Item: Compensation Study
Agency: Fort Hays State University (FHSU), Hays, KS
Term of Contract: Contract Award for one (1) year.
Comprehensive Compensation Study and Comprehensive Structure Review
DESCRIPTION OF PROJECT
Fort Hays State University is soliciting proposals from qualified compensation consulting firms to conduct a comprehensive compensation study for approximately 250 in-scope positions. The purpose of the project is to evaluate the University's current compensation structure, assess external market competitiveness, review job classifications and pay ranges, evaluate employee placement within the structure, and provide practical recommendations that support equitable, competitive, sustainable, and administratively workable compensation practices. The selected consultant will work collaboratively with FHSU Human Resources, University leadership and other designated stakeholders. The engagement is expected to include a market analysis using credible employer-reported compensation survey data, review of job descriptions, development or refinement of the University's comprehensive structure, placement analysis for in-scope employee, financial impact modeling, recommendations regarding compensation administration, and communication of findings and recommendations. FHSU seeks a consultant capable of providing an objective, data-supported assessment that recognizes the University's operating environment and relevant labor markets. Proposals should describe the vendor's methodology, data source, project team, stakeholder engagement approach, project timeline, deliverables, and total cost.
PROJECT OBJECTIVES
Evaluate the market competitiveness of compensation for all approximately 250 in-scope positions.
Review existing job descriptions and identify appropriate benchmark positions and comparable labor markets.
Develop or update a comprehensive compensation structure aligned with relevant market data and FHSU's strategic and operational needs.
Evaluate current job classifications and recommend streamlined or revised classifications where appropriate.
Establish or recommend pay grades and ranges that include minimum/starting points, midpoints, and maximums.
Place all in-scope positions into the recommended compensation structure using market data and appropriate internal considerations.
Evaluate employee placement within the structure using relevant factors such as time in position, overall seniority, and other appropriate factors identified through the consultant's methodology.
