Specifications include, but are not limited to: 1. Conduct a comprehensive compensation and benefit study and develop recommendations and propose options for a compensation and benefit system for existing and proposed positions to ensure competitiveness with other organizations in the greater Providence area and where appropriate comparable positions available on a remote basis. COMPARISONS SHOULD PRIMARILY BE WITH PRIVATE SECTOR POSITIONS, NOT STATE POSITIONS AS RISLA EMPLOYEES ARE NOT STATE EMPLOYEES AND DO NOT HAVE STATE BENEFITS. 2. Conduct an introductory meeting (live or teleconference) with RISLA to create a timeline and discuss the selection process in general for employers to be used for comparisons (market survey). 3. Be able to meet with and thoroughly review with senior management our organizational chart, and current and proposed job descriptions and qualifications in order to ensure market data for each job is complete to make valid comparisons with positions of equal responsibility and scope of work (make/assess internal equity and external competitiveness). This should include a review of each position’s job duties through discussion or interview or comprehensive survey of employee and supervisor for each position. 4. Based on comparable job duties as identified in 3 above when compared to employers identified in 2 above, conduct a total compensation/wage comparisons and analyses that should include at least some consideration of pay relative to certain levels of education, experience, performance/merit-based increases, cost of living and/or market adjustments, on call or standby pay, and overtime. Other possible but less common considerations include bilingual pay, severance packages, longevity, bonuses, incentive pay, or whatever other best practices or standard compensation components discovered through the market analysis and comparisons. 5. Benefit comparisons and analyses should include at least medical, flexible spending, dental, life, short-term disability, long-term disability, retirement, vision, EAP, paid time off (vacation, sick, personal and holidays), tuition reimbursement, and/or possibly any other benefit(s) discovered through the market analyses and comparisons.
