Cloud-Based Salary Benchmarking and Total Rewards Software Solution

Solicitation Posting Date: April 1st, 2026

Response Due Date: April 30th, 2026

This Request for Information seeks vendors to provide a cloud-based salary benchmarking and total rewards software solution. The platform should feature salary benchmarking and total rewards management capabilities, including a description of the software's core functionalities, differentiators, and the ability to serve higher education clients, especially multi-campus institutions.

Key requirements include integration with third-party salary surveys, methodologies for importing external data, and advanced features such as predictive modeling and AI-driven benchmarking. The solution must support pay equity analysis, robust dashboard reporting, scenario modeling, and compensation forecasting with predictive analytics for market trends and attrition risks. Additional functionality should cover keyword-based job description matching, automated job match recommendations, job family and leveling frameworks, and total rewards visualization.

The software should allow for filtering peer institutions by multiple criteria including enrollment size, revenue, campus count, geographic region, and institution type. Integration capabilities with platforms like Workday and flexible data import/export formats are necessary. Vendors are expected to outline their implementation timeline for organizations of approximately 2,000 employees, provide their methodology, and demonstrate change management expertise. Security, accessibility, compliance (including certifications), and details of the licensing model (subscription, user-based, enterprise, etc.) must also be addressed.