OpenComp Reviews & Product Details

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.

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.

Open comp is a powerful tool for organizations looking to optimize their compensation management process. Its combination of user-friendly design, robust features and insightful analytics made it an excellent choice to my organization. Since implementing OpenComp, we have seen improvements in our compensation strategy. I highly recommend OpenComp to any organization seeking to enhance its approach to compensation management. Review collected by and hosted on G2.com.

We have been using Open Comp for almost a year, and we are still impressed with everything. Review collected by and hosted on G2.com.

OpenComp helps us stay on top of salary benchmarking trends across multiple states, which is essential for our fully remote organization. Their platform makes it easy to set and maintain clear, competitive salary ranges for each role, ensuring our compensation strategy stays aligned with market standards. Review collected by and hosted on G2.com.

More job roles would be helpful specific to cloud computing. Review collected by and hosted on G2.com.

Easy to use

HRIS integration

Robust knowledge base with helpful resources

Responsive and knowledgeable comp consultants

Custom pay and geo strategy

Visual offer tool Review collected by and hosted on G2.com.

There's not much to say here; some roles haven't been created yet, but you can send job descriptions to their team for feedback, and they will provide recommendations. Data for some international locations is also limited, but they are consistently adding roles, market data, and functionality, so I expect this will improve over time. Review collected by and hosted on G2.com.

It's very easy to start using OpenComp right away. I started using their free version when my company was <25 people. As we grew, I liked the platform and so it made sense to move to the paid version, which I found very competitively priced. Through it all, their team has been available to support my continuous learning and supported me in configuring it as to meet my goals. Review collected by and hosted on G2.com.

They lack data for some very industry-specific roles. Their data seems to be pretty great for the average SaaS tech startup, SMB, or enterprise, but they lack market data for certain types of positions in gaming or more creative industries. Review collected by and hosted on G2.com.