> The buyout offer entitles federal employees to stop working more or less immediately and continue to be paid through Sept. 30. > The federal workforce's normal attrition rate is about 6% a year, meaning some of those who've taken the buyout may have been planning to leave government service anyway. Wow, talk about an amazing deal if you already happened to be planning on leaving...
I would not leave. Getting into the federal system was hard before, it's going to be near impossible now. For people who are not AI experts, engineers, doctors, etc. the federal government offers pay and benefits unparalleled to anything those same people would find in the private sector. Not to mention the job protections that really don't exist in any other private sector American company.
20k federal workers take "buyout" so far, official says
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Re: 20k federal workers take "buyout" so far, official says
#22> The buyout offer entitles federal employees to stop working more or less immediately and continue to be paid through Sept. 30. > The federal workforce's normal attrition rate is about 6% a year, meaning some of those who've taken the buyout may have been planning to leave government service anyway. Wow, talk about an amazing deal if you already happened to be planning on leaving...
> Critics argue the offer is illegal, there's no real guarantee people will get paid out, and it's something Congress would need to authorize. Give then history of this particular admistration & business', I personally wouldn't be too confident in actually getting paid up to Sept.
Re: 20k federal workers take "buyout" so far, official says
#23It's interesting that annual attrition rate is 6% according to the article. I hadn't considered that before. The buyouts could end up costing more than they save if the only people who take it were the ones already planning on leaving. But maybe the argument is if enough people take it before the March budget deadline, then each departments budget can be proportionately reduced in the next cycle. Does anyone know the…
Re: 20k federal workers take "buyout" so far, official says
#24Doubt it... You'd be a fool to think you'd actually get the money
Re: 20k federal workers take "buyout" so far, official says
#25Interesting they say their goal is 5-10% when normal attrition is six percent, that means essentially their goal is -6 to 4%
Basically, yes.
If they had worked within the existing VSIP (voluntary separation) and VERA (early retirement) systems, maybe by tweaking things like max payouts, they could have almost guaranteed 10%+ by September, imho.
The haphazard and non-standard way they’ve gone about it, however, makes me think that they will be at the low end of their range.
The other possible explanations are:
- they don’t really intend to pay those who resign (e.g., via admin leave status and then having a furlough in March)
- their ultimate goal is to have people not take the deal so that they can just fire with impunity. Imho, this type of reduction will only work for folks on probation (who, imho, are the only ones who should actually consider taking the resignation offer).
Re: 20k federal workers take "buyout" so far, official says
#2620k represents 1%. The target is 5-10%. The messaging is 100-200k federal layoff is coming.
The 8-month buyout offer is significantly better than the one-time offer from Clinton in the 90's [1], even adjusting for inflation, so I'd expect that there's a large group of individuals & families that are just taking the time to evaluate the decision.
[https://www.presidency.ucsb.edu/documents/statement-the-buyo...]
Re: 20k federal workers take "buyout" so far, official says
#27It's interesting that annual attrition rate is 6% according to the article. I hadn't considered that before. The buyouts could end up costing more than they save if the only people who take it were the ones already planning on leaving. But maybe the argument is if enough people take it before the March budget deadline, then each departments budget can be proportionately reduced in the next cycle. Does anyone know the…
Re: 20k federal workers take "buyout" so far, official says
#28It's interesting that annual attrition rate is 6% according to the article. I hadn't considered that before. The buyouts could end up costing more than they save if the only people who take it were the ones already planning on leaving. But maybe the argument is if enough people take it before the March budget deadline, then each departments budget can be proportionately reduced in the next cycle. Does anyone know the…
Re: 20k federal workers take "buyout" so far, official says
#29It's interesting that annual attrition rate is 6% according to the article. I hadn't considered that before. The buyouts could end up costing more than they save if the only people who take it were the ones already planning on leaving. But maybe the argument is if enough people take it before the March budget deadline, then each departments budget can be proportionately reduced in the next cycle. Does anyone know the…
Re: 20k federal workers take "buyout" so far, official says
#30Earlier quoted context omitted.
Wow, talk about an amazing deal if you already happened to be planning on leaving... I'm guessing the vast majority who take the deal were already planning to leave? So we're wasting tax payer money giving them 8 months severance when it could have been 0.
I also suspect that there really isn't nearly as much "waste" here as Musk is alleging, so we are going to be forced to re-hire people, while still paying a ton of workers for 8 months of no work. This doesn't seem "efficient" to me, but "efficient" is a word that doesn't actually mean anything without context, which they don't provide.
I think they will find a lot of waste - question is if people in the USA will agree.