🌺Spring 2025
A catalog of our Spring 2025 Release
Multiple / Custom Benchmarks
When we launched OpenComp in 2021–2022, the platform was built with an opinionated point of view on compensation strategy. That approach continues to serve hundreds of companies exceptionally well—especially those that came to us with a blank compensation canvas. For them, OpenComp's strong perspective brings structure to an otherwise unstructured process.
But many companies already have deeply rooted compensation philosophies. These organizations still stand to benefit from OpenComp’s ability to organize compensation data and empower HR and Compensation leaders with actionable insights.
That’s why, over the past two quarters, we’ve focused on flexibility—enabling teams to manage and fine-tune pay ranges or express equity as a cash value.
Now, our biggest stride toward flexibility is here: support for Multiple and Custom Benchmarks. We know companies have invested significant time, energy, and resources to develop their own compensation perspectives and secure internal buy-in. With this release, they can bring multiple benchmarks into OpenComp, map that data to employees and roles, and view it side by side with OpenComp’s proprietary benchmark.
In the coming weeks, we'll introduce Custom Job Architectures, which will allow companies to define their own job taxonomy, specify role hierarchies, manage job role descriptions, and detail skills required for given roles. Customers can combine this with Multiple & Custom Benchmarks to create a point-of-view that unique and distinct for their own organization while still leverage OpenComp's ability to organize comp data, provide rich data visualizations and support complex compensation-related work flows.
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