When my wife and I married back in 1989, one of the ways we demonstrated our new "oneness" was by combining our financial resources and working together to allocate our spending. The truth is, it was challenging; we didn't make much money, didn't know much about budgeting, and lived in Southern …
Search Results for: church budget compensation
Making Sense of Church Budget Compensation Percentages
Putting a church budget together is serious business. It is the blueprint that shows the responsible allocation of financial resources. A well-crafted budget demonstrates stewardship, accountability, and how the church accomplishes the church's mission and vision. And one of the most tension-filled …
Church Budget Compensation and Wage Stagnation
Since it's unlikely that anyone on your church staff is in the top 1% of earners, when it comes to compensation, wage stagnation must be a consideration when building a church budget. Wage stagnation is the term that describes little to no growth in employee wages over a period of time. Drew …
Church Budget: Why Compensation Percentage is Only Part of the Staffing Picture
Mr. Lee Daub was my teacher for both fourth and fifth grade. He had a presence that instantly earned my respect. He was quiet, even-tempered, and seemed to know everything. Of course, I was in elementary school, limiting my perspective. One day, as part of a science experiment, he had us make a …
Church Budgeting 103 N – Building the Non-Exempt Employee Compensation Projection
The Church Budgeting basics lessons equip churches with the basic steps to create an effective and accurate church budget. Lesson 103 E covered how to project compensation for exempt employees, and now it's time to estimate the compensation for non-exempt employees. Because most churches spend …
Church Budgeting 103 E – Building the Exempt Employee Compensation Projection
The Church Budgeting basics series provides the basic steps to demystify an essential part of operating the church - the budget. Lesson 103 covered how to project upcoming annual expenses. While lesson 103 provided steps to project ongoing costs, it also covered how to estimate costs for the new …
