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Compensation IQ vs OpenComp

Both stand on salary benchmarking software. Which one you can start free with, which one lets you read the code, and what each costs once you pay.

Compensation IQ

Free plan Web

Compensation IQ brings job frameworks, pay benchmarks, and EU transparency reporting into one platform. Its annual plan prices and lack of a self-serve Salary Benchmarking trial are worth considering before starting.

Visit Compensation IQ

OpenComp

Free plan APIWeb

OpenComp brings compensation data, benchmarking, planning, and review workflows together in a web platform. Organizations should request pricing to understand the cost beyond its 14-day trial.

Visit OpenComp

The facts

Compensation IQOpenComp
Free planYesYes
Open sourceNot publishedNo
Runs onWebAPI, Web
Lowest paid planJob Architecture & Levelling: £2,500 a yearFree or on request
Plans published33
MakerNot publishedNot published
Websitecompensation-iq.comopencomp.com
On salary benchmarking software#1 of 30#2 of 30

Compensation IQ: what it does well

  • Benchmark coverage spans 100+ countries and industries
  • Includes salary band building and pay review tools
  • EU compliance coverage spans all 27 Member States
  • Lists 50+ HRIS integrations and CSV upload
  • Job Architecture and Levelling is free without a time limit

What to know first

  • Salary Benchmarking has no self-serve free trial
  • Global Salary Benchmarking costs £4,200 a year
  • EU Pay Transparency costs £5,200 a year

OpenComp: what it does well

  • Benchmarks company pay plans against market data
  • Supports salary review and approval workflows
  • Headcount models estimate cash burn and dilution
  • Integrates with over 30 HRIS products

What to know first

  • Web platform only
  • Pricing is available on request
  • Free trial lasts 14 days

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