After a recent trend in federal agencies, thousands of employees leave, the US Securities and Exchange Commission (SEC) asked her employees to resign or resign. SEC has an incentive of 50 thousand dollars for its employees about what the financial regulator calls the program “voluntary early retirement”.
The Trump administration and the Department of State Efficiency (DOGE) concentrated their efforts on a significant weight loss of state labor and saving state money in several areas.
Mass dismissals and federal redemption programs are still the results of their efforts. More recently, the SEC offered its long -term employees the opportunity to resign or resign on a cash prize of 50 thousand dollars.
SEC is on a voluntary route of early retirement
According to the internal note from the main operating room of the SEC Ken Johnson, the voluntary retirement program is open for regular employees who were on the agency’s wage until January 24, 2025.
Employees who are entitled to a proposal must make a decision until March 21, 2025, and separately from the agency to April 4, 2025. The program allows these employees to resign, transfer to another agency or resign immediately.
The note also stated that the employees who accept stimulus And the return to SEC for five years is obliged to fully extinguish the incentive.
The ongoing efforts of the Trump administration to reduce federal labor have already led to the elimination of more than 100 thousand civilian jobs, and their impulse seems to be not slowed down. In February, the White House instructed the federal agencies to submit their plans for “Large -scale power contractions“By March 13. The memory from the White House did not provide any specific roles for dismissal, but said that for a start, employees are considered non -essential during the closure of the government.
In addition to their plans to save money, the memorandum also instructed the federal agencies to submit proposals to withdraw their offices from Washington and to the “less expensive parts of the country”.
It is expected that the immediate cost of the SEC redemption supply will be compensated by eliminating additional expenses for employees who accept the proposal.
In addition, the SEC instructed all employees, including trade union workers, to return to the office, starting on April 14, 2025. This instruction follows the order of the president requiring the employees to work personallyThis order is not a surprise, since Donald Trump ordered the heads of departments and agencies “to take all the necessary steps to stop remote work” on his first day.
The instructions were met with the refusal of employees, since the contract of the trade union with the agency allows the remote work. The instruction only temporarily excludes employees who already have remote agreements for a full time or whose houses are more than 50 miles from the SEC office.
Workforce
The SEC redemption program corresponds to the purpose of the Trump administration – to significantly reduce state labor. This is one of many other agencies that offered employees to voluntarily part with their roles.
On average 62,000 federal workers retired every year Over the past decade, according to the data provided by the US Human Resources Management (OPM), but with Doga Strategies and President Trump, this number is expected to increase sharply.
The Ministry of Education offered its employees an incentive of 25 thousand US dollars to voluntarily resign or resign. Although it was formulated as a voluntary program, announcement From the stimulus, a threat of “significant reduction in force for the US Department of Education” after the extreme deadline is submitted.
The White House also offered all 2.3 million federal employees, including 783 thousand civilians in the Ministry of Defense, ransom It costs about eight months of your salary and benefits. It was reported that the proposal is intended for employees who refused to comply with the requirement of President Trump so that all employees return to the office.
The email, offering the incentive, was formulated as a simple method for the administration to effectively put an end to remote work for most of the federal labor force. Nevertheless, he also poses a threat to the “majority” of agencies that observe the reduction in strength after the expiration of the duration of the proposal.
The US postal service recently offered early retirement incentives in the amount of up to $ 15,000 by mail and other auxiliary personnel, referring to operating changes as a reason under the move.
“The United States Postal Service continues to transform its business model and create an organization structured for success. As a result of our capital investments in modern mailing equipment and changes to our network, the postal service should reduce the staff in those facilities that are overestimated because we continue to provide fast, reliable and efficient maintenance of all communities, ”the USPS spokesperson spokespersperser spokesperson representative Spokesperson Spokesperson. saidField
