Career Searches for Those with Lessened Capabilities

Career Searches for Those with Lessened Capabilities…

For those unexpectedly unemployed, ERI’s free job search module of the Occupational Assessor™ eDOT® contains a complimentary application to assist individuals with disabilities in seeking employment, aged workers considering alternative careers, and those returning from the military. Review over 23,000 jobs, matched to 7,000 locations and 12,000,000 employers. Download it free of charge anytime. See why ERI’s employer-supplied data and analyses are unique and how PAQ’s eDOT Skills Project fits with the Assessor Series® methodology.  (PAQ’s eDOT Skills Project is evolving into PAQ’s Competencies Project and, as a consequence, ERI’s Occupational Assessor is to be renamed the Competencies Assessor™. See www.paq.com.)

Other Free Research Links and Products for Researchers

ERI has expanded its provision of free resources to researchers, students, and instructors (with the latter able to receive other complimentary ERI and PAQ materials):

• ERI Distance Learning Center: Online HR courses are provided free of charge for those new to compensation. To date, more than 20,000 individuals have spent an hour or more on the 53 subject matter topics for either certification credit or continuing education.
• Free Global Salary Calculator®: Download a calculator that converts job family data into specific job value estimates (for over 100,000 job titles). See www.erieri.it, www.erieri.co.uk, or any of 190 other countries’ similar URLs.

• Free for Charities: ERI is assisting PAQ Services, Inc., which supplies free, web-based salary planning services using conservative data (typically 15% below competitive norms) for use by nonprofit organizations. See www.paq.com.
• Free International Pay Data: See why Assessor Series datasets and software make ERI unique among those who provide compensation survey data. Click on a dot and review the source data. Review ERI’s C3 job family matrix that allows US specific job methodologies to complement European (and US public entity) job family classification systems.
• Free Looks at Selected Characteristics of Occupations: PAQ and ERI have teamed to make their worker trait measures for over 10,000 specific jobs available to the public. See www.paq.com.
• Download Support: Chat with a seasoned ERI compensation specialist while you download any demo program from our site. We see the “comp world” changing:

Salary Assessor Geographic Assessor Relocation Assessor

Executive Compensation Assessor Nonprofit Comparables Assessor Occupational Assessor

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See more at ERI’s January 2009 Update newsletter.

Executive Pay Drops in the Past 12 Months, According to ERI Economic Research Institute

News – For Immediate Release from ERI Economic Research Institute…

REDMOND, WA – November 2008 – During the most recent 12 months, the average total compensation of the highest paid executives in US publicly-traded companies decreased by 4.0%. This continued the decrease in total compensation during 2008, first evidenced in ERI’s August study of executive compensation. While overall total compensation decreased, three components of pay reported increases: non-equity based incentives (up 17.8%), restricted stock awards (up 24.5%), and pensions (up 45.5%). However, the ultimate value of the restricted stock awards and stock options may be affected by the most recent drop in share prices. Decreases were reported in components of base salaries, stock options, LTIP, and “All Other.”

ERI Economic Research Institute created this index of Executive Compensation 11 years ago. Since its inception in 1997, revenues of the US companies studied increased nearly 7 times faster than the dollar amounts paid to the companies’ highest paid executives, with total revenues increasing by 118% compared to an 18% increase for executive compensation.

Compensation Changes during the Past 12 Months

During the past 12 months, Overall Total Compensation of the highest-paid executive decreased by 4%, while revenues increased nearly 7%, with the average top executive receiving Overall Total Compensation of $17,760,518.

Compensation Changes Since 1997

The highest paid executives of US companies saw an increase in Overall Total Compensation of nearly 18% during the past 11 years, but the compensation components reported have changed significantly during this time period due to SEC reporting requirements.

Comparing Revenue growth to Total Compensation growth during this same period shows the average dollar amount of company revenues increased by nearly 118% as compared to 18% for total compensation. This means the dollar revenues increased nearly 7 times faster than the average dollar amount of the Executive Total Compensation Package.

Read the FULL Press Release at:
ERI Economic Research Institute News Room.