Buyouts and Early Outs
The author provides some general information about early outs and buyouts along with questions federal employees should ask themselves if they are considering taking one of these.
The author provides some general information about early outs and buyouts along with questions federal employees should ask themselves if they are considering taking one of these.
Reduction in force (RIF) and VSIP (Voluntary Separation Incentive Pay) are two orderly, effective ways to shed groups of government employees. The author compares the two.
Federal employees are often being asked to do more work without any more reward. A common lament is that the work keeps piling up as more employees leave, and it just isn’t worth it if retirement benefits are going to be re-structured, on top of it. The author offers some tips to see if retiring earlier is worth doing.
If you were offered the chance to leave federal service with a buyout or an early out, are you prepared to make the right decision?
How is severance pay calculated for a federal employee?
If you have an opportunity for an early out or a buyout, are you focused exclusively on not liking your current job? Here are questions you need to ask yourself before making a decision.