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Pay Strategy and Ranges

Create competitive & transparent salary bands.
global comp databenchmarkingmerit and bonus cyclespay strategy and rangespay equitytotal rewards statementsheadcount planningintelligent offers
Pay Strategy and Ranges

Eliminate comp conflict with a data-driven strategy.

Create a culture of consistency and transparency by defining a compensation strategy for your company. With salary ranges for each location and role, you can eliminate guesswork as you hire and reward employees.
“With OpenComp, we can build trust with employees by showing we have a strategy and aren’t making random decisions.”
Rachel Kratz,
Chief of Staff, Qwick
Pay Strategy screenshot
Pay Strategy screenshot
Effortlessly build your own expert-grade salary ranges that balance cash and equity, incorporate location strategies and apply remote pay policies.
“Our compensation framework went from sufficient to scalable because of the work we did with OpenComp.”
Kate Martin,
VP People & Culture, Sila
Easily identify areas where existing comp may not be aligned with your company’s pay strategy.
“We needed to build a compensation strategy and OpenComp made it possible.”
Samantha Kingler,
Dir of Human Resources & Technology, Bowery Valuation
Pay Strategy screenshot
Pay Strategy screenshot
Consistently see pay ranges throughout the OpenComp system to help with all comp decisions (from offers and merit increases to pay equity).

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