A now-closed early-retirement incentive program at Youngstown State University will result in

A now-closed early-retirement incentive program at Youngstown State University will result in significant base salary savings by replacing people at the top of the salary scale with new employees at the lower end of the scale.

Employees participating: 133

Base salary savings 2007: $1,153,405

Base salary savings 2008: $1,373,372

Total annual base salary savings: $2,526,777

Source: Youngstown State University