OpenComp is compensation decision software designed to help employers strategically plan and communicate employee pay. By providing a comprehensive platform for compensation management, OpenComp enables organizations to approach pay decisions in a way that is objective, unbiased, and transparent.
How does OpenComp work?
OpenComp gives companies tools to manage the entire compensation process, from planning salary structures to communicating pay decisions with employees. The platform is built to ensure employers can create pay programs that are strategic and compliant, supporting clear and consistent pay practices. As the first comp decision software of its kind, OpenComp aims to replace manual, fragmented processes with data-driven decision-making.
What makes OpenComp different?
OpenComp focuses on making compensation decisions transparent and well understood by employees. The result is a more equitable and objective approach to pay, benefiting both organizations and their teams. By centralizing compensation data and workflows, the software helps reduce bias and ensures that pay strategies are aligned with business goals.
Who uses OpenComp?
OpenComp primarily serves growing and mid-sized organizations seeking to modernize their compensation management. Notable customers include Simplesense, Sila, Incorta, Daasity, Yummly, and Qwick, reflecting a market focus on innovative, data-driven companies across various industries.
How was OpenComp started?
OpenComp was founded by a team with deep experience in human resources, technology, and business leadership:
- Nancy Connery: Salesforce’s first VP of HR and founder of Connery Consulting.
- Bobby Benfield: CEO since August 2023, with executive experience at BeautyCounter and Shopzilla.
- David Weinrot: CMO with over 30 years in sales and marketing.
- Justin Byers: Head of Engineering, previously VP of Engineering at Everwise.
- Rony Sawdayi: CTO and seasoned technology executive specializing in data-powered solutions.
You can learn more about their story on their About page.
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