OpenComp 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.

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Pricing

Pricing Starts At:
$9 per user per month
Free Version:
Yes

Integrations

No Integrations at this time

Reviews

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Company Details

Company:
OpenComp
Year Founded:
2021
Headquarters:
United States
Website:
www.opencomp.com

Media

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Product Details

Platforms
Web-Based
Types of Training
Training Docs
Live Training (Online)
Customer Support
Live Rep (24/7)
Online Support

OpenComp Features and Options

Compensation Management Software

Bonus Management
Compensation Assessment
Compensation Calculation
Compensation Plan Modeling
Compensation Statements
Employee Reward Programs
Incentive Programs
Organizational Charting
Salary Planning

OpenComp User Reviews

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