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OpenComp

opencomp.com

Free plan WebAPI
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Spec score 8.2 #2 of 30 in Salary Benchmarking Software

What it is

OpenComp is compensation decision software for setting pay and managing compensation workflows. It brings together salary, bonus and equity market information for roles across an organization with company pay data synced regularly from HRIS, equity management and payroll systems. Benchmarking can compare pay plans with OpenComp data or a third-party source; its matching process normalizes, levels and matches employee data for comparable benchmarks. The platform includes salary review and approval workflows, budget controls, compensation bands and an audit trail. Headcount models estimate future cash burn and dilution using staffing needs, pay strategy and industry benchmarks. Total Rewards Statements can show employees salary, bonuses, equity and merit increases in a visual report. OpenComp lists Comp Benchmarking, Comp Strategy and Comp Cycles bundles. Comp Cycles is listed at free; paid pricing is on request, with a 14-day trial. The product runs on the web.

Spec sheet

What it does
OpenComp is compensation decision software covering pay data, benchmarking, planning and compensation workflows.Read 14 Oct 2026 · opencomp.com
Product
OpenComp describes its product as compensation decision software for pay decisions and compensation workflows.Read 7 Oct 2026 · opencomp.com
Intended users
The company says it automates spreadsheet-based compensation work to help HR professionals become proactive and strategic about pay.Read 7 Oct 2026 · opencomp.com
Trial
The signup page offers a 14 day free trial.Read 7 Oct 2026 · opencomp.com
Integrations
OpenComp says it supports connections with more than 30 HRIS products and can also accept CSV employee uploads.Read 14 Oct 2026 · success.opencomp.com
Security
OpenComp says it uses access controls, data encryption, security certifications and system audits to protect compensation data.Read 7 Oct 2026 · opencomp.com
Headquarters
Crunchbase lists headquarters in San Francisco, California, United States.Read 14 Oct 2026 · crunchbase.com
Founded
Crunchbase states that Thanh Nguyen and Nancy Connery founded OpenComp in 2021.Read 14 Oct 2026 · crunchbase.com
Account setup
Users can register a free account, create a company profile and add employees through an HRIS connection or CSV.Read 14 Oct 2026 · success.opencomp.com
API synchronization
Official product pages describe real-time or regular API synchronization from HRIS, equity-management and payroll systems.Read 14 Oct 2026 · opencomp.com
Benchmark matching
OpenComp says its AI-powered process normalizes, levels and matches employee data for apples-to-apples benchmarking.Read 7 Oct 2026 · opencomp.com
Benchmarking
AI-assisted matching and normalization compares employee compensation with OpenComp or imported third-party data.Read 14 Oct 2026 · opencomp.com
Company legal name
Crunchbase lists the legal name as OpenComp, Inc. and operating status as active.Read 14 Oct 2026 · crunchbase.com
Company size
LinkedIn lists OpenComp as having 51–200 employees and headquarters in Denver, Colorado.Read 14 Oct 2026 · linkedin.com
Consulting
OpenComp offers consulting for compensation philosophy, leveling, executive pay, incentive plans and pay-equity audits.Read 14 Oct 2026 · opencomp.com
Customers claimed
Crunchbase says more than 2,000 companies use OpenComp, naming Calm, DataRobot, Discord, Figma, Medium, Mux and Reddit among users.Read 14 Oct 2026 · crunchbase.com
Data sourcing
OpenComp says first-party pay data comes from HRIS, equity management and payroll systems through regular API syncs.Read 7 Oct 2026 · opencomp.com
Documentation
The knowledge base contains setup, HRIS connection, product guides, scenario settings, market data, ranges, merit cycles, headcount planning and DEI sections.Read 14 Oct 2026 · success.opencomp.com
Funding
Crunchbase states that OpenComp raised $24 million in venture capital from J.P. Morgan, TIME Ventures, 8VC and others.Read 14 Oct 2026 · crunchbase.com
Global compensation data
The service provides continuously updated salary, bonus and equity benchmarks by role and region.Read 14 Oct 2026 · opencomp.com
Headcount planning
Scenario models estimate how hires, levels and dates affect expenses, burn and equity dilution over time.Read 14 Oct 2026 · opencomp.com
Intelligent offers
Offer tooling shows recommended ranges, peer data and prior offers, then tracks approvals and creates interactive letters.Read 14 Oct 2026 · opencomp.com
Licence
The terms prohibit modifying, reverse engineering, redistributing or sublicensing the service, indicating proprietary software rather than open source.Read 14 Oct 2026 · opencomp.com
Limit: accuracy complaint
One G2 reviewer reported inaccurate or duplicated job data, title-only search and needing external cross-checking.Read 14 Oct 2026 · g2.com
Limit: data coverage
Reviewers report missing or weak benchmark data for specialized, niche, nonprofit, international and some industry-specific roles.Read 14 Oct 2026 · softwarefinder.com
Limit: filtering
A reviewer wanted filters by company size or industry because suggested ranges could be too high for smaller firms.Read 14 Oct 2026 · softwarefinder.com
Limit: job matching
Reviewers mention missing titles, inability to merge positions or create hybrid roles, and limited ways to benchmark all roles at once.Read 14 Oct 2026 · g2.com
Merit and bonus cycles
Cycles support budgets, eligibility rules, approval workflows, progress tracking and employee letters.Read 14 Oct 2026 · opencomp.com
Pay equity
The platform analyzes compensation disparities by gender and ethnicity and tracks changes over time.Read 14 Oct 2026 · opencomp.com
Pay strategy
Users can define salary ranges by location and role, balancing cash, equity and remote-pay policies.Read 14 Oct 2026 · opencomp.com
Plan bundles
The pricing page lists Comp Benchmarking, Comp Strategy and Comp Cycles as its three product bundles.Read 7 Oct 2026 · opencomp.com
Praise: automation
Reviewers value HRIS syncing, automatic data updates and reduced spreadsheet or manual-entry work.Read 14 Oct 2026 · softwarefinder.com
Praise: support
Reviewers commonly praise responsive, knowledgeable support and quick help from customer-success staff.Read 14 Oct 2026 · softwarefinder.com
Praise: usability
Independent reviewers repeatedly describe the interface as easy to use, intuitive and simple to navigate.Read 14 Oct 2026 · softwarefinder.com
Rating on G2
4.6 out of 5 from 32 reviewsRead 14 Oct 2026 · g2.com
Rating on Software Finder
4.9 out of 5 from 17 reviewsRead 14 Oct 2026 · softwarefinder.com
Security claims
OpenComp advertises access controls, encryption, security certifications and system audits, with CCPA, GDPR and AICPA badges.Read 14 Oct 2026 · opencomp.com
Security terms
Its terms describe commercially reasonable industry-standard safeguards but disclaim guaranteeing that unauthorized access can never occur.Read 14 Oct 2026 · opencomp.com
Service status
The status page reported all services online, with 99.996% app uptime and 100% API uptime over the displayed 30-day period.Read 14 Oct 2026 · status.opencomp.com
Support and onboarding
A customer testimonial on the trial page describes the support team as great and onboarding as smooth.Read 7 Oct 2026 · opencomp.com
Total rewards
Total Rewards Statements can show salary, bonuses, equity and merit increases in a visual report for employees.Read 7 Oct 2026 · opencomp.com
Total rewards statements
Users can generate visual statements covering salary, bonuses, equity, benefits and changes over time.Read 14 Oct 2026 · opencomp.com

