BY ROB NOVIT
Savannah River Nuclear Solutions has announced a voluntary separation opportunity for its employees, beginning Tuesday.
Dwayne Wilson, the SRNS president and CEO, wrote in a letter to employees that the company is in a position to offer an additional self-select program to all permanent full-time employees.
"The decision to participate is completely voluntary, and management will consider all requests to participate," Wilson said in the letter.
"As missions are completed and some of the work is wrapping up," said Barbara Smoak, SRNS public affairs officer, "we thought this would be a good time to offer this to our employees."
The window to participate will remain open until Sept. 28 at 5 p.m.
Employees approved for the separation program will receive severance of one week's pay for every full year of eligibility service, up to 26 weeks.
Those staff members may be eligible for medical coverage under the Department of Energy Displaced Workers Medical Benefits program, if they are not eligible for the retiree or other medical benefits, Wilson said. Eligible employees will also be able to retire under the optional retirement provision of the SRNS Multiple Employer Pension Plan, consistent with the terms of that plan.
While most of the benefits are available for those who leave in a traditional way, they do not get the severance package available for those leaving under the separation plan, Smoak said.
"We're not looking at a threshold or have a particular number in mind of people choosing this voluntary separation," she said. "Also, instead of giving employees two weeks to consider this, we're giving them a full month to assess their situation and determine if this is something they're interested in doing."
There are no plans for new reductions in force, Smoak said.
After Sept. 28, all participants - including those who are retirement eligible - will work their last day Oct. 12, Wilson said. Some employees might be asked to remain longer if they have a project or there is a need to ensure an orderly turnover.
"As we all know, with this announcement will come distractions, but I ask that you continue to focus on the job at hand to ensure we meet our obligations safely, cost-efficiently and on schedule," Wilson said.Image may be NSFW.
Clik here to view.
Savannah River Nuclear Solutions has announced a voluntary separation opportunity for its employees, beginning Tuesday.
Dwayne Wilson, the SRNS president and CEO, wrote in a letter to employees that the company is in a position to offer an additional self-select program to all permanent full-time employees.
"The decision to participate is completely voluntary, and management will consider all requests to participate," Wilson said in the letter.
"As missions are completed and some of the work is wrapping up," said Barbara Smoak, SRNS public affairs officer, "we thought this would be a good time to offer this to our employees."
The window to participate will remain open until Sept. 28 at 5 p.m.
Employees approved for the separation program will receive severance of one week's pay for every full year of eligibility service, up to 26 weeks.
Those staff members may be eligible for medical coverage under the Department of Energy Displaced Workers Medical Benefits program, if they are not eligible for the retiree or other medical benefits, Wilson said. Eligible employees will also be able to retire under the optional retirement provision of the SRNS Multiple Employer Pension Plan, consistent with the terms of that plan.
While most of the benefits are available for those who leave in a traditional way, they do not get the severance package available for those leaving under the separation plan, Smoak said.
"We're not looking at a threshold or have a particular number in mind of people choosing this voluntary separation," she said. "Also, instead of giving employees two weeks to consider this, we're giving them a full month to assess their situation and determine if this is something they're interested in doing."
There are no plans for new reductions in force, Smoak said.
After Sept. 28, all participants - including those who are retirement eligible - will work their last day Oct. 12, Wilson said. Some employees might be asked to remain longer if they have a project or there is a need to ensure an orderly turnover.
"As we all know, with this announcement will come distractions, but I ask that you continue to focus on the job at hand to ensure we meet our obligations safely, cost-efficiently and on schedule," Wilson said.Image may be NSFW.
Clik here to view.
