ACC regents approve employee exit incentive plan
Alvin Community College regents approved an employee exit incentive program during its regular meeting May 26.
The plan, which is designed to reduce expenses for ACC in the wake of budget cuts mandated by the Texas legislature, will offer long-standing employees an exit incentive. Employees who have been with ACC for 25-years or more will receive 50 percent of their base salary, distributed over four-years, if they choose to leave the college by Sept. 1, 2011. The plan will also provide 30 percent of an employee’s base salary, distributed over two years, for those with 10 to 24-years of service with ACC.
This will be the fourth time in ACC history that an incentive plan of this nature has been offered to employees. Employee exit incentive plans are generally only offered during times of severe financial hardship, and with drastic cuts to public education expected from the Texas legislature, this plan could save from $174,000 to $197,000 over the next two years. The goal of such a program is to voluntarily decrease the number of employees, reassign duties and hire essential replacement personnel at a substantially lower pay grade.
“We need to think ahead and think worst-case-scenario,” said ACC Regent Bel Sanchez. “We need to be cautious and we need to be prepared.”
In other matters, board members approved an increase in tuition and course fees for both credit and continuing education workforce development programs. In-district tuition will increase from $40 per credit hour to $42 and out-of-district tuition will go from $80 to $84 per hour. In addition, the registration fee will increase from $21 to $30 and online course fees will increase from $25 to $30. Course fee increases will also affect health-related programs including first-aid, polysomnography, respiratory care and emergency medical technology.
This summer, the cost of the 60-hour GED program will be $77 (in-district) and $97 (out-of-district) and the cost will go up to $150 (in-district) and $170 (out-of-district) during the fall 2011 semester.
During the meeting, regents also approved: an updated licensing agreement with Microsoft; personnel matters; financial report ending April 2011 and the check register.
The next regular ACC Board of Regents meeting will be June 23.