The university is proposing to renew the Employee-Initiated Reduction In Time (ERIT) Program, which is an optional tool that locations and organizational units may choose to implement as a cost savings resource.
The program allows eligible career staff, except Senior Management Group members, to voluntarily reduce their current appointment percentage and corresponding pay, which will allow the university to achieve temporary salary savings. In exchange employees receive certain specified advantages, such as accrual of vacation and sick leave at the employees’ pre-ERIT rates.
Therefore, the university has proposed that the program be renewed for a three-year period, effective July 1, 2014 through June 30, 2017.
The revised program reflecting the proposed three-year renewal is posted at: http://ucop.edu/human-resources/_files/erit-draft.pdfEmployees who wish to provide comments should contact their local Human Resources office for instructions on submitting comments.