SalaryExpert vs. FocalReview

Learn how to retain your top talent by utilizing reliable compensation data to your advantage. Our comprehensive resources on compensation can assist you in identifying suitable salary figures. With ERI's Assessor Platform, professionals in compensation and HR have access to global salary information that is both extensive and insightful. Accurately assessing salary insights is crucial for your organization to stay competitive and draw in the best candidates available. We offer detailed information across a variety of job titles, including executive pay, as well as information related to cost of living and salary standards around the world to support your compensation planning needs. You can evaluate market trends for base wages, bonuses, and total cash compensation customized to particular regions, sectors, and organizational sizes. Furthermore, these salary figures can be fine-tuned based on criteria such as experience level, revenue or asset size, expertise, educational qualifications, and certifications. Our salary survey data includes a vast array of curated datasets, cutting-edge analysis techniques, large databases, and routine job audits to ensure your salary strategies are not only effective but also current. By tapping into these resources, you can develop a competitive compensation package that genuinely reflects the worth of your team while fostering employee loyalty and satisfaction. Ultimately, investing in accurate compensation strategies will contribute to your organization’s long-term success and stability.

FocalReview®, the premier tool from SpiraLink, enhances the management of both compensation planning and performance processes effectively. This innovative platform enables the oversight of stock, bonus, and salary plans across various timeframes tailored to different employee groups. Additionally, it accommodates multiple languages and currencies, ensuring a global reach. HR teams are empowered to budget, recommend, analyze, and approve all aspects of compensation seamlessly, even when multiple management organizations are engaged. By aligning your business strategy with compensation practices, you can better synchronize employee performance with workforce rewards. Serving as a role-based and highly customizable compensation management module, FocalReview® assists in balancing merit increases, lump sum adjustments, promotions, and bonuses proficiently. Furthermore, it offers flexible payment options in various languages, currencies, and pay frequencies, including hourly and annual salaries, making it a versatile solution for any organization. With FocalReview®, companies can optimize their compensation strategies to drive employee engagement and performance.