OpenComp vs Revelio Labs Compensation Data

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.

Revelio Labs Compensation Data provides external salary benchmarks for organizations assessing pay, attracting talent, and retaining employees. Users can examine hourly wages, base salary, and total compensation by role, company, and geography. Custom benchmarks can account for location, skills, and seniority, with coverage including blue-collar, healthcare, leadership, and executive roles. Market views include competitor salary distributions, employee sentiment on pay, comparisons of base and total compensation, company and location comparisons, and changes over time. Compensation data is available through Revelio Terminal, an API, an S3 bucket, or Snowflake; Terminal users can download insights and custom reports. The Terminal plan costs $1,250 a month with an annual commitment and covers 33.8M companies in 195 countries, with history to 2007. A Terminal free trial requires no credit card or sales call to start, and no charge is automatic when it ends. Revelio Labs says its salary models use diverse public sources, documented methods, and standardized job and skill taxonomies. The company states it is CCPA and GDPR compliant. Data is typically delivered on the 15th of each month for the preceding month, though some postings and sentiment datasets can be delivered daily.