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Staff Compensation Modernization Initiative
11/26/2024
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East Lansing, Michigan
Michigan State University
The buyer seeks to audit and assess its job classification and compensation system for staff employees. The goal is to transform and modernize this system to ensure job roles and compensation structures are competitive, equitable, modern, and aligned with the buyer's strategic mission and goals. The project aims to develop recommendations for a modern, efficient, transparent, and compliant pay delivery system.
- 11/7/2024 - Deadline for Respondent Questions
- 11/11/2024 - MSU Deadline for Providing Responses
- 11/26/2024 - Proposal Due Date
- 12/1/2024 - Estimated Contract Award
- Have at least 10 years' experience in compensation consulting, particularly within the education sector
- Audit and assess university's job classification and compensation system for staff employees
- Evaluate equity, fairness, and market competitiveness of current pay structure
- Analyze efficiency of compensation management within HRIS
- Identify disparities in compensation practices across departments and employee groups
- Provide recommendations to enhance fairness, competitiveness, and employee retention
- Develop implementation plan for modernized compensation system
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