Compensation Study Services - Budget - Up to 50,000 USD per year

The Town of Christiansburg, Virginia is seeking a vendor to provide comprehensive compensation study services to address current challenges with recruiting and retaining employees. The agency requires an evaluation of its current compensation plan, including specific classification groupings, job analyses, and position placements within the system to correct any misalignments. The selected partner must identify comparable public and private sector labor markets and conduct a comprehensive compensation survey for Town positions. The scope of work includes updating the current pay structure and recommending appropriate changes to salary ranges based on the survey results, internal relationships, and equity. The agency expects recommended implementation strategies, including cost calculations for transition and corrective action plans to remedy any identified individual or group compensation inequities. The provider must also create updated job clarifications and structure documents as appropriate throughout the process. Eligible bidders must be onshore organizations based in the United States. The agency requires the performance of all work to be completed offsite, and bidders must submit their responses digitally via email or online. The contract period spans three years with an allocated budget of up to 50,000 USD per year. Bidders must submit all questions by July 7, 2026, and the final proposal submission deadline is July 24, 2026.