OpenComp

Know what it feels like to get pay right.

by OpenComp · Compensation & Benefits

OpenComp screenshot

Executive Summary

OpenComp is compensation management software that its website describes as an end-to-end suite of tools for planning, analyzing and managing employee pay. It covers global comp data, benchmarking, merit and bonus cycles, pay strategy and ranges, pay equity, total rewards statements, headcount planning and job offers. It is designed for HR leaders, compensation analysts and heads of total rewards, and its benchmarking uses AI and ML-powered matching and normalization.

Use Cases

  • Benchmark pay against OpenComp's global comp data or a third-party source
  • Run merit and bonus cycles with budgets, eligibility criteria and approval workflows
  • Build salary ranges that balance cash and equity and apply a consistent compensation philosophy
  • Uncover pay gaps across gender, ethnicity or other demographics
  • Model hiring plans and budgets, including payroll expenses, burn rate and equity dilution
  • See ranges, peer data and past offers when making an offer, and automate offer approvals

Features

Visibility

  • Global Compensation Data: Global Compensation Data: Use of compensation management software to access global compensation data and make informed pay decisions .
  • Real-time Benchmarking: Actionable data, crowd-sourced in real time straight from our customers’ HRIS systems. Matched and leveled to allow benchmarking that’s truly apples-to-apples with your roles.
  • Compensation Benchmarking Software: Benchmark every role against live market data by level, location, and function in under 30 seconds.
  • Compensation Benchmarking: Our compensation benchmarking software easily connects with your HRIS and allows you to compare your company’s pay against the market – whether using OpenComp’s rich database or importing third-party survey data.

Intelligence

  • AI/ML-Powered Matching & Normalization: With AI and ML-powered matching and normalization, compensation benchmarking that once took weeks happens instantly , allowing you to stay agile and competitive.
  • Intelligent Offer Management: Automate Job Offer Letters | Intelligent Offers by OpenComp

Support

  • Total Rewards Statements: OpenComp’s total rewards management tools let you generate personalized total rewards statements that show employees exactly how valued they are.
  • Compensation Consulting Practice: Compensation Consulting Practice: OpenComp’s Compensation Consulting Practice brings decades of expertise to help you develop and implement effective compensation strategies .

Technical Specifications

Architecture
Cloud-native SaaS
Deployment
Cloud/SaaS

AI/ML Stack

  • Machine Learning
  • NLP
  • AI-powered benchmarking that normalizes, levels and matches company data

Integrations

  • Workday
  • BambooHR
  • Greenhouse
  • Lever

Security & Compliance

Certifications: CCPA (logo), GDPR (logo), AICPA (logo)

Data Residency: Cloud-based

Pricing

Model
Tiered subscription
Target Customer
SMB to Mid-Market (up to 1,500 employees)

About OpenComp

OpenComp is a B2B software company that provides compensation intelligence solutions through a cloud-based platform. Their main products and services include real-time compensation benchmarking, cross-organization compensation analysis, pay equity evaluation tools, and management of merit cycles and salary ranges. They target high-growth companies and organizations up to 1,500 employees, enabling them to make strategic, objective, and transparent pay decisions.

Founded: 2021 · Headquarters: Denver, Colorado, United States · Employees: 51-200 · Private

Verified sources

Each of these facts was checked against the vendor page linked (2026-10-15).

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