OpenComp vs Payscale Salary Benchmarking
OpenComp
opencomp.comPayscale Salary Benchmarking
payscale.comSide by side
| Figure | OpenComp | Payscale Salary Benchmarking |
|---|---|---|
| Price from | Free | — |
| Free plan | Yes | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| API | Yes | — |
| Plans published | 4 | 3 |
| Spec score · Salary Benchmarking Software | 8.2 (#2) | 6.7 (#26) |
| Founded | Crunchbase states that Thanh Nguyen and Nancy Connery founded OpenComp in 2021. | 2002 |
| Headquarters | Crunchbase lists headquarters in San Francisco, California, United States. | Seattle, Washington, United States |
| Integrations | OpenComp says it supports connections with more than 30 HRIS products and can also accept CSV employee uploads. | Payscale advertises 14 HRIS API integrations, and its plans list one-way sFTP/API integration for Core and Premier and two-way sFTP sync for Elite. |
| 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, talent acquisition teams, and executive leaders as audiences for benchmarking. |
Plans
OpenComp
- Comp CyclesFree
- Comp BenchmarkingPriced on request
- Comp CyclesPriced on request
- Comp StrategyPriced on request
Payscale Salary Benchmarking
- CorePriced on request
- ElitePriced 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 Salary Benchmarking
Payscale Salary Benchmarking has no write-up on Specifiction yet; its figures are above.