UNLV offers another round of buyouts
UNLV is once again offering buyouts to some of its long-term staffers.
The offer, announced Thursday by President David Ashley, follows a similar one made in the fall.
That one, which was offered to professional and support staff, was aimed at nearly 300 staffers. Twenty-one accepted, said Gerry Bomotti, senior vice president for finance and business at the University of Nevada, Las Vegas.
Those buyouts should save the university about $2.5 million a year, he said.
He said it is unclear how much this latest buyout program could save the university.
UNLV also offered buyouts in the spring and summer.
Bomotti said they think 139 employees will be eligible for the latest round. It is being offered to classified employees -- secretaries, maintenance workers, etc.
To be eligible, employees must have at least 10 years at UNLV and be at least 60 years old, or the combined age and years of service must be at least 75.
Takers would get up to a year's salary and would leave almost immediately.
The application deadline is Feb. 27.
The buyouts "provide UNLV important flexibility in managing the difficult budget situation we face in the near-term future," states a note on UNLV's human resources Web site.
The announcement came on the same day that Gov. Jim Gibbons proposed cutting the state's higher education budget by more than one-third.
Contact reporter Richard Lake at rlake@reviewjournal.com or 702-383-0307.
