Page 68 - HaltomCityFY25Budget

City Of Haltom City Annual Budget, FY2025 General Fund

HUMAN RESOURCES AND RISK MANAGEMENT

Mission Statement

Human Resources will develop, implement and administer programs and services that enable the City to
recruit and retain a highly qualified workforce.

Accomplishment of FY2024

• Implementation of new life insurance provider resulting in cost savings for City while providing
equivalent benefits for employees.
• Implemented changes to employee compensation approved in the budget; made changes to the pay
plan to reflect increased salaries.
• Changed entry level positions of Police Officer and Firefighter pay to annual step plans. Split sworn
police and fire pay plans for ease of use and adjustments.
• Evaluation and revision to employee service award program.
• Processed 57 payrolls (26 bi-weekly, 30 fire and 1 sick buy-back)
• Cybersecurity training for all employees and elected officials conducted and reported to the
State.
• Munis payroll system conversion complete.
• Hosted financial planning session for employees.
• Development retiree HRA allowing retirees to defer payout of applicable leaves to the HRA for use
to pay retiree insurance premiums.
• Retiree reimbursement process changed so retirees seek reimbursement through an HRA for
compliance purposes.
• Implementation of portions of Secure 2.0 to deferred compensation plans.
• Implementation of lateral entry program.

Objectives for FY2025

• Recruit and retain qualified individuals to support operations within the City.
• Maintain a compensation strategy that reflects the City’s goals, ensuring that employees are classified
and compensated in an appropriate manner.
• Manage liability claims in a timely and efficient manner to limit exposure and reduce cost.
• Cost/benefit analysis of the City’s medical program and explore options to provide competitive
benefits. Review and evaluate medical, dental, and vision to ensure the most beneficial and cost-
effective benefit package is offered to employees, and dependents.
• Examine options for providing cost effective insurance benefits to retirees.
• Implement remaining provisions of Secure 2.0.
• Create Roth IRA for employees through the City’s deferred compensation program.
• Host TMRS pre-retirement session for employees.