GPO to Offer Employees Buyouts/Early Outs
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Once GPO is given authority, employees can be offered lump-sum payments of up to $25,000 as an incentive to voluntarily separate from the agency. The actual amount of the payout is based on a formula. GPO will use current funds to conduct this program, which needs to be concluded by the end of the first quarter of FY 2012 to achieve the needed savings for the coming year. In combination with a careful workforce restructuring plan, GPO management believes these reductions in personnel can be achieved without compromising the agency’s ability to carry out mission critical operations.
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