Podcast Episode #029
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Regardless of your profession, when people openly discuss how much or how little you should be paid, it can be uncomfortable. For pastors, this can be magnified. So we deal with how to manage issues related to pastoral and ministerial salaries—and the five things you should know about those salaries. Among the topics Jonathan and I discuss are:
- Annual raises
- Special income tax regulations
- Housing allowances
- Total package compensation
- Take home pay
Pastor, if you truly are underpaid—speak up.
Church, if you are underpaying your pastor—step up.
Episode Sponsor
This week’s podcast is brought to you by Auxano and the Vision Room. VisionRoom.com is an online gathering of articles, tools and resources designed for church leaders like you who value vision clarity and want to live out that vision in meaningful ways. For more information visit VisionRoom.com.
Feedback
If you have a question you would like answered on the show, fill out the form on the podcast page here at ThomRainer.com. If we use your question, you’ll receive a free autographed copy of I Am a Church Member.
Thank you Thom for this well written and informative article. I’m 25 years old and about to finish my seminary career. This is a very important topic, and yet I have not heard this addressed in my seminary career. What would be your advice for a young seminary graduate in relation to proper pay?
God Bless, Daniel
Thanks for covering this topic. As we are currently working on our budget. This provided a lot of great info that I have been able to share with the finance committee. Thank you guys for all of the podcasts, I really Enjoy them.
Questions:
1. If the church has been in debt decades and has a stable or decreasing income with increasing fixed capital expenses , should the pastor salary be raised?
2. Is there a typical percentage of the church’s tithes & offerings that should be designated for the one pastor church’s salary? And should such a pastor’s pay be linked increases similar or greater increases in the church’s income?
3. Is it ever a good idea to have the pastor’s wife to serve on the finance committee?
I like to know why you have not responded to this people’s questions? These are good questions!