Wheaton Bible Church’s outside-the-box approach to compensation
Wheaton Bible Church’s compensation philosophy blends a competitive approach with a focus on employee well-being and development.
Compensation
Setting salary and benefits
How the New SECURE 2.0 Affects Churches and Employees with Retirement Distributions, Enrollment Rules
Under SECURE 2.0, ‘Catch-Up’ limits increase, and employers soon can help employees more as they deal with student debt.
Can Churches Assist with Medicare Premiums for Eligible Employees?
There are specific rules and other qualifying factors churches must understand.
Q&A: Are Group Health Sharing Plan Costs Eligible for FSA Reimbursement?
Current guidance suggests no—unless it is part of a fully developed and compliant self-insured health plan.
Advantage Member Exclusive
5 Church Compensation Insights Heading into 2021
Editor’s Note. This article is part of the Advantage Membership. Learn more on how to
Churches and Faith-Based Organizations May Apply for CARES Act Loans
New SBA guidance issued at 11 p.m. on April 3 clarifies eligibility after initial confusion.
Excess Benefit Transactions
Learn what common practices may expose senior pastors to substantial excise tax.
Six Provisions from the SECURE Act Offer Greater Incentives to Save For Retirement
A detailed review of how these changes will benefit churches and staff.
Churches Can Once Again Reimburse Employee Health Care Costs
New rules maintain the same tax-favored status for employer contributions toward a traditional group health plan.
Is Your Church Paying Fair Salaries?
Attracting and keeping quality employees while practicing good stewardship.
Q&A: Can We Give Additional Income to a Church Employee Who Opts Out of Our Medical Plan?
Increasing an employee’s paycheck in lieu of participation may jeopardize your medical insurance plan for all participants.
The Financial Struggles of Real Pastors
Most pastors feel the financial squeeze, despite the hype surrounding mega-rich celebrity pastors. "Bless Your Pastor" is one way congregations can respond.
Church Staff Salaries: Better Private or Public?
Balancing transparency and accountability with privacy is key—but no easy task.
Q&A: Is Our Church’s Overall Budget for Salaries Too High?
Excessive compensation is based on individual pay, not on the total amount budgeted for staff.
What to Include in a Severance Package
Determine what to include in a severance package by establishing your budget and reviewing the
When the Church Office Closes for Bad Weather, Does Everyone Get Paid?
The legal—and logical—considerations regarding how to handle an office closure.
The Compensation Consultant Option
When to consider using a compensation consultant and how to select the right one.
Setting Reasonable Compensation
Four steps to avoid triggering costly penalties when setting reasonable compensation.
Tax Law and Compensation Planning
Important information about salaries, housing allowances, and equity allowances.
Compensation-Setting: Aligning Church Priorities with Market Realities
Steps any church can take to set fair, consistent compensation packages.