Labor costs account for nearly 60% of public-sector budgets, yet many agencies still rely on outdated spreadsheets or static reports to make multimillion-dollar decisions.
In an era defined by talent shortages, pay transparency, and fiscal scrutiny, public agencies need a smarter way to measure and manage compensation.
The right metrics don’t just reveal where you are—they shape how you plan for the future.
Here are five key compensation metrics every HR and Finance leader should be tracking to strengthen pay competitiveness, equity, and long-term sustainability.
1. Market Competitiveness Ratio (Compa-Ratio)
2. Internal Equity Index
3. Total Compensation Cost as a percentage of Operating Budget
Facing the Teacher Shortage Crisis -What began as a post-pandemic hiring struggle has now become a structural issue touching nearly every state, subject area, and grade level.
TrueComp Training provides a streamlined, on-demand, learning experience that empowers public-sector HR and finance professionals to confidently use TrueComp’s benchmarking, labor-costing, and forecasting tools for data-driven compensation and workforce planning.
To gain access to the new training site, CLICK HERE!
What you’ll find:
- Learning Lab Library: Watch past sessions anytime.
- Microlearnings: 5-10 minute how-tos for quick wins.
- User Guides: Download the latest guides to keep up to date with our ever-changing modules.
- Newsletters: Catch up on product tips and company updates.
Have suggestions or want to see something specific, email us - training@truecomp.com!
Sharpen your skills in labor, compensation, financial forecasting, pension, and OPEB analytics with quick, interactive 30-minute sessions. Get expert tips, live Q&A, and helpful resources to support smarter decisions.
2nd & 4th Thursdays at 10a PST - Register now to save your spot!
November Topics:
November 13th - Open Forum | Bring any Labor Costing or Benchmarking questions you have!
November 27th - Holiday | Happy Thanksgiving!
Agency Spotlight - Wayne County, NC
TrueComp, the leading provider of compensation and workforce planning solutions for the public sector, today announced that Wayne County, North Carolina has selected TrueComp’s Benchmarking solution to modernize its approach to compensation decisions and workforce planning. This marks TrueComp’s first customer in North Carolina, expanding the company’s growing national footprint and reinforcing its commitment to helping governments hire competitively, retain top talent, and negotiate with confidence.
