Voluntary redundancies amongst staff are now being offered by the University of Bath as the financial effects of the pandemic are being felt.
A spokesperson told Bath Newseum:
‘The University, in common with many other organisations, has been adversely affected financially by the Covid-19 pandemic and therefore has had to make a number of cost saving measures.One of the proportionate steps we are taking to ensure the long term financial sustainability of the University is a voluntary exit scheme.Any staff departures via the scheme will be mutually agreed between the individual and the University.’
In effect, this means the university will decide who they want to let go and will tell staff what selection criteria they are going to use.
If someone does accept, they will receive a cash payment as compensation for giving up their job.
I also contacted Bath Spa University to see what was happening there.
A spokesperson told me: ‘We do not have a voluntary exit or similar scheme at Bath Spa.’