Naperville Public Library to Offer Voluntary Buyouts

Link to April Daily Herald article.

Excerpt:   Naperville Public Library will offer voluntary buyouts to employees this year in hopes of preventing, or at least lessening, future layoffs.

The library board recently approved plans that will allow it to replace those who choose to leave with less expensive new hires.

The library employs 288 people, the majority of whom are part-time. Officials estimate they could save $5,000 to $25,000 per employee next fiscal year through the separation program.

Employees who have been with the library for three to five years will be eligible for three weeks of base salary if they take a buyout. Those with six to 10 years with the library will get six weeks of base salary and employees with 11 or more years will get eight weeks of base salary.

Employees taking a buyout must have been with the library for at least three years and can't have already signed a letter of resignation or retirement or be in the midst of disciplinary action.