Securing our Future
In the latter part of 2009 the University consulted with staff and other stakeholders on a program of initiatives designed to contain costs in the face of restrictions on revenue growth and the impact of the global financial crisis. This cost containment strategy was designed to ensure the maintenance of the University’s sound financial position.
From this consultation, an Economic Response Program (ERP) containing a range of strategies was agreed. These strategies included:
- a freeze on external recruitment for vacant professional staff positions effective from 7 September 2009 through to 31 July 2010;
- the implementation in late 2009 of a Voluntary Redundancy Program, open to continuing professional and academic staff;
- enhanced benefits for early, pre and phased retirement agreements entered into prior to 31 December 2009, where staff agreed to cease employment by 30 June 2011; and
- the introduction of further flexible leave and working options.
The University is now moving to implement these further flexible employment options and in addition to some background material, this website contains information on the range of options available to staff. The website has also been updated to reflect the completion of some of the ERP components, such as the Voluntary Redundancy Program.
ERP Briefing Videodate recorded: Wednesday 29 July 2009duration: 37 mins 20 secs |