Engineering Candidates Most Often Decline Job Offers Due to Low Base Salary, OpenComp Research Finds

By OpenComp, Jun 15, 2022 5:56:13 AM

In a Survey of 500 High-Growth Engineering Leaders and Hiring Managers, Competitive Compensation Matters Most in the Search for Top Engineering Talent, Even During a Recession

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OpenComp Appoints Veteran Philanthropic Advisor Emily Sweet as VP of Social Impact to Formalize Company’s Commitment as a Social Enterprise

By OpenComp, Jun 7, 2022 9:03:10 AM

This new role will institutionalize responsible business into the fabric of the organization, champion progress toward equitable workplaces in the startup community and beyond.

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New Tech Coalition Sets Equal Pay Moonshot to Close the Gender Pay Gap

By OpenComp, Mar 15, 2022 6:00:00 AM

Organizations for Pay Equity Now - or OPEN Imperative - is a coalition of high-growth companies and influencers working to eliminate the gender pay gap.

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Startup Challenges to Gender Pay Equity Revealed

By OpenComp, Mar 15, 2022 5:55:00 AM

Study uncovers a significant tension in the way of pay equity progress. Pay equity is a top priority but CEOs say they lack resources to address it.

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OpenComp Closes $20M in Series A Funding

By OpenComp, Feb 24, 2022 5:00:00 AM

OpenComp, a leading provider in compensation intelligence solutions, today announced it has closed $20 million in Series A funding, led by K5 Global and J.P. Morgan, with returning investor TIME Ventures.

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Forbes: It’s 2022. Is Your Startup’s Compensation Plan Ready?

By OpenComp, Feb 18, 2022 10:00:00 AM

There’s a seismic shift happening in how founders and business leaders think about compensation, especially in the startup world, where compensation has been a blackbox for too long.

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Protocol: How to avoid layoffs: One executive's hiring plan

By OpenComp, Feb 14, 2022 10:45:00 AM

Peloton laid off almost 3,000 employees after demand plummeted. The layoffs mirror the path of many startups that grow quickly, and then scale back.

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OpenComp Announces New HRIS Integrations

By OpenComp, Jan 27, 2022 12:45:00 PM

OpenComp has announced a new set of API integrations with HRIS software to automate and support employers with the most timely compensation intelligence.

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Thrive Global: Skills-based Employment and Training Will Gain Value

By OpenComp, Nov 23, 2021 5:00:00 PM

"The idea of fixed roles is changing. If you can better understand your current talent and their potential, you can assign employees to new jobs as needed or upskill employees to fit a new need."

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Insider: There's a Battle Brewing Over Salaries for Remote Workers

By OpenComp, Nov 23, 2021 4:45:00 PM

OpenComp customers Reddit and mmhmm are pioneering compensation. Companies like these are reshaping the future of work. Read the full article from Insider here.

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Fast Company: An Easy Fix for the Great Resignation? Pay Transparency

By OpenComp, Nov 23, 2021 4:30:00 PM

If you’re not transparent about salaries, employees are more likely to leave. Those who stay are more likely to think they’re underpaid even if they aren’t. New software can help make pay transparency easier.

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Protocol: Want to Hire and Retain Tech Workers? Give Them Salary Calculators.

By OpenComp, Nov 23, 2021 4:30:00 PM

Tech companies are experimenting with a new form of pay transparency: giving employees the ability to factor what determines their salaries. OpenComp CEO and founder Thanh Nguyen shares details on pay transparency and "interactive offer letters."

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Authority Magazine: 5 Urgent Trends Shaping The Future Of Work

By OpenComp, Nov 23, 2021 4:30:00 PM

There have been major disruptions in recent years that promise to change the very nature of work. From the ongoing shifts caused by the COVID19 pandemic, the impacts caused by automation, and other possible disruptions to the status quo, many wonder what the future holds in terms of employment.

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Crunchbase: OpenComp Closes $4.6M Seed To Help Companies Figure Out Pay

By OpenComp, Nov 23, 2021 4:15:00 PM

San Francisco-based OpenComp secured a $4.6 million seed round at a $30 million valuation as it hopes to help startups get employee compensation right.

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Understanding Pay Equity - Accelerate Your Organization to the Next Level

By OpenComp, Nov 18, 2021 9:49:00 PM

Understanding pay equity is the difference between companies that really accelerate — and organizations that disappear. Get the details here.

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HR Dive: 7 Steps to Get Hybrid Compensation Planning Right

By OpenComp, Nov 18, 2021 10:15:00 AM

Research shows only three out of 10 companies have a clear hybrid plan in place. So how can struggling leaders — especially those at startups — move forward confidently?

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TechCrunch: 4 Common Mistakes Startups Make When Setting Compensation for Remote Employees

By OpenComp, Nov 17, 2021 9:52:00 AM

Avoid these 4 common mistakes startups make when setting compensation for remote employees. From using sub-par data, and more.

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