AL_Logo Abbott, Langer Association Surveys FAQ#3

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QUESTION:  How current is your data?

 

All ALAS surveys are released mid-year, July 1st, with a data date of March 31.  The one exception is the Health Care Benefits Benchmarking Survey, which is released April 1st, with a data date of January 1st.

 

As explained in FAQ#2, the original data sets come from:

•IRS Form 990 EOs/EZs/PFs
•US SEC 10-K, proxies, and 8-K filings
•Government and nonprofit organizations, using composite results of the US OES Occupational Employment and Wage Survey, disbursed among jobs found in job families
•ERI SalariesReview patented online, interactive salary surveys and Assessor Series databases
•Abbott, Langer Association Surveys participant data (with no data incorporated less than 90 days old, per FTC/DOJ Regulations).

 

We conduct time-series trend analyses on those annually released surveys, enhanced by current increase rate information submitted by individuals participating in online surveys from our independent affiliate, ERI Salary Surveys, during each year. We update each job's pay information according to the historical trend, combined with the most recent increase data submissions and our own salary budgeting surveys.

 

Thus, any one job will have data from surveys conducted in 1999 through today, with current figures being updated based on the historical survey trend. The percentage updated to the first day of the month is also influenced by real-time current interactive web survey input, a combination of published structure increase rates, and our own special survey of competitive rate changes.