09/09/10  


 

ERISS combines its revolutionary survey technology with current market data in order to deliver maximum value to our customers.

Our exclusive 12-months trend data is available for more than 700 occupations in more than 330 MSAs.

We present the data in easy-to-read trend graphs. This kind of information is not available anywhere else and it provides a primary reason for employers to come back again and again. Salary data from the ERISS Market Scanner system provides broad-based, representative information on salaries offered by occupation and by industry for experienced versus non-experienced new hires at a specific point in time and area. Salary Scanner, on the other hand, provides near real-time complimentary transaction trend data from job specific on-line postings in the area. Together, they form the most current and comprehensive salary picture available anywhere.

The Scanner is based upon ERISS's patent pending salary data mining technology. It scans millions of on-line job postings and tracks and updates 250,000 combinations of job classifications and locations across the United States - every month.

Summary Overview:

  • Classifies job postings according to "cross walks" painstakingly created by ERISS
  • Extracts the salary offered and automatically converts it to a common unit (hourly/monthly/annually etc.)
  • Extracts benefits offered, experience and education required plus type of work offered
  • Eliminates data "outliers" and calculates high, low and median offerings by occupation, area and time frame
  • Applies dynamic smoothing algorithms to present data in a more usable form
  • Compares the market information with survey data by industry and size

 


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