Harvard: "University to Offer Some Librarians Early Retirement"

From the The Harvard Crimson:

The University will offer a Voluntary Early Retirement Incentive Program to library employees 55 years and older with 10 years of service under their belts, according to a University spokesperson.
Those who choose to accept the offer will receive six months’ pay, plus two additional weeks’ pay for every year of employment beyond 10 years. An employee cannot receive more than one year’s worth of salary under the package.
Approximately 275 employees are eligible for the plan. There are 930 full-time employees within the University library system.
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In an email to the Crimson, a university spokesperson said that with improvement to the library system in mind, “the University is implementing a generous, voluntary early retirement program that will both offer incentives to qualifying employees who wish to retire and help the library meet the needs of its new organization.”
Bill Jaeger, director of the Harvard Union of Clerical and Technical Workers, said the offer was just another ambiguous message from the administration in a process that it has not handled well.

Read the Complete Article
See Also: Harvard Library Releases Org Chart, Offers Buyouts (via LJ)
See Also: Harvard U. Library Announces New Organizational Design and Strategic Direction (Full Text)
See Also: Harvard U. Pesident Faust Reflects on the Future of the Harvard Library, February 8, 2012

Filed under: Academic Libraries, Libraries