Compensation Study Services

The Town of Christiansburg, Virginia is seeking a vendor to conduct a comprehensive compensation study to address its current challenges with recruiting and retaining employees. The agency needs a thorough review of its current compensation plan, classification groupings, and position placements within the compensation system. To resolve potential misalignments, the selected vendor will perform job analyses as needed and recommend appropriate structural changes. The scope of work requires the vendor to identify and recommend comparable public and private sector labor markets for a compensation survey, which must be approved by the Town administration prior to implementation. The vendor will then develop and conduct the compensation survey for Town positions and recommend adjustments to salary ranges based on the survey results, classification plan, and internal equity. Additionally, the project includes creating updated job classifications and structure documents where appropriate. The agency limits eligibility to onshore organizations based in the United States. The chosen vendor will perform all work offsite. While the agency has not disclosed a specific budget, it is requesting cost proposals from interested bidders to determine the financial framework. The agency requires all questions regarding this opportunity to be submitted no later than July 7, 2026. Evaluation criteria will be based on the submitted proposals, though specific scoring weights are not detailed in the initial request.