OpenComp Reviews & Product Details

It gives data insight for the ranges and you can search for different jobs Review collected by and hosted on G2.com.

1. Some of our most common jobs were either not in open comp at all or the data was totally different compared to actual postings we found online, so it was definitely not accurate and we had no idea where they were pulling from

2. there was a lot of overlap for titles/descriptions and so we pulled from sometimes 6 different data points and had to try and figure out what was most accurate for our positions. In some cases there were two different job titles with the EXACT same description, but the pay range was totally different.

3. You cannot search by job description, only title. For stuff like IT we found that we had to search for IT, information security, Help desk, and more, because job descriptions that aligned with our title were all titled a bunch of different ways. For us to get accurate data we just kept searching different titles. We might as well have done the same thing on Indeed.

4. For the price, it didn't really help our process all that much and was definitely not worth it.

5. The fact that a few jobs also did not match what we find in the market and were vastly different made it hard to trust any of the data at all, so we ended up cross checking with our own research anyway.

-- overall - waste of money. Review collected by and hosted on G2.com.

We vetted numerous compensation platforms, and OpenComp stood out as the most comprehensive option for a company of our size (200). Mapping positions across various geolocations and tailoring our compensation strategy was quick and straightforward. We were able to get up and running within weeks during implementation, and we’re now already in year two of using OpenComp for new positions and our focal review process. Compensation is no longer a headache for us, and we have a great team at OpenComp to answer questions and provide the support we need. Review collected by and hosted on G2.com.

We are not able to create hybrid roles to fully capture the scope of some of our employees. This would be a great improvement if we could design our roles to get a fuller compensation picture that reflects all that they do. Review collected by and hosted on G2.com.

OpenComp is very easy to use and makes compensation benchmarking straightforward. The platform gives us quick visibility into market data so we can sense-check salary ranges and make more informed pay decisions. It saves a lot of time compared to pulling data from multiple surveys or spreadsheets. The team has also been responsive and helpful when questions come up. Review collected by and hosted on G2.com.

There are very occasional times when we want to compare very specific roles or levels that do not map perfectly to the available benchmarks, so some interpretation is still required. That said, this is fairly typical with compensation data and the platform still makes the process much easier than doing it manually. Review collected by and hosted on G2.com.

What I appreciate most about OpenComp is its remarkable speed and accuracy in helping us develop fair, equitable, and market-aligned salary ranges. As a small organization with a People Team of only two, we simply don’t have the time to create compensation plans from the ground up. OpenComp has truly transformed this aspect of our work, providing us with instant clarity and confidence—something that is truly invaluable.

A major highlight for us has been the smooth implementation process and the seamless integration with Paylocity. The automatic data flow ensures we never have to manually update salary ranges or worry about inconsistencies, saving us significant time and removing the stress of redundant work.

Overall, OpenComp has been a game-changer for our team. It brings transparency, consistency, and fairness to our compensation strategy, making our small team feel empowered with the tools and capabilities of a much larger HR department. Review collected by and hosted on G2.com.

While OpenComp has proven to be highly valuable for our team, we have encountered a few challenges along the way. One issue is that some of our roles are quite specialized, which makes it difficult to find robust benchmark data. In these cases, the data available often feels limited, making it more challenging to establish salary ranges with the same confidence we have for more common positions.

Another area of difficulty is the lack of filtering options for compensation data by company size or industry. As a smaller organization that does not compete directly with large tech firms, it would be extremely beneficial to narrow benchmarks to companies that are more similar to ours. Without these filters, some of the compensation ranges can be skewed higher than what is realistic or competitive for our particular market.

Overall, these challenges are not dealbreakers, but having access to more detailed, role-specific data and additional filtering capabilities would make the platform even more precise and useful for companies like ours. Review collected by and hosted on G2.com.

OpenComp has given us the ability to view compensation ranges across cities throughout America. Its helped us tremendously as a startup. Review collected by and hosted on G2.com.

Data for Latin America hasn’t been accurate for us, and it’s made it hard to rely on the results. Review collected by and hosted on G2.com.

I find OpenComp to be user-friendly and intuitive, which makes it easy for me to navigate and perform benchmarking analyses. The ability to pull data in an executive summary format is a feature I particularly appreciate as it streamlines my workflow and enables efficient reporting. Moreover, my experience with the OpenComp team has been excellent; they are great to work with, and I have encountered no major obstacles while using the tool. As someone relatively new to compensation analysis work, I am impressed with how simple the initial setup was, and I haven't faced significant issues, reinforcing my positive sentiment towards the service. Review collected by and hosted on G2.com.

I wish I could benchmark all my active positions based on job title. Since we benchmark based on the US country average, I don't need to do everyone individually. Review collected by and hosted on G2.com.

As an HR executive overseeing compensation across multiple organization in multiple countries with 20+ years experience- I’ve experienced firsthand the challenges of keeping pay practices aligned, current, and equitable. OpenComp has been a game-changer, especially when you start to cross geos.

It truly serves as a one-stop shop to align global compensation across the globe, giving leaders, managers, and HR teams a single source of truth for pay decisions. The platform eliminates the constant back-and-forth and guesswork that comes with outdated or inconsistent data. Review collected by and hosted on G2.com.

Opencomp is currently working on the few remaining geos that have more complex compensation structures. Even when we ran into this one snag, the team was more than willing and able to help us jump in on a solution for more complex variable pay and special allowance situations. Review collected by and hosted on G2.com.

I've used a number of different tools over my 15+ years as an HR Partner and Leader in the Tech Space. Constantly battling the over-inflation of titles (and the comp that goes with it), Open Comp has given me the tools to fight tough battles with my Executive-level partners to assure we're both recognizing our talent, without blowing out market-level compensation rates. Specifically, the job-family leveling is concise, actionable, and has actually helped my managers navigate promotion conversations. The tool has been powerful for both day-to-day use (job and comp matching during recruiting) and annual planning (both for budgeting purposes and compensation reviews).

On top of that, the support from the OpenComp team has been incredible. They're always fast and insightful, often hopping on a call to discuss any challenges within 24 hours to make sure we're getting the most out of the product. I can't recommend the team highly enough! Review collected by and hosted on G2.com.

While incredibly helpful for 99% of the job matching I've had to do, there are some HIGHLY specialized (namely Compliance) roles in my company that don't yield enough data to really be actionable. Review collected by and hosted on G2.com.

Ability to analyze comp data for entire organization and create salary ranges. Is a very strategic and user friendly tool that adds greatly to my capability. Great tool for me, especially as an HR leader in a non-profit with limited resources. The support team is also very customer focused and reaches out to me periodically to ensure the platform is working well and that I am achieving my key objectives. Review collected by and hosted on G2.com.

No downsides really. Perhaps not as much data for the non-profit sector but was able to upload our own survey data as an enhancement to the platform's data. Review collected by and hosted on G2.com.

I'm able to control the benchmarking based on our total funds raised & funding stage in addition to our geographic location by comparing our comp to actual market data (and not a bunch of algorithmically calculated info that's based on the bay area).

Market data is adjusted quarterly, so I feel confident knowing the information is aligned to true conditions, actual current payroll data, and real inputs from companies like mine.

Its a great price-to-value as well for early stage startups! Review collected by and hosted on G2.com.

I wish there were more comprehensive jobs to benchmark against - knowing there is some variance in job functions, there should be a more established list for SaaS companies. The team DOES do a great job though of helping when there is a job missing or to confirm/clarify which job to use as a direct benchmark. Review collected by and hosted on G2.com.