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MARKET STUDY SUBCOMMITTEE:
Task: to assist HEPC and CCTCE staff in developing a request for proposals, to review the proposals received, and to select a market analysis consultant. The request will be written so that the successful consultant understands that HEPC and CCTCE staff must be able to replicate the market salary study in subsequent years.
Members:
| Name - Representative Title | Institution |
| Terry Nebel, Chair - Technology Specialist; President of WVU's Classified Staff Council | WVU |
| Margaret Buttrick - Human Resources Administrator | HEPC |
| Brian Hammond - Manager, Users Support Services; ACCE Representative | SU |
| Barbara Rowell - Director of Human Resources | WVSU |
| Jim Stephens - Director of Human Resources | MU |
Top Three Goals:
Draft a Request for Proposal (RFP) to meet the needs
of Senate Bill 603 with regard to base compensation for classified
and non-classified employees and to assess geographical pay issues;
Analyze the results from the survey and compare the data to the current pay structure to identify areas of improvement
;Recommend changes to the current classification and compensation systems based on the results of the analysis of the market salary study
.Current Status:
The Market Study Subcommittee has completed the following:
Held five meetings with the Committee, the Project
Coordinator, the Vice Chancellor, other Subcommittees, and/or the
Classification/Compensation Consultant.
Drafted an RFP that includes 250+ classified and
non-classified benchmark jobs from the Classification Subcommittee
for the vendor to use for collection of market data.
Provided a list of suggested market study sources
that have been included for review and comment by the vendor.
Developed two data collection templates that dictate the format of reporting the information back to the Market Study Subcommittee.
Next Steps:
Release the RFP for review by HEPC and institutional
human resources administrators, then modify as needed.
Release the RFP to HEPC Procurement for the official
bidding process.
Review, rate, and select the successful vendor based
on the replies from the HEPC bid process.
Authorize the successful vendor to gather the data
as required and then report the data in the required format back to
the subcommittee for review.
Reconvene members of the Oversight Committee with support from WorldatWork
® and analyze the data collected and generate a recommendation on classification and compensation changes based on the data analysis.