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Stories tagged with: voluntary retirement incentive

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  • Platt announces live streamed Q&A
    by Diana Chandler, posted Monday, February 29, 2016 (7 years ago)

    RICHMOND, Va. (BP) -- International Mission Board President David Platt will host a one-hour live streamed video session on the entity's future at 11 a.m. Eastern Time March 3, answering questions and responding to comments submitted via Twitter under #IMBLive.

    Platt has expressed a desire to move the conversation beyond discussion of the 983 missionaries and 149 stateside staff members leaving IMB through a Voluntary Retirement Incentive (VRI) and a Hand Raising Opportunity (HRI) collectively aimed at balancing the entity's budget. Read More

  • Platt: IMB to handle added VRI, HRO costs
    by Diana Chandler, posted Friday, February 26, 2016 (7 years ago)

    RICHMOND, Va. (BP) -- The International Mission Board is "fairly confident" it will be able to handle additional costs incurred by a larger than anticipated reduction of its workforce in the organization's "reset" to balance its budget, according to IMB President David Platt.

    The 2016 budget already had a $23 million deficit, based on an anticipated 600-800 personnel taking the Voluntary Retirement Incentive (VRI) and Hand Raising Opportunity (HRO). But 1132 missionaries and stateside staff opted to take the incentives, Platt announced Feb. 24. Read More

  • IMB: 1,132 missionaries, staff accept VRI, HRO
    by BP Staff, posted Wednesday, February 24, 2016 (7 years ago)

    NASHVILLE (BP) -- The International Mission Board announced today (Feb. 24) that 983 missionaries and 149 stateside staff have transitioned outside the mission entity during the past six months as a result of its voluntary retirement and resignation programs.

    IMB President David Platt told trustees the organization now expects to operate a balanced budget for 2017 due to its 2015-16 organizational "reset" processes and the generosity of Southern Baptists who have given sacrificially. Read More

  • IMB reset prompts reflection on ministry moves
    by David Roach, posted Friday, December 18, 2015 (7 years ago)

    IMB Photo
    RICHMOND, Va. (BP) -- The first phase in the International Mission Board's "organizational reset," completed this month, has led hundreds of missionaries to confront a question that, at some point, many in Christian service face: How do I know if God is moving me to a new place of ministry?

    The IMB has not released the results of Phase One -- a voluntary retirement incentive (VRI) offered to all staff and field personnel 50 and older with at least five years of service -- because IMB officials say employees have been asked to focus ... Read More

  • IMB notes ways to support returning missionaries
    by David Roach, posted Tuesday, December 01, 2015 (7 years ago)

    RICHMOND, Va. (BP) -- With the International Mission Board expecting hundreds of missionaries to leave their positions in the coming months, the board has published a list of ways individuals and churches can support field personnel returning to the U.S. Read More

  • IMB grateful for help from Southern Baptists
    by Tess Rivers, posted Monday, October 19, 2015 (7 years ago)

    IMB Photo
    RICHMOND, Va. (BP) -- International Mission Board missionaries and staff are expressing thanks for the way Southern Baptists have stepped up to provide offers of housing, vehicles and job opportunities to missionaries who have accepted IMB's voluntary retirement incentive.

    "Southern Baptists are not only catching the ball, they are running 99-yard touchdowns," said one missionary serving in Asia. " … Read More

  • IMB announces voluntary retirement incentive details
    by Anne Harman, posted Thursday, September 10, 2015 (7 years ago)

    IMB Photo by Thomas Graham
    RICHMOND, Va. (BP) -- In the first phase of the International Mission Board's plan to address revenue shortfalls, leadership announced details of a voluntary retirement incentive during town hall meetings with personnel Thursday (Sept. 10).

    The goal of the plan, IMB leaders shared, is to offer as generous a voluntary retirement incentive as possible, while honoring the years of service of those eligible and providing a smooth transition from personnel's current role. Read More