According to the RFP, “Under the existing compensation system, each job classification is assigned to a range.”
The compensation study will evaluate the city’s current grade structure, salaries, and health and retirement benefits compared to other cities.
Once the study is complete, the city will use the accumulated data to decide whether to restructure its compensation schedule for all classifications.
In terms of required tasks and deliverables, the RFP lists the following:
- Assess the city’s current compensation structure and work with the city to develop a compensation philosophy
- Review proposed methodology and survey instruments with city staff before starting to gather data
- Recommend appropriate comparison organizations to participate in the study
- Recommend a pay classification system, including a comprehensive pay range system with detailed minimum, midpoint and maximum salary ranges, that city staff can use after completing the project
- Resolve any inconsistencies in survey data and be prepared to discuss the particulars of any survey data presented
As for reported data, vendors must provide the following:
- Relevant data on participating organizations, including type, geographic area, budget size and number of employees
- Relevant salary details data from participating organizations in comparison to the city’s job duties, education and experience; grade ranges; incumbent actual salary; and annual incentives and increases
- A comparison of limited specified benefits, including flex time, telecommuting, remote work, one-time merit payments, bonus plans, tuition reimbursement, paid time and paid parental leave
- A pay compression analysis of all positions that address the issue of internal equity, written recommendations for addressing any equity issues identified and the fiscal impact associated with each recommendation
More information about the RFP can be found online. A pre-submission meeting will be held at 10 a.m. Aug. 19 via Teams. Vendors must submit responses to the city by 2 p.m. Sept. 9.
