Market Study & Salary Assessment
ID: RFP 26-008
• State: Florida
Opportunity Assistant
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Description
Background
Florida Gulf Coast University (FGCU) seeks a qualified Consultant to provide a comprehensive market review study and salary assessment services. The goal is to evaluate current compensation for faculty employees against relevant labor markets and industry standards, supporting future compensation planning. FGCU has a mission of excellence in student success and aims to ensure equitable and competitive salaries aligned with institutional values.
Work Details
The Consultant will conduct a structured evaluation of in-unit employee compensation, including:
- Analyzing university-provided data.
- Conducting studies on salary compression, inversion, market comparison, and peer group validation.
- Engaging with an Advisory Group for consultation throughout the assessment process.
The project will include:
- Compression and inversion studies to identify misalignments between seniority, rank, and pay.
- A market compensation review comparing institutional salaries to peer institutions.
- Development of a revised institutional peer group reflecting FGCU’s mission and academic profile.
Deliverables include:
1. Project initiation activities ensuring alignment with FGCU’s objectives.
2. Establishing governance and communication protocols.
3. A comprehensive project timeline with milestones for Advisory Group reviews.
4. Final reporting including prioritized findings and recommendations.
Period of Performance
The contract will be performed from July 1 to August 31, 2026, with evaluations occurring throughout this period.
Place of Performance
The services will be performed remotely, with potential meetings at Florida Gulf Coast University located at 10501 FGCU Boulevard, Fort Myers, FL 33965.
Bidder Requirements
Proposers must have at least three years of experience in providing classification, compensation, and market salary assessment studies specifically for public higher education institutions. The Lead Consultant must hold an active professional designation in human resources or compensation analytics (e.g., CCP or SPHR). Proposers must also be registered with the State of Florida Division of Corporations and meet specified insurance requirements.
Florida Gulf Coast University (FGCU) seeks a qualified Consultant to provide a comprehensive market review study and salary assessment services. The goal is to evaluate current compensation for faculty employees against relevant labor markets and industry standards, supporting future compensation planning. FGCU has a mission of excellence in student success and aims to ensure equitable and competitive salaries aligned with institutional values.
Work Details
The Consultant will conduct a structured evaluation of in-unit employee compensation, including:
- Analyzing university-provided data.
- Conducting studies on salary compression, inversion, market comparison, and peer group validation.
- Engaging with an Advisory Group for consultation throughout the assessment process.
The project will include:
- Compression and inversion studies to identify misalignments between seniority, rank, and pay.
- A market compensation review comparing institutional salaries to peer institutions.
- Development of a revised institutional peer group reflecting FGCU’s mission and academic profile.
Deliverables include:
1. Project initiation activities ensuring alignment with FGCU’s objectives.
2. Establishing governance and communication protocols.
3. A comprehensive project timeline with milestones for Advisory Group reviews.
4. Final reporting including prioritized findings and recommendations.
Period of Performance
The contract will be performed from July 1 to August 31, 2026, with evaluations occurring throughout this period.
Place of Performance
The services will be performed remotely, with potential meetings at Florida Gulf Coast University located at 10501 FGCU Boulevard, Fort Myers, FL 33965.
Bidder Requirements
Proposers must have at least three years of experience in providing classification, compensation, and market salary assessment studies specifically for public higher education institutions. The Lead Consultant must hold an active professional designation in human resources or compensation analytics (e.g., CCP or SPHR). Proposers must also be registered with the State of Florida Division of Corporations and meet specified insurance requirements.
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Overview
Opportunity Type
RFP
Opportunity ID
RFP 26-008
Response Deadline
July 1, 2026
Due in 23 Days
Date Posted
June 1, 2026
Source
Pre-Bid Conference
This meeting will be conducted remotely through Microsoft Teams. The solicitation text provided does not indicate whether the pre-bid conference is mandatory or optional, and no specific meeting link or additional details were included.
Q&A Deadline
All vendor questions/clarifications must be directed only to the designated procurement contact, Christy VanAllen, Assistant Director, Procurement and Payment Services, by phone (239) 745-4211 or email cvanallen@fgcu.edu. Questions/clarifications are due before 5:00 p.m. Eastern Standard on 06/17/2026.
Est. Value Range
Experimental
$75,000 - $250,000
(AI estimate)
Agency Distribution
Low
On 6/1/26 Florida Gulf Coast University in Florida issued RFP Market Study & Salary Assessment with ID RFP 26-008 due 7/1/26.
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Documents
Posted documents for Market Study & Salary Assessment
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Additional Details
Questions Due
06/17/2026