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Search Tags: buyouts
Would you take a buyout if the boss offered you one? You might want to decide now because if and when an offer comes, it won't be on the table very long, Senior Correspondent Mike Causey says.
The three agencies have joined a growing number that are offering incentive payments for employees to leave the payroll. Federal News Radio provides a roundup of recent buyout offers.
Congress, the economy and the White House are all moving in a direction that is likely to create the perfect storm for widespread buyouts within the federal service, Senior Correspondent Mike Causey says.
Ever wonder whatever happened to all those buyouts that used to be available? Well, they are still out there but as Senior Correspondent Mike Causey says, they are a little hard to find.
On today's Federal Drive: The House fails to pass a continuing resolution, a Senate subcommittee approves a DHS hiring freeze and the Air Force is offering some 6,000 civilian buyouts.
The Air Force is planning to make payments to civilian employees to encourage them to leave the federal payroll, in addition to offers of early retirement. The service is trying to get to the level of civilian employment authorized under DoD's civilian hiring freeze, which mandates the department maintain its non-uniformed workforce at fiscal 2010 levels.
AMC is offering $25,000 dollars to more than 30 civilian employees at its headquarters in Redstone Arsenal in Alabama, Federal Times reports.
Bill Bransford is a partner at the law firm, Shaw, Bransford & Roth. He joins the Federal Drive with information on the legal rights of employees who may feel targeted to accept buyouts.
The Government Printing Office wants to reduce staffing by 15 percent, and is offering buyouts as a way of getting there. Eventually. CHCO William Harris says the process won't be complete until the end of the year.
More federal agencies are offering their employees money to quit. Federal News Radio spoke with certified financial planner Arthur Stein about the factors you should consider when thinking about a buyout.