Hidden Problems within Sabbaticals and Other Professional Development Leave Programs

more+
less-

From corporations to prestigious research universities, employers sometimes permit employees to take time away for extended periods. The names of these programs may vary, e.g., they may be related to a sabbatical or professional development leave. Benefits include improved employee morale, research development, and in some instances, cost savings if the employee is not paid at the full rate of pay for the entire leave period. The employee will often have greater discretion in determining their work-related activities during a sabbatical. The employee can also increase his or her value to the employer if the leave is used to conduct value-added activities, such as building credentials and authorship.

There are problems with these arrangements, however, that center upon how well the parameters for the leave period are defined. A poorly designed and managed professional leave program can create legal, tax, and financial issues that could have been prevented.

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Published In:

Tax

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Mintz Levin - Employment Matters | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.
×
Loading...
×