Columbus Leverages TrueComp for Labor Costing during Negotiations and Beyond
The City of Columbus had been facing challenges with efficient labor costing during negotiations due to turnovers in personnel and a reliance on Excel spreadsheets. There was a need for a tool that could streamline the costing process, provide real-time updates, and enhance transparency in budgeting.
Workforce Analytics Can’t Wait — The High Cost of Recruitment & Retention
Public sector agencies are in constant competition with the private sector for talented and diverse applicants. At the same time, employees are job hopping in search of higher pay and greater flexibility.
Westerville Adopts TrueComp for Accurate, Live Compensation Analysis
Westerville’s finance team is responsible for administering over $139 million in expenses annually and ensuring appropriate compensation for their public sector employees.
Cincinnati Improves Workforce Analytics with TrueComp Labor Costing Software
The City of Cincinnati, Ohio looks forward to better workforce analytics and informed decision-making thanks to a partnership with TrueComp, the leader in digital financial software for our cities and government agencies, on government Labor Costing software.
Benicia Selects Forecasting Software and Federal Financing to Manage Pension Liabilities
Benicia is one of the many cities in California that provides retirement benefits to public workers by participating in the California Public Employees Retirement System (CalPERS). Like many public agencies, city officials are developing a plan to mitigate the potential budget impacts of rising annual pension contributions over the next decade.
Grand Traverse County Borrows $40M to Address Pension Debt
In early December, Grand Traverse County, MI issued a pension obligation bond (POB) that will be used to pay down the County’s $40 million pension debt. This is a major development in a decades-long effort to manage legacy pension liabilities following the County’s decision in 2000 to close its defined benefit plan (DB) to newly hired employees.
Nye County Leverages TrueComp for Labor Costing, Negotiations and Transparency
Staff members at Nye County know all too well how difficult it is to navigate complicated excel spreadsheets and rely on accuracy during labor renegotiations. Like many government agencies, the county was still spending hours and hours to generate calculations for each position.