OpenComp vs Payfederate
OpenComp
opencomp.com
Payfederate
payfederate.aiSide by side
| Figure | OpenComp | Payfederate |
|---|---|---|
| Price from | Free | $600/mo |
| Free plan | Yes | — |
| Free trial | Yes | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | — | Yes |
| Android | — | Yes |
| API | Yes | Yes |
| Plans published | 4 | 7 |
| Spec score · Pay Transparency Software | 8.3 (#6) | 8.7 (#1) |
| Headquarters | Crunchbase lists headquarters in San Francisco, California, United States. | The site lists its address as 95 3rd St, 2nd Floor, San Francisco, CA 94103, United States. |
| Integrations | OpenComp says it supports connections with more than 30 HRIS products and can also accept CSV employee uploads. | Payfederate connects employee HR systems, recruiting systems and market-data providers through APIs or file ingestion. |
| Licence | The terms prohibit modifying, reverse engineering, redistributing or sublicensing the service, indicating proprietary software rather than open source. | Terms grant customers a non-exclusive, non-transferable internal-use licence and prohibit reverse engineering, resale and derivative works. |
| Product | OpenComp describes its product as compensation decision software for pay decisions and compensation workflows. | Payfederate describes itself as an AI-powered compensation platform for job pricing, salary ranges, pay communications, and job offers. |
| Rating on G2 | 4.6 out of 5 from 32 reviews | 4.9 out of 5 from 12 reviews. |
| Security | OpenComp says it uses access controls, data encryption, security certifications and system audits to protect compensation data. | The site states that Payfederate is SOC 2 certified and offers end-to-end encryption, multi-factor authentication, and SSO. |
| Total rewards | Total Rewards Statements can show salary, bonuses, equity and merit increases in a visual report for employees. | Employee statements can show base pay, short-term incentives, long-term incentives, benefits and the employee’s position in the structure. |
| Trial | The signup page offers a 14 day free trial. | The platform page advertises a 30-day free trial, no credit card required, and setup in minutes. |
| What it does | OpenComp is compensation decision software covering pay data, benchmarking, planning and compensation workflows. | Payfederate is an AI compensation platform for job pricing, salary ranges, pay communications and job offers. |
Plans
OpenComp
- Comp CyclesFree
- Comp BenchmarkingPriced on request
- Comp CyclesPriced on request
- Comp StrategyPriced on request
Payfederate
- Basic$600 a month
- Basic$600 a month
- Consulting Edition Tier IPriced on request
- Consulting Edition Tier IIPriced on request
- Consulting Edition Tier IIIPriced on request
- EnterprisePriced on request
- GrowthPriced 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.
Payfederate
Payfederate is an AI-powered compensation platform for pricing jobs, setting salary ranges, communicating pay, and managing offers. It can combine selected survey data with current job-posting data to support market pricing. Job tools include a catalog, job creation and editing, audit tracking, and reports; AI matching examines job content, skills, responsibilities, and requirements to recommend market matches. Compensation teams can create salary ranges and grade structures and model the financial impact of changes. Employee statements can show base salary, short- and long-term incentives, and benefits. Offer workflows provide salary range and internal-equity visibility for hiring managers, compensation teams, finance, and recruiters. Payfederate says it integrates with benchmarking providers, recruiting software, and HRIS, HCM, and payroll systems; named partners include Salary.com CompAnalyst, WageScape, and Trusaic. It states that it is SOC 2 certified and offers end-to-end encryption, multi-factor authentication, and SSO. The advertised trial lasts 30 days and requires no credit card. Basic costs $600 a month and supports up to 500 employees; API data connectors cost extra.