How OpenComp unlocks dormant data with insights & tools everyone loves
Businesses have been forced to make suboptimal decisions about compensation until now because of stale data, siloed spreadsheets, and manual processes. You need real-time insight that’s relevant to your specific organization and reflects the millions of comp decisions made every day.
A foundation for excellence
An unparalleled data normalization & activation process
Our machine learning doesn’t compare dissimilar jobs just because they have the same title.
Our intelligence platform integrates daily with HRIS and equity management systems.
Managers, employees, and candidates love using tools that unlock compensation insights at the point of every decision.
OpenComp’s data imports continuously via our thousands of customers’ HRIS and equity management integrations. While other comp providers compare dissimilar jobs simply because they have the same title, the OpenComp compensation intelligence platform uses machine learning methods to calibrate job roles and levels. This automated process ensures job matches are 100% on point, and compensation experts review the data set continuously, applying regression analysis and best practices to ensure market data is logical across all job families and levels.
The OpenComp compensation intelligence platform is unparalleled in data freshness, accuracy, and specificity. You can literally parse information by company size, industry, funding stage, and more.
Although traditional providers offer comp data and benchmarks up to two years old, OpenComp's HRIS integrations keep information up to date in near-real time — and our integrated system auto-populates all programs. That means you can trust that your pay ranges, modeled scenarios, and headcount plans reflect the latest market trends.
Data without action is useless, and even the world’s best compensation plans can’t deliver without effective activation in the field. OpenComp’s secret sauce is bringing compensation data to life in plan design and activation across the full employee lifecycle.
That’s why our Compensation Design Studio is built on Market Pulse, so you can design the most competitive and fair compensation programs possible, while balancing burn & dilution priorities. Everything comes to life via the Activation Hub, which surfaces exactly the right compensation insights at the point of every decision in the field.
Proudly leading the way in compensation intelligence
Frequently asked questions
OpenComp data comes directly from our thousands of customers.
We do not buy outside data, and unlike many other providers, we do not utilize surveys that usually have out-of-date and inaccurately reported compensation data.
The OpenComp data set is unmatched in its specificity to small and medium businesses. Every input undergoes rigorous vetting from a team of compensation experts.
Our data set represents small and medium businesses. When you use OpenComp, you can be sure that you are building a compensation strategy that's as competitive as possible with companies like yours.
Unlike traditional compensation data providers that update annually, our benchmarks are refreshed on an ongoing basis, giving you access to a perfect blend of up-to-date information and data accuracy.
We integrate with 20+ HRIS and equity management providers to automate compensation data entry and update your data and insights daily. This ensures you have the most timely compensation intelligence at your fingertips to conserve cash, ensure pay equity, and keep high performers.
All of our benchmarks are statistically significant and accurate. We do not report locations where we cannot guarantee statistical significance and accuracy.
OpenComp integrates with 20+ HRIS and equity management providers. Simply access your admin console, click on the Sync Employees tab, and select your provider. The system will guide your integration process from there.