The Bureau of Indian Affairs has turned to Falls Church, Va.-based Economic Systems Inc. (EconSys) to support its human resources and benefits office and better provide retirement benefits to its employees.
BIA, the oldest bureau of the Interior Department, recently subscribed to the research and software development company’s federal retirement calculation software and is using it to estimate benefits and help process employee retirements.
The company said it will assist the bureau over the term of the subscription and has implemented all of its functional components. In addition to supporting BIA’s retirement counseling, the software also include a suite of self-service tools.
“We want to empower federal HR offices to become more efficient, improve the delivery of services to their agency’s managers and employees and be able to re-direct their resources on the more strategic aspects of federal human capital management,” said Chris Brown, director of federal HR & software services.
“Implementing this subscription at BIA is another step toward our strategy to have our hire-to-retire federal HR software used at every federal human resources office,” he added.
The software forms part of EconSys’ retirement and benefits module within its FHR Navigator suite of federal HR tools. The company says the suite includes web-based HR processing and supports the full federal employee life-cycle.
In addition to web-based offerings for the HR community, the company provides the federal government with online tutorials and financial education and literacy tools.
EconSys said it brings a “decidedly quantitative” approach to its clients through use of econometric tools, performance measurement, survey analysis, cost-benefit analysis, data mining and simulation modeling.