GovLaunch: Will buyouts continue across the federal government?

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This topic contains 1 reply, has 1 voice, and was last updated by Profile photo of Steve Cottle Steve Cottle 2 years, 8 months ago.

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  • #150840

    Over 200 employees at the Government Printing Office accepted buyouts and early retirement packages during the second half of 2011.

    GovExec reports that a total of 247 employees took the offer, and 65 others left the agency because of scheduled retirement or other job offers. GPO says this will save $17.9 million during this fiscal year and $23.9 million in FY 2013.

    Currently, GPO employees a little over 1,900 people.

    This is just the latest in a string of buyouts and early outs being offered by various federal agencies in an attempt to save money and streamline processes.

    (Take a look at GovExec’s Buyout Watch for more details.)

    Is your agency offering buyouts or early outs? Do you think this will make the government more efficient — or will it leave agencies short-handed?

  • #150842
    Profile photo of Steve Cottle
    Steve Cottle
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    Linking to good related discussion on when to take buyouts: http://www.govloop.com/forum/topics/when-should-you-take-a-buyout-csrs-fers

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