Incentiv vs OpenComp
Incentiv
incentiv.co
OpenComp
opencomp.comSide by side
| Figure | Incentiv | OpenComp |
|---|---|---|
| Price from | — | Free |
| Free plan | — | Yes |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| API | Yes | Yes |
| Plans published | 0 | 4 |
| Spec score · Salary Benchmarking Software | 7.4 (#14) | 8.2 (#2) |
| Data sourcing | Incentiv says its benchmark data comes directly from private companies and is aggregated, with no surveys or third parties. | OpenComp says first-party pay data comes from HRIS, equity management and payroll systems through regular API syncs. |
| Headquarters | New York, New York, United States | Crunchbase lists headquarters in San Francisco, California, United States. |
| Integrations | Incentiv says it offers more than 200 source system integrations. | OpenComp says it supports connections with more than 30 HRIS products and can also accept CSV employee uploads. |
| Intended users | Incentiv serves investment firms and private companies of all stages, and covers senior executives as each customer defines them. | The company says it automates spreadsheet-based compensation work to help HR professionals become proactive and strategic about pay. |
| Product | Incentiv is a talent management platform purpose-built for private equity, with benchmarks from portfolio companies. | OpenComp describes its product as compensation decision software for pay decisions and compensation workflows. |
| Security | The maker says data is encrypted in transit with 256-bit TLS and at rest with AES-256 or higher, and that it conducts bi-annual penetration tests. | OpenComp says it uses access controls, data encryption, security certifications and system audits to protect compensation data. |
Plans
OpenComp
- Comp CyclesFree
- Comp BenchmarkingPriced on request
- Comp CyclesPriced on request
- Comp StrategyPriced on request
In their own words
Incentiv
Incentiv is a talent management platform for private equity, available through web and API access. It provides separate solutions for investment firms and private companies, serving firms of all stages worldwide and covering senior executives as each customer defines them. Its verified compensation dataset includes more than 10,000 executives and tracks more than 50 compensation elements per executive. Benchmarks include base salary, bonuses, on-target earnings, equity grants, and new-hire employment terms. Tools cover executive compensation benchmarking, bonus pools, management incentive plans, succession planning, talent development, and diversity measurement. Incentiv says data comes directly from private companies through more than 200 source integrations, with real-time refresh. Benchmark information is aggregated and de-identified. Customers can submit data through Box, Google Drive, AWS SFTP, SharePoint, or Teams. Security measures include encryption, multi-factor authentication, and stated SOC 2, GDPR, and CCPA commitments. Pricing is on request.
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.