Oaks-based SEI Offers Senior Employees Voluntary Buyouts to Enhance Talent Attraction, Drive Future Growth

SEI Investments in Oaks, PA
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As part of its broader program to enhance talent attraction and drive future growth, Oaks-based SEI has launched an enhanced voluntary separation program for its senior employees, writes Jeff Blumenthal for the Philadelphia Business Journal.

The voluntary buyouts program is part of the firm’s “commitment to professional development and expanded responsibilities for current and new talent by increasing advancement opportunities,” said SEI.

The company that offers asset management software and services to banks, investment advisors, institutional investors, and investment managers has made the program available to its U.S. employees who meet the set requirements. It includes severance and the continuation of some benefits.

Employees who are eligible for the offer have until early July to decide if they want to accept. Those who take the severance package will likely finish their employment before the end of the year.

“This is a time of change in the world, our industry, and at SEI,” said CEO Ryan Hicke. “With change comes opportunities for our evolution and growth. We believe creating opportunities for diverse perspectives and experience in talent inside and outside of SEI will position us for growth.”

Read more about SEI Investments and voluntary buyouts for senior employees in the Philadelphia Business Journal.