Printing office announces 2011 buyout figures

Clark Hopkins loads piles of the appendix of the fiscal 2012 federal budget at the Government Prinding Office. Clark Hopkins loads piles of the appendix of the fiscal 2012 federal budget at the Government Prinding Office. Jacquelyn Martin/AP

 

More than 200 employees at the Government Printing Office accepted buyouts and early retirement packages during the second half of 2011, the agency announced Tuesday.

The buyout program targeted 15 percent of the agency's workforce, or 330 employees, although GPO missed that goal slightly. A total of 247 employees took the buyout and early out offer, effective Dec. 31, and 65 other employees left during the same time period for other jobs or through regular retirement, bringing the overall number of departures to 312.

GPO estimates it will save nearly $17.9 million for the rest of fiscal 2012 and $23.9 million in fiscal 2013, the first full year of savings after the buyout offers. The agency employed 2,232 workers before the buyouts, and now employs 1,920 workers.

"The buyout we conducted last year will make GPO more efficient in meeting the information dissemination needs of our customers as the digital information platform for the federal government," acting Public Printer Davita Vance-Cooks said in a statement.

Most of the employees who took the buyouts worked in GPO's plant operations, facilities and customer services/sales. The agency will not offer any additional buyouts soon, according to spokesman Gary Somerset.

In June, GPO announced plans to ask lawmakers and the Office of Personnel Management for permission to offer buyouts and early outs to its staff. A number of government agencies have offered buyouts and early outs to their employees as a way to save money and avoid furloughs and layoffs.

Stay up-to-date with federal news alerts and analysis — Sign up for GovExec's email newsletters.
FROM OUR SPONSORS
JOIN THE DISCUSSION
Close [ x ] More from GovExec
 
 

Thank you for subscribing to newsletters from GovExec.com.
We think these reports might interest you:

  • Sponsored by G Suite

    Cross-Agency Teamwork, Anytime and Anywhere

    Dan McCrae, director of IT service delivery division, National Oceanic and Atmospheric Administration (NOAA)

    Download
  • Data-Centric Security vs. Database-Level Security

    Database-level encryption had its origins in the 1990s and early 2000s in response to very basic risks which largely revolved around the theft of servers, backup tapes and other physical-layer assets. As noted in Verizon’s 2014, Data Breach Investigations Report (DBIR)1, threats today are far more advanced and dangerous.

    Download
  • Federal IT Applications: Assessing Government's Core Drivers

    In order to better understand the current state of external and internal-facing agency workplace applications, Government Business Council (GBC) and Riverbed undertook an in-depth research study of federal employees. Overall, survey findings indicate that federal IT applications still face a gamut of challenges with regard to quality, reliability, and performance management.

    Download
  • PIV- I And Multifactor Authentication: The Best Defense for Federal Government Contractors

    This white paper explores NIST SP 800-171 and why compliance is critical to federal government contractors, especially those that work with the Department of Defense, as well as how leveraging PIV-I credentialing with multifactor authentication can be used as a defense against cyberattacks

    Download
  • Toward A More Innovative Government

    This research study aims to understand how state and local leaders regard their agency’s innovation efforts and what they are doing to overcome the challenges they face in successfully implementing these efforts.

    Download
  • From Volume to Value: UK’s NHS Digital Provides U.S. Healthcare Agencies A Roadmap For Value-Based Payment Models

    The U.S. healthcare industry is rapidly moving away from traditional fee-for-service models and towards value-based purchasing that reimburses physicians for quality of care in place of frequency of care.

    Download
  • GBC Flash Poll: Is Your Agency Safe?

    Federal leaders weigh in on the state of information security

    Download

When you download a report, your information may be shared with the underwriters of that document.