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Wage and Compensation Study & Analysis

10/15/2024
-
Walker, Michigan

Kent County Road Commission

The buyer seeks a qualified consultant to review and make recommendations on its total compensation strategy, structure, and hourly and salaried ranges. The project includes conducting a thorough review of existing structures, job descriptions, and a custom benchmark total compensation survey. The buyer requires recommendations for changes to current salary ranges, a compensation strategy, and solutions for implementation. The consultant will also provide training, ongoing review processes, and assistance with stakeholder presentations.

  • 10/8/2024 - Deadline to Submit Questions
  • 10/10/2024 - Addendum with Answers to Questions Sent
  • 10/15/2024 - Proposal Due Date
  • 10/22/2024 - Anticipated Recommendation to Board
  • 10/28/2024 - Onsite Post-Award Meeting
  • 1/31/2025 - Compensation Survey & Analysis Due
  • 2/28/2025 - Compensation Strategy & Market Position Due
  • Experience implementing wage administration plans for large organizations
  • Experience analyzing wages and benefits and establishing benchmarks
  • Experience conducting job analysis
  • Experience with job evaluation models in private and public sectors
  • Ability to recommend job evaluation plan(s) for all classifications
  • Sufficient qualified staff to complete analysis within required timeframe
  • Review existing total compensation structure and related history
  • Review job descriptions to ensure accuracy and FLSA compliance
  • Conduct custom benchmark total compensation survey for all classifications
  • Analyze existing classification hierarchy and recommend improvements
  • Provide project management expertise and periodic status reports
  • Recommend compensation strategy and market position for KCRC
  • Provide process for ongoing classification and salary reviews
  • Advise on new compensation developments and alternative tools
  • Provide training to management and key staff on new system
  • Assist with presentations to various stakeholder groups

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