OpenComp vs Payscale Compensation Management
OpenComp
opencomp.comPayscale Compensation Management
payscale.comSide by side
| Figure | OpenComp | Payscale Compensation Management |
|---|---|---|
| Price from | Free | — |
| Free plan | Yes | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | — |
| API | Yes | — |
| Plans published | 4 | 6 |
| Spec score · Compensation Management Software | 8.3 (#2) | 7.3 (#14) |
| Benchmarking | AI-assisted matching and normalization compares employee compensation with OpenComp or imported third-party data. | The pricing page lists Explore and Smart Price for finding compensation data and producing AI-assisted pricing insights. |
| Integrations | OpenComp says it supports connections with more than 30 HRIS products and can also accept CSV employee uploads. | Payscale lists HRIS integrations and names Oracle, SAP SuccessFactors, Gusto, Humi, Paylocity, ADP, BambooHR, UKG, Remote, Namely, and Dayforce as API integration partners. |
| Intended users | The company says it automates spreadsheet-based compensation work to help HR professionals become proactive and strategic about pay. | Payscale identifies compensation professionals, HR professionals, executive leadership, and talent acquisition as audiences for its compensation planning solutions. |
| Pay equity | The platform analyzes compensation disparities by gender and ethnicity and tracks changes over time. | Payscale says its compensation planning tools include pay equity analysis to help identify and address gaps. |
| Security | OpenComp says it uses access controls, data encryption, security certifications and system audits to protect compensation data. | Payscale says its sub-processors are required to implement security measures to safeguard personal data and meet appropriate obligations. |
Plans
OpenComp
- Comp CyclesFree
- Comp BenchmarkingPriced on request
- Comp CyclesPriced on request
- Comp StrategyPriced on request
Payscale Compensation Management
- CorePriced on request
- CorePriced on request
- ElitePriced on request
- ElitePriced on request
- PremierPriced on request
- PremierPriced 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.
Payscale Compensation Management
Payscale Compensation Management has no write-up on Specifiction yet; its figures are above.