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Compensation and Classification Study

10/10/2024
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Prosper, TX

Town of Prosper

The buyer is seeking proposals for a Compensation and Classification Study. The study will involve reviewing existing job classifications, conducting interviews, updating job descriptions, and developing a comprehensive compensation and benefits survey. The buyer aims to establish appropriate salary ranges, identify career ladders, and improve their employee performance management system. The selected firm will also provide implementation strategies and conduct training for staff.

  • 9/22/2024 - Issue Date
  • 10/3/2024 - Questions Deadline
  • 10/10/2024 - Proposal Due Date
Refer to RFP
  • Review existing job classifications and propose recommended strategies
  • Conduct interviews and/or job audits
  • Update job descriptions to reflect characteristics, functions, and qualifications
  • Classify benchmark jobs and slot remaining jobs for internal equity
  • Develop and conduct comprehensive compensation and benefits survey
  • Recommend appropriate salary range for each position
  • Identify career ladders and promotional opportunities
  • Conduct compression analysis and provide implementation recommendations
  • Review current Employee Appraisal/Performance Management system
  • Prepare workshop for Town Leadership to communicate findings and solutions