NOW AVAILABLE! HOW-TO GUIDE FOR PASTORAL COMPENSATION
Over the past thirty years, Lilly Endowment has done extensive studies which have demonstrated the direct relationship between the health of a pastor, the health of the church, and the health of the community. In study after study, Lilly has also found that the greatest obstacle to pastoral health has to do with financial matters. How much do you and your church really know about pastoral finances? Is your board aware of the strategies for building a compensation package mutually beneficial to both pastor and church? What about IRS compliance and best practices? Now the Church of God is excited to announce the release of a practical how-to guide to address economic issues facing pastoral leaders.
As part of the CARE Initiative, Pastoral Compensation: A Manual for Congregational Boards was written with the average church board member in mind. The look and feel of this book are not like that of a textbook, but instead a resource workbook, featuring charts, diagrams, stories, reflection questions, space for notes, and sample forms and documents.
People hear the word compensation and think you’re only talking about money. The truth is that pastoral compensation not only includes salary, but also benefits, reimbursements, as well as non-monetary components like pastoral training, spiritual growth, and rest/time away. When compensation packages are handled both legally and correctly, ministry costs are designated appropriately in the church’s ministry budget—and the taxable salary is kept at a minimum. To hold up to an audit, these kinds of helpful adjustments must be official actions of the church; the pastor cannot do it alone. Such extremely useful information and more is explained in laymen’s terms in this new book made possible by CARE and edited by Joseph Cookston.
“We know that pastors talking about their own compensation can appear self-serving but it is not,” Joseph explains. “It might be misconstrued as a lack of trust in God to provide, so pastors hesitate to talk to their boards. But that’s what leads to what Lilly Endowment calls a ‘conspiracy of silence.’ Such a conspiracy leads to unhealthy clergy, which leads to unhealthy churches, which leads to unhealthy communities.” Pastoral Compensation is a tool that can be used to demonstrate the mutual benefits of addressing this sometimes sticky subject.
Contact Patti Williams at PWilliams@chog.org or 800-848-2464 to purchase a copy today for just $15, or $8 each for five or more copies. Learn more about CARE—the Clergy Advocacy and Relief Effort—at www.JesusIsTheSubject.org/care.