Compensation planning provides benefits to both churches and pastors in several financial and tax-related areas.
Developing a compensation package for pastors and church staff can seem daunting. There is no “one size fits all” approach, and there are many factors to consider such as salary, employer-provided benefits, retirement, tax savings strategies and more. Plus, compensation packages must be in compliance with legal and IRS regulations.
We offer practical advice and counsel to churches through meetings, consultations, workshops and other events to assist churches in matters related to compensation. We have also provided a number of helpful resources below.
2022 Compensation Study Results
The 2022 Compensation Study results was a joint project of the Baptist State Convention of North Carolina, GuideStone Financial Resources, and LifeWay Christian Resources. Listed are the results of the survey to benefit churches and their staff for compensation and benefits.
Compensation Planning Guide
This guide is designed to assist lay leaders as they discuss and recommend an equitable salary and benefits plan for church staff.
Financial Checklist for Ministers
This checklist provides an overview of items that should be considered when constructing a staff compensation plan.
Ministers’ Housing Allowance
This link provides answers to frequently asked questions about churches designating a portion of a minister’s salary as a housing allowance according to specific IRS guidelines.