Plans and prices

Comp Cycles Free Global Comp Data · Benchmarking · Pay Equity · Pay Strategy and ranges · Headcount Planning · Total Rewards statements · Merit increases · Intelligent Offers · Advisory services add-on Read 7 Oct 2026 · opencomp.com
Comp Benchmarking Priced on request Global Comp Data · Benchmarking · Pay Equity Read 14 Oct 2026 · opencomp.com
Comp Cycles Priced on request Global Comp Data · Benchmarking · Pay Equity · Pay Strategy and Ranges · Headcount Planning · Total Rewards Statements · Merit Increases · Intelligent Offers · Advisory Services add-on Read 14 Oct 2026 · opencomp.com
Comp Strategy Priced on request Global Comp Data · Benchmarking · Pay Equity · Pay Strategy and Ranges · Headcount Planning · Total Rewards Statements · Merit Increases · Intelligent Offers · Advisory Services add-on Read 14 Oct 2026 · opencomp.com

Every OpenComp plan and price →

Strong points and limits

Strong points

  • Regular pay-data syncs from HRIS, equity and payroll systems
  • Benchmarking can use OpenComp data or a third-party source
  • Includes salary review and approval workflows
  • Headcount models estimate cash burn and dilution

Limits

  • Runs on web only
  • Paid pricing is available on request

Who it suits

OpenComp suits HR professionals managing pay decisions, benchmarking or compensation workflows. Its headcount models and employee rewards statements may also suit organizations planning staffing costs and communicating compensation.

OpenComp in depth

Read the full write-up

OpenComp is compensation software for HR teams that need to connect market benchmarks to pay decisions and recurring compensation work. It is strongest for organizations managing planning and employee pay processes together; buyers seeking only a benchmark feed may find its wider scope unnecessary.

Overview

OpenComp brings compensation data and decision workflows into a web-based product. It can sync first-party pay data from HRIS, equity management and payroll systems, then compare company pay plans against its global data or a third-party source. Its matching process normalizes, levels and matches employee data to support more comparable benchmarks.

