Most employees at the U.S. Department of Education have until 11:59 p.m. Monday to accept a one-time $25,000 buyout offer ahead of an expected significant reduction in the agency's workforce.
The "voluntary separation incentive payment" offer came in an email Friday from Chief Human Capital Officer Jacqueline Clay, who is the department's lead policy adviser on all human resources management issues, according to multiple media outlets.
The email urged workers to consider a "one-time offer" of a taxable payment of up to $25,000 if they completed an application to retire or resign by the Monday deadline, The New York Times reported. The email noted that employees were receiving the offer before the department underwent "a very significant reduction in force."
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