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What is PayParity?

Individuals seeking employment and investors are increasingly focusing on a company's commitment to diversity, equity, and inclusion initiatives. To safeguard your reputation and reduce the likelihood of legal disputes, it is crucial to emphasize transparency and establish robust action plans that lead to meaningful advancements. We provide a holistic DEI strategy that combines expert human insight with sophisticated tracking and analytics capabilities for ongoing assessment. Our pay equity software, paired with DEI supervision, lowers risks while encouraging a progressive approach to achieving your DEI goals. Furthermore, this all-inclusive solution not only aids in regulatory compliance but also significantly improves the overall culture within the workplace, fostering an environment where everyone feels valued and included. By prioritizing these efforts, companies can create a more equitable and dynamic workforce.

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.

Media

Media

Integrations Supported

Payfederate
SAP Store

Integrations Supported

API Availability

API Availability

Pricing Information

$39.00/month

Pricing Information

$9 per user per month
Free Version

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

24 Hour Support
Web-Based Support

Training Options

Online Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Trusaic

Date Founded

1999

Company Location

United States

Company Website

trusaic.com/payparity/

Company Facts

Organization Name

OpenComp

Date Founded

2021

Company Location

United States

Company Website

www.opencomp.com

Categories and Features

Compliance

Not specified

HR Compliance

Not specified

Pay Equity

Not specified

Categories and Features

Pay Equity

Not specified

Salary Benchmarking

Not specified

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