Comprehensive Classification and Compensation Study

Alcorn State University issued RFP #5464 to obtain a university‑wide classification and compensation study. Three firms submitted proposals; the evaluation committee ranked Sibson Consulting highest (score 88.14) and recommended it for award. The study will cover compensation strategy development, market salary‑structure design, benefits assessment, pay‑equity analysis, and related HR consulting for faculty, staff, and executives. The recommended fee is $149,500 for the core 8‑10‑month effort, with an optional $70,000 pay‑equity add‑on. Final award awaits approval by the university CEO and the State of Mississippi. • Scope: job classification, salary structure, benefits, pay‑equity, and HR policy guidance for a public HBCU. • Vendor: Sibson Consulting (Washington, DC) – highest technical score, extensive higher‑ed experience. • Financial: core fee $149,500; optional $70,000 for additional pay‑equity services. • Status: recommendation completed; contract not yet executed, pending senior approvals.