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Reply to "SEC - why not even a peep from leadership?"
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[quote=Anonymous]I also think it’s wise to offer another voluntary exit option before proceeding with a RIF—unless the goal is to limit the number of departures. I’m at a different FIRREA agency, but I suspect the SEC offered a relatively low VSIP partly because they didn’t want too many people to take it. I could be completely wrong, but if the target is something like a 20% reduction, the VSIP would likely need to be more generous to attract that level of interest from SEC employees. And if a 20% RIF really is the goal, a DRP with a departure date of September 30 or later would likely bring in more volunteers—because for most SEC employees, the value of that offer would far exceed $50K. (I'm not indicating that 20% is the threshold; using an arbitrary number solely for purposes of the discussion here.)[/quote]
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