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What is OpenComp?

Evaluate how your company's pay structures align with what is typical in your industry. We help identify market costs while formulating strategic plans to keep you competitive. Ensuring pay equity across your organization is essential. OpenComp can reveal inconsistencies in pay equity concerning gender and ethnicity, allowing you to quickly address and correct these imbalances. Formulate diverse growth strategies for the future while forecasting cash and equity spending for each potential scenario. Apply accurate location models to ensure compensation is aligned properly. OpenComp aids in adapting your compensation philosophy as teams become more geographically diverse. Design fair job offers and assess compensation requests from potential hires by directly comparing them to market standards. Gain access to regularly updated market data from various reliable sources. Our intuitive tools enable you to implement your compensation strategies seamlessly. Additionally, you will receive analytics and insights that track the success of your compensation programs and spot trends, ensuring a proactive stance in your strategy. This thorough examination not only supports maintaining competitiveness but also cultivates an equitable work environment for all employees, which is vital for long-term success. By fostering transparency and fairness in compensation, you can build a stronger workforce committed to your organization’s goals.

What is CompAnalyst?

Make informed compensation choices driven by data. CompAnalyst enhances the effectiveness of compensation strategies by streamlining workflows and offering tailored recommendations. This comprehensive compensation platform is suitable for businesses of all sizes. With CompAnalyst, organizations can make intelligent pay decisions at every stage of the employee experience. To ensure unmatched pricing precision, utilize the most up-to-date compensation data available in the industry. Easily evaluate pay competitiveness, automate market pricing, and participate in surveys with a simple click. By integrating internal company metrics with external market data, you can achieve a holistic analysis and detailed reporting.

Media

Media

Integrations Supported

Integrations Supported

ADP Workforce Now
BambooHR
Dayforce
Salary.com
UKG Pro
UKG Ready

API Availability

API Availability

Pricing Information

$9 per user per month
Free Version

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub
Online Training
On-Site Training

Company Facts

Organization Name

OpenComp

Date Founded

2021

Company Location

United States

Company Website

www.opencomp.com

Company Facts

Organization Name

Salary.com

Date Founded

1999

Company Location

United States

Company Website

www.salary.com/companalyst/

Categories and Features

Pay Equity

Not specified

Salary Benchmarking

Not specified

Categories and Features

Compensation Management

Bonus Management
Compensation Assessment
Compensation Plan Modeling
Compensation Statements
Incentive Programs
Salary Planning

Pay Equity

Not specified

Salary Benchmarking

Not specified

Succession Planning

Not specified

Talent Management

Compensation Management
Job Description Management

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