✨Headcount Planning

This details the Headcount Planning feature in OpenComp.

OpenComp’s Headcount feature details the current burn for your organization, the burn total per department, and the On Target Earnings (OTE) Percentile for each department.

1. You can view your Headcount dashboard by clicking on ‘Headcount’ towards the top of your screen

1. From this dashboard, you can view your current burn and strategize for any changes from the current number of employees.

In the above example, we can see if we set an employee's start date into the future they will appear in this tab, allowing us to plan for possible future hires.

1. To add new employees we can click on the department we would like to add them too, and click ‘+ New Employee’.

If you want to set them into the future make sure to enter their starting date into the future of your target hire date.

1. Finally, be sure to configure your department settings to accurately simulate any additional costs besides employee compensation.

From here you can configure costs that might vary by department, but you might want to include them to have a more holistic view of the costs associated with expanding your team.