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Vance, Carl B. – Business Officer, 1991
Voluntary severance plans for college employees offer a possible solution to the problem of limiting labor costs in an inflationary economy, particularly when mandatory retirement is eliminated. The severance package must be carefully budgeted, constructed, and communicated to the employees, and the institution must be disciplined in carrying it…
Descriptors: College Administration, Costs, Employer Attitudes, Employment Practices