The vendor is required to provide compensation market analysis for salaried and hourly positions, as well as ad-hoc reviews for new positions within the organization.
- The unique nature of the organization, support may also be required in developing or conducting custom market surveys to obtain relevant job data where standard benchmarks may not exist.
1. Advisory support: 
• The successful vendor will provide expert guidance in identifying comparable organizations across the industry—both within state and on a national level. 
• The vendor will support authority by advising internal staff on best practices for conducting annual market reviews, including recommended methodologies and strategies for job matching. 
• This includes assisting in the selection of appropriate compensation survey data sources and ensuring accurate market positioning through effective weighting based on factors such as industry, geographic region, and organizational size.
2. Validation and quality assurance: 
• The successful vendor will support the review of internal market analysis to ensure accuracy, completeness, and alignment with compensation best practices. 
• This may include validating job matches and interpreting survey data, as well as identifying any gaps, inconsistencies, or potential risks in the analysis. 
• The vendor will also be expected to provide recommendations for changes as deemed suitable.
3. Reporting and presentation: 
• The successful vendor will review compensation reports and presentations prepared by authority internal staff, offering constructive feedback to ensure clarity, accuracy, and strategic alignment. 
• If required, the vendor may also participate in meetings with leadership stakeholders to present findings or respond to questions.
4. Training and knowledge transfer: 
• To support the development of internal capabilities, the successful vendor will engage in knowledge sharing and informal coaching. 
• Upon request, they may assist in the development of tools or templates that promote sustainable and repeatable internal compensation processes.
5. Ongoing ad hoc support: 
• The successful vendor will be available to provide timely, expert guidance on compensation-related matters as they arise. 
• This includes advising on best practices, regulatory considerations, and process improvements. 
• The vendor will act as a trusted resource for the total rewards team throughout the year.
- Contract Period/Term: 5 years
- Questions/Inquires Deadline: June 10, 2025