Developing a compensation package for pastors and church staff can seem daunting, but it doesn't have to be. There is no such thing as a "cookie cutter" approach, and there are many things to consider such as salary, employer provided benefits, tax savings strategies, and more.
Is your staff ready for retirement? What cash and non-cash benefits can the church provide its staff? What are the latest tax and administrative rules implemented during the last year that affect how our churches do business? How do you handle designated contributions given to your church, and how are you reporting those funds?
"Let all things be done decently and in order" based on 1 Corinthians 14:40 is the theme of the 2018 financial and tax workshops presented by senior consultant Davis Blount with the Baptist State Convention of North Carolina to address these and other issues. The workshops are designed for ministers, financial administrators, treasurers, church committees and other interested lay leaders. Topics will include:
Preparing for retirement.
Compensation planning.
The Church Retirement Plan.
Employer provided benefits.
Managing designated funds.
Reporting charitable giving.
Tax updates.
FAQs from affiliated churches
Participant questions and answers.
"Without counsel plans fail, but with many advisers they succeed."
Proverbs 15:22