Compensation IQ vs OpenComp

Compensation IQ is a web platform for People teams handling job architecture, salary benchmarking, and EU Pay Transparency work. Its benchmarking data covers 5m+ companies, 80k+ job titles, 100+ countries, and 100+ industries, combining job postings, self-reported data, real-time customer data, and optional Mercer datasets. Job Architecture provides 14 levels, 3 tracks, 34 job families, 21,000+ titles, and 30+ external frameworks. Salary tools include precision filters, a salary-band builder, pay-review tools, and audit trails. The EU product generates Article 7 responses, seven Article 9 metrics, adjusted and unadjusted gender pay gaps, and Article 18 traceability records across all 27 EU Member States, with multi-country, language, and currency support. More than 50 HRIS integrations are listed, alongside CSV upload, API access, real-time refresh, job matching, and pay-equity analysis. Subscriptions include onboarding, training, customer success management, and UK business-hours help. Pricing starts at £2,500/yr.

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.