Aeqium vs OpenComp
Aeqium
aeqium.com
OpenComp
opencomp.comSide by side
| Figure | Aeqium | OpenComp |
|---|---|---|
| Price from | — | Free |
| Free plan | — | Yes |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| API | — | Yes |
| Plans published | 1 | 4 |
| Spec score · Compensation Management Software | 7.3 (#10) | 8.3 (#2) |
| Spec score · Compensation Planning Software | 7.3 (#10) | 8.3 (#2) |
| Spec score · Pay Transparency Software | 7.3 (#26) | 8.3 (#6) |
| Headquarters | San Francisco, California, United States | Crunchbase lists headquarters in San Francisco, California, United States. |
| Integrations | Aeqium says it integrates with HRIS, equity management, ATS, performance management, and salary benchmark sources, and accepts custom data via CSV. | OpenComp says it supports connections with more than 30 HRIS products and can also accept CSV employee uploads. |
| Security | Aeqium says it maintains AICPA SOC 2 Type 2 certification and undergoes regular external audits and penetration tests. | OpenComp says it uses access controls, data encryption, security certifications and system audits to protect compensation data. |
| What it does | Aeqium is a compensation planning platform for managing compensation cycles, salary bands, and analytics. | OpenComp is compensation decision software covering pay data, benchmarking, planning and compensation workflows. |
Plans
OpenComp
- Comp CyclesFree
- Comp BenchmarkingPriced on request
- Comp CyclesPriced on request
- Comp StrategyPriced on request
In their own words
OpenComp
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.