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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.

Description

Discover how to keep your best employees by leveraging trustworthy compensation data. Our extensive compensation resources can guide you in determining appropriate salary levels. With the support of ERI's Assessor Platform, compensation and HR experts gain access to international salary data that spans the globe. It is essential to find accurate salary insights that will enable your organization to remain competitive and attract the ideal talent. We provide comprehensive information on a wide array of job titles, including executive compensation, as well as data regarding cost of living and salary benchmarks worldwide to fulfill your compensation planning requirements. You can assess market rates for base salaries, bonuses, and total cash compensation tailored to specific locations, industries, and company sizes. Additionally, you can refine these salary figures according to factors such as experience, revenue or asset size, skill sets, educational background, and certifications. Our salary survey data presents a wealth of curated datasets, innovative analysis methods, extensive databases, and regular job audits to ensure your compensation strategies are effective and up-to-date. By utilizing these resources, you can create a competitive compensation package that truly reflects the value of your workforce.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

$9 per user per month
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

OpenComp

Founded

2021

Country

United States

Website

www.opencomp.com

Vendor Details

Company Name

ERI Economic Research Institute

Founded

1989

Country

United States

Website

www.salaryexpert.com

Product Features

Compensation Management

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

Product Features

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