Wall Street Wizardry
  • Business
  • World News
  • Politics
  • Investing
  • Business
  • World News
  • Politics
  • Investing

Wall Street Wizardry

Politics

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

by admin March 10, 2025
March 10, 2025
HHS employees offered $25k as ‘incentive to voluntarily separate’

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

previous post
Gold Processing Underway. CY25 Gold Production Commences
next post
DAVID MARCUS: Confusion reigns as Canadians confront Trump’s tariffs

Related Posts

Senate kicks off all-night ‘vote-a-rama’ as Democrats plan...

April 5, 2025

Trump admin’s Signal leak shows ‘profound’ risk of...

March 31, 2025

The politics of enthusiasm, and how it matters...

January 27, 2025

Elon Musk tapped to help lead investigation into...

March 27, 2025

‘If you don’t answer … you’re fired’: Trump...

February 25, 2025

How Trump-blocking judges managed to get past Senate...

March 30, 2025

AOC, Sanders tell supporters to mask up for...

March 15, 2025

Task force to expose ‘federal secrets’ on JFK...

February 19, 2025

Trump’s frustrations with Zelenskyy escalate as US turns...

February 21, 2025

Trump and Zelenskyy war of words heats up...

February 20, 2025

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Editors’ Picks

    • 1

      Financial Agreement signed releasing $2M grant

      January 23, 2025
    • 2

      US security contractor will take charge of key checkpoint in Gaza as Israeli forces withdraw

      January 25, 2025
    • 3

      Trump re-designates Iranian-backed Houthis as terrorists: ‘Threaten[s] security of American civilians’

      January 23, 2025
    • 4

      Netflix shares soar as company reports surging revenue, tops 300 million subscribers

      January 23, 2025
    • 5

      Cyclopharm Signs US Agreement with HCA Healthcare for Technegas®

      January 23, 2025
    • 6

      FDA officially authorizes Zyn nicotine pouches for sale following health review

      January 23, 2025
    • 7

      Universal’s ‘Wicked: For Good’ creates a unique marketing challenge

      January 26, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: wallstreetwizardry.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 © 2025 wallstreetwizardry.com | All Rights Reserved