The vendor is required to provide from qualified consulting firms (consultant) to conduct a comprehensive compensation study.
- The primary objectives of the compensation study are as follows:
• Assess the current compensation structure and practices.
• Benchmark against similar organizations and industry standards.
• Identify gaps and discrepancies in compensation.
• Provide recommendations for adjustments to improve market competitiveness.
• Develop strategies for attracting and retaining qualified employees.
- Include for services
• Review the current compensation plan, and available benefits, and understand current challenges in recruiting and retaining employees.
• Recommend and identify a consistent and competitive market position that the district can strive to maintain.
• Recommend comparable labor markets, including both private and public sector employers for compensation survey.
• Develop and conduct a comprehensive compensation and benefits survey,
• Evaluate job descriptions and specifications to ensure accurate compensation alignment.
• Recommend an appropriate salary range for each position based on the compensation survey results and the internal relationships and equality.
• Prepare a new salary structure based on the results of the survey and best practices.
• Develop guidelines to assist district staff with determining the starting pay for new employees based on knowledge and experience above the minimum requirements of the position, how difficult the position is to fill, and market competitiveness.
• Recommend implementation strategies including calculating the cost of implementing the plan.
• Identify any extreme current individual or group compensation inequities and provide a recommended corrective action plan and process to remedy these situations.
• Make recommendations and provide implementation strategies related to other key compensation practices, based on market demands, including pay for performance, cost of living adjustments, skill pay, certification pay, promotional pay, and acting assignment pay.
• Deliver a comprehensive report summarizing findings, implementation, methodologies, and recommendations.
- Questions/Inquires Deadline: May 27, 2025