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Financial Info
Minister's Guide for Compensation
The MMBB Guide to Negotiating Pastor Compensation is a comprehensive 36‑page resource designed to help churches and ministers construct and negotiate fair, tax‑aware compensation packages; it explains the components of clergy compensation (including cash salary, housing/parsonage allowances, Social Security/Medicare tax offsets, benefits like retirement and insurance, and job‑related reimbursements), offers guidelines for determining fair wages, steps for negotiating and agreeing on compensation, and practical tools for setting budgets and comparing compensation with national and regional data, all with attention to federal tax implications and good stewardship practices.
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