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What are the possibilities of a “golden handshake” or an early retirement incentive?

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What are the possibilities of a “golden handshake” or an early retirement incentive?

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At present, UCOP is not contemplating any early retirement incentive or program. The Voluntary Separation Program was offered to provide severance for those employees who have chosen to pursue other opportunities outside of UCOP. The UCOP restructuring effort is too narrowly focused. Saving money and increasing efficiency at the systemwide administrative level is both laudable and overdue. It should not be done, however, without careful examination of what services are necessary and how can they be most efficiently provided. Do you think that restructuring decisions in the Office of the President should be made without regard to the value, rather than the nature, of the services being provided? If non-monetary considerations are worthy of examination, what steps will you take to assure the University’s stakeholders that essential services will continue to be provided in the most efficient manner possible? The reviews currently being undertaken of UCOP’s systemwide support services do n

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