Salary Benchmarking and Total Rewards Software Solution

The Vendor is required to provide to gather information from qualified suppliers regarding available cloud-based salary benchmarking and total rewards software solutions.
1. Solution overview
•    Description of your salary benchmarking and total rewards platform.
•    Core functionality and differentiators.
•    Typical higher education clients served (particularly multi-campus institutions).
2. Market benchmarking and survey integration
•    Supported third-party salary surveys 
•    Methodology for integrating external survey data.
•    Predictive modeling or AI-driven benchmarking capabilities.
3. Internal equity and compensation analytics
•    Pay equity analysis functionality.
•    Dashboard and reporting capabilities.
•    Scenario modeling and compensation forecasting tools.
•    Provide predictive analytics, including market movement forecasting and attrition risk indicators.
4. AI functionality
•    Keyword-based job description matching
•    Role similarity scoring
•    Automated job match recommendations.
5. Job architecture and classification
•    Job family and leveling framework capabilities.
•    Job matching by description.
•    Tools for FLSA mapping and compliance support.
•    Job description management functionality.
6. Total rewards visualization
•    Ability to display total compensation (salary + benefits).
•    Employee-facing tools or communication modules.
7. Filtering and grouping of peer institutions by:
•    Enrollment size
•    Revenue or budget size
•    Number of campuses
•    Geographic region
•    Institution type (technical college, community college, university)
8. Integration capabilities
•    Workday integration approach
•    Single sign-on (SSO) compatibility
•    Data import and export formats supported.
9. Implementation and support
•    Typical implementation timeline for an institution of approximately 2,000 employees.
•    Implementation methodology and change management approach.
•    Training delivery methods and ongoing support model.
10. Security, accessibility and compliance
•    Security framework (encryption, data hosting, monitoring).
•    Relevant certifications
•    Compliance with FERPA and other applicable regulations.
•    Accessibility conformance and availability of a VPAT.
11. Contracting and licensing model
•    Licensing structure (subscription, user-based, enterprise, etc.).
•    Typical contract terms.
•    Cooperative contract availability (if applicable).