Clergy Compensation and Benefits
Clergy Compensation is complicated. The IRS, the Episcopal Church and the Diocese of Newark all have rules that must be followed. Each year, the Human Resources committee recommends and Convention approves a set of policies, including minimum compensation levels, which will be effective at the beginning of the following calendar year.
- Convention 2018 Compensation Report (for 2019 compensation)
- Convention 2019 Compensation Report (for 2020 compensation)
Using the following spreadsheet will help ensure that you properly calculate self-employment tax (SECA), mandatory pension contributions and Housing Equity Account (HEA) contributions. It will also provide all parties with a clear understanding of the complete economic compensation package, including taxable and non-taxable as well as cash and non-cash elements.
Lay Employee Benefits
Benefits for lay employees are also governed by resolutions approved by General Convention and diocesan conventions.