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The Financial Realities of Elder Care & Long-Term Care Insurance
Please join us for the MMBB Member Luncheon & Address at the Biennial Mission Summit of American Baptist Churches USA on June 23, 2023, from noon to 2 p.m. at the Puerto Rico Convention Center in San Juan, Puerto Rico. To learn more about the luncheon and our workshops, visit www.americanbaptists2023.com.
Offering fair compensation is one of the most important things you can do to foster a positive work environment. It can free your staff from financial anxiety and allow them to focus their time and attention on ministry.
Plus, when staff feel like they’re being fairly paid based on their skills and experience, they are more willing to serve for longer periods of time providing continuity to the ministry.
Are your finances in good shape? What are your financial goals? Before you can begin thinking about how to achieve your financial goals, you need to have a sense of whether your compensation is fair and adequate in terms of your education and experience in ministry.
Learn MoreOne of the most important elements of compensation negotiation is to lay the groundwork for effective communications. The first step should be to form a Pastoral Relations Committee that can conduct research, advocate for fair compensation and work closely with the pastor and ministerial staff to design an acceptable package.
By limiting the group to a small number of church members of 3 to 6 people, ministers and pastoral staff are better able to talk openly and confidentially about their needs and maintain a strong relationship with their congregation.
When forming your committee, choose members who:
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Translations of any materials into languages other than English are intended solely as a convenience to the non-English-reading public. We have attempted to provide an accurate translation of the original material in English, but due to the nuances in translating to a foreign language, slight differences may exist.
Las traducciones de cualquier material a idiomas que no sean el inglés son para la conveniencia de aquellos que no leen inglés. Hemos intentado proporcionar una traducción precisa del material original en inglés, pero debido a las diferencias de la traducción a un idioma extranjero, pueden existir ligeras diferencias.
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