• Economy
  • Investing
  • Editor’s Pick
  • Stock
Evil Shark Trades
Economy

HHS employees offered $25K as ‘incentive to voluntarily separate’

by March 10, 2025
by March 10, 2025

Health and Human Services Department (HHS) employees have been offered up to $25,000 to part ways with the agency in order to help it downsize under President Donald Trump’s plans to shrink the federal workforce.

In the email sent on Friday, the HHS, which is led by Secretary Robert F. Kennedy, Jr., said it has received authorization from the Office of Personnel Management (OPM) to offer Voluntary Separation Incentive Payments.

The OPM ‘allows agencies that are downsizing or restructuring to offer employees lump-sum payments up to $25,000 as an incentive to voluntarily separate,’ according to the email. This incentive is aimed at those who are in surplus positions or have skills that are no longer needed within their department.

 

The payment is available to most employees within the HHS, which includes the Centers for Disease Control and Prevention (CDC), Centers for Medicare & Medicaid Services (CMS), Food and Drug Administration (FDA) and the National Institutes of Health (NIH).

Employees also have the option to take the payment if they are eligible for optional or early retirement, according to the OPM’s website.

 

‘By allowing employees to volunteer to leave the Government, agencies can minimize or avoid involuntary separations through the use of costly and disruptive reductions in force,’ the website stated.

There are around 80,000 people currently working for the HHS in some capacity, according to the Equal Employment Opportunity Commission.

The offer becomes available on Monday and forms must be submitted to local HR offices by Friday at 5 p.m.

The HHS is the second-costliest federal agency and accounts for 20.6% of America’s budget for Fiscal Year 2025 with $2.4 trillion in budgetary resources, according to USASpending.gov. Most of that money is spent by the Centers for Medicaid and Medicare Services.

The only agency with more spending power is the Department of the Treasury.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
HHS employees offered $25k as ‘incentive to voluntarily separate’
next post
Days from partial government shutdown deadline, here’s where things stand

You may also like

Inside longtime Biden aide’s marathon closed-door grilling in...

David Gergen, trusted White House advisor to 4...

Who is Ashley Williams, the longtime Biden aide...

Jasmine Crockett rips Trump ‘regime,’ vows ‘solidarity’ with...

State Department to axe 1,800 employees

‘Nothing to stand on’: Ex-White House physician slams...

JONATHAN TURLEY: Justice Jackson plays pundit to dismay...

Biden cover-up probe heats up as another ex-White...

State Department to begin mass layoffs of about...

Duffy just got an additional job in Trump’s...

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recent Posts

    • Inside longtime Biden aide’s marathon closed-door grilling in House GOP cover-up probe
    • David Gergen, trusted White House advisor to 4 US presidents across decades, dies at 83
    • Who is Ashley Williams, the longtime Biden aide grilled by House GOP investigators Friday?
    • Jasmine Crockett rips Trump ‘regime,’ vows ‘solidarity’ with Biden witnesses during House probe
    • State Department to axe 1,800 employees

    Categories

    • Economy (6,631)
    • Editor's Pick (3,862)
    • Investing (2,826)
    • Stock (1,374)
    Email Whitelisting About Us Terms & Conditions Privacy Policy Contact Us

    Disclaimer: Evilsharktrades.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 EvilSharkTrades.com


    Back To Top
    Evil Shark Trades
    • Economy
    • Investing
    • Editor’s Pick
    • Stock