The platform also covers salary reviews, approvals, budget controls, compensation bands and audit trails. That breadth gives HR teams a route to replace spreadsheet-based work with connected processes, though the fit depends on needing more than market data alone.

Key features

Benchmarking and planning

Salary, bonus and equity insights cover roles across an organization, and more than 30 HRIS integrations provide potential routes into existing people systems. Headcount models use staffing needs, pay strategy and industry benchmarks to estimate cash burn and dilution. This makes OpenComp relevant to teams weighing compensation decisions alongside hiring plans, not just setting salary ranges.

Pay workflows and employee communication

Salary review and approval workflows, budget controls, compensation bands and audit trails support the steps between analysis and a recorded pay decision. Total Rewards Statements can present salary, bonuses, equity and merit increases in a visual employee report. The feature set is broad, but organizations needing only a lightweight benchmarking tool may be paying—in process complexity as well as price—for capabilities they will not use.

OpenComp says it protects compensation data with access controls, encryption, security certifications and system audits. Its signup page offers a 14-day trial; a customer testimonial describes onboarding as smooth and the support team positively, though that is an individual account rather than a guarantee.

Pricing

OpenComp is paid software with pricing on request. Its page groups the product into three bundles; only Comp Cycles has a stated price, at free. The trial lasts 14 days.

BundlePriceIncludesBest fitComp BenchmarkingCustom pricingGlobal Comp Data, Benchmarking and Pay EquityTeams focused on market comparisons and equity analysis.Comp StrategyCustom pricingGlobal Comp Data, Benchmarking, Pay Equity, Pay Strategy and ranges, Headcount Planning, Total Rewards statements, Merit increases and Advisory services add-onOrganizations linking benchmarks to compensation planning and employee communications.Comp CyclesfreeGlobal Comp Data, Benchmarking, Pay Equity, Pay Strategy and ranges, Headcount Planning, Total Rewards statements, Merit increases, Intelligent Offers and Advisory services add-onTeams that need the broadest stated bundle of cycle-oriented capabilities.The bundle descriptions make Comp Benchmarking the narrowest option and Comp Strategy a broader planning package; Comp Cycles adds Intelligent Offers. The free price for Comp Cycles is striking beside the paid pricing model, so buyers should confirm the commercial terms directly before treating it as a no-cost ongoing plan. No seat or usage caps are stated for these bundles.

Platforms

OpenComp runs on the web. That suits teams working from desktop browsers, but it does not offer a listed mobile platform for compensation work on the move.

Who it's for

OpenComp best fits HR and compensation teams that want market data, pay planning and review workflows in one system, particularly those moving away from spreadsheet-based processes. Its integrations and headcount models may also suit organizations that need to connect pay decisions with HR systems and hiring forecasts. A buyer interested only in a narrow data subscription should compare simpler benchmark-focused options.

Pros and cons

Pros: Benchmarking can use OpenComp data or a third-party source, giving teams a choice of inputs.

Pros: More than 30 HRIS integrations and regular syncs from HRIS, equity and payroll systems support connected compensation data.

Pros: Planning, workflows, controls and employee statements span more of the compensation process than benchmarking alone.

Cons: Most bundle prices are custom, so buyers must request pricing to compare costs.

Cons: Web-only availability rules out a listed native mobile experience.

Cons: Teams needing only market benchmarks may find the wider workflow scope unnecessary.

Alternatives

For a narrower data choice, Comprehensive offers free access to its full anonymized dataset after contributing compensation data through its survey, alongside a paid compensation management plan. Pave Market Data has free U.S. and one-additional-market benchmarks for startups with 1–200 employees, while its Pro plan offers global benchmarks; that may be a better match for startups seeking market data rather than the full workflow scope.

Compose by Decusoft is another paid compensation option, with Android, iOS and web platforms and demo-based access. SimplyMerit is paid web software with a free trial. CompUp supports API and web access, while Qommet is web-based. UKG Pro Compensation uses custom enterprise quotes and supports Android, iOS and web. beqom PaySuite is a paid API and web product with demo-based pricing.

Readers comparing categories can also browse Compensation Management Software, Salary Benchmarking Software and Pay Transparency Software.

Verdict

Choose OpenComp if your HR team needs one web platform to connect compensation benchmarks with planning, pay cycles and employee statements. Its breadth is the main reason to choose it; custom pricing across most bundles is the main reason to pause and compare, especially if benchmarking is all you need.

Verdict

OpenComp combines compensation data, benchmarking and pay workflows with planning and employee statement tools. Check the available bundle and request pricing details to determine whether its scope fits your compensation process.

Where Specifiction places it

Alternatives to OpenCompAll alternatives →