Reply to What happens if large percentage take the buy out?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It’s not a buyout. I hope that most feds will be smart enough to realize this and not take it. [/quote]

This.  It's "we will continue to allow you to work from home until September, at which time you will 'resign.'  We may place you on leave during that time, but no guarantees."

The only people this is good for are those who were planning on quitting/retiring before September anyway, or those who truly can't do a commute for logistical reasons, and will use the 8 months to find a new job (while still working).  [/quote]

Yep, the only people I know who are entertaining it have one foot out the door already. [/quote]

Anyone know what percentage of the fed workforce turns over each year anyway? Is a change of party inauguration year typically higher? Seems like that should be the baseline for measuring whether this did anything. Depending on the details, most who were going to leave anyway might take this carrot. Doesn't seem out of the ballpark that 5-10% would turn over in a new administrations first year (including retirements). Maybe more. [/quote]

that’s people retiring. Nobody retiring is going to respond to this without knowing exactly how it impacts their retirement. People plan years to retire. If you want to move people along to retire you offer actual buy-outs, which this is not. [/quote]

Yeah. I agree that no one should take the deal without understanding the exact details. But I know several who were already planning to retire in the next month or two who will see what the details are. If it turns out they can take this and get paid the rest of the FY instead of the two months they were planning then they might take it. If so, they'd show up as a "win" for this program when really they were going to be gone anyway as part of the natural process.[/quote]

I’m not sure any “exact details” are forthcoming. Agencies probably spend months getting ready to offer VSIP and VERA and understanding the ins and outs and planning the rollout. I don’t think anything even remotely similar is going to emerge out of OPM to allow someone to evaluate the pluses and minuses. [/quote]

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