University of Northern British Columbia's bid to reduce senior faculty has produced results.
In all, 19 professors have accepted early retirement packages and a further five in UNBC's School of Education have accepted voluntary exit packages, Barb Daigle, interim vice-president for finance, people and business operations, confirmed this week.
UNBC president Daniel Weeks has said the intent was to close the salary gap with comparator universities. The overall number of faculty will remain the same, he stressed, with each who moves on replaced with a new professor.
Faculty interested had to be at least 55 years old and have been at UNBC at least 15 years as of the end of this year. They will receive a month's pay for each year of service to a maximum of 18 months.
For the School of Education, there were no limits on age and years of service. Those who accepted will also get up to 18 months pay.
Departures will be spread out over the next year, Daigle said.