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features
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support

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Description

LaborIQ by ThinkWhy stands at the forefront of talent technology, offering precise compensation insights for over 20,000 positions throughout various U.S. cities and industries. Users benefit from limitless reporting capabilities and access to salary information supported by an extensive database of 3 trillion data points and more than 400,000 company payrolls. Utilize comprehensive employment reporting and projections, insights into talent availability and wage demands, along with salary benchmarking and customizable reporting tools to enhance your strategic workforce and business planning. With data-driven solutions for talent acquisition tailored for the modern hiring landscape, users enjoy unrestricted access and reporting options. This platform allows for salary comparisons across different roles in every U.S. city, enabling companies to understand market compensation trends vital for attracting top talent. It also helps organizations recognize potential pay disparities and retention challenges early on, thus eliminating uncertainty in the recruitment process. This leads to quicker hiring and recruitment decisions, providing immediate insights into talent availability and compensation aligned with market conditions. LaborIQ simplifies complex information into actionable insights, ultimately streamlining your hiring efforts and empowering your decision-making process.

Description

Assess how your company's compensation structures compare to industry standards. We assist in pinpointing cost-to-market alongside creating strategic initiatives to remain competitive in your field. It is crucial to maintain pay equity throughout your organization. OpenComp can highlight discrepancies in pay equity related to gender and ethnicity, enabling you to swiftly address and rectify these disparities. Develop various organizational growth strategies for the future while projecting cash and equity expenditures for each scenario. Utilize precise location models to align compensation appropriately. OpenComp supports you in evolving your compensation philosophy as teams grow more geographically dispersed. Create equitable job offers and evaluate compensation inquiries from prospective employees in direct comparison to the market. Access market data from multiple sources that is standardized and updated daily. Our user-friendly tools empower you to implement compensation strategies effectively. Moreover, you will receive analytics and insights to monitor the effectiveness of your compensation plans and identify trends over time, ensuring you remain proactive in your approach. This comprehensive analysis not only aids in maintaining competitiveness but also fosters a fair workplace environment.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

$9 per user per month
Free Trial No 
Free Version Yes 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) Yes 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

LaborIQ

Founded

2018

Country

United States

Website

laboriq.co

Vendor Details

Company Name

OpenComp

Founded

2021

Country

United States

Website

www.opencomp.com

Product Features

Compensation Management

Bonus Management Yes 
Compensation Assessment No 
Compensation Calculation No 
Compensation Plan Modeling Yes 
Compensation Statements No 
Employee Reward Programs No 
Incentive Programs No 
Organizational Charting No 
Salary Planning Yes 

Recruiting

Assessments No 
Background Screening No 
CRM No 
Interaction Tracking No 
Internal HR No 
Interview Management No 
Job Board Posting No 
Job Requisition Yes 
Onboarding No 
Recruiting Firms No 
Reference Checking No 
Resume Parsing No 
Self Service Portal No 

Product Features

Compensation Management

Bonus Management No 
Compensation Assessment No 
Compensation Calculation No 
Compensation Plan Modeling No 
Compensation Statements No 
Employee Reward Programs No 
Incentive Programs No 
Organizational Charting No 
Salary Planning No 

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