Compensation Study

Background The Hawaii Health Systems Corporation (HHSC) is an agency of the State of Hawaii, established to provide quality healthcare services across the Hawaiian Islands. This Request for Proposals (RFP) No. HHSC 25-004 is issued to solicit proposals for a comprehensive Compensation Study aimed at refining and updating the existing compensation program for executives, directors, and support staff within HHSC. The goal is to create a competitive salary structure that aligns with industry standards and supports the mission of HHSC. Work Details The selected vendor will conduct a detailed compensation study that includes: 1) Meeting with key stakeholders to integrate compensation programs with business strategies; 2) Conducting a comprehensive analysis of existing pay and benefits for all identified positions; 3) Creating a competitive salary structure based on healthcare positions through market analysis; 4) Providing recommendations on salary grades and ranges; 5) Analyzing non-salary benefits such as health insurance and retirement plans; 6) Developing methodologies for administering and maintaining the salary structure; 7) Preparing a transition plan for implementing new compensation structures; 8) Ensuring compliance with relevant laws and regulations. Period of Performance The contract will be for a period of twenty-four (24) months, with three (3) optional one-year extensions. Place of Performance The services will be performed at various locations as determined by HHSC, primarily in Honolulu, Hawaii. Bidder Requirements Bidders must possess valid certifications from the State of Hawaii Department of Commerce and Consumer Affairs, Department of Labor and Industrial Relations, and Department of Tax prior to executing a contractual agreement. Additionally, bidders are required to have a General Excise Tax License from the Hawaii State Department of Taxation.