Workforce Analysis
Public service is labor-intensive. Wages and benefits often represent as much as two-thirds of the operating budget for a public sector organization, and managing such costs is essential to maintaining fiscal health. At the same time, public employees deliver important services, and encouraging service-oriented productivity is vital to effective performance.
The PFM Strategic Consulting team develops workforce strategies integrated with operating budgets and multiyear financial plans. Such analyses have encompassed cost analysis of key compensation components, reliable comparisons to other relevant public and private sector employers, and recommendations for collective bargaining.
PFM has also delivered expert testimony in binding interest arbitration and fact-finding for some of the nation’s largest public employers, provided quantitative analysis in direct support of negotiations and identified effective approaches for overtime and staffing management.
Specific areas of experience and selected case studies include: