OpenComp
The world’s first Comp Decision Software
OpenComp provides cloud-based compensation decision software that combines continuously updated global compensation data with intuitive tools for benchmarking, pay strategy and ranges, merit and bonus cycles, pay equity analysis, total rewards statements, headcount planning, and intelligent offers. Data is sourced in real time via customers’ HRIS connections and supported by robust security controls, encryption, certifications, and a GDPR-aligned DPA.
Security & Compliance
Security and privacy are top priorities.
Security Features
Certifications
- ISO 27001
- SOC 2
Data & Hosting
Data residency
US
Hosting
Site indicates 'access controls, data encryption, security certifications, and system audits.' DPA references APIs, incident response, subprocessor management, and SCCs/UK IDTA.
Retention & deletion
Customer data is retained for the duration of the Agreement plus 30 days, unless the customer instructs otherwise or retention is required by law.
Feature Scope
- End-to-end compensation management platform that automates spreadsheet-based comp work so HR and Comp professionals can be proactive and strategic
- Crowd-sourced global compensation data and benchmarking
- Pay strategy and ranges creation/management
- Merit and bonus cycle management
- Pay equity analysis and workflows
- Total rewards statements
- Headcount planning
- Intelligent offers (offer guidance aligned to strategy and market data)
- Compensation consulting practice (expert advisory services)
- Security: access controls, data encryption, security certifications, and system audits mentioned
Pricing hints: Calls-to-action include Try for Free and Request a Demo, suggesting a SaaS subscription with a free trial.
Security hints: Mentions access controls, data encryption, security certifications, and system audits.
Compliance hints: GDPR referenced in the footer.
Implementation hints: No timeline or onboarding details provided. Presence of Try for Free and Request a Demo suggests self-serve trial and assisted onboarding options.
Support hints: General CTAs include Let’s chat, Request a Demo.
- Compensation philosophy: Guided working sessions and a documented, scalable strategy aligned to company goals. - Pay range development: Salary and equity ranges by role and location that reflect the chosen compensation philosophy and market data. - Executive compensation: Tailored analysis and strategies for attracting, retaining, and engaging leadership talent. - Job leveling framework: Company‑wide leveling tied to values, customizable by function, including technical skills. - Competitive analysis: Market position and employee benchmarks across base, target total cash, and equity. - Equity modeling: Scenario modeling of cash/equity burn with strategies across valuation, eligibility, and equity targets. - Pay equity analysis: Findings by department, level, tenure, and demographics with actionable recommendations. - Incentive plan design: Program design, funding and payout mechanics, competitive targets by range and level. - Program design and roadmap: Action plans for ongoing programs like compensation planning and equity refreshes. - Data foundation: Access to continuously updated global compensation data verified from HRIS, equity management, and payroll systems via API syncs; advanced data verification. - Security posture (OpenComp platform handling comp data): Access controls, data encryption, security certifications, and system audits. - Compliance: GDPR reference in site footer. - Outcomes: Consistency and transparency across offers, merit/bonus cycles, and pay equity initiatives; improved trust and speed in comp decisions.
Security hints: Site states access controls, data encryption, security certifications, and system audits for comp data.
Compliance hints: GDPR referenced in footer.
Implementation hints: Described deliverables include guided conversations and documented strategies, tailored analyses, and program design.
Support hints: Contact via Request a Demo/See Our Services.
Integration hints: Consulting leverages the OpenComp platform’s data foundation, which sources first‑party pay data via regular API syncs from HRIS, payroll, and equity systems.
Features at a Glance
Compensation
- Salary bands
- Comp cycles
Analytics
- Dashboards
- Custom reports
Recruiting & ATS
- Offer management
Security & IT
- RBAC
- Data residency region
Compliance
- GDPR
- DPA available
Data & API
- API
- Data export
Core HR
- Positions
- Workflows
- Roles & permissions
Administration
- Audit trail
Mobile
- Responsive UI
Pricing Model
On request
Three product bundles are offered with “Try for Free” and “Request a Demo” calls to action, indicating a SaaS subscription with a free trial.
Implementation
Onboarding details not provided.
Support
Knowledge base (self-serve)
A comprehensive knowledge base is available.
Integrations
HRIS (generic connectors)
HRISConnect HR systems for benchmarking and employee census workflows.
Equity/Cap table systems (generic)
OtherConnect equity systems to support dilution forecasting and compensation benchmarking.
CSV/XLS import for salary ranges
OtherImport your own ranges; compare by base or total cash.
Employee census export/edit
OtherExport and re-import edited employee census data.
Third-party market data (BYOD)
OtherRoadmap capability to bring your own/3rd-party market data sources.
OpenComp Suite modules
OtherCross-suite connectivity with Pay Strategy & Ranges, Merit & Bonus Cycles, Pay Equity, Intelligent Offers.
HRIS data connections (unspecified)
HRISPlatform‑level connectors used across OpenComp; supports streamlined data ingestion for statements. No specific vendors named.
Equity/stock plan systems (unspecified)
OtherNo specific vendors named.
HRIS connections
HRISConnect HRIS to sync employee/job data for benchmarking.
Equity management systems
OtherConnect cap table/equity systems to model equity and dilution.
Third-party compensation data import
OtherImport external market data sets for triangulating market position.
External data source comparisons
OtherCompare OpenComp data against external/third-party data sources.
HRIS (various)
HRISThird-party compensation data sources
OtherIndicated ability to compare against external market data sources.
HRIS connectors
HRISConnect HRIS systems to sync employee and compensation data for merit/bonus cycles.
Equity/stock administration systems
OtherConnect equity systems to include equity data in compensation decisioning.
Third-party compensation market data providers
OtherSupport for external market/benchmark data sources to inform salary bands and adjustments.
HRIS systems (various)
HRISUsed to connect company data for benchmarking and comp workflows.
Equity management systems (various)
OtherConnect equity grant/holdings data for benchmarking and comp analysis.
OpenComp Global Compensation Data
OtherContinuously updated internal market dataset; available as an add-on.
Third‑party market data sources
OtherBenchmarking can use external data providers in addition to OpenComp data.
API syncs
APIRegular API-based data synchronization underpins the data foundation; no webhook or vendor specifics provided.
Payroll systems (various)
PayrollDirect API syncs used as first‑party data source for benchmarking.
Third‑party compensation datasets (import)
OtherImport for side‑by‑side benchmarking with OpenComp data.
Regular API syncs
APIOngoing API-based connectors keep benchmarks current.
