Government buyouts: A lesson in workforce management
If the government truly wants to remain a competitive employer in a rapidly shifting labor market, it must rethink how it handles workforce reductions.
By Raymond Lee |
March 28, 2025 at 12:09 AM
X
Thank you for sharing!
Your article was successfully shared with the contacts you provided.
Over the last few weeks, federal employees have been faced with an unsettling reality—department shutdowns, layoffs, and a wave of “deferred resignations.” These buyouts, designed to reduce workforce costs, require employees to decide by February 6 whether to accept severance through September 30. While the program may seem like a cost-saving measure on the surface, its execution raises concerns about fairness, transparency, and long-term impact.
The government has much to learn from corporate America’s workforce strategies—both its successes and failures. Private-sector companies that implement layoffs or voluntary severance programs recognize that how employees are treated during transitions affects morale, retention, and future hiring. If the government wants to maintain its reputation as a stable employer, it must approach workforce reductions with a more strategic and employee-focused mindset.
Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.
Your access to unlimited BenefitsPRO.com content isn’t changing. Once you are an ALM digital member, you’ll receive:
Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Employers are revamping their benefits strategies--but are they offering what employees truly want? Discover the seven key elements shaping workplace benefits in 2025 to help your clients enhance satisfaction, retention, and enrollment.
In 2025, you are uniquely positioned to make a real difference for your clients--both financially and in the wellness of their employees. Full of tips ranging from goal setting to relationship building, this is your guide to being a better partner this year, and beyond.
You can bet that many of your employer clients will be considering alternative funding models as they shop around for health plans this year. Download this short guide to learn about the difference between MERPs and HRAs, why they matter and how you can provide your clients with lower costs, more flexibility and greater satisfaction.