Creighton University
Accounting Policies
POLICY TITLE: | Relocation Program | POLICY NUMBER: | GNPL 05 |
|---|---|---|---|
DATE ISSUED: | November 1, 1996 | DATE REVISED: | January 2000 |
Creighton University may pay relocation expenses incurred by newly hired full-time faculty members, professional employees, and administrators. Relocation expenses include the cost of moving household goods (as described in the Relocation Program Section of the Purchasing Policy and Procedures Manual) and any other move related expenses paid by the department or reimbursed to the employee. Relocation expenses do not include the costs of travel for job interviews.
The standard policy for the University is to pay a maximum of $5,875 for all relocation expenses based on the following:
100% of the first $1,000 = $1,000
75% of the next $6,500 = $4,875
Total = $5,875
The level of reimbursement is based upon the contract agreement between the employee and the hiring department. Paying a lesser amount can be approved by a Department Head. Paying a greater amount requires approval of the responsible Vice President.