The Complete Compensation Database is a free on-line service that provides users with access to a comprehensive, searchable database on the executive compensation packages of more than 36,000 executives employed with over 7,000 U.S. publicly-traded companies. The database is updated daily. It enables users to conduct detailed searches based on geographical region, fiscal year, pay ranges such as salary, bonus, long-term incentive payouts, stock options, and company data including revenue, income, number of employees, and more.

The Complete Compensation Database also allows users to generate statistical comparisons of the figures included within the database. It automatically calculates differences of compensation between various geographical regions, fiscal years, and other criteria. With just a few keystrokes, a user could call up a list of all manufacturing CEOs in Michigan and see what the median salary increase was between 2003 and 2004 (the answer is $126,386, or 30%). As another example, a user could compare CFOs in the New York area whose companies made $100 million or more in 2004 with all CFOs nationwide (the New York CFOs made an average of $294,110 more in cash-only compensation than the rest of the country).

Although the ability to search and view the data, as well as generate statistical comparisons, is a completely free service provided by FreeERISA.com, users may also export the data as a premium option. This way, analysts or financial professionals can manipulate the data using any third party analysis program such as Excel or Access, and can view the information off-line.

The interface for the Complete Compensation Database was designed so that the average user, with little or no experience in compensation analysis, would be able to mine the system for data while at the same time including enough comprehensive information to satisfy high-level compensation committees and corporate boards.

Data for the Complete Compensation Database was collected primarily from Definitive Proxy Statements (DEF 14A) filed with the U.S. Securities and Exchange Commission (SEC) beginning January 1, 2003. A proxy statement is a document that must be provided to the shareholders of a company prior to an annual or special meeting, according to the SEC. It must disclose information about issues that will be voted on in the meeting, including the compensation of executives.

Additional sources of data include the annual reports of companies, also filed through the SEC. The database is updated on a daily basis with information from the SEC's Current Events Analysis system.

FreeERISA.com began as a small website in 1999 offering pension and welfare benefit data. Since then, it has grown into the largest employee benefits source on the Web with thirteen benefits-related databases, other services, and over 300,000 registered users.

Source: FreeERISA.com

CONTACT: Dan Cole of FreeERISA.com, Phone: +1-202-728-0111, Fax:
+1-202-728-0845, dcole@freeerisa.com

Web site: http://www.freeerisa.com/