Federal government may offer employees a bigger buyout, as a way to shrink the workforce
Federal government may offer employees a bigger buyout, as a way to shrink the workforce
Government agencies are working on ways to trim their workforces, as requested by the Trump administration. Offering buyouts to federal employees is one way – but up till now the maximum that can be offered is $25,000. A Senate bill coming before a committee today could increase it to $40,000 – the first bump in decades. How effective will that be?
Click the audio player above to hear the full story.
Stories You Might Like
Marketplace is on a mission.
We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.
Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?
