This Solicitation opportunity from California State University Systemwide Offices was posted on October 3, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

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CSUCO-RFP-0000611-2024 CSU Human Resources Compensation Consultant

Closed

611-2024State & Local

Submission Closed10/28/2024, 12:00:00 AM UTC

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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NAICS: 541612

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Quality Assurance

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AI Contract Overview

The California State University system is seeking proposals from qualified firms to conduct a comprehensive total compensation study for its executive employees, including evaluations of base pay, benefits, supplemental compensation, bonuses, and executive perquisites such as housing and automobiles. The selected Compensation Consultant will assess CSU’s external comparator institutions to ensure executive compensation remains competitive, and analyze internal campus groupings for equity purposes, offering recommendations for improvements if necessary. The project also involves providing ongoing compensation consultation, guidance on emerging issues, and presenting findings and recommendations to CSU leadership, including the Board of Trustees. Responding firms should possess extensive experience in conducting similar compensation studies, preferably within university settings of comparable size, and have access to relevant market data through proprietary resources or industry surveys. The scope of work emphasizes the importance of recurring compensation studies and adaptable consulting services influenced by legislative changes, Trustee priorities, and available funding. The contract, with an estimated value between $500,000 and $1.5 million, is managed by the CSU Systemwide Offices, with a response deadline of October 28, 2024. Interested vendors are directed to visit the CSU procurement portal for further details and must contact Erika Takenaka for any inquiries, as no additional information will be posted elsewhere.

General Info

Agency

California State University Systemwide Offices

NAICS

541612 - Human Resources Consulting Services

Place of Performance

CA, USA

Set-Aside

NONE

Documents

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Timeline

PhaseClosed

PostedOct 3

Solicitation

Response DeadlineOct 28

Deadline has passed

Submission Closed

10/28/2024, 12:00:00 AM UTC

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Organization & Contact Information

AgencyCalifornia State University Systemwide Offices

Contacts1 person available

OfficeN/A

Organization / Agency

California State University Systemwide Offices

Office AddressN/A

Contacts

Erika Takenaka

contact@example.gov

Full Description

PURPOSE The purpose of this Request for Proposal (RFP) is to solicit proposals from qualified firms interested in conducting a total compensation study for executive employees of the California State University (CSU) system and additional compensation consultation services as needed. The Compensation Consultant (Consultant) will be responsible for conducting a comprehensive evaluation of CSU executive compensation. The project includes the following: ¿ Evaluate CSU¿s external comparator institutions for presidents and for vice chancellor positions and make the necessary recommendations to accurately reflect the CSU¿s competitive market. ¿ Evaluate the internal campus groupings used by the CSU for purposes of internal equity comparison for presidents. Make recommendations for improvement if necessary. ¿ Conduct a total compensation study that includes a market analysis and evaluate base pay, benefits and other compensation for CSU executives. Include supplemental compensation, bonuses, executive perquisites such as automobile and housing, executive transition and retreat benefits, health and retirement benefits. Present comprehensive analysis results and recommendations. ¿ Provide compensation consultation and guidance to address emerging needs, make recommendations based upon expertise and the study conducted. ¿ Attend meetings, make presentations, provide updates and present results and recommendations to staff and to CSU¿s leadership as required, including the Board of Trustees. Responding firms should have significant experience conducting total compensation studies preferably involving universities of a range of sizes, including sizes similar to the 23 campuses of the CSU, and in all areas of the organization. Additionally, responding firms should have significant access to market data through either their own resources and/or subscriptions to market surveys, industry-specific publications, etc. Further details are outlined in Section 4, Scope of Work, including the need for reoccurring executive total compensation studies and additional compensation consultation services. In general, the CSU¿s specific consulting needs will be affected by Trustee and executive agendas, state and federal legislation, and the availability of funds.
VENDORS ARE TO VISIT CSUBUY https://bids.sciquest.com/apps/Router/PublicEvent?CustomerOrg=CalState
THE CONTACT FOR THIS BID IS ERIKA TAKENAKA contact@example.gov
NO OTHER INFORMATION WILL BE POSTED ON THIS SITE