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Walters State Community CollegeVoluntary Buyout Program March 9, 2018This document serves as the program document governing the terms of the Voluntary Buyout Program (VIP). Eligibility for the VIP
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A voluntary buyout program is a program offered by companies to employees where they are given the option to leave the company in exchange for a financial incentive.
Employees who wish to participate in the voluntary buyout program are required to file the necessary paperwork.
Employees can fill out the voluntary buyout program paperwork provided by their employer and submit it according to the instructions.
The purpose of a voluntary buyout program is to reduce costs for the company by reducing the number of employees.
Employees participating in the voluntary buyout program must report their decision to leave the company and any associated terms, such as severance pay or benefits.
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