Structuring Pastoral Compensation: A Practical Guide for Blessing Your Pastor by S.L. Potts is an essential resource for church leaders-elders, deacons, trustees, and committee members-who seek to honor their pastors through thoughtful and effective compensation planning. This 132-page guide offers practical insights into creating compensation packages that not only meet legal and financial standards but also reflect the value and dedication of pastoral leadership.
Potts addresses common challenges such as balancing church budgets with fair remuneration, understanding tax implications, and navigating benefits like housing allowances and retirement plans. The book emphasizes the importance of transparency, communication, and alignment with biblical principles in structuring compensation. By providing real-world examples and actionable steps, Potts empowers church leaders to make informed decisions that bless their pastors and foster healthy church dynamics.
Similar Works You Might EnjoyHow to Not Be a Broke Pastor by S.L. PottsThe Pastor's Guide to Financial Freedom by John DoeChurch Finance: The Church Leader's Guide to Financial Operations by Michael BattsFinancial Management for Churches by David A. CroteauThe Church Leader's Guide to Budgeting by James L. SullivanPastoral Leadership: A Handbook of Resources for Effective Ministry by David Emmanuel GoatleyThe Ministry of Finance: A Biblical Perspective by Timothy R. JenningsChurch Administration: Creating Efficiency for Effective Ministry by Robert H. WelchFinancial Planning for Churches and Ministries by David A. CroteauManaging Church Finances by William S. Kinnison"This practical and easy-to-understand guide is an essential resource for pastors, ministers, and church leaders who want clarity on clergy taxes, housing allowance, compensation packages, retirement planning, and financial stewardship. Packed with valuable information about IRS rules for ministers, church payroll guidelines, self-employment tax, Social Security, health benefits, and tax deductions, this book provides pastors with the knowledge they need to manage their income wisely, maximize tax savings, and avoid costly mistakes. Perfect for new pastors, seasoned ministers, church treasurers, seminary students, and anyone handling clergy finances, this best-selling resource helps simplify complex tax laws, strengthen financial confidence, and ensure faithful stewardship of church resources."