Executive Compensation Assessor Background

The Executive Compensation Assessor (ERIXA) Software and Databases Background

ERI is a premier provider of executive compensation data for companies, CPA firms, attorneys, and expert witness work. ERI has been a provider of executive data since 1986, and the greatly expanded Executive Compensation Assessor™ (ERIXA) software and databases were introduced in 1998. Since 1998, ERI databases have grown to include over 14,000 publicly traded or reporting companies. Today, ERI products offer customers the largest available database of executive wage data for both profit and nonprofit organizations.

The Executive Compensation Assessor software and databases are compensation analysis tools that report competitive total compensation for top management positions by industry. The Executive Compensation Assessor software and databases assist with precise valuations of market pay. This software product is the only source of its kind that analyzes data compiled from all publicly available executive compensation surveys and all U.S. SEC proxy data.

The Executive Compensation Assessor software and databases assist with the assessment of an organization's executive compensation competitiveness.

Job data is matched and reported according to job descriptions for 350 top management position titles.
Data may be adjusted for geographic area, industry, organization size, and compensation valuation date.
Proxy data is available for 14,000 public corporations.
When used interactively with ERI's Platform Library™, subscribers may review actual proxy data utilized to create projected weighted averages and ranges.
Salary data is available for 298 U.S. and Canadian metro areas (more than 7,200 areas if run with the Geographic Assessor® software and databases).

The Proxy Analyses table was initially created at the request of the IRS for assessment of the reasonableness of owner/manager compensation. (This 1988 DOS edition was then known as the Valuation Assessor software database.) Additional applications of executive compensation analyses occur in valuations (where owner/manager compensation affects stock value), estate planning, appraisals (S2000), charitable gifts (S170), buy/sells (S2073), ESOP feasibility studies, reasonable compensation, accumulated earnings, divorce and other litigation, and insurance funding.

In recent years the IRS has refocused its interest regarding over/under-compensation because:

Owner compensation reduces C corporation profits.
Owner compensation can adversely affect the R&D credit.
Owner under-compensation affects FICA and Medicare contributions.

ERI databases are updated daily, and software quarterly updates are released in January, April, July, and October of each subscription year.

ERI researchers save our subscribers time and expense by collecting and analyzing wage/salary and cost-of-living information for you!

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