Sèvis Finansye Fonkoze, S.A. (SFF) is a Haitian microfinance institution that was established to provide capital and financial services to disadvantaged and low-income segments of society expanding the financial services work introduced by Fondasyon Kole Zepòl (the Foundation) in 1994. Today, SFF offers a full range of financial services including micro and small business loans, savings products, international and domestic money transfer services, currency exchange services, mobile money services, payroll services, among others. As of July 2018, SFF serves nearly 200,000 clients including 64,000 mainly female borrowers through a network of 44 offices and 2,330 credit centers located throughout Haiti’s ten departments and employs more than 800 employees.
            
Résumé du poste : 
                The Sèvis Finansye Fonkoze (SFF) is seeking proposals from qualified firms or individuals to conduct   a   Comprehensive  Job Classification and Compensation Review and   make   recommendations to   update   our classification and compensation  structure   in  accordance   with  the  study.  The  study  shall  cover  all  the  job classifications within SFF. The purpose of the project is to review SFF's existing compensation plan as well as to conduct a comprehensive benchmark market study to  ensure that  all  positions within  SFF  are  internally  equitable  and  externally competitive and that jobs classifications are appropriately grouped. The end product of the study, as detailed in the Scope of Services,  will include recommendations for  the  following:  job classification and grade levels, a wage  comparison  with  comparable  sector entities, a compensation plan and suggestions for the development, an incentive compensation plan for Senior Management and Executives.
The  consultant  shall  develop  recommendations   for  a  compensation  system  based  on  the following:
1.	Review of Job Descriptions, Classification and Grade Level Structure
The consultant will be provided with all the job descriptions for the organization. We currently have 17 Grade Levels about 45 job descriptions total within the various classifications/grade levels.  Consultant to review current classification grade methodology, conduct interviews and/or job audits and propose recommendations as appropriate.
2.	Market Survey
The consultant shall perform a market salary survey of appropriate sector benchmark comparisons like SFF which are selected by the consultant in consultation with SFF.  Compare all employee salaries to internal and external markets. 
3.	Compensation Schedule
Utilizing the market survey results and comparable job descriptions, the consultant shall prepare a  recommended   compensation   plan   and  salary  schedule  to  correspond   to  the  existing classification plan.
4.	Incentive Compensation Plan
In addition, the consultant shall make recommendations  regarding of the adoption and structure of  an  incentive  compensation  plan for Senior Management and Executives.  The  incentive  compensation  program  would  be used  to attract  and  retain  qualified  professionals. The program should reward performance in support of organizational  goals.
An incentive plan proposal should include the following:
•	Situation or background summary
•	Objective or purpose of the plan/program
•	Proposal, program or recommendation
•	Analysis of the advantages and potential adverse consequences
•	Cost justification
•	Timing of payouts
5.	Financial Impact 
Consultant is to provide the possible financial impact that the recommendation could have on SFF.
6.	Turnaround Time
Upon   the   award   of   this   Proposal, all   work   relating   to   a   compensation   study   and recommendations of appropriate ranges shall be completed within 90 days from the  executed contract.
            
Compétences et qualifications requises :
                The consultant (s) will have:
I.	To be considered, a consultant should demonstrate expertise in the field of total compensation analysis and valuation techniques. The consultant should be able to demonstrate  that their job classification, total compensation system and recommendations have been successfully  implemented  and maintained  in  at least three  institution  of comparable  size and scope.  In addition, the consultant should have knowledge of and experience in developing executive level incentive compensation programs.
II.	Ideally, the consultant will speak English and French. Haitian Creole is an asset. Outputs should be delivered in English.
8.	Proposal Format
The following format should be followed  in order to provide SFF with a working basis on which  to  compare  one  proposal  with   another.   Each  of  the  elements  within  this  outline  is expected to be addressed in any submitted  proposal. However, additions may be  made where necessary for purposes of clarification  or amplification.  Please limit proposals to no more than 10 pages.
I.	Executive Summary
•	General background of Consultant, including history of the company, number of employees, clients and projects evaluated, including  a description  of the projects and their size.    
•	SFF is seeking proposals from companies with established expertise in the following area:  Assessment of job classifications and the ability to determine appropriate benchmarks.  The ability to conduct a comprehensive, relevant market study and determine an appropriate compensation structure for SFF.
•	Listing of three (3) clients for reference use for whom consultant has performed similar services as those contemplated by this RFP,  please  include  the name and telephone number(s) of the contact person at each reference.
II.	Technical Requirements
•	Describe your overall approach,  plans, and qualifications for accomplishing the specific services described above. 
•	Provide a statement describing the scope of work as you understand it. Describe the approach, means, methods, and procedures to be used to gather the data, analyze findings, and develop recommendations as requested.
•	A timeline for the deliverables 
•	Provide the name(s) of the employee(s)  in  your  company  who  would   be assigned to this project, give a description of each person's experience  and qualifications,  indicate probable areas of responsibility.
III.	Financial Proposal
•	Please provide your proposed  costs for the completion of this project in its entirety.   Cost  estimates  will  be considered  as "not to exceed"  quotations, except   to   the   extent   that   the   assumed   scope   is   changed   by  mutual agreement in writing.
            
                    
•	Each bidder shall carefully examine the RFP materials  provided  with  respect to this RFP process.  Bidders should  familiarize themselves with all proposal requirements prior to submitting their proposal. Should the bidder note any discrepancies, require clarifications or wish to request interpretations of any kind, the bidder shall submit a written request to Marie-Claire Dorcely by email at mcdorcely@fonkoze.ht. SFF shall respond to such written requests in kind and may, if it so determines, disseminate such written responses to other prospective bidders.
•	If  Consultant  is   interested   in  submitting   a  proposal,  the  following   requirements  should   be observed:
a)	Proposals shall be submitted electronically to Marie-Claire Dorcely at mcdorcely@fonkoze.ht with the subject line: Proposal for Job Classification and Compensation  Review
b)	Proposals    must    be received   no   later   than   May 7, 2021.   Proposals    received    after   the aforementioned date and time  may  not  be  considered  at SFF's  sole discretion.
c)	Consultant(s) may be required  to  interview  with  SFF Management if  deemed necessary.
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