Patent ID: 7620654

Claim:
A method for providing a salary report to a self designated survey group utilizing a computer processing system, said method comprising the steps of: providing a computer processing system comprising: at least one computer processor for processing salary data; a storage medium for storing salary data; a graphical user interface for receiving salary data; establishing a salary survey service for storing and accessing salary data, for a self designated group, on said computer processing system; said establishing step comprising establishing-parameters for inclusion in said self-designated group and job positions to include in the salary survey; accepting memberships from a plurality of companies to the salary survey service; receiving, verifying and storing salary data from a plurality of member companies on said storage medium which comprises the step of transferring said verified data from a wage information unconfirmed table to a wage information table by transferring information comprising at least an account ID, a job code, a job title, an average wage base, an average total compensation and an effective date from said wage information unconfirmed table to said wage information table; aging at least a portion of said salary data utilizing at least one annual growth rate selected at the time of generating said report for at least a portion of said stored salary data; entering a plurality of parameters utilizing standard query language, said parameters comprising an annual growth rate expressed as a percentage and at least one of a geographical parameter defining at least one geographical region for said salary report, a job position, a company size designator, and an industry designator; and generating a salary report for the survey group and for said entered parameters.