Public Sector | National Practice

Public Sector | National Practice

Helping you manage your business from multiple perspectives

The public sector has looked to outsourcing and co-sourcing to gain efficiencies in support of operations and to manage the costs associated with employee services and staff retention. We help states, municipalities, cities, counties and school systems carefully navigate the evolving workforce scenario by providing options for innovation and adaptation as well as compliance and “business as usual” services. (Government Contractors will find a specific package of services here.)

Accounting, Finance & Cost Recovery Services

CBIZ provides solutions to help you maximize efficiency and increase your transparency to the public.

Limited operating budgets have become the new normal for state and local publicly funded entities. Keeping programs adequately funded requires new strategies that address the demands of this changing fiscal environment. CBIZ brings you the solutions that optimize your resources.

Learn more about:

  • Audit & Assurance Services*
  • Risk Advisory
  • Tangible Asset Valuation

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Risk Management & Insurance Services

Work with risk consultants with extensive expertise insuring all types of public entities.

Technological advances are giving rise to risks such as cyberattacks and drone regulations. These join the usual suspects of property and liability exposure, safety and workers’ compensation concerns, and more. Having served hundreds of schools, cities, counties and other tax-funded organizations nationwide, we put our knowledge and experience to work on your behalf to secure insurance and risk management solutions tailored to meet your needs.

Learn more about:

  • Broad coverage & competitive pricing
  • Risk management & insurance strategies
  • Retention & deduction analysis
  • Enterprise-wide solutions
  • Total cost of risk review Insurance program audits
  • Claims management consulting

Benefits, HR, Payroll, Retirement, Compensation

CBIZ helps you manage costs, handle administrative tasks and enhance employee engagement.

Municipalities, schools and other public entities face unique challenges delivering day-to-day operations while managing low-growth annual budgets. CBIZ helps clients in this sector design, integrate and implement employee benefits, payroll, retirement plans, and talent and compensation strategies, customized by knowledgeable advisors with public sector expertise.

Learn more here about:

  • Employee Benefits Consulting
  • Human Capital Management Services
  • Retirement & Investment Solutions
  • Property & Casualty Insurance
  • Talent & Compensation Solutions

CBIZ Compensation Consulting is proud to present Public Pension Insights 2024: A Comprehensive Survey on Compensation Trends, produced in partnership with National Conference on Public Employee Retirement Systems (NCPERS).

Public sector organizations face a double challenge when it comes to hiring and retaining employees. First, despite significant progress in 2023, average public sector wages lagged the private sector by 27.5%. Second, today’s public sector workforce is significantly older than the private sector, which means the industry is more impacted by the “silver tsunami” as Boomer employees retire.

Traditional pension plans remain the norm in the public sector industry. Today, there are more than 5,000 public sector pension plans in the U.S., with many state and locally administered plans dating back to the 19th century. Through 2021, these plans serve 15 million active members and nearly 12 million retirees with annual benefit distributions totaling $340 billion.