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What does VSIP stand for?

VSIP stands for Voluntary Separation Incentive Program

This definition appears frequently and is found in the following Acronym Finder categories:

  • Military and Government

See other definitions of VSIP

Other Resources:
We have 14 other meanings of VSIP in our Acronym Attic

Samples in periodicals archive:

These measures include the continuation of previously announced reduced work hours, cutting expenses and discretionary spending in all areas, reassigning employees under the Company's Guaranteed Employment policy, canceling merit raises, instituting a base salary reduction for its executive management (with overall compensation expected to be reduced by as much as 45%), suspending the Company's 401(k) match and offering a voluntary separation incentive program to its Cleveland-based employees.
PHILADELPHIA, April 14 /PRNewswire/ -- PECO Energy Company's (NYSE: PE) Board of Directors yesterday approved financial incentives that will permit eligible employees to participate in either a Voluntary Retirement Incentive Program or a Voluntary Separation Incentive Program.
March 9 /PRNewswire/ -- GTE West Area President Larry Sparrow today said GTE California will offer an enhanced early retirement program (EERP) or a voluntary separation incentive program (VSIP) to about 5,328 eligible management and hourly employees.