The University of Kansas has unveiled a buyout program for certain employees. Workers who apply and are approved would receive a year’s worth of salary, up to $100,000, if they agree to step down. The goal is to reduce costs and divert resources to areas university officials hope to strengthen. KU spokesman Gavin Young says they’ll leave positions open for a year and some jobs won’t be restaffed.
Young says more than 500 KU employees will be eligible to apply for the buyouts. The program is aimed at more senior workers. The application period opened yesterday (MON) and ends May 15th.