Click here for an easy and free way to help feed the hungry at The Hunger Site! Non-profit ad by Voyager
VoyForums

[ VoyUser Login optional ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1, 2, 3, 4, [5], 6, 7, 8, 9, 10 ]

[ Next Thread | Previous Thread | Next Message | Previous Message ]

Date Posted: Tuesday, February 23, 06:34:36am
Author: JG
Subject: Early retirement programs over-rated
In reply to: Jim Fitzgerald 's message, "New Hartford Board of Education Budget Info - Increases" on Monday, February 22, 02:01:04pm

People who propose early retirement programs almost always estimate savings based on the assumption that everyone who accepts the offer would have kept working for years. In many cases you will end up losing money paying someone to do what they would have done anyway. If the incentives become too common or predictable, you could even end up encouraging workers to hang on another year or two anticipating an incentive offer in the near future.

On the teachers refusing to open up the contracts, they're kidding themselves if they think there's any other way of avoiding a bunch of lay-offs given the size of the contractual increases and the current budget situation.

[ Next Thread | Previous Thread | Next Message | Previous Message ]

Replies:

Forum timezone: GMT-5
VF Version: 2.94, ConfDB:
Before posting please read our privacy policy.
VoyForums(tm) is a Free Service from Voyager Info-Systems.
Copyright © 1998-2012 Voyager Info-Systems. All Rights Reserved.