Voluntary Separation Might Not Be for All UI Employees, says Spokeswoman
The University of Illinois plans to send out emails to its Urbana campus employees on Tuesday, providing details about its voluntary separation incentive program. The U of I is offering incentives for faculty and staff who retire or resign --- but only if the conditions are right.
The cash-strapped U of I is looking to save money by shedding some of its faculty and staff --- and it will pay a half-year's salary up to 75 thousand dollars for faculty and staff who resign or retire. But university spokeswoman Robin Kaler says campus units will only offer the incentives in cases where the employee's departure would provide a real savings --- because that person would not be replaced, or would be replaced at a lower cost.
"So for example, if you had someone who made $70,000 a year and you determined maybe that you could not replace that person if they went, spending $35,000 to recoup another $35,000 could be a savings for the university," Kaler said.
The incentive programs target civil service and academic professional staff who agree to resign or retire before next fall semester --- and faculty eligible for retirement who agree to retire before fall semester 2011. A two-month application window begins on Wednesday. The incentive program only covers the U of I Urbana campus, not the Chicago or Springfield campuses, or university administration.