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 …
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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 …
How to Project Total Compensation for a Church Budget
When calculating compensation for the church budget, it is vital to be as accurate as possible. After all, compensation typically makes up between 45%-55% of the entire church budget. That is why when determining compensation for employees, understanding the laws is critically important. Churches …
Church Budget Categories – Compensation
As an Executive Pastor with over 15 years of experience creating church budgets, I know determining compensation can be controversial, confusing, and contentious. Issues arise like how much of the overall budget should go to compensation. Or understanding what a housing allowance is. Even deciding …
How Much Should the Church Budget Dedicated to Compensation?
If you are putting your church budget together, it is safe to say you are wrestling with the problems associated with compensation. Challenges like avoiding wage stagnation, providing benefits (an ever-increasing piece of the budget), and finding funds to add new staff. On top of all that, …
How the Church Budget Builds Trust in the Staff, Congregation, and Community
Financial oversight of any organization carries a weight with it. There's an incredible burden to "get it right" whenever a person or team manages money. There are too many stories of what happens when it goes awry; we read about theft, fraud, funneling, laundering, etc., eroding trust and …
