Case Study: Sila builds a scalable compensation foundation with OpenComp

Sila builds a new compensation foundation with OpenComp, taking operations from early to later stage

Sila, a fast-growing battery materials innovator, needed a more scalable compensation approach as it expanded rapidly, hired more executives and managers, and faced a competitive labor market. To support this shift, Sila turned to OpenComp and its compensation platform and advisory services to help model equity burn, set pay ranges, and improve manager training.

OpenComp worked with Sila to refresh its compensation foundation using market data, reset levels, develop salary ranges and career progressions, and create clearer internal messaging. The new system made compensation more transparent and scalable, helped Sila improve offer acceptance to 85%, and supported 36% headcount growth with 90 hires in just over two quarters.

Sila

Masha Rakhlin

People Lead