Bridging the Gap: Visual Storytelling for Pension, OPEB, Compensation and Labor Costing
On October 30th, our senior public finance consultants explored dense topics like pension, OPEB, labor, and compensation which may not get the proper attention they deserve when compared to shinier objects competing for the same budget appropriation.
Watch the webinar replay to better understand how to make these topics accessible in several ways:
Improved Communication Skills: Analysts can learn techniques to convey complex topics, such as pensions and OPEB, in a more accessible way. Visual storytelling can help simplify dense financial data, making it easier for boards and committees to understand.
Enhanced Budget Justification: The webinar may provide insights into framing these topics effectively to compete for budget appropriation. Analysts could learn strategies for presenting the financial impact of pensions and labor costs compellingly to secure the necessary funding.
Proactive Planning for Budget Development: By discussing dense topics before budget development, analysts can ensure that essential considerations, such as labor costs or unfunded liabilities, are factored in early, leading to better-informed financial decisions.
Tools and Techniques for Visualization: Analysts may gain exposure to visualization tools that help present financial data in a more engaging format, such as graphs, dashboards, or infographics, which can facilitate decision-making.
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