Market Pay Data & Compensation Benchmarking
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The contract titled Market Pay Data & Compensation Benchmarking requires the collection and analysis of labor market data to establish accurate benchmarks for public sector positions within the City of Myrtle Beach. The primary objective is to evaluate competitive and equitable pay ranges by aligning public sector roles with peer organizations and relevant industry standards, ensuring compensation structures are both fair and market-appropriate. This involves gathering comprehensive salary, benefit, and employment trend data from comparable employers and applying rigorous analytical methods to derive actionable recommendations for pay scale adjustments. The contract is classified as a subcontract under NAICS code 541613, indicating it pertains to management, scientific, and technical consulting services. It was posted on July 31, 2026, with a response deadline of October 2, 2026, providing potential contractors approximately two months to prepare and submit proposals. The procurement is being managed by the City of Myrtle Beach through the South Carolina state procurement portal, and while no specific set-aside or organizational type preferences are indicated, the work is to be performed in coordination with the city’s human resources and compensation objectives. All submissions must be made via the provided state procurement portal link.
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