ERI Salary Assessor vs OpenComp

ERI Salary Assessor is a web-based compensation planning and benchmarking service with global wage, salary, and incentive data. ERI says it covers more than 19,600 positions across over 9,400 locations worldwide. Users can compare as many as 3,000 benchmark jobs or examine one position across up to 3,000 locations. Calculations can reflect geography, industry, organization size, planning date, skills, education, certifications, direct oversight, and shift work. A hybrid job can combine and weight up to nine component positions. Results can be ranked, sorted, saved, and exported to PDF, with database updates described as twice each quarter. The service supports job matching, pay equity analysis, and HRIS synchronization through API or SFTP with listed systems including ADP, BambooHR, Dayforce, Paychex, SAP SuccessFactors, and UKG. ERI states that it uses SOC 2 Type 2 controls, AES-256 encryption at rest, and TLS 1.2+ in transit.

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.