Compensation and Classification Study

The Virgin Islands Economic Development Authority is seeking a human resources and compensation consulting firm to conduct a comprehensive classification and compensation study and develop key performance indicators for approximately 50 positions.

United States Virgin Islands > United States Virgin Islands Economic Development Authority


General
Open
Oct 28, 2026 09:00 PM
Sep 24, 2026 02:52 PM
5 months
Request for Proposal (RFP)
State
Ask AI about this solicitation
Contact
krichardson@usvieda.org
Saint Thomas, US Virgin Islands
Submission Instructions
Mail
Attention: Kali Richardson, Director, Human Resources, Virgin Islands Economic Development Authority, 8000 Nisky Center, Suite 620, St. Thomas, VI 00802
Description

The Virgin Islands Economic Development Authority is soliciting a qualified human resources and compensation consultant to conduct a comprehensive classification and compensation study for approximately 50 budgeted positions across its departments and affiliated components. The work includes reviewing organizational data, job descriptions, organizational charts, pay scales, employee census data, personnel policies, budgets, employee questionnaires, interview materials, classification frameworks, and external salary and benefits benchmarks. The selected consultant will recommend updated job classifications, classification specifications, salary ranges and pay bands, career ladders, promotion processes, pay-equity and pay-compression remedies, an incentive compensation plan, and policies for maintaining the system. The scope also includes developing key performance indicators for each role, reviewing job descriptions with managers, providing executive briefings and manager information sessions, monthly status reports, staff training, tools, templates, and standard operating procedures. Proposals must address the firm's profile, relevant experience and references, key personnel, project approach and schedule, pricing, qualifications, conflicts of interest, insurance, and other specified information.

Classification Codes
NAICS541612Human Resources Consulting Services
PSCR431SUPPORT- PROFESSIONAL: HUMAN RESOURCES
Smart Codes
compensation consultingjob classification analysisperformance management consulting
Specifications
Service Only
Timeline
Sep 28, 2026-RFP Issue Date
Oct 19, 2026 09:00 PM-Deadline for Submission of Questions
Oct 21, 2026-Deadline for Posting Questions and Answers
Oct 28, 2026 09:00 PM-Proposal Submission Deadline
Requirements
Required
  • Professional liability — $1,000,000.00
  • Comprehensive general liability — $1,000,000.00
  • Workers' compensation
  • Employer's liability — $500,000.00
Scored
  • Minimum 3 references
  • Within the last 5 years
  • Client point of contact required for each reference
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