI's Pay Equity module, with newer pay-transparency-native design and overlap on regulatory analytics buyers.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/EconomicResearchInstitute
• LinkedInlinkedin.com/company/eri-economic-research-institute
• Xx.com/erieri_com

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ERI Economic Research Institute