Podcast Episode #412
Pastors often face financial pressure because salaries depend on giving of the church. If giving drops, salaries can be in jeopardy. Today we look at what to do when that happens.
Some highlights from today’s episode include:
- High-paid pastors are the outliers. Most are underpaid.
- In most instances, salaries should not exceed 50% of the church budget.
- Pastors, get an advocate to go to bat for you about salary matters.
- Churches, never talk about compensation packages, just talk about salary.
The six points to consider are:
- Make certain you have your facts right
- Look at the entire budget of the church
- Make certain key leaders understand the difference between package and pay
- Consider the possibility of marketplace service or side gigs
- Find an advocate in the church
- Don’t leave over pay unless you have exhausted other options
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If you have a question you would like answered on the show, fill out the form on the podcast page here on Church Answers.