What is a source for officer compensation data?

The Economic Research Institute's Salary Assessor Database is a reputable source for officer compensation data because it compiles comprehensive salary information across various industries and roles, including executive positions. This database is widely used by valuation professionals to gauge competitive compensation levels for specific job titles and geographic regions.

The database employs advanced analytics to benchmark salaries, taking into account factors such as company size, revenue, and regional market differences. This makes it particularly valuable when assessing the reasonableness of compensation packages for officer-level positions within a business, ensuring that decisions are informed by reliable industry data.

Other sources, while relevant in the context of salary and compensation, may not provide as detailed or specific information regarding officer compensation. Some databases may cover broader salary trends or statistics that can lack the granularity needed for precise executive compensation assessments.