Cost of Living Resources...

Relocation for Employment at Record Low - ERI Economic Research Institute

2010-11-10T13:19:00.000-08:00

Relocation for Employment at Record Low - ERI Economic Research Institute...

A study of 3,000 successful job seekers by the outplacement consultancy Challenger, Gray and Christmas found the lowest level of job-seeker relocation in the 25 years it has been tracking this metric. Only 6.9 percent
of job-seekers who found employment in the third quarter relocated for the new position, compared to a relocation rate of 13.4 percent in the same quarter a year ago; while this continues a long term trend, the recent
downturn has been much more rapid.

Click on graph for larger image in new window.

Learn more now!

Cost of Living Data for the United States

2010-11-05T09:49:00.000-07:00

Cost of Living Data for the United States

Compare your salary:
Get a free Salary Report

Enhance your Website with Salary and Cost of Living Syndication Tools

2010-10-31T11:41:00.000-07:00

SalaryExpert.com - Salary and Cost of Living Syndication Center...

If you're looking to generate more traffic for your site, increase brand visibility or communicate with your readers more effectively, adding SalaryExpert syndicated content can play a major role in growing and developing your online properties. We offer a variety of interactive content modules that can be easily tailored and added to your site.

Calculators
Allow your vistors to quickly perform a number of job, salary and cost of living related calculations without leaving your site.

Graphs and Charts

Embed customized graphs and charts based on job, salary, and cost of living research data directly into your website.

Learn more now!

What Happened to My Cost of Living Increase? - ERI Economic Research Institute

2009-11-21T12:25:00.000-08:00

AS SEEN ON PRLog.org

REDMOND, WA - Rapid increases in the federal government's Consumer Price Index (CPI) often bring expectations of salary increases at least equal to the "cost of living." But the recently released CPI numbers show some startling economic trends.

From October 2008 to October 2009, consumer prices decreased at an annual rate of 0.2%.

The cost of household energy decreased 8.5% from October 2008 to October 2009, a dramatic change from huge increases in 2007 and 2008.

The cost of food at home costs dropped 2.8% but cost of food away from home rose 2.2% over the year.

That easy justification for a salary increase – just match the change in CPI – doesn't work right now. According to ERI Economic Research Institute's research on salary increases, planning for increases by employers varies dramatically, based on specific industry and geographic area. But there really is no change in the reasons why wage increases don't match the "cost of living."

What you spend -- your specific cost of living -- depends on how you choose to spend your money. And what you earn depends on what you do for a living and where you do it. The reality is that different people have different expenses, even though "cost of living" is often discussed as if it were a single discrete universal number. The federal government tries to measure the changing prices of a fixed market basket of goods and services over time, but there is no one single cost figure that accurately measures individual expenses. The real "cost of living" is based on decisions by individual consumers on how to spend the money they have.

On the spending side of the equation, an increase in certain costs may cause consumers to make different choices – for example, to eat more meals at home rather than dining out in restaurants. Then those rediscovering their kitchens will take advantage of the decreasing costs of food at home and avoid the increasing costs of restaurants, thus minimizing the impact of the changing price of food on their cost of living. Obviously, while CPI may be useful in measuring changing costs in the economy, it does not really represent what most consumers actually experience.

On the earning side, companies pay what they do because that's what the labor market for a specific skill requires. Pay among different employers is often difficult to compare, as the value of total compensation packages varies based on non-cash elements like health insurance and working conditions. Obviously, each employer has a different view of a job's value to the company, as well.

And even more important, companies don't print money. The major source of money available to compensate employees usually comes from sales of company products or services. While there aren't that many rules about pay beyond the legally-required minimum wage, the consequences of wrong pay choices are serious. If companies don't pay enough, they lose good people and can't hire new ones. If they pay too much, their prices of their products or services won't be competitive.

Salary increases are currently reported as averaging around 2%, but never before has ERI seen such wide differences among different jobs, different industries, and different locations. Employers everywhere across the US are facing the stark reality of setting pay levels based on the demand for labor and the goods and services that they produce.

Thus, basing a salary increase on the increase or even a decrease in the cost of living just doesn't really work. Although an across-the board increase is easily understood and appears equitable, companies realize that increases must reflect the market for labor in their industries or they won't be in business long.

Check out salary increases by industry at ERI Economic Research Institute blogs and add your own comments!

Read the full press release at: PRLog.org

Five (5) FREE Resources from SalaryExpert.com

2009-08-18T11:54:00.000-07:00

Here are Five (5) FREE Resources from SalaryExpert.com...
SalaryExpert Provides HR professionals and employees with choices for finding the most accurate and up-to-date compensation and cost of living information, SalaryExpert.com has a range of salary tools, salary surveys and products to fit your specific needs.

