OpenComp vs Pequity
OpenComp
opencomp.com
Pequity
pequity.comSide by side
| Figure | OpenComp | Pequity |
|---|---|---|
| Price from | Free | — |
| Free plan | Yes | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| API | Yes | — |
| Plans published | 4 | 1 |
| Spec score · Compensation Management Software | 8.3 (#2) | 6.6 (#22) |
| Spec score · Compensation Planning Software | 8.3 (#2) | 6.6 (#17) |
| Spec score · Pay Transparency Software | 8.3 (#6) | 6.7 (#30) |
| Integrations | OpenComp says it supports connections with more than 30 HRIS products and can also accept CSV employee uploads. | The integrations page lists ATS connections including Greenhouse, Lever, SmartRecruiters, Workday, and SAP SuccessFactors, and HRIS connections including Workday, SuccessFactors, and BambooHR. |
| Product | OpenComp describes its product as compensation decision software for pay decisions and compensation workflows. | Pequity is compensation management software for pricing roles, managing compensation cycles and pay bands, streamlining approvals, and promoting pay transparency. |
| Security | OpenComp says it uses access controls, data encryption, security certifications and system audits to protect compensation data. | The company says it has SOC 2 Type 2, GDPR compliance, MFA, SSO, and regular penetration testing. |
Plans
OpenComp
- Comp CyclesFree
- Comp BenchmarkingPriced on request
- Comp CyclesPriced on request
- Comp StrategyPriced 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.
Pequity
Pequity is compensation management software for organizations with compensation teams and complex or developing compensation practices. It supports salary review workflows, budgeting, compensation bands, and approval workflows. Compensation-cycle tools cover planning and budgeting for promotions, merit increases, pay adjustments, and other changes. Offer workflows provide peer and range comparisons, automated approval chains, and historical tracking of pay decisions. Teams can create and securely share pay ranges internally, with structured approvals and exportable change history for audits. The AI Copilot can build compensation formulas from natural-language instructions, while AI insights generate custom people analytics and reports. Pequity runs on the web and as a browser extension; its Chrome extension lets recruiting teams view compensation data and make offers inside an ATS. Listed connections include Greenhouse, Lever, SmartRecruiters, Workday, SAP SuccessFactors, and BambooHR. Security features listed include SOC 2 Type 2, GDPR compliance, MFA, SSO, and regular penetration testing. Pricing is available on request.