Question: “When paying severance, which is better: one lump sum or monthly payments over a set time period?” ANSWER: Generally, we recommend organizations provide severance spread out rather than one chunk amount because it encourages a continued amicable...
Clergy
Can you modify housing allowance mid-year?
Can you modify housing allowance mid-year? The Housing Allowance can be amended (changed) as often as needed. We always recommend overestimating when designating a housing allowance. The goal would be to have enough of a buffer in the designation to end up with...
Taxable Sabbatical Expenses
Question … Our elders developed a sabbatical policy that provides our pastors with benefits that includes normal salary and benefits. There is additional pay for activities like meeting with mentors, studying, developing relationships with peers, exploring industry...