1. Local Data for Job Salaries By City and State

2. Local Cost of Living Data by City and State

3. Free Salary Calculators Tools to Help you Research and Maximize your Pay

4. Education and Career Planning Center Tools and resources to help accomplish your educational and career goals.

5. Global Salary Calculator provides salary data for over 100,000+ job titles in 200+ countries.

> Visit: SalaryExpert.com for more great resources!

Cost of Living Relocation Data from (ERI) Economic Research Institute

2009-05-27T22:31:00.000-07:00

ERI's Relocation Assessor® is used by thousands of companies to compare cost-of-living levels in over 11,500 area worldwide. The Relocation Assessor® free demo edition provides access to a limited dataset for product evaluation purposes.

ERI's Relocation Assessor^® & COL Survey is a desktop software application that compares cost-of-living levels in over 10,000 areas. HR professionals and consultants utilize this software to calculate relocation bonuses (or salary adjustments) for transferred employees. Relationships are derived from thousands of cost of living data points gathered via ERI’s provision of web services, digitization of public records, SalariesReview ’s patented online surveys, and other licensed UK, Canadian, US and international cost of living datasets. Create unlimited numbers of detailed two-city cost-of-living comparison reports in-house with this database program. The Assessor is available in 2 versions – Professional (for US and Canada COL analyses) and Consultant (for worldwide plant relocation labor cost analyses, costing proposed HR policy changes, and international COL comparisons).

For more information visit...
ERI Economic Research Institute: www.erieri.com

Cost of Living Comparisons for the 100 Most-Requested Cities in the U.S.

2009-03-11T15:26:00.000-07:00

Cost of Living Comparisons for the 100 Most-Requested Cities in the U.S.

CostofLiving.net - Cost of Living Data in the 100 Most-Requested Cities, providing Local Cost of Living Comparisons by City and State.

CostofLiving.net provides easy to use cost of living comparisons for over 4,500 cities:

Here are just a few cities for you to check out...

Here are a few States for you to compare:

View More cost of living data in other popular cities!

Local Cost Of Living Data for Los Angeles, California from SalaryExpert

2009-03-09T18:35:00.001-07:00

Local Cost Of Living Data for Los Angeles California...

Data is derived from 747 OES locations and assumes typical spending patterns. In order to generate detailed reports suitable for creating cost of living differentials and relocating employees, please consult ERI's Relocation Assessor. The Relocation Assessor includes data for 10,000 areas worldwide and allows for customization based on salary, housing, family size and automobile.

View cost of living data in other popular cities Note: Clicking on Los Angeles, California in the list below will compare Los Angeles, California to other popular cities. If you would like to choose the city you compare Los Angeles, California to please refer to Cost of Living Calculator.

View more Cities at: SalaryExpert

SalaryExpert Now Offering Local Cost of Living Data by City and State

2009-03-03T13:23:00.000-08:00

SalaryExpert... You can now view Cost of Living Data in the 100 Most-Requested Cities, providing Local Cost of Living Comparisons by City and State.

SalaryExpert has your city and state covered, providing easy to use cost of living comparisons for over 4,500 cities. All you need to do is enter your current salary, area in which you currently reside, and area to which to plan to move to receive a FREE cost of living report.

For professionals they offer a free demo of Cost of Living Software. The Relocation Assessor provides Cost of Living Data for over 7,500 cities including Canada.

The Relocation Assessor® which is used by thousands of companies to compare cost-of-living levels in over 11,500 area worldwide. The demo edition provides access to a limited dataset for product evaluation purposes.

SalaryExpert.com also provides a Free International Cost of Living Calculator.

I recommend you go by and check out the above resources!

The Top 20 Cities with the Highest Wage Growth - CostofLiving.net

2008-09-08T08:27:00.000-07:00

CostOfLiving.net is an affiliate to ERI Economic Research Institute which was founded in 1987 to provide compensation, benefits, and Human Resource research for private and public organizations in the form of published reports and software database products.

The Top 20 Cities with the highest wage growth.

The 2008 average wage growth for the United States is 3.4%. College Station-Bryan, TX saw the greatest wage growth at 9.5%. The geographic wage figures are reported by Bureau of Labor Statistics (BLS) and the comparisons are presented by ERI Economic Research Institute. ERI's Geographic Assessor provides in depth reporting on geographic wage differentials.

The data come from a single source of Bureau of Labor Statistics (BLS) job family salary survey data, broken down into individual jobs by SalaryExpert researchers. For more complete information with multiple data sources, please see ERI's Salary Assessor®. The Salary Assessor® desktop software reports competitive salary, incentive, and base compensation ranges for over 5,000 job titles and 7,000 geographic locations in the US and Canada.

Click Here to get the Full List: Top 20 Cities with the highest wage growth...

Two City Cost of Living Comparison Calculators from CostOfLiving.net

2008-09-03T15:54:00.000-07:00

For professionals we offer a free demo of Cost of Living Software. The Relocation Assessor provides Cost of Living data for over 7,500 cities including Canada.

Come by and visit: http://www.costofliving